Investments

Investments
Forbes Nears NYSE Listing After $200M Binance Investment
February 10, 2022

Digital publisher Forbes is inching closer to a New York Stock Exchange listing through a merger with special purpose acquisition company (SPAC) Magnum Opus Acquisition Limited after a $200 million investment by cryptocurrency exchange Binance, according to a CoinBase report Thursday (Feb. 10). Get the...

Investments
Germany’s Ada Health Series B Ends at $120M
February 10, 2022

Digital health company Ada Health has raised $30 million as part of an extension of its Series B round from last year, bringing the total funding to $120 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Spirits and Tech Startup Endless West Raises $60M in Series C
February 09, 2022

Spirits and tech startup Endless West announced Wednesday (Feb. 9) that it has raised $60 million in a Series C funding round, bringing its total investments to $95 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Egyptian Startup Thndr Raises $20M to Make Investing Available to the Underbanked
February 09, 2022

Thndr, a Cairo-based digital investment platform, announced a $20 million Series A investment Thursday (Feb. 9). 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...

Investments
NFT Creator Animoca’s Funding Round Nears $500M With KKR Involvement
February 09, 2022

Private equity company KKR & Co. is in talks to join the latest fundraising round for Hong Kong-based metaverse gaming company Animoca Brands Corp., bringing the effort near $500 million and the company’s pre-money valuation to $5 billion, insiders told Bloomberg Wednesday (Feb. 9). Get the...

Investments
Scandit Continues Global Expansion for Personalized Retail Experiences
February 09, 2022

Scandit, which develops augmented reality (AR) and mobile computer vision technologies, is tapping into the cameras on smart devices to interact with retail items and bring more personalized experiences to shoppers, according to a company announcement Wednesday (Feb. 9). Get the Full Story Complete the...

Investments
PayPal, Carlyle Put $100M to Expand German Digital Commerce Platform Shopware
February 08, 2022

Shopware announced Tuesday (Feb. 8) that it has raised $100 million in a funding round, with investments coming from PayPal and global investment firm Carlyle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Velodyne Lidar Shares Rise After Amazon Investment
February 08, 2022

Velodyne Lidar’s stock surged over 50% in extended-hours trading after the company reported that Amazon had made an investment, The Wall Street Journal reported Monday (Feb. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Hubpay Raises $20M and Unveils Cross-Border Digital Wallet
February 08, 2022

Middle East and North Africa-focused FinTech Hubpay on Tuesday (Feb. 8) announced it has closed a $20 million Series A fundraising round and has also launched a cross-border digital wallet with no-cost remittances to drive financial inclusion across the region. Get the Full Story Complete...