On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. Get the Full Story Complete the form to unlock this article...
The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of its private stock in tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the development of its corporate spend management platform in the Mexican market. Get the Full Story Complete the form to unlock...
Ernesta, a direct-to-consumer (D2C) custom rug company launched by three of the founders of Peloton — John Foley, Hisao Kushi and Yony Feng — has raised $25 million in a Series A round. Get the Full Story Complete the form to unlock this article and...
Yassir, a San Francisco-based company that operates an Algerian super app by the same name, on Monday (Nov. 7) announced the close of a $150 million Series B funding round to fuel its expansion across Africa and the Middle East. Get the Full Story Complete...
Friday’s rally, where the broader indices were up more than 1.1%, was not enough to salvage a rocky week, as earnings continue to dominate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...