Investments

IPO
Pinterest Hires New CFO Out Of Twitter, IPO Rumors Percolate
October 05, 2016

Is Pinterest getting ready for an IPO? 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 agree...

Can Optimove Change The Apathetic CRM Space?
October 05, 2016

The CRM space has been spiritless for a while, but technologies such as machine learning and artificial intelligence are poised to inject some life. Optimove has just raised $20 million in funding and hopes to make an impact after a move to the U.S. market....

Investments
Remitly Raises $38 Million, Expanding Into Seven Countries
October 05, 2016

Remitly, the independent mobile remittance company based in the United States, announced on Tuesday (Oct. 4) it received $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will help the company expand its...

Investments
iwoca Raises £21 Million From Prime Ventures, Existing Investors
October 05, 2016

Iwoca, a London-based FinTech startup, has reportedly raised £21 million from Prime Ventures and existing investors Acton Capital Partners, CommerzVentures, Global Founders Capital and Redline Capital. The startup, founded in 2011, has also secured a £25 million debt facility with bank Shawbrook. Get the Full...

Dog-Sitting Platform Rover Readies For IPO
October 04, 2016

People love dogs. Not all people, but a lot of people. 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...

Investments
Home Chef Bags $40M
October 03, 2016

Given the struggles on-demand food delivery services have had this year, it is something of a welcome change of pace to report that Home Chef has closed a $40 million funding round that it will use to expand. The round was led by private equity firm L...

Fintech Investments
Carbon Black Privately Files For IPO
October 03, 2016

An uptick in technology IPOs is expected after recent cyber security attacks have followed a period of dearth in technology investment. Carbon Black, Inc. privately filed with the SEC with Morgan Stanley and J.P. Morgan Chase as lead investors.

Investments
Cosi Files For Bankruptcy
September 29, 2016

Though bankruptcies have become part of the standard, perhaps the biggest out-of-left-field default is coming out of Cosi, the flatbread sandwich maker and QSR staple of the last decade. According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its...

MoneyFarm Receives Backing From Allianz Ventures
September 27, 2016

MoneyFarm is making its mark in the digital wealth management market. After a move into the U.K. market earlier in 2016, the company has just received funding from Allianz Ventures and plans to capitalize on Allianz’s resources and experience.