Investments

Investments
ClassPass Raises $85M In Venture Funding
July 25, 2018

ClassPass, the fitness membership service, announced on Wednesday (July 25) it raised $85 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 to our...

IPO
Sonos IPO To Reach $264M
July 24, 2018

Wireless speaker pioneer Sonos Inc. plans to raise as much as $264.1 million in its upcoming initial public offering. 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
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Pinterest Nearing $1B In Ad Rev; Eye 2019 IPO
July 23, 2018

Pinterest, the social media company, is nearing $1 billion in advertising revenue and is eyeing an initial public offering in the middle of next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
PayU Buys ZOOZ, Boosting Its Investments To More Than $350M
July 23, 2018

PayU, the online payment company owned by Naspers, announced Monday (July 23) the acquisition of payments technology platform ZOOZ. 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
Theranos Investors Opt To Settle With Little Left
July 23, 2018

Investors have decided to settle a lawsuit with Theranos and founder Elizabeth Holmes, aiming to get whatever they can from the struggling blood testing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
First Cannabis Company To Go Public Raises $153M
July 20, 2018

Tilray, the first cannabis company to conduct an initial public offering on a U.S. exchange, closed up 32 percent. 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
Easy Come, Easy ICO Go? For Investors, Easy Come … For Now
July 20, 2018

Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. But as research from Boston College shows, returns are still positive, staggeringly so, as Hugo Benedetti, PhD candidate and the paper’s...

Investments
Even Snaps Up $40M In Funding
July 19, 2018

For the more than 170 million Americans who live paycheck to paycheck — three-quarters of all American workers, according to a recent survey — the idea of better financial planning can seem a bit like wanting a pet unicorn. It would certainly be nice, and...