Investments

Investments
Used Car Seller SouChe.com Raises $335M Led By Alibaba
November 02, 2017

SouChe.com, the Chinese car trading website, raised $335 million in venture capital funding, led by eCommerce giant Alibaba. 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...

Investments
Remitly Raises $115M Series D
November 01, 2017

Remitly, an independent digital remittance company, announced that it had agreed to raise up to $115 million in series D funding, according to Business Wire. PayU, a FinTech investment division of Naspers, will lead the investment round. Get the Full Story Complete the form to...

Investments
Corona’s Parent Company Gets Into Pot
October 31, 2017

Constellation Brands, a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation, the world’s largest publicly traded cannabis company. Get the Full Story Complete the form to unlock this article and...

Investments
Samsung And Ant Financial Eye AI With $40M Investment
October 25, 2017

Ant Financial, the financial arm of China’s Alibaba, and Samsung Group, the South Korean consumer electronics giant, led a $40 million fundraising round for DeePhi Tech, the Chinese artificial intelligence (AI) startup. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Hiya Grabs $18M To Make Caller ID Technology Smarter
October 20, 2017

Hiya, which was spun out by Whitepages a year ago, announced its first outside funding: a Series A of $18 million led by Balderton Capital, with participation from Nautilus Venture Partners and Lumia Capital. Get the Full Story Complete the form to unlock this article...

Investments
Tony Fadell Launches Firm To Invest In Future Device Tech
October 20, 2017

Investor, entrepreneur and former Apple exec Tony Fadell has unveiled his latest investment: a new investment and advisory firm called Future Shape that’s working with engineers and scientists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
BankBazaar Snags $30 Million Experian Investment
October 18, 2017

BankBazaar, an Indian company and digital credit marketplace, received $30 million in funding yesterday, according to a news report from TechCrunch. The investment comes primarily from British credit firm Experian, which has an $18 billion market cap. Get the Full Story Complete the form to...

Investments
Are ‘Unicorns’ Much Less Valuable Than We Think?
October 17, 2017

The valuations that have come out of Silicon Valley in the last few decades have been nothing if not eye-catching: $62.5 billion for Uber, $31 billion for Airbnb, Pinterest at $12.3 billion — you get the idea. And while those are the biggest unicorns —...

Investments
For International Property Buyers, U.S. Presents Stable Investment Opportunities
October 13, 2017

International investors are increasingly attracted to U.S. real estate — to the tune of $153 billion in 2016. The latest PYMNTS.com X-Border Receivables Report, in collaboration with Flywire, examines the uptick in international real estate activity with RE/MAX’s director of global development Gustavo Caricote. He...