Investments

Investments
FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
November 24, 2020

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as...

Investments
Insurance Firm Hippo Gets $350M Investment From Mitsui Sumitomo
November 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Indian Digital Payments Platform Cashfree Lands $35M From Apis Partners  
November 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Digital Car Insurer Metromile To Go Public Through Merger With INSU II
November 24, 2020

Digital auto insurer Metromile plans to go public by merging with publicly traded INSU II (Nasdaq: INAQ), a special purpose acquisition entity sponsored by Cohen & Company (NYSE: COHN). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Digital Bank HMBradley Raises $18.25M To Accelerate Credit Program
November 24, 2020

Digital banking platform HMBradley announced on Tuesday (Nov. 24) that it has raised $18.25 million in a Series A funding round to accelerate its credit program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Bain Capital Nets $800M For Business Impact Funding
November 22, 2020

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. Get the Full Story Complete the form...

Investments
Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform
November 20, 2020

Investors just delivered another $90 million into the coffers of Loadsmart, a digital freight startup, the company announced Friday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal
November 20, 2020

African FinTech Chipper Cash has landed a whale of an investor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

IPO
Discount eCommerce Platform Wish Files $1B IPO
November 20, 2020

Silicon Valley global eCommerce unicorn Wish has filed for a $1 billion initial public offering (IPO) on Nasdaq, according to a U.S. Securities and Exchange (SEC) filing on Friday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...