Investments

Investments
DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
February 24, 2021

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...

Investments
Brazil’s RecargaPay Raises $70 Million To Expand Payments App
February 24, 2021

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,...

Investments
Smart Home Platform Plume Raises $270 Million For Research, Growth
February 23, 2021

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....

Investments
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
February 23, 2021

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...

Investments
India’s FoodTech Zomato Nets $250 Million On A $5.4 Billion Valuation Ahead Of IPO
February 22, 2021

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...

Investments
China’s Digital Hospital SPH Notches $159.7 Million Series B
February 19, 2021

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...

Investments
Stripe Reportedly Gets $115 Billion Valuation From Investors
February 18, 2021

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....

Investments
Multifamily PropTech Platform Knock Raises $20 Million For Expansion
February 18, 2021

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...

Investments
South Korean Retail Giant Shinsegae Invests In Singapore’s Grab
February 18, 2021

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...