According to reports in Bloomberg, anonymous sources have confirmed that MissFresh, a Chinese grocery delivery startup based in Beijing, is seeking additional funding as the economy and market appear to be trending downward in the country. MissFresh is backed by Tencent Holdings Ltd. and is...
U.S. self-driving company Cruise revealed that a U.S. national security panel has approved a $2.25 billion investment by Japan’s SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Netflix, a Wall Street favorite, is facing some uncertainty for the future with the loss of its most popular show, “The Office,” and impending changes to the streaming landscape, according to a report by CNBC. Get the Full Story Complete the form to unlock this...
French startup Joko announced that it has raised €1.6 million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Get the Full Story Complete the form to unlock this article...
To invest in companies within “key high-growth industries,” Sony is homing in on the world of investments in upstarts. The company has the goal of raising approximately $185 million or 20 billion JPY in a new tech startup fund, according to reports. Get the Full...
A logistics startup based out of Paris called Cubyn has raised about $13.5 million (€12 million) in a Series B funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To continue its growth, FinTech firm Kyash has reportedly notched $14 million in funding. The investment was co-led by Mitsubishi UFJ Capital and Goodwater Capital, which has backed FinTech upstarts such as Stash, Toss in Korea and Monzo, according to reports. Get the Full Story...
Ola Electric, part of India’s largest ride-hailing company, has raised $250 million from SoftBank in a Series B financing round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As part of a Series E round, cross-border payment application programming interface (API) company Currencycloud has raised approximately £32 million. The company’s technology is reportedly used by many FinTechs, among other companies, according to reports. Get the Full Story Complete the form to unlock this...
