Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The investment funds will enable the Montreal-based startup to continue to deploy its patented solution in markets around the world, develop new...
Capital is finding its way into all sorts of funds and to all sorts of firms. Early-stage investments are mushrooming in size, and the competitive landscape is crowded, which makes prudent investing no easy task. Bain's Matt Harris, managing director, weighs in on the mindset...
Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source told Reuters that the additional funding comes from investors, including U.S. hedge fund Tiger Global Management and existing investors Coatue Management and Valiant...
Ant Financial, the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Snap, the maker of the disappearing SnapChat app, has been subpoenaed by the U.S. Justice Department and the Securities and Exchange Commission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SoftBank, the Japanese company, has received regulatory approval from the Tokyo Stock Exchange for the initial public offering (IPO) of its mobile unit, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Analytical Flavor Systems (AFS), the startup that uses artificial intelligence to predict good-tasting food, has raised $4 million in a round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a valuation of as high as $30 billion. Get the Full Story Complete the form to unlock this article and enjoy...
