Investments

Investments
WeTrade Platform’s Nasdaq Transfer From OTC Could Raise $121 Million
January 20, 2021

The Chinese eCommerce services startup WeTrade Group is looking to raise about $121 million in its transfer from the OTC board to Nasdaq, according to the S-1 filed with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock...

Investments
Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
January 19, 2021

Southern California-based electric truck maker Rivian closed a $2.65 billion investment round led by funds and accounts advised by T. Rowe Price, with participation from Fidelity Management and Research, Amazon’s Climate Pledge Fund, Coatue, D1 Capital Partners, and other existing and new investors. Get the Full...

Investments
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Indian Delivery Platform Dunzo Raises $40 Million In Round Led By Google, Lightbox
January 19, 2021

India-based delivery startup Dunzo is closing a $40 million Series E funding round led by Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, Alteria, and others, Dunzo said in a statement on Tuesday (Jan. 19), per YourStory.  Get the Full Story Complete the form...

Investments
FinTech PPRO Raises $180 Million, Hits Unicorn Status
January 19, 2021

London-based payments infrastructure provider PPRO has pulled in new investment amounting to more than $180 million that raises the company’s value above $1 billion, according to a Tuesday (Jan. 19) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept. 18), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Travel App Maps.me Notches $50 Million For Multi-Currency Wallet
January 18, 2021

Offline travel app Maps.me has raised $50 million in a funding round led by Alameda Research, joined by new investors cryptocurrency lender Genesis Capital and crypto firm CMS Holdings, according to a Monday (Jan. 18) announcement, Coindesk reported. Get the Full Story Complete the form to unlock...

Investments
UBS Eyes $400 Million Investment In India’s Paytm
January 17, 2021

UBS Group might be investing $400 million in India’s Paytm, which is owned by Ant Group, according to a report from Tech in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
January 17, 2021

British delivery power-house Deliveroo said Sunday (Jan. 17) in an announcement that it has raised $180 million in new investments, which push its valuation to $7 billion and come in advance of what the company stated is a “potential initial public offering” (IPO). Get the...