Investments

Investments
Nigeria’s Mobile Wallet Paga Snags $10M, Expands Cross-Border
September 07, 2018

Nigerian digital payments startup Paga has received $10 million in funding as it prepares to expand into other countries. CEO Tayo Oviosu announced at Disrupt San Francisco, according to reports, that the company is planning to release its payments product in Ethiopia, Mexico and the Philippines as it...

Investments
Money Transfer Co Monese Raises $60M For Global Expansion
September 06, 2018

Monese, the U.K. bank challenger, announced on Wednesday (Sept. 6) that it has secured $60 million in venture 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...

Investments
Messaging App LINE Eyes FinServ With $1.3B Fundraise
September 05, 2018

Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services (FinServ) business. LINE, the owner of Japan’s most popular messaging service, said on Tuesday (Sept. 4) that it will issue zero coupon convertible...

IPO
China’s Meituan Dianping Planning For IPO
September 03, 2018

China’s Meituan Dianping has set a price range for its upcoming initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SEC Wants Startup Investments To Be Open To Everyone
August 31, 2018

The Securities and Exchange Commission (SEC) wants to allow individuals to invest in private companies, including in-demand startups. 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...

Investments
Grab Battles Go-Jek, Invests $250M In Startups
August 30, 2018

Grab announced that it plans to invest $250 million in Indonesian startups over the next three years through its new innovation arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
‘Africa’s Stripe,’ Paystack, Snags $8M From Visa, Tencent, Stripe
August 29, 2018

Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

ZestMoney Raises $13.4M, Led By Xiaomi
August 28, 2018

ZestMoney, a FinTech startup out of India, recently landed a $13.4 million investment led by Xiaomi, the Chinese tech 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
Sallie Mae-Backed Deserve Snags $17M To Help Millennials Build Credit
August 28, 2018

FinTech startup Deserve announced it has raised $17 million in Series C funding. The company uses machine learning (ML) and alternative data to help 40 million college students and young adults — also known as Generation Z — in the U.S. to achieve financial independence through access...