Large institutional investors are dumping bitcoin in favor of gold, analysts for J.P. Morgan Chase reported this week. The note from J.P. Morgan to its clients came as bitcoin hit five-month lows of about $30,000, Cointelegraph said. It’s a marked contrast from the bullish crypto...
Digital business platform Piano raised $88 million in funding led by existing investor Updata Partners, with additional capital from Rittenhouse Ventures and LinkedIn, according to a Piano press release on Tuesday (May 18). Get the Full Story Complete the form to unlock this article and...
On-demand pay company DailyPay has reeled in $175 million in venture capital and $325 million in credit from various sources, the company said. In a press release, DailyPay said it will expand the uses of its technology platform and seek new customers. The venture funding round...
Technology startup Amount has closed a Series D funding round of $100 million at a $1 billion valuation, giving it unicorn status, the company said in a press release on Tuesday (May 18). Get the Full Story Complete the form to unlock this article and...
Extend, which provides extended warranty and product protection plans for merchants and shoppers via application programming interface (API)-first offerings, unveiled a SoftBank Vision Fund 2-led $260 million Series C funding round, according to a Tuesday (May 18) announcement emailed to PYMNTS. Get the Full Story...
Canadian startup Framework Ventures — the biggest venture capital (VC) investing firm focusing on blockchain decentralized finance — raised $100 million for its second fund, Reuters reported on Friday (May 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Vietnamese flexible pay app developer Nano Technologies raised $3 million in pre-seed and seed funding during Silicon Valley’s Y Combinator Demo Day, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Banking-as-a-service (BaaS) startup Treasury Prime closed a $20 million Series B insider funding round that it will use to gain momentum in go-to-market programs and add more talent to expand its sales, marketing and engineering teams. Get the Full Story Complete the form to unlock this article...
Fashion platform Lyst has raised $85 million as it looks at its prospects for having an initial public offering (IPO) of stock. The funding comes on the heels of a banner year as the number of its users jumped to 150 million. Get the Full...
