Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 trillion of orders for their part of its offering, which is taking place in both Hong Kong and Shanghai at the same time, The Wall Street Journal reported. Get...
At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. Get the Full Story Complete the form to unlock this article and...
Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this...
New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Jack Ma’s Ant Group broke records on Wednesday (Oct. 28), filing the biggest initial public offering (IPO) to date, with expectations of raising $34.4 billion on the Shanghai and Hong Kong stock exchanges, according to multiple reports. Get the Full Story Complete the form to...
Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the “broader tech ecosystem,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Airbnb has chosen to list its shares on the Nasdaq market, marking the index’s biggest listing since Facebook‘s $16 billion one in 2012, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ordermark, which provides online ordering solutions for restaurants, announced the close of a Series C funding round with $120 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As business surges amid the coronavirus, Indian eCommerce startup FreshToHome, which sells fresh fish, meat, chicken and vegetables, has pulled down $121 million in new financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...