Investments

Chinese P2P Lender Plans US IPO
October 19, 2016

A Chinese firm, Shanghai Paipaidai Financial Information Service Co., or Ppdai.com, has been aiming to list on public markets in the United States, The Wall Street Journal reported Tuesday (Oct. 18). That debut could come as early as the second half of 2017. The company...

Investments
Heal Raises Close To $27 Million To Expand House Call Doctors Service
October 19, 2016

Heal, the Santa Monica, CA startup that enables doctor house calls, has reportedly raised close to $27 million in additional funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
SMS Texting Startup Zipwhip Lands $9 Million In Funding
October 18, 2016

Zipwhip, the Seattle startup that enables companies to text customers from the internet, announced Monday (Oct. 17) it raised $9 million in Series B investment led by Voyager Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Misys Drops Its Valuation By £1 Billion
October 17, 2016

Fintech companies in Europe are retreating from IPOs in the post-Brexit aftermath. Many are wondering whether it is worth turning to public markets when interest rates are so low. Misys has cut its valuation by £1 billion.

Investments
Affirm Gets $100 Million Lending Facility From Morgan Stanley
October 17, 2016

Affirm, the company started by PayPal Cofounder Max Levchin to deliver financial products to consumers, announced last week it has obtained a $100 million lending facility from Morgan Stanley. On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to...

IPO
First Data: One Year After The IPO
October 17, 2016

First Data went public — for the second time — on October 15, 2016. Karen Webster thought it would be fun to catch up with Frank Bisignano, First Data’s CEO, to get his perspective on the first year in the glare of the public market...

Investments
Note Debacle Will Cost Samsung $5.3 Billion In Profit
October 14, 2016

There are many ways to quantify the costs of an error — with the massive failure of the Galaxy Note this week, Samsung will likely be learning about several of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Hooch App Raises A Glass To Raising $1.5M
October 13, 2016

Subscription-based drink startup Hooch is clinking glasses after raising $1.5 million from investors that included celebrities like Chris Burch, Russell Simmons and Shaun White. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Cybric Gets $6.3 Million In Seed Funding
October 07, 2016

Cybric, a provider of the only Continuous Security-as-a-Service platform, announced on Thursday (Oct. 6) it has closed $6.3 million in seed funding with Capstone Ventures and Petrillo Capital. Cybric will use this funding to launch its fully developed SaaS platform solution to the global marketplace....