Investments

Fintech Investments
Report: Finastra’s Treasury and Capital Markets Unit May Be Sold
September 18, 2024

Finastra’s Treasury and Capital Markets (TCM) unit reportedly may be offered for sale. 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
VC Firm Patron Raises $100 Million For Consumer Startups
September 17, 2024

Early-stage venture capital firm Patron says its second fund has raised $100 million. 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
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. 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
Rappi Expects to Be Ready for IPO in 12 Months
September 16, 2024

Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. 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
Insight Partners Prepares to Close $10 Billion Venture Capital Fund
September 15, 2024

Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. 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,...

Investments
World Labs Raises $230 Million to Build Spatially Intelligent AI
September 13, 2024

World Labs, a newly formed company, said Friday (Sept. 13) that it has raised $230 million to build large world models (LWMs) that “perceive, generate and interact with the 3D world.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform
September 13, 2024

Nirvana has raised $24.2 million in a Series A funding round to add more specialties to its platform that provides insurance verification and cost estimates to both healthcare providers and their patients. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
FinTech IPO Index Breaks Even Despite Volatile Trading Week
September 13, 2024

Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. Get the Full Story Complete the form to unlock...

Investments
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. 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...