The Depository Trust and Clearing Corporation (DTCC) is calling for stepping up the time it takes for security settlements to clear, the DTCC said in a press release on Wednesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Brazil’s RecargaPay has raised $70 million in a Series C funding round to expand its payments platform for consumers and small businesses. The funding round, led by IDC Ventures and Fuel Venture Capital, brings RecargaPay’s total funding to over $100 million. Other investors include Experian,...
Smart home tech company Plume raised $270 million in a Series E funding round, valuing the company at $1.35 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....
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Zomato, the foodtech unicorn, has raised another $250 million from both existing and new investors before a potential initial public offering (IPO) later this year, Mint reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
SPH Health Commerce, an online pharmacy and hospital in China, landed a 1.033 billion yuan ($159.7 million) Series B funding round led by Shanghai Biomedical Industrial Equity Investment Fund and JIC Investment. Get the Full Story Complete the form to unlock this article and enjoy...
Stripe is reportedly valued at $115 billion by investors in “secondary market” deals, according to a Forbes report, which noted that the amount is more than triple the $36 billion valuation the company garnered at the time of an April 2020 investment from venture firms....
Property technology firm Knock has raised $20 million to fund its growth and expansion plans, the company announced Thursday (Feb. 18), saying the funding round was led by Fifth Wall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Signet Partners, the venture capital arm of South Korean retailer Shinsegae Group, has invested an undisclosed amount in the Singaporean super app Grab, The Korea Herald reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...