Investments

Investments
Venture Fund Backing Already Tops 2021
October 13, 2022

Investors backed venture funds with more money so far this year than all of 2021, with a flurry of activity in recent months that offset a cooling period at the start of 2022 with the decline of tech stocks.  Get the Full Story Complete the...

Investments
TripActions Raises $300M to Expand Travel, Expense Management Platform
October 12, 2022

Travel and expense management platform TripActions has raised $300 million in a Series G round and said it will use the new funding to accelerate its global expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Airwallex Notches $100M to Foster Continuing Market Expansions
October 11, 2022

Global FinTech Airwallex raised an additional $100 million in a Series E extension funding round to help foster continuing international market expansions and support current strengths in powering payments and banking infrastructure. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Youth-Focused Finance Platform Step Raises $300M
October 11, 2022

Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Tiger Global Looks to Raise $6B for New Fund to Invest in Startups
October 06, 2022

Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Sightline Invests $300M to Upgrade Slot Machines to Cashless
October 06, 2022

Sightline Payments will invest up to $300 million to bring cashless gaming to slot machines across the United States. 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
Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
October 04, 2022

Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Grover Agrees to $260M Debt Financing Facility With M&G
September 28, 2022

Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Payments Startup Satispay Raises €320M, Is Italy’s Newest Unicorn
September 28, 2022

Payments startup Satispay raised 320 million euros ($306 million) in a Series D funding round that boosted its valuation to 1 billion euros, making it the latest FinTech unicorn among Italy’s few. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...