Investments

IPO
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Reddit May Go Public in March Following IPO Filing
February 22, 2024

Social media platform Reddit has reportedly publicly filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). 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
Crisp Raises $50 Million to Grow CPG Data-Sharing Efforts
February 22, 2024

Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Zūm Rails Raises $7 Million to Expand Open Banking Offering
February 22, 2024

Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. 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...

Investments
Demand for AI Chips Drives Nvidia Value to $2 Trillion
February 22, 2024

Nvidia, the dominant player in the artificial intelligence (AI) chip market, has surged to a market value of $2 trillion, making it the third most valuable company in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Absa Says African FinTechs Should List IPOs on Local Exchanges
February 22, 2024

South Africa’s Absa Group has reportedly highlighted the opportunity for African FinTechs to consider public listings at home. 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
Spektr Raises $5.4 Million to Expand Automation-Led Compliance Solution
February 21, 2024

Spektr came out of stealth and announced it raised 5 million euros (about $5.4 million) in a seed round. 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
Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
February 21, 2024

Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. 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
Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
February 21, 2024

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...