Investments

IPO
Blank Check Companies Set Sights On Unicorns
June 23, 2020

Amid Wall Street’s gyrations and the search for the next great tech unicorn: 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, PYMNTS Today....

Investments
Cedar Raises $102M For Simplified Patient Medical Payments
June 22, 2020

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). Get the Full Story Complete the form to...

IPO
Cloud-based FI Software Provider nCino To Go Public
June 22, 2020

nCino, a cloud-based software provider for financial institutions (FIs), plans to go public, per a press release. 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...

India’s Morning Grocery Service Milkbasket Eyes Profitability In 2020, Raises $5.5M
June 22, 2020

Online grocery delivery service Milkbasket has landed $5.5 million in venture capital in a round led by Inflection Point Ventures. That brings the funding pulled in by Milkbasket to over $33 million. Get the Full Story Complete the form to unlock this article and enjoy...

DraftKings To Sell More Shares in $1.6B IPO
June 19, 2020

While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Palantir Notches $500M Ahead Of Potential IPO
June 19, 2020

In what is said to be one of the final investments prior to the trading of its shares publicly, Palantir Technologies Inc. notched $500 million in funding from Sompo Japan Nipponkoa Holdings Inc. The infusion reduces the need for the data firm, which Peter Thiel...

Investments
ID Verification Platform Payfone Raises $100M
June 19, 2020

ID verification firm Payfone has completed a $100 million funding round which the company says it will use for strengthening machine learning and building a new consortium to help secure digital transactions, the press release says. Get the Full Story Complete the form to unlock...

IPO
Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
June 18, 2020

Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S. Securities and Exchange Commission (SEC) filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Eastern Bank Readying For IPO
June 18, 2020

Boston-based Eastern Bank, the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. Get the Full Story Complete the form to unlock this article...