Following regulatory approvals, Walgreens Boots Alliance said on Thursday (July 5) that the company completed an agreement to acquire a 40 percent stake of Sinopharm Holding GuoDa Drug Store. Walgreens received the stake in the Chinese pharmacy chain for a capital increase of approximately $416...
Cybersecurity firm ThetaRay has notched more than $30 million in a funding round, bringing its total fundraising to over $60 million. The company counts Bank Hapoalim, Jerusalem Venture Partners, General Electric, OurCrowd and SVB as investors, Reuters reported. Get the Full Story Complete the form...
Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments that track the industry. The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. Get the Full...
PaySend, the global payments company, announced on Tuesday (July 3) that it closed a $20 million funding round. 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...
Trax, the Singapore startup focused on the retail industry, raised $125 million in a new round of venture funding amid plans to go public via an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 billion this year through May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A restaurant chain focused on affordable, healthy food has earned a $5.3 million investment from some big-name investors, including Kimbal Musk, brother of Tesla CEO Elon Musk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China Merchants Group has partnered with London-based firm Centricus to launch a $15 billion technology investment fund to compete with the Vision Fund created by Japan’s SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Thousands of firms are born each year – all promising the next greatest advancement in managing money – but only a fraction of a...
