Sources have revealed that long-standing private equity firm Bain Capital is trying to raise $1 billion to launch a new technology fund that the firm will use for buyouts and late-stage minority investments. The anonymous sources told CNBC that the fund — called Bain Capital...
Pico, a startup aimed at helping companies cull revenue from subscription models, has raised $4.5 million in a funding round led by Stripe and Precursor Ventures, according to a report. Bloomberg Beta, Village Global and Axel Springer Digital Ventures also participated in the round. Get...
Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, 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...
Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...
SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has raised $4 million in a Series A funding round, according to a report by TechCrunch. Get the Full Story Complete the form to...
Alibaba, the Chinese eCommerce giant, is reportedly mulling raising $20 billion in a second Hong Kong listing. Bloomberg, citing people familiar with the matter, said Alibaba is currently working with financial advisors on the offering. The company wants to file a listing application as early...
Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
PayJoy, the startup that enables people in emerging markets to purchase smartphones via installment payments and access cash loans, has raised $20 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of the biggest-name investors around, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy...