Investments

Investments
Youth-Focused Finance Platform Step Raises $300M
October 11, 2022

Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Tiger Global Looks to Raise $6B for New Fund to Invest in Startups
October 06, 2022

Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Sightline Invests $300M to Upgrade Slot Machines to Cashless
October 06, 2022

Sightline Payments will invest up to $300 million to bring cashless gaming to slot machines across the United States. 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...

Investments
Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
October 04, 2022

Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Grover Agrees to $260M Debt Financing Facility With M&G
September 28, 2022

Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Payments Startup Satispay Raises €320M, Is Italy’s Newest Unicorn
September 28, 2022

Payments startup Satispay raised 320 million euros ($306 million) in a Series D funding round that boosted its valuation to 1 billion euros, making it the latest FinTech unicorn among Italy’s few. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Strike Raises $80M to Grow Its Bitcoin-Based Payment Network
September 27, 2022

Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing partnerships and launch new partnerships. Get the Full Story Complete the form to unlock this...

Investments
Report: India’s BigBasket Looks to Raise Funds Toward $3B Valuation
September 27, 2022

Indian grocery delivery service BigBasket has launched a new funding round that could bring the company’s valuation to $3.5 billion. 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
Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 
September 26, 2022

Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....