Six-year-old insurance technology firm Cover Genius has reportedly raised A$15 million ($10.7 million USD) in capital, including funds from King River Capital and Leap Capital, according to published reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
MercadoLibre, which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. Get the Full Story Complete the form to unlock...
WeWork Co-founder Adam Neumann, who left the flexible office-space company during its attempt to go public, has invested $30 million in Alfred Club, a startup that helps apartment building operators provide luxury services, Bloomberg News reported on Wednesday (Oct. 14). Get the Full Story Complete...
Mediterra Capital is expanding its portfolio with a big new investment that will give the top Turkish private equity firm a stake in the country’s fast-growing digital payments sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Silicon Valley carsharing startup Getaround won a $140 million Series E financing round led by PeopleFund, Getaround announced on Wednesday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Nuvemshop, a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The year 2020 was going to be a wild ride for London’s financial services firms even without COVID-19. After all, Brexit was set to move from a theoretical change to a concrete reality, changing the rules for financial services players all over the country as...
Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its share sale, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy...
Retailo, the Riyadh-based B2B eCommerce startup, has announced $2.3 million of funding in a pre-seed round to go toward boosting small to medium-sized businesses (SMBs) in the Middle East, according to a press release. Get the Full Story Complete the form to unlock this article...