Investments

Investments
Open Banking Co Token Receives $36.5M Investment
June 18, 2019

Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of bank BNP Paribas. Other investors include banks in the Middle East and Southeast Asia, according to a release by the...

IPO
Direct IPOs Fire Shot Across ‘Old Economy’ Bow
June 17, 2019

Call it direct-to-consumer — in a way. Headed into this week, Slack is set to offer up shares in an action that differs from the traditional initial public offering (IPO) listing process. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Ripple Drops $50M Into MoneyGram
June 17, 2019

In what could be one of the first investments by a crypto-based firm in a major U.S. firm that is publicly traded, Ripple Inc. has arranged to invest up to $50 million in MoneyGram International Inc. Ripple is the company behind the XRP digital currency,...

Investments
Arzooo Raises $1M To Expand In India
June 17, 2019

B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of funding. 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...

IPO
IPO Appetite Strong In Spite Of Uber And Lyft
June 16, 2019

Despite the disappointing performance of both Uber and Lyft, the initial public offering (IPO) market remains strong. 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...

IPO
Investor Appetite For Chewy IPO Shows eCommerce Has Bite
June 14, 2019

This week marked the debut of a few surging initial public offerings (IPOs), focused on commerce done by bits and bytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Fiverr’s IPO Bodes Well For (Some) Gig Economy Stocks
June 13, 2019

Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Get the Full Story Complete the...

Investments
Guided Tour Startup Stride Notches $2.5M In Funding By JetBlue, NFX
June 12, 2019

Stride, a startup that provides group travel packages and describes itself as offering “experiential multi-day and multi-destination packaged trips planned by experts,” has raised $2.5 million in a seed funding round from JetBlue Ventures and NFX, according to a report by TechCrunch. Get the Full...

IPO
Uber CEO Blames Trade War For IPO Struggles
June 12, 2019

Uber CEO Dara Khosrowshahi has blamed his company’s lackluster initial public offering (IPO) on U.S. trade tensions. 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...