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...
London-based FinTechs landed a record amount of venture capital investment in the first half of 2021, according to a Thursday (July 8) announcement that cited research from Dealroom.co and London & Partners. FinTechs based in the U.K. capital raised $5.3 billion in VC investments between...
Here’s what we know. Nextdoor, a 13-year-old social network designed to digitally connect local community residents, is going public via a special purpose acquisition company (SPAC). As a result of choosing this “blank check” style of funding, all the metrics and measurements — such as daily...
The $235 million investment in recognition AI company AnyVision by SoftBank Vision Fund 2 as well as Eldridge and existing investors represents “one of the largest funding rounds in the visual intelligence space in western markets,” according to a joint announcement. Get the Full Story...
Business services startup Pleo raised $150 million led by Bain Capital Ventures and Thrive Capital, giving the company a $1.7 billion valuation, CNBC reported on Tuesday (July 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Payments and merchant commerce firm Pine Labs raised another $315 million in an ongoing funding round led by Fidelity Management and BlackRock, the company said in a blog post on Monday (July 6). Get the Full Story Complete the form to unlock this article and...
British banking and payments app Revolut is in “detailed” talks with giant technology investor SoftBank that contemplate an investment valuing the FinTech company at more than $30 billion, Sky News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With early sales data and consumer polling suggesting that the global digital food ordering market will continue to grow, even as consumers around the world begin returning to their public lives, investors are showing interest in the burgeoning category. In fact, funding for Czech grocery...
The drone delivery startup Zipline announced $250 million in new funding this week, bringing the company’s valuation to $2.75 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
