Investments

Investments
FinTech WeLab Considers $250M Funding Round for APAC Expansion
November 21, 2022

Hong Kong-based lending FinTech WeLab is reportedly considering a new funding round that could value the company at about $2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Klarna CEO Says Investors Too Focused on Here and Now
November 18, 2022

Sebastian Siemiatkowski, CEO of Swedish buy now, pay later (BNPL) firm Klarna, has expressed his frustration at the current global investment environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Huize’s 40% Rally Leads FinTech IPO Index into Shortened Holiday Week
November 18, 2022

Not everything was about crypto-land these past several days in the tech space.  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....

SPAC
SPAC Deal Values Digital Virgo at $513M
November 17, 2022

Digital Virgo Group, a French corporation that operates a digital monetization platform for the entertainment, sports and lifestyle sectors, announced it will list publicly on the Nasdaq stock exchange via a merger with special purpose acquisition company (SPAC) Goal Acquisitions. Get the Full Story Complete...

Fintech Investments
Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
November 16, 2022

For neobanks, the debit card is no longer going to be enough — not to brave the storm clouds gathering at this moment, and which will last a few years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UK FinTech Banked Raises $15M for US Expansion
November 15, 2022

U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand into international markets, make acquisitions and enhance its products.  Get the Full Story Complete the form to unlock this article...

Investments
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in new capital to help it make loans. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Report: Italian Bank Intesa to Sell Stake in Payments Firm Nexi
November 14, 2022

Italian bank Intesa Sanpaolo has reportedly announced it will sell its stake in the Italian payments firm Nexi while continuing its strategic relationship with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...