Business card and expense management upstart Ramp announced on Thursday (April 8) that it has raised $115 million in new funding and attained a valuation of $1.6 billion. According to a company news release, this makes Ramp the fastest-growing New York startup and the first...
Germany’s flying taxi startup Volocopter is looking to raise new capital as it ponders the possibility of going public via a special purpose acquisition company (SPAC), Reuters reported on Thursday (March 18). Get the Full Story Complete the form to unlock this article and enjoy...
In the first round of lockdowns in March 2020, the food service industry experienced a massive shakeup. As consumers stayed indoors, establishments closed up shop temporarily or permanently, and furloughs and layoffs became the norm. Meanwhile, amid the anxiety and grief, many consumers were looking...
The technology industry in the U.K. pulled in almost $8 billion in funding so far this year, following a record-breaking $15 billion in 2020, Financial Times (FT) reported on Tuesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy...
Audio-driven social media platform Swell announced its international launch ahead of the virtual SXSW festival, which runs March 16-20. 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...
Entrepreneurs started fewer new businesses in February following a January surge and a record startup environment in 2020, according to the latest U.S. Census Bureau report released on Wednesday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It’s not easy being bootstrapped in a world full of venture capital (VC)-backed players. 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...
Applications to start new U.S. businesses leaped in January, despite rising COVID-19 cases. Commerce Department data from last week indicated that new business applications surged 42.6 percent in the first month of the year, reaching a seasonally adjusted 492,133. In 2020, there were 4.3 million...
German eCommerce startup Berlin Brands Group (BBG) is embarking on a new plan to invest 250 million euros (about $302 million) into buying smaller companies, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
