Australian buy-now, pay-later platform Afterpay Touch notched $200 million from U.S. technology investor Coatue Management, Afterpay announced in a press release on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Alibaba-backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday (Nov. 12), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ohio-based startup Loop closed a $10 million Series A funding round led by FirstMark Capital with participation by Lerer Hippeau and Ridge Ventures, Loop said in a press release on Tuesday (Nov. 12). Get the Full Story Complete the form to unlock this article and...
Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake in the firm, SkyNews reported on Sunday (Nov. 10), citing a source. Get the Full Story Complete the form to...
Travis Kalanick, the former CEO of Uber who was ousted from the ridesharing company after a series of scandals, has offloaded about $500 million of Uber stock as a six-month lock-up period ended on Nov. 6, according to a report by the Financial Times. Get...
China is looking to coax tech listings, following a failed attempt with mainland investors, The Wall Street Journal (WSJ) reported on Thursday (Nov. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
CloudKitchens, the delivery startup founded by former Uber CEO Travis Kalanick, has received a $400 million investment from Saudi Arabia’s Public Investment Fund (PIF), according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...
FinTech startup Digits has announced the close of a $10.5 million Series A funding round, led by Benchmark. There was also participation from 72 angel investors in the funding, including founders and CEOs from companies like Box, GitHub, Tinder, Twitch, Stitch Fix, SoFi and others....
