Investments

Investments
Brex Hits $2B Valuation Two Years After Launch
May 30, 2019

San Francisco-based startup Brex is set to close on new funding at a valuation of more than $2 billion. 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...

Investments
Bain Capital Raising $1B Fund For Software, Cybersecurity
May 30, 2019

Sources have revealed that long-standing private equity firm Bain Capital is trying to raise $1 billion to launch a new technology fund that the firm will use for buyouts and late-stage minority investments. The anonymous sources told CNBC that the fund — called Bain Capital...

Investments
CRM Startup Pico Raises $4.5M In Stripe-Led Round
May 29, 2019

Pico, a startup aimed at helping companies cull revenue from subscription models, has raised $4.5 million in a funding round led by Stripe and Precursor Ventures, according to a report. Bloomberg Beta, Village Global and Axel Springer Digital Ventures also participated in the round. Get...

IPO
WeWork Looking For A $2.75B Line Of Credit Ahead Of IPO
May 29, 2019

New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...

Investments
SoFi Raises $500M, Valuation Remains $4.3B
May 29, 2019

Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Robinhood Nearing A Valuation Of At Least $7 Billion
May 29, 2019

Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fintech Investments
Sureswipe Acquisition Aims To Cash In On Card Machine Growth
May 29, 2019

A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. 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...

Investments
Upsie Raises $5M For Revamped Warranty Program
May 29, 2019

Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...

Investments
Startup Funding Automator SeedLegals Raises $4M
May 28, 2019

SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has raised $4 million in a Series A funding round, according to a report by TechCrunch. Get the Full Story Complete the form to...