Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber in the region, is in the midst of a Series H funding round. The two companies plan to collaborate on providing pliable financial...
SoftBank’s Vision Fund teamed up with Alibaba to lead a $1.1 billion funding round for Indonesian eCommerce site Tokopedia, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2 billion, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood, savings account with Acorns or loan repayment details with LendingClub....
Online auto retailer Vroom has announced a $146 million Series G funding round led by AutoNation. L Catterton, General Catalyst Partners, Fraser McCombs Capital and individual investors also participated in the round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
ParkJockey, a fully integrated parking technology solutions provider, has announced an investment from the SoftBank Group, bringing its valuation to more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
South Korean company Viva Republica, which is behind the payment app Toss, has become the country’s fourth unicorn startup after raising an $80 million funding round at a valuation of $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy...
After a tumultuous week, SoftBank will release shares of its initial public offering (IPO) at about $13.25 a share (¥1,500) and raise an estimated $23.5 billion (¥2.65tn), according to a report from Financial Times. Get the Full Story Complete the form to unlock this article...