Investments

Investments
FinTech IPO Index Stumbles Into Earnings Season With 3% Weekly Drop
July 15, 2022

For the FinTech IPO names, now comes the true test. 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 daily newsletter, PYMNTS Today. By completing this...

Investments
Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
July 14, 2022

Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday (July 14), citing unnamed people familiar with the talks. Get the Full Story Complete the...

Investments
Pod Foods Launches Financing Tool for Emerging Brands
July 14, 2022

Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital, according to a Thursday (July 14) company press release. Get the Full Story Complete the form to unlock this article...

Investments
Vehicle Financing Firm Moove Raises $20M
July 14, 2022

South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
UK Retirement Tech Firm Smart Raises $47M
July 14, 2022

Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...

Investments
India’s Mobile-First FinTech OneCard Nets $100M on $1.4B Valuation
July 13, 2022

FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Zazuu Raises $2M for African Remittance Platform
July 13, 2022

African money movement platform Zazuu has completed a $2 million fundraising round that will allow it to build a more robust remittance offering for residents living in the diaspora, Tech Nova reported Wednesday (July 13). Get the Full Story Complete the form to unlock this...

Investments
Citi Joins JP Morgan, S&P Global in Illuminate Financial VC Venture
July 13, 2022

Venture capital (VC) investment firm Illuminate Financial announced Wednesday (July 13) that it has entered a strategic relationship with Citi, who joins existing investors Jefferies, J.P. Morgan, Deutsche Börse Group and S&P Global as a limited partner in Illuminate Financial’s VC strategy. Get the Full...

Investments
Motive Partners Closes $2.5B Flagship Capital Fund
July 12, 2022

FinTech-focused private equity firm Motive Partners has closed its second flagship fund, Motive Capital Fund 2, totaling $2.54 billion in capital commitments for the fund and its related investment vehicles, according to a Tuesday (July 12) press release. Get the Full Story Complete the form...