Story- and conversation-hosting website Reddit‘s valuation has surged to $6 billion with a $250 million investment the company announced on Monday (Feb. 8). “We decided that now was the right opportunity to make strategic investments in Reddit, including video, advertising, consumer products and expanding into...
Headless commerce technology provider Fabric landed $43 million in a Norwest Venture Partners-led Series A funding round, with additional participation from Sierra Ventures and Redpoint Ventures. The infusion will be used to speed up product development of its headless commerce platform, grow the Fabric workforce...
Mesh Payments, which works in corporate payment processing, has completed a financing round with $13 million, according to an emailed Tuesday (Feb. 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Getaway, a Brooklyn, New York-based company that leases tiny cabins in the woods, says it has raised $41.7 million in Series C funding and will use the capital to expand across the United States. In a news release announcing the investment, the company stated that...
Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Supply chain financing company Greensill Capital delayed a new round of fundraising by several months after increasing the amount it wants to raise, the Wall Street Journal reported, citing “people familiar with the matter.” Get the Full Story Complete the form to unlock this article...
It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted the attention of CBS MoneyWatch, which found that investors who borrowed money from Robinhood were nearly 14 times as likely...
The celebrity SPAC line-up just got a high-profile new player — a quite literal heavy-hitter. Former Yankees all-star third baseman Alex Rodriguez is throwing his hat into the SPAC market, with his Slam Corp. reportedly looking to raise $500 million in its initial public offering...
Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
