Investments

Investments
FinTech Tipalti Lands $150M In Funding, $2B Valuation
October 06, 2020

Tipalti has hit the big time with $150 million in new funding and a valuation of $2 billion. That puts the San Mateo, California-based FinTech well into “unicorn” status, meaning it’s worth more than a $1 billion valuation. Get the Full Story Complete the form...

Investments
B2C Food Platform GrubMarket Nets $60M, Eyes IPO
October 05, 2020

GrubMarket, which supplies food to consumers and businesses, has raised $60 million in its Series D round, according to TechCrunch. 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
More Private Equity Managers Turning To NAV Credit Facilities
October 04, 2020

Private equity managers are turning to specialty borrowing facilities to make sure they can survive the coronavirus pandemic, the Financial Times (FT) reports, though this could pose its own new set of difficulties. Get the Full Story Complete the form to unlock this article and...

Investments
Greenbriar Equity Leads $500M Investment In Uber Freight
October 02, 2020

Greenbriar Equity Group L.P., a New York investment firm in the logistics sector, led a $500 million Series A preferred stock financing for Uber Freight, putting its value at $3.3 billion, Uber Technologies Inc. announced Friday (Oct. 2). Get the Full Story Complete the form...

Investments
D2C Telehealth Firm Hims Plans SPAC IPO
October 01, 2020

Hims, a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Mubadala Makes Second Major Investment In Reliance Industries
October 01, 2020

Mubadala Investment Co. has put more cash into Reliance Retail Ventures Ltd, a division of Reliance Industries Ltd. in India. 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
General Atlantic Pours More Cash Into Reliance Industries
October 01, 2020

General Atlantic, a New York-based global growth equity firm, announced it will invest 3,675 crore into RRVL, a subsidiary of Reliance Industries in Mumbai, India.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
September 30, 2020

Alternative investment firm Apollo Global Management Co-Founder Josh Harris said he thinks the trend of special purpose acquisition companies (SPACs) is not a flash in the pan, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
VTEX Says New Funding Puts Valuation At $1.7B
September 30, 2020

Online commerce platform VTEX completed a fund-raising round that puts its valuation at $1.7 billion, the company said in a news release Wednesday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...