Investments

Investments
Social Calendar App IRL Lands $16M In Series B Funding Round
September 22, 2020

IRL, or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Ant Group’s Planned IPO Could Raise A Record $35B
September 21, 2020

Ant Group, the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes public in the Hong Kong and Shanghai markets, sources told Bloomberg News. Get the Full Story Complete the form to...

Investments
Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation
September 18, 2020

Next Insurance, the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 billion, sources told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding
September 18, 2020

Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC reported. 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...

IPO
Mortgage Lender LoanDepot Looks Toward $15B IPO
September 17, 2020

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Affirm Raises $500M, Adds Bi-Weekly Plan
September 17, 2020

Affirm, a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. 17) in a press release, bringing its total funding raised to more than $1.3 billion. Get the Full Story Complete the form...

Investments
Tonal Raises $120M For Connected Fitness Growth
September 17, 2020

Tonal, a fitness company that sells what it calls “the smartest home gym,” announced on Thursday (Sept. 17) that it has raised $120 million in a second round of venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy...

Fintech Investments
Combined Value Of Visa, PayPal, Square And Mastercard Crests $1T
September 16, 2020

The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Snowflake’s Stock More Than Doubles Following IPO
September 16, 2020

Shares of Snowflake Inc. more than doubled on their first day of trading Wednesday (Sept. 16) as banks and investors embrace cloud-based payment solutions amid COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...