Investments

Investments
General Atlantic to Use $2B to Rekindle Interest in Indian, Southeast Asian Startups
May 22, 2022

General Atlantic, the global private equity firm, will put $2 billion into India and Southeast Asia in the next few years after declining valuations for startups made them more appealing, Reuters reported Sunday (May 22). Get the Full Story Complete the form to unlock this...

Investments
Auto FinTech Caribou Valued at $1.1B After $115M Funding Round
May 20, 2022

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company’s valuation is now $1.1 billion. Get the Full Story Complete the form to unlock this article...

Investments
FloorFound Nets $10.5M to Expand Its Recommerce Platform
May 19, 2022

Recommerce company FloorFound has gotten $10.5 million in Series A financing, a press release said  Thursday (May 19). 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...

Investments
Xendit Raises $300M to Grow Payments Platform
May 19, 2022

Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according to a Thursday (May 19) press release. The company plans to use the fresh capital to continue its expansion of...

Investments
BaaS Firm Unit Valued at $1.2B After Series C
May 19, 2022

Unit is now a unicorn. 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 form, you agree to receive...

Investments
BNPL B2B Firm Treyd Nets $10.5M to Launch in UK
May 18, 2022

Swedish buy now, pay later (BNPL) firm Treyd has raised $10.5 million in a Series A round, UKTN reported Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Retail Software SpotOn Nets $300M for Development
May 18, 2022

SpotOn, a software and payment company working with restaurants and retail businesses, announced Wednesday (May 18) that it has raised $300 million in a Series F round led by Dragoneer Investment Group. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Amex Ventures Invests in InsurTech Firm Trellis
May 18, 2022

Trellis, which is working to change how businesses and consumers engage with insurance, has received an investment from Amex Ventures, according to a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
May 18, 2022

In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing its music streaming and cryptocurrency divisions. Plus, gamblers using Hard Rock Sportsbook can now move money back and forth in...