Investments

Fintech Investments
Ex-SoFi CEO Raising $25M For His Next FinTech Move
January 02, 2018

Mike Cagney, the SoFi founder who was ousted from the company three months ago after allegations of sexual harassment, is already working on his next move. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Theranos Gets $100M Lifeline
December 27, 2017

Theranos, the struggling blood testing company based in Silicon Valley, has landed a $100 million loan from Fortress Investment 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....

Investments
Long Island Iced Tea Becomes Long Island Blockchain; Stock Surges 300 Percent
December 22, 2017

Need more evidence that the cryptocurrency craze is taking a page from the dotcom boom of the early 1990’s? Check out Long Island Iced Tea Corp., which saw its stock surge Thursday (Dec. 21) after changing its name to Long Blockchain Corp. Get the Full...

Investments
JPMC Hops On Robo-Advisor Bus
December 21, 2017

JPMorgan Chase is launching a lower-cost online investment management tool this week: the robo-adviser. 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...

Fintech Investments
SoftBank Plows $120M Into Alt Insurer Lemonade
December 20, 2017

Japanese tech giant SoftBank is leading a $120 million investment round in home insurance startup Lemonade. 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...

IPO
Stitch Fix Investors Fear The “Blue Apron Flu”
December 20, 2017

Stitch Fix had a tough day, with its first earnings report after its IPO sending its shares went into a tailspin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Chinese FinTech IPOs Don’t Dazzle Wall Street
December 18, 2017

Newly listed Chinese FinTech companies in the U.S. are struggling on Wall Street, leaving investors with unexpected losses and posing as a setback to other Chinese firms hoping to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Kasisto Lands $17M, Plans Expansion
December 14, 2017

Kasisto, the creator of KAI, the conversational artificial intelligence (AI) platform for finance, announced news on Wednesday (Dec. 13) that it raised $17 million in a Series B round of fundraising. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
PayPal, Accel Back Fraud Detection Startup, Simility
December 13, 2017

Simility, the fraud detection and risk management startup, has landed $17.5 million in 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 daily newsletter, PYMNTS...