Investments

Investments
European Mobility Platform Bolt Notches €100M Investment
May 26, 2020

With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed a €100m investment round. Naya Capital Management, the investment manager that Masroor Siddiqui started in 2012, made the investment, according...

Investments
With Startup Valuations Down, VC Firms Seek Deals
May 26, 2020

With valuations sinking, startups are becoming reticent to fundraise like normal. But venture capital firms, seeing the lower prices, are becoming more aggressive on buying amid the weak markets right now. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
IPOs On Deck As US Market Reopens
May 26, 2020

There could be a rush of initial public offerings (IPOs) due to stalled deals amid the coronavirus pandemic, according to a report in the Financial Times on Saturday (May 23).   Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April
May 22, 2020

Even amid the economic headwinds that are blowing on a global scale, some investors are finding opportunity in what are seen as longstanding or even permanent trends like the shift to digital commerce through mobile means. For example, Jio Platforms — India’s largest mobile commerce...

Investments
Grocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020

Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, sources told Bloomberg News. Get the Full Story Complete the form to unlock this article...

Investments
KKR Becomes Latest Investor In Jio Platforms
May 21, 2020

It seems everyone wants a piece of Jio Platforms, India’s largest mobile company. 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. By...

Investments
Tonal Seeks More Funding To Produce $3K Home Workout Stations
May 20, 2020

San Francisco-based Tonal — which offers a $2,995 exercise station with subscription-based workouts — is looking for more funding as the COVID-19 crisis upends the world of exercise. As PYMNTS has reported, the pandemic has created new opportunities for the exercise equipment industry. Get the...

IPO
Is Peet’s IPO Poised To Percolate?
May 20, 2020

Yes, we all like coffee.  It may be among the basic things getting us through the pandemic and working from home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in a statement on Tuesday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...