Investments

Investments
Nokia Phone Licensee HMD Global Notches $230M In Funding
August 11, 2020

HMD Global, the exclusive licensee of the Nokia brand for tablets and smartphones, notched a $230 million investment from some of its leading strategic partners with the “first closing” of its current funding round. The funding would continue to propel the company’s strategic vision forward...

IPO
China’s Ucommune Changes Course On Planned US IPO
August 11, 2020

Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed on Monday (Aug. 10) with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Rocket Cos. Shares Rise 19 Pct On IPO Debut
August 06, 2020

It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s initial public offering (IPO) by more than $1 billion. Get the Full Story Complete the form to unlock this article...

IPO
Software Co BigCommerce IPO Soars 183 Pct
August 05, 2020

BigCommerce, which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. Get the Full Story Complete the form to...

Investments
Landlord Services Firm Zibo Nets $10.5M, Launches Banking And Payments Features
August 05, 2020

Zibo, which works to provide streamlined and accessible financial services for landlords, has raised $10.5 million in a seed round led by Canaan Partners, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Rocket Trims IPO 39 Pct From $3.3B To $2B After Investors Reject Valuation
August 05, 2020

Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg 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 to...

Investments
Volante Nets $35M To Expand Cloud Tech
August 05, 2020

Volante Technologies, which works in cloud payment processing, announced a $35 million growth equity funding round led by Wavecrest Growth Partners, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Deep Learning Tech Firm Syntiant Raises $35M In Series C
August 04, 2020

Voice-focused deep learning tech firm Syntiant has notched $35 million in a Series C funding round. Applied Ventures, LLC and M12, the venture fund of Microsoft, headed up in the financing, according to a Tuesday (August 4) announcement from Syntiant. Get the Full Story Complete the...

Investments
Japan’s Payments Firm Hey Nets Series E Funding Led By Bain Capital
August 04, 2020

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital, a press release says. 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...