Investments

Investments
Stock Markets Ending June On A Good Note; Bank Stocks To Lead
June 30, 2017

With the month of June coming to an end, U.S. stocks were trading higher on Friday (June 30), with the S&P 500 rising 0.2 percent in midday trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Razer Invests In Asian Online Payment Firm To Boost Virtual Currency For Gamers
June 26, 2017

Gaming company Razer has invested nearly $20 million into Malaysia-based online payment firm MOL Global. 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...

Investments
American Express Puts Money Into Insurance Startup
June 21, 2017

American Express is venturing into the insurance space with its latest funding endeavor. 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....

Investments
UK’s PayBreak Completes £24.5 Million Funding Round
June 21, 2017

PayBreak, the U.K. FinTech focused on consumer finance, announced Tuesday (June 20) that it has completed a round of fundraising that resulted in it raising £24.5 million of equity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Travel Booking App FinalPrice Raises $4M
June 21, 2017

When consumers book travel accommodations today, it’s typical that the site with the lowest price is the one that sees gains in number of users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Chinese Investments Activity In FinTech, Payments Firms Increases Into May’s End
June 16, 2017

In activity seen through the very beginning of June, the latest period for which PYMNTS has data, the week that ended on June 9 saw a lag in activity with no reported transactions. But the previous week, which ended the month of May, saw $262.6...

IPO
SNAP Stocks Drop To IPO Price Of $17 After Lackluster Quarter
June 16, 2017

Fame is a fickle friend, and it seems that Snapchat may have reached the end of its run, if investor confidence is any measuring stick. Parent company Snap, Inc. saw shares dip back down to an IPO price of $17.00 after a brief surge to $29.44...

Investments
Fresh Funding In Hand, Danal Expanding Mobile Identity Presence
June 16, 2017

If financial backing is a vote of confidence in a firm’s strategic vision, Danal, the mobile identity and authentication company, has gotten two thumbs up. Danal announced Friday that it received investments via strategic funding from mobile operator Orange and Bangkok Bank. Get the Full Story...

Investments
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point boost becomes viewed through a rearview mirror: What might it all mean? Get the Full Story Complete the form to...