Investments

Investments
Initialized Capital Management’s Fifth Fund Notches $230M For Startup VC
August 14, 2020

Initialized Capital Management has raised $230 million for Initialized V, the California venture firm’s fifth fund, which is geared toward backing early-stage companies, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Impossible Foods Closes $200M Funding Round
August 13, 2020

Impossible Foods, which specializes in non-meat-based alternative foods, has closed a funding round and come away with $200 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 —...

Investments
Report: ByteDance Seeks TikTok Investment From India’s Reliance
August 12, 2020

ByteDance, the parent of assailed video-sharing app TikTok, is working with India’s Reliance Industries in order to save the company’s Indian business via a financial investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
August 12, 2020

Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public before tough new federal disclosure rules go into effect. Get the Full Story Complete the form to unlock this article...

Investments
Mortgage, Loan Platform Blend Notches $75M In Funding At Valuation Close To $1.7B
August 12, 2020

Blend, the San Francisco-based digital mortgage and loan platform, announced it has secured $75 million in Series F funding. 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
The Great Digital Shift, BigCommerce – And The Lure Of (eCommerce) IPOs
August 12, 2020

To gain riches – go public or stay private and sell to a high bidder? 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,...

IPO
Intuit Offered $1.5B To Buy BigCommerce Before Its IPO
August 11, 2020

After BigCommerce‘s initial public offering (IPO) last week, the company has seen a massive uptick in its stock, which shot up over 200 percent. But before that, Intuit offered to buy the company for $1.5 billion, a proposal that was rejected, CNBC reported. Get the...

IPO
CuriosityStream Unveils Plans To Go Public Through Reverse Merger
August 11, 2020

CuriosityStream, a streaming service that produces documentaries on history, science and technology, is poised to become the latest company to go public through a merger with a special purpose acquisition company, or SPAC. Get the Full Story Complete the form to unlock this article and...

IPO
Report: Airbnb Eyes IPO Before Year’s End
August 11, 2020

Despite a 40 percent decrease in its valuation in three years, Airbnb Inc. is on track to go public in a move that would illustrate a bounce-back in the sinking homesharing sector. Get the Full Story Complete the form to unlock this article and enjoy...