Investments

Investments
Sun Basket Raises $9 Million In VC Funding To Boost Marketing
May 12, 2017

Sun Basket, the meal kit startup company that is focused on healthy recipes and organic ingredients, raised $9 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
PayU Invests €110M In Kreditech; Becomes Minority Investor
May 11, 2017

Kreditech, the online lender in Germany, has reportedly landed a €110 million investment from online payment processor PayU. 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
IPOs Get Push, But Not From Big Tech Outfits
May 08, 2017

Initial public offerings, or IPOs for short, may be making a comeback, but to call it a comeback necessitates IPOs viewed through a narrow lens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Slight Downside To Payments Stocks As Q1 2017 Earnings Reports Continue
May 08, 2017

For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. The biggest decline came from Cardtronics, as the firm’s stock lost nearly 15 percent. The ATM operator saw its first leg...

Investments
Ant Financial Close To $3.5B Loan As Part Of MoneyGram Deal
May 05, 2017

Ant Financial, the Chinese financial unit of China’s eCommerce giant Alibaba, is nearing a deal on a $3.5 billion loan as part of its purchase of MoneyGram International, the U.S. money transfer company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fintech Investments
Dubai FinTech Set To Offer Gold-Backed Digital Currency
May 04, 2017

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Cars45.com Raises $5M In VC Funding To Improve Its Platform
May 02, 2017

Cars45.com, a used car startup in Nigeria, has raised $5 million in venture 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...

Investments
Airwallex Raises $13M In VC Funding Led By Tencent
May 02, 2017

Airwallex, the Australian cross-border payment company, has raised $13 million in venture 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....

IPO
Carvana Stock Falls Short On First Day Of IPO
May 01, 2017

Carvana Co., a leading eCommerce platform for buying used cars, saw its shares fall 16 percent on the first day of its initial public offering (IPO). According to Barron’s, the stock was down $2.33, or almost 16 percent, at $12.67, below its IPO price of $15....