Investments

Investments
Walmart Pays $16B For A 77 Percent Stake In Flipkart
May 09, 2018

Walmart announced earlier on Wednesday (May 9) that it inked a deal to invest in Flipkart for $16 billion, giving the retailer a 77 percent stake in the India-based eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
SoundHound Raises $100M In A New Round Of Funding
May 03, 2018

SoundHound, a voice-enabled artificial intelligence (AI) and conversational intelligence technologies company, announced news on Thursday (May 3) that it has raised $100 million in new funding from a group of strategic investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Telegram Bags ICO
May 03, 2018

After bringing in $1.7 billion from private investors, messaging app Telegram has called off its public initial coin offering (ICO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fintech Investments
Baidu’s New Firm Gets $1.9B Investment To Compete In China’s FinTech Market
April 30, 2018

Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
China’s ‘Little Red Book’ Seeks $200M Investment
April 27, 2018

As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. According to people familiar with the matter, Xiaohongshu wants to raise at least $200 million at a valuation of over $2.5 billion, Business of Fashion reported....

IPO
EVO Files To Go Public
April 27, 2018

EVO Payments International announced that it has filed paperwork for an initial public offering (IPO). 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 daily newsletter,...

Investments
BigCommerce Raises $64M Led By Goldman Sachs
April 25, 2018

BigCommerce, the eCommerce platform for retailing brands, announced news on Wednesday (April 25) that it has closed a $64 million round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Bill Gurley: Silicon Valley Has Warmed To IPOs
April 24, 2018

With tech IPOs on the rise, Benchmark partner Bill Gurley has declared that “it’s cool to go public again.” 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...

Fintech Investments
Goldman Sachs Buys Personal Finance App Clarity Money
April 16, 2018

Goldman Sachs Bank USA announced Sunday (April 15) that it has acquired Clarity Money, the personal finance app, for an undisclosed sum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...