Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. Get...
Indian digital payments provider PhonePe has paused its plans to go public. 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...
Rox, a startup developing artificial intelligence (AI) agents for sales functions, closed a funding round late last year that valued it at $1.2 billion, TechCrunch reported Thursday (March 12), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...
Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa (EMEA) region over the next five years. Get the Full Story Complete the form to unlock this article and enjoy...
Cryptio raised $45 million in a Series B funding round to continue growing its financial data transformation and enterprise resource planning (ERP) applications for regulated digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wednesday (March 11), citing unnamed sources. Get the Full Story Complete the form to unlock...
Japanese digital wallet provider PayPay announced late Wednesday (March 11) that it is pricing its U.S. initial public offering at $16 per share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Mind Robotics has raised $500 million to develop what it calls “AI-enabled” robotic systems. 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...
Robotic intelligence firm Rhoda AI emerged from stealth Tuesday (March 10) and announced it raised $450 million in a Series A 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...
