Investments

Investments
SoftBank Continues LATAM Push, Courts Mexico Startups
August 09, 2019

Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a report by Reuters citing sources familiar with the matter. Get the Full Story Complete the form...

Investments
Uber Passed On Deal To Buy Caviar Before DoorDash
August 09, 2019

Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Wheels Up Takes Flight With $128M Raise
August 09, 2019

New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. 9). Get the Full Story Complete the form to unlock this article and...

Investments
SoftBank Invests $17M In Brazilian Used Car Seller Volanty
August 07, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 million) in funding, led by Japan’s SoftBank and Argentina’s Kaszek, Reuters reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
JPMC Makes ‘Strategic Investment’ In FreshBooks
August 07, 2019

After establishing itself as an accounting software platform for small businesses and self-employed professionals with paying customers in 160 countries, FreshBooks has announced that JPMorgan Chase & Co. has made a “strategic investment” in the company. FreshBooks aims to differentiate itself by creating easy-to-use accounting...

Investments
Post-Takeover, SMB Bank Penta Secures Latest Funding
August 07, 2019

About two years since launching its small business bank account service, challenger bank Penta announced new funding. 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...

Investments
Snapchat Parent Seeks Profits As It Raises $1B In Debt Securities
August 07, 2019

Snap, the money-losing parent company of Snapchat, is issuing $1 billion in convertible debt for working capital and future acquisitions, CNBC reported Tuesday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Cybersecurity Firm Cybereason Snags Another $200M From SoftBank
August 06, 2019

Cybereason has announced it has received a series of investments and commitments totaling $200 million by SoftBank Group Corp. and its affiliates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Ibotta Rewards Startup Gets Funding Infusion For Hiring, Expansion
August 06, 2019

Rewards company Ibotta announced it has closed a series D funding round led by Koch Industries subsidiary Koch Disruptive Technologies, bringing Ibotta to a $1 billion valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...