Investments

Investments
N26 Eyes Valuation Of $10B Or More In Funding Talks
July 14, 2021

German digital bank N26 is in fundraising talks that could value the FinTech between $8 billion and $11 billion, but likely around $10 billion, Bloomberg reported, citing “people familiar with the matter.” Get the Full Story Complete the form to unlock this article and enjoy...

Investments
India’s Food-Delivery Startup Zomato Nets $562.3M Ahead Of IPO
July 13, 2021

Zomato, an Indian food delivery startup, has raised $562.3 million from investors, TechCrunch reported. 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...

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UK FinTech Tide Closes $100M Funding Deal At $650M Valuation
July 12, 2021

U.K. FinTech Tide raised $100 million in an oversubscribed Series C funding round that gives the startup a post-money valuation topping $650 million. The funding was led by Apax Digital Fund, with participation by existing investors Anthemis, Augmentum, Jigsaw, Local Globe / Latitude, SBI, and...

Investments
Peloton Rival Echelon Fitness Eyes Strategies To Hit $1B Valuation
July 11, 2021

Echelon Fitness, backed by Goldman Sachs, will be looking into a host of strategic alternatives that might value it at more than $1 billion, a report from Bloomberg says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Bolt Seeks $300M+ In Next Fundraising Round
July 09, 2021

Bolt Financial Inc., hopes to raise at least $300 million in fresh capital in its next fund-raising round, sources told Bloomberg. 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...

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SoftBank Looks To Back India’s Biggest Digital Pharmacy Chain
July 09, 2021

SoftBank Group is in talks to back API Holdings, parent company to PharmEasy, the biggest digital drugstore chain in India, Bloomberg reported on Friday (July 9), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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SoftBank Acquiring 10 Pct Stake In South Korea’s Yanolja Before US IPO
July 09, 2021

Japanese technology conglomerate SoftBank is in the midst of discussions to acquire a 10 percent stake in South Korean travel booking platform Yanolja ahead of the startup’s U.S. public listing, the Financial Times reported on Friday (July 9), citing sources. Get the Full Story Complete the form...

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This Year Outpaces Last With Record Unicorns Amid Escalating Valuations
July 08, 2021

The second quarter of this year has seen a record number of unicorns — startups with valuations topping $1 billion — with venture capitalists investing an increasing amount of money following numerous epic public listings in the U.S., the Financial Times (FT) reported on Thursday...

Investments
Cross River Bank Looking To Raise $200M From Investors
July 08, 2021

Cross River Bank is “in early discussions with prospective suitors about raising roughly $200 million,” an effort that could put the Fort Lee, N.J.-based lender’s valuation at $2.5 billion or more, according to a Bloomberg report. Get the Full Story Complete the form to unlock...