Chinese coffee company Luckin, a fast-growing startup that aims to replace Starbucks as China’s largest coffee giant, is looking to raise $586.5 million ahead of its IPO, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and...
Japanese capital group SoftBank has invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones. Businesses all across Mexico have adapted the technology as a simple and low-cost way to accept payment, according to Reuters. Get the...
Apple’s CEO Tim Cook has continued to make the argument that the Cupertino, California iPhone maker is a consumer company, not a tech one, pointing to Warren Buffett’s investment as evidence. In an interview with CNBC, Cook said famed investor Buffett understands that Apple is...
Bigbasket, the Indian online grocery store operator, raised $150 million in a fresh round of venture funding, valuing the company at more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It’s usually folly to predict what will interest historians in the future. But there’s a good case that when it comes to chronicles of the early 21st digital economy — and these years right now, these vital and exciting bridge years between the 2000s and...
In an age where companies of seemingly every stripe are coming public, SoftBank Group is reportedly mulling an initial public offering (IPO) of its $100 billion Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The first-ever U.S. bank-led cannabis equity offering isn’t doing well. In fact, shares of CannTrust Holdings fell as much as 14 percent in New York on Thursday (May 2), marking the sixth day of declines and the lowest level since January. Get the Full Story...
Payments solution company Checkout.com has raised $230 million in a recent fundraising round, a number that heightens its valuation to almost $2 billion, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Plum, a FinTech chatbot app created to help people manage money, has raised $4.5 million in a funding round, reaching a total of $6.3 million, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
