In a move that could bring in as much as $1 billion in funding, facial recognition firm Megvii is reportedly mulling an initial public offering (IPO). Sources, however, said that the idea is still in its beginning stages and the plan is not set in...
U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a new all-time high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Olo, a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Stocks in Mexico rose on the news that the country’s government would cut the tax rate for equity IPOs, and allow private pension funds the chance to invest in more instruments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Flytrex, a six-year-old Israeli startup, has raised $7.5 million in Series B financing, according to a report in VentureBeat. 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...
Grabango, the Silicon Valley startup, announced Monday (Jan. 7) that it raised $12 million in venture funding. 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...
Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot, a U.K. FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Investments on the part of China in U.S. technology startups are slowing down thanks to increased scrutiny on the part of the White House. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
