Investments

Investments
Toyota Backs Chinese Autonomous Driving Startup Pony.ai With $400M
February 26, 2020

Toyota has backed Chinese firm Pony.ai with a $400 million investment, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Investments
Wells Fargo Invests In AR FinTech DadeSystems With Series D Round
February 26, 2020

Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round. 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
Coronavirus Decimates US Stock Market $1.7T In 48 Hours
February 26, 2020

The U.S. stock market is spiraling downward, with the S&P 500 losing $1.737 trillion during a massive sell-off prompted by mounting fears over the coronavirus, according to multiple reports on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
VC Interest In Food Delivery And AgriTech Declines
February 25, 2020

Investment in food technology and agriculture services around the world dropped almost 5 percent in 2019, showing that investment firms are paying less attention to the sector amid a pullback, according to a report by the Financial Times.  Get the Full Story Complete the form...

Investments
Kraft Heinz Venture Arm Lends A Helping Hand To Fabric’s Series B Round
February 25, 2020

U.S.-Israeli startup Fabric has a new investor in Evolv Ventures for its Series B round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Investments
Revolut Raises $500M, Aims For Profits In 2020
February 24, 2020

After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
SoftBank’s Second Vision Fund Invests In Two Companies
February 24, 2020

SoftBank’s second Vision Fund has invested in two companies, artificial intelligence company Behavox and healthcare-facing company Karius, according to Reuters. 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
Largest U.S. Pizza Hut Franchisee Could Choose Bankruptcy
February 21, 2020

The largest franchisee of U.S. pizza chain Pizza Hut is reportedly considering options in the wake of financial woes, including bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Asian Food Delivery Firm HungryPanda Raises $20M
February 20, 2020

Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...