Investments

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...

IPO
Platforms Drive 1.3% Gain in FinTech IPO Index to Start Q4
October 06, 2022

A week in, and October’s been a see-saw. Coming off the end of a dismal quarter and lurching toward the end of a dismal year, the FinTech IPO Index has managed, at least this past week, to notch a slight gain … to the tune...

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...

SPAC
$3.6B SPAC Merger Falls Apart for Blockchain Payments Startup Roxe
October 06, 2022

The public debut for blockchain payments startup Roxe has been scrapped after its special purpose acquisition company (SPAC) merger with Goldenstone Acquisition was mutually terminated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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 —...

IPO
FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
September 29, 2022

Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. 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...