Investments

Investments
WeGift Raises £4M In Funding To Boost Expansion To US
June 28, 2019

Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the company’s board of directors. Additional high-profile investors included SAP.iO and Unilever Ventures, as well as...

Investments
Grab Raises Another $300M To Accelerate SE Asia Expansion
June 27, 2019

Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand to 30 countries by the end of next year. Get the Full Story Complete the form to unlock this article...

Investments
Funding Round Pushes Resale Site StockX To Unicorn Status
June 27, 2019

StockX, the world’s first “stock market of things,” announced that it has closed on a $110 million Series C funding round, leading it past a $1 billion annual GMV run rate in less than three years. Get the Full Story Complete the form to unlock...

Investments
Shopify Stock Drops After Analyst Concerns Over Competition
June 26, 2019

Shopify’s shares fell 8.9 percent on Tuesday (June 25), its biggest drop of the year. 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
KoinWorks Closes $12M In Series B Funding Round
June 26, 2019

KoinWorks announced that it has raised $12 million in a Series B funding round. The round was co-led by EV Growth and Quona Capital, with participation from existing investors. The funding will be used to expand the KoinWorks team and partnerships, as well as further...

Investments
Digital Manufacturing Platform Carbon Raises $260M
June 25, 2019

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Grab Backs UK Startup Splyt Technologies
June 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the technology, Grab users venturing beyond that region can make ride reservations and have...