Investments

Investments
ClassWallet Raises $95 Million to Grow Purchasing and Reimbursement Platform
August 15, 2023

ClassWallet has raised $95 million to grow its digital wallet-based purchasing and reimbursement platform for public funds. 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...

Investments
Mastercard Investment Values MTN’s FinTech Group at $5.2 Billion
August 14, 2023

South African telecom MTN now counts Mastercard among its investors. 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 this form, you agree to...

Investments
Hive AI Seeks to Raise $200 Million at $4 Billion Valuation
August 11, 2023

Hive AI, a San Francisco-based software company that uses artificial intelligence (AI) to moderate digital content, is reportedly working to raise $200 million in a funding round, with a valuation of up to $4 billion. Get the Full Story Complete the form to unlock this...

Investments
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
August 10, 2023

Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of a potential initial public offering (IPO). Get the Full Story Complete the form to unlock...

Investments
Capital One Ventures Invests $25 Million in Luxury Travel Subscription Brand Inspirato
August 08, 2023

Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Novo Secures $125 Million Facility for New Working Capital Offering
August 03, 2023

Novo has launched a new offering to help small businesses access working capital. 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
37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its...
August 01, 2023

Picture an entrepreneur pitching their business to a panel of investors to convince them that their idea is worth 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....

Investments
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. 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...

Investments
GlossGenius Raises $28 Million for Beauty and Wellness Platform
July 27, 2023

GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...