Investments

IPO
Lyft Posts $911M In 2018 Losses
March 25, 2019

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in the run-up to an IPO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Naspers To Create, List New Internet Company To House Tencent Stake
March 25, 2019

Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will include all of its $134 billion stake in Tencent Holdings, the Chinese technology giant. Get the Full Story Complete the form to unlock...

IPO
Pinterest Files For IPO, Sets Stage For Mid-April Debut
March 25, 2019

Pinterest, the image-search company gearing up to go public via an initial public offering, filed its paperwork with the Securities and Exchange Commission late last week, setting the stage for it to become a publicly traded company by the middle of April. Get the Full...

IPO
Lyft Sells All IPO Shares, Could Boost Valuation
March 25, 2019

Lyft has sold all of its planned IPO shares, leading analysts to raise their target price for the ridesharing 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....

Investments
Abu Dhabi To Invest $272M In Tech Startups
March 24, 2019

Abu Dhabi said Sunday (March 24) that it will invest as much as $272 million to go toward technology startups, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Ex-Uber CEO Backs Freight Startup Kargo
March 22, 2019

The former CEO of Uber, Travis Kalanick, has invested in a trucking and logistics startup some are calling “Uber for trucks.” Kalanick, along with Sequoia Capital, participated in a $7.6 million funding round for Kargo, according to reports. Get the Full Story Complete the form...

IPO
Pinterest IPO Could Happen In Mid-April, Sooner Than Planned
March 22, 2019

Pinterest, the image search company, is now gearing up to launch its initial public offering in the middle part of April, earlier than it previously planned. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Issuer Processor Marqeta Raises $250M, Hits $1.8B Valuation
March 21, 2019

Payment platform Marqeta has raised $250 million in a series E funding round, on a valuation of about $1.9 billion, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Shared Home Equity Startup Point Raises $122M Series B
March 20, 2019

Point, a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series B funding round spearheaded by DAG Ventures and Prudential Financial, according to reports. Get the Full Story Complete the form to unlock this...