Investments

Investments
Investors Raise Billions To Invest In Later-Stage Companies
November 14, 2019

Later-stage tech startups are getting cash infusions from big investors eager to make deals, The Financial Times (FT) reported on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
UK’s Plum Raises $3M To Grow AI-Powered Finance App
November 14, 2019

Plum, an artificial intelligence (AI)-driven money management tool, announced that it has raised $3 million in additional funding that will be used toward growth goals including the company’s European expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Africa’s PalmPay Debuts In Nigeria On Heels Of $40M Funding
November 14, 2019

After a $40 million Seed funding round, payment startup PalmPay has officially launched in Nigeria. 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
DoorDash Adds Another $100M To $2B Coffer
November 13, 2019

Delivery startup DoorDash, which is backed by investing giants like SoftBank Group and Sequoia Capital, has received an investment of $100 million, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Alibaba Files For Secondary $13.4B Listing In Hong Kong
November 13, 2019

China’s Alibaba Group has unveiled a secondary listing plan in Hong Kong dubbed “Project Tangerine” in an effort to raise about $13 billion, The Wall Street Journal reported on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Australia’s Afterpay Lands $200M From US Tech Investor Coatue
November 13, 2019

Australian buy-now, pay-later platform Afterpay Touch notched $200 million from U.S. technology investor Coatue Management, Afterpay announced in a press release on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Chinese EV Startup XPeng Reaches $4B Valuation With $400M Fundraise
November 12, 2019

Alibaba-backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday (Nov. 12), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Loop Raises $10M To Enhance eCommerce Returns Process
November 12, 2019

Ohio-based startup Loop closed a $10 million Series A funding round led by FirstMark Capital with participation by Lerer Hippeau and Ridge Ventures, Loop said in a press release on Tuesday (Nov. 12). Get the Full Story Complete the form to unlock this article and...

Investments
Visa To Invest $200M In Nigerian FinTech Interswitch
November 12, 2019

Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake in the firm, SkyNews reported on Sunday (Nov. 10), citing a source. Get the Full Story Complete the form to...