Sources are reporting that Snap Inc. — Snapchat’s parent company — has set a valuation for itself between $19.5 billion and $22.2 billion, as the message app company gets closer to its IPO. But some investors are wondering if the company is worth the valuation it’s seeking. Get...
Fika Ventures, a seed investor in startups, has secured $40 million for its first fund. According to a report, Fika is aiming to invest in enterprise companies that are in the seed stage. While Los Angeles’ tech scene, where Fika is based, is focused on eCommerce, digital...
Goodwater Capital, the new consumer technology venture firm, has released what is seen as the first deep dive of Snapchat’s business, saying that while a valuation of $25 billion may not seem like a stretch for Snapchat in an IPO, it is facing competitive headwinds...
While many might have been surprised by House of Fraser’s announcement that it was investing at least £35 million in Tandem, a U.K. startup that’s building an app-only bank, the department store’s chairman said the deal “is just one illustration of how we’ll deliver a...
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Over the last few years, Tesla has been slowly rolling out its autopilot capabilities through various vehicle updates via embedded technology. Through these investments, Tesla has provided a roadmap for other auto manufacturers. Get the Full Story Complete the form to unlock this article and...
Sometimes, it pays to be the other guy. 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...
Chicago-based fraud analytics startup Rippleshot recently announced it raised $2.6 million in venture capital funding from a number of contributors. The funding round was led by venture capital firm KDWC and saw participation from CMFG Ventures, the venture capital arm of CUNA Mutual Group. Get the...
Ant Financial, an Alibaba affiliate, is rumored to be looking to raise as much as $3 billion. This move would springboard the online financial firm into what The Information termed “an acquisition spree” that would bolster its global presence. Get the Full Story Complete the form...
