Investments

Investments
Argentine FinTech Ualá Attains $2.45B Valuation After Investment Round
August 13, 2021

Argentine FinTech Ualá has reached a valuation of $2.45 billion following a $350 million infusion of new private funding, the SoftBank-backed company said Friday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Reddit’s Value Surges To $10B Amid New Funding Round
August 12, 2021

Social media platform Reddit’s valuation is up to more than $10 billion as it works to raise as much as $700 million in a fundraising round led by Fidelity Management. The company has already brought in $410 million in its second round of fundraising this...

Investments
Hong Kong’s Currenxie Begins $10M Series A
August 12, 2021

Hong Kong-based cross-border payments startup Currenxie says it’s ready to take on its first outside investors, starting with a $10 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Jerry AI Insurance App Valued At $450M After $75M Series C
August 10, 2021

Insurance app Jerry on Tuesday (Aug. 10) announced that it has completed a $75 million Series C funding round, pushing the company’s value to $450 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Fanatics Sports Merch Company Triples Valuation Year Over Year
August 10, 2021

With its latest round of funding, sports merchandise company Fanatics Inc. has bolstered its valuation to $18 billion, according to a Tuesday (Aug. 10) report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
VC Firms Pivot To SE Asian Startups Forecasted For $1T Growth
August 09, 2021

With a combined 2020 valuation of $340 billion, venture capital (VC) firms are paying attention to the technology space in Southeast Asia, as experts forecast that the region and segment will grow threefold by 2025, CNBC reported on Monday (Aug. 9), citing data from Jungle...

Investments
London Social Bank Kroo Raises $24.5M Toward Launch
August 09, 2021

London-based social bank Kroo recently raised 17.7 million pounds ($24.5 million) in Series A funding in a round led by Karlani Capital Founder Rudy Karsan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
August 09, 2021

Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing initiatives for Uber drivers across the continent. Speedinvest and Left Lane Capital led the funding round, which also drew contributions...

Investments
PE Firms Pivot To Less Scrutiny-Prone Industries In China 
August 09, 2021

Semiconductors, automation, and renewable energy are just some of the industries private equity (PE) firms are looking into as the clampdown on web-based, customer-facing startups continues in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...