Investments

Investments
FinTech N26 Mulls New Funding Round
October 12, 2020

Just months after a fundraising round that left the company’s value at $3.5 billion, Berlin-based FinTech N26 is exploring seeking additional investments in calendar 2021, Bloomberg reported Monday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Ant Group Reels In Small Investors As IPO Nears
October 12, 2020

FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding. Get the Full Story Complete the form to unlock this...

Investments
Razorpay Hits Unicorn Status Following $100M Series D
October 12, 2020

Indian startup Razorpay hit unicorn status after raising $100 million in a Series D funding round, the company said in a statement on Monday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Poland’s Allegro Triumphs As Stock Takes Off In Public Debut
October 12, 2020

Allegro’s initial public offering (IPO) on Monday (Oct. 12) was a huge success, with its brand-new stock reportedly surging in value by 50 percent. That makes it Europe’s biggest IPO of the year, with Allegro’s market value hitting $17.6 billion, Reuters reported. Poland-based Allegro’s website...

IPO
Report: Instacart Talks To Bankers About An IPO
October 11, 2020

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic
October 09, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get paid instantly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Consumer Need Fulfillment Co goPuff Nets $380M On A $3.9B Valuation
October 08, 2020

Philadelphia-based goPuff, which bills itself as a catch-all service to help people with everyday needs, has raised $380 million in funding, according to a report from FinSMEs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Affirm Submits Draft To SEC For IPO
October 08, 2020

Affirm has announced a filing for an initial public offering (IPO), according to a press release, and the company has submitted a draft to the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...