Smart car tech startup ECARX said it is going public through a special purpose acquisition company merger that values the firm at $3.8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Growth capital funding startup Bloom Group S.A. raised 300 million pounds (roughly $376 million) to grow its business across Europe and become a leading provider of revenue-based lending for digital startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Car subscription platform FINN on closed a $110 million Series B fundraising round that it will use for continued growth across the U.S. and Europe, according to a Wednesday (May 25) press release. Get the Full Story Complete the form to unlock this article and...
RedBox, a smart parcel locker provider based in Saudi Arabia, has raised $5 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 required....
Corporate restatements reached a 15-year high last year as hundreds of special purpose acquisition companies (SPACs) were instructed to fix multiple rounds of pervasive accounting errors, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
TripActions is looking at a new round of funding with a higher value, highlighting the investor interest in travel tech companies as the industry recovers, according to Bloomberg on Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy...
Growth equity investment firm Updata Partners, which focuses on B2B software companies, on Tuesday (May 24) announced the close of Updata Partners VII, L.P., with capital commitments of more than $608 million. The round marked Updata’s largest fundraising effort to date and brought its all-time...
In today’s FinTech news, the AWS Healthcare Accelerator launches another health equity program. Plus, hotel reservations are being converted into NFTs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Zowie, maker of an AI (artificial intelligence)-powered chatbot for eCommerce companies, announced Tuesday (May 24) that it had raised $14 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
