Investments

IPO
TikTok Owner Eyes Listing Change To Dodge US Sanctions
July 31, 2020

With the Trump administration increasingly signaling that it may ban Chinese technology power-house ByteDance’s blockbuster app TikTok in the United States over concerns of Beijing spying through the program, the business is considering registering as a publicly traded company on exchanges in Shanghai or Hong...

IPO
Affirm Eyes Possible IPO That Could Value POS Lender At $10B
July 31, 2020

Point-of-sale lender Affirm’s initial public offering (IPO) could reach as much as $10 billion through work with Goldman Sachs, according to people familiar with the matter, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
AUTO1 Group Raises $300M To Ramp Up Retail Platform
July 30, 2020

Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Money Transfer Startup Remitly Nets $85M On $1.5B Valuation
July 30, 2020

Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Tempo And The Home Fitness Gold Rush
July 29, 2020

Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest as the pandemic shut down brick-and-mortar gyms. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Telemedicine Startup Draws $100M Investment From Humana
July 29, 2020

Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
TransferWise Valuation Reaches $5B
July 29, 2020

TransferWise, the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). Get the Full Story Complete the form to unlock this...

IPO
Rocket Mortgage Parent Plans $3.3B IPO
July 28, 2020

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Online Health Startup Ro Raises $200M On $1.5B Valuation
July 27, 2020

Online health startup Ro is valued at $1.5 billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...