India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a $1.1 billion price tag, Reuters reported Friday (July 29). Get the Full Story Complete the form to unlock this article...
Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity fund that will back “projects with demonstrated traction from our portfolio and beyond,” according to a Thursday (July 28) company...
Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. 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...
Payments-as-a-service (PaaS) platform mx51 has secured $32.5 million in a Series B funding round, according to a press release on Thursday (July 28). The funding will be used to expand its global footprint as the startup works to help banks, acquirers and merchants stay up...
Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over 9.8 million euros ($10 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C funding round announced in February being earmarked to drive low-code technology as an accelerator for IT innovation. Get the Full...
Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
B2B marketplace and eCommerce payments platform Balance announced a $56 million Series B fundraising round Tuesday (July 26), bringing the company’s total funding to $87 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As European private equity (PE) funds adapt their strategies to the current climate of rising interest rates and a bear market, deals continue to pass the line despite a more cautious approach from investors and a longer-term exit vision. Get the Full Story Complete the...
