Paytm parent company One97 Communications has made a strategic investment in the travel software provider Infinity Transoft Solutions, Times of India reported Tuesday (Dec. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square Peg. Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the...
The first-ever Goldman Sachs Investor Day planned Jan. 29 won’t include rigid profit goals but instead will focus on growth strategy and transparency across its business sectors, The Financial Times reported on Sunday (Dec. 1), citing sources. Get the Full Story Complete the form to...
High-flying tech unicorns have been brought to earth. Venture capital dollars chase Neobanks and alternative credit companies. Commerce Ventures Founder Dan Rosen tells Karen Webster that the key to venture capital success lies not with disruptors, but with smaller tech enablers. These are smaller platforms and...
Silicon Valley’s Figure Technologies, co-founded by SoFi Founder Mike Cagney, has raised $103 million in a Series C funding round, reports said on Sunday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Short sellers have been betting against brick-and-mortar retailers ahead of the holiday shopping season. According to The Wall Street Journal, these investors have taken their most aggressive positions in recent months, with short positions against the SPDR S&P Retail fund hitting 441 percent of its...
Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days before its conditional banking license is set to expire on Tuesday (Dec. 3). A source told the Financial Times that...
Valuations are high. 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, PYMNTS Today. By completing this form, you agree to receive marketing communications...
Bangalore-based startup Bounce has raised roughly $150 million in a Series D funding round led by existing investors Eduardo Saverin’s B Capital and Accel Partners India, as reported on Wednesday (Nov. 27), citing two sources. Get the Full Story Complete the form to unlock this...
