Investments

IPO
FirstCaribbean Wants $100M In US IPO
April 02, 2018

FirstCaribbean International Bank is planning to raise $100 million through its initial public offering (IPO) in the U.S., reports in Seeking Alpha said late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Credit Karma Now Valued At $4B Thanks To $500M Funding Boost
March 29, 2018

As Credit Karma seeks to move beyond credit reports and become a financial assistant, the company said on Wednesday (March 28) that Silver Lake bought equity in the company. The fund invested $500 million in Credit Karma, which has been around for more than a...

Investments
SoftBank Might Invest $1B In China’s Manbang Group
March 27, 2018

Japan’s SoftBank might be looking to invest $1 billion in Chinese truck-hailing company Manbang Group. 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,...

IPO
Zuora Files To Raise $100 Million In US
March 23, 2018

Zuora is gearing up for a U.S. initial public offering (IPO), according to documents with filed with the U.S. Securities and Exchange Commission. The subscription platform is seeking to raise $100 million through the sale of Class A shares, Seeking Alpha reported. Get the Full...

Investments
JD’s Finance Arm Seeks Fresh Funding
March 16, 2018

In an effort to deepen its push into securities, banking and insurance, JD.com’s finance arm is seeking to raise ¥12 billion — or $1.9 billion — in equity. If successful, the unit could be worth more than $20 billion, CNBC reported. Get the Full Story...

IPO
Spotify To Begin Trading On April 3
March 16, 2018

It’s official: Spotify will begin trading on the New York Stock Exchange (NYSE) on April 3. 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...

Investments
Chinese Investors Want To Invest In Tech IPOs
March 15, 2018

A new survey by Shenzhen Stock Exchange reveals that most Chinese investors, who expect the government to roll back some of its rules on initial public offerings (IPOs) for tech companies, want to be able to invest in domestic companies’ IPOs. Get the Full Story...

IPO
Dropbox Dropped Valuation Shows Unicorns Reining in Horns
March 14, 2018

The unicorn is a mythical beast. Where magic abounds. 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, PYMNTS Today. By completing this form, you...

Investments
Ant Financial Buys 45 Percent Stake In Telenor Microfinance Bank
March 14, 2018

Telenor Group announced news on Tuesday (March 13) that it made a strategic partnership with Ant Financial Services Group in which Ant acquires a 45 percent stake in Telenor Microfinance Bank, a unit of Telenor Group. Get the Full Story Complete the form to unlock...