Investments

Investments
Acorns’ Micro-Investment Video Game Startup Snags $7M
July 18, 2018

Video game startup Blast has raised another $7 million in funding. 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, PYMNTS Today. By completing...

Investments
Travel Firm Booking Invests $500M In Didi Chuxing
July 18, 2018

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. 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, PYMNTS...

Investments
Alibaba Food Delivery Service Seeks $2B For Expansion
July 17, 2018

Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on rival Meituan Dianping. According to Bloomberg, Ele.me wants to expand a business that’s burning enormous amounts of cash, according to anonymous sources. Get...

Investments
PayPal Leads Investment In PPRO
July 16, 2018

PPRO Group, a U.K. cross-border ePayment provider, announced on Monday (July 16) a $50 million round of investment led by PayPal. In a PayPal press release, the company said that in addition to its investment, Citi Ventures and returning investor HPE Growth Capital participated in...

Fintech Investments
Klarna Eyes Expansion, Banking Products As Next Areas Of Growth
July 16, 2018

Klarna — the Swedish FinTech that gives consumers 30 days to pay for their purchases, letting them return them before actually shelling out the money — is in expansion mode and is gearing up to launch its first banking product. Get the Full Story Complete the...

IPO
Blockchain Co R3 Eyes IPO
July 13, 2018

Sources are reporting that R3 — a blockchain-software company that works with big companies such as Intel, Microsoft, U.S. Bank and Wells Fargo — is considering going public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Paidy Raises $55M In Round Of Funding
July 12, 2018

Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55 million in a round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
JD Finance Raises $2B, Doubles Valuation Pre-IPO
July 11, 2018

JD.com’s finance unit has raised $1.96 billion in a new round of funding. 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, PYMNTS Today....

Investments
Secoo Gets $175M Investment From L Catterton Asia, JD.com
July 10, 2018

On Tuesday (July 10), L Catterton Asia, the Asian unit of consumer-focused private equity firm L Catterton, and Chinese retailer JD.com announced a strategic partnership with Secoo Holding Limited, one of Asia’s online integrated upscale products and services platforms. Through the partnership, L Catterton Asia...