Investments

Investments
Lyft’s Slide Warns Of IPO Wild Rides
April 01, 2019

What goes up must come down. 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 completing this form, you agree to...

Investments
Mastercard Invests In Africa-Focused Unicorn Jumia
April 01, 2019

Mastercard will invest 50 million euros in Berlin-based Jumia Technologies, an online retailer focused on Africa, before its initial public offering in New York, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Airbnb Invests Up To $200M In India’s OYO Hotels & Homes
April 01, 2019

Airbnb, the home sharing company, said Monday (April 1) it is investing in OYO Hotels & Homes, the India-based hotel booking company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Lyft Shares Fall Below IPO Price In Second Day Of Trading
April 01, 2019

Lyft, the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April 1) trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
California Expects IPO Tax Windfall
April 01, 2019

California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fintech Investments
TransferWise Seeks To Raise Up To $300M
March 31, 2019

Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Lyft Shares Jump 20 Pct With IPO Debut
March 29, 2019

Lyft shares had a strong debut on Friday (March 29), trading at $87.24, which is 20 percent higher than its IPO price of $72, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
March 29, 2019

Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Lyft IPO Sets Price At $72 A Share
March 29, 2019

Lyft set the price for its initial public offering (IPO) of 32.5 million shares at $72 per share — valuing the company at more than $20 billion. According to CNBC, the company is expected to start trading on the Nasdaq exchange on Friday (March 29) under...