Jacksonville, Florida-based sports apparel eCommerce retailer Fanatics recently closed a $1 billion venture capital round, according to news reports from Reuters. The funding round was led by Japanese multinational telecommunications provider SoftBank Group Corp’s Vision Fund and will see Fanatics valued at $4.5 billion. Get the...
The 1960s TV show “Lost in Space” featured a robot that would stand pat, robot arms akimbo, shouting in its robot voice, “Danger, Will Robinson, danger!” The filming was crude, the presentation abysmal, with the robot just a step or two up from tin cans...
Prodigy Finance, an online lender based in the U.K. that focuses on providing international student loans, has raised $240 million in venture capital equity funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Yunfeng Financial Group, co-founded by Alibaba’s Jack Ma, is making a $1.7-billion bid for the Hong Kong and Macau businesses of MassMutual, one of the oldest life insurers in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Warren Buffett’s Berkshire Hathaway gave the financial world something of a surprise yesterday with the news that the firm had built a $520 million stake in Synchrony Financial during the second quarter. Synchrony — once a unit of GE — is a market leader in issuing store-branded credit...
SoftBank, the technology investment firm, has invested $2.5 billion in a funding round for Flipkart, the India eCommerce shopping company, marking the largest private investment in the country’s consumer tech market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Coinbase has raised $100 million in a Series D funding round, giving the digital currency startup a post-money valuation of $1.6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Digital identity verification company Socure announced news this morning (Aug. 9) that it closed a Series B funding round for $13.9 million. The financing — from firms such as Synchrony Financial, Work-Bench, Flint Capital and Two Sigma Ventures — will be geared toward building scale, increasing...
Pro.com, a tech-centric general contractor with licenses in Washington and California, announced that it has raised $10 million in a growth financing round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
