Giant technology investor SoftBank has made its first foray into Africa, making its first bet in Nigerian mobile payments platform OPay. The firm’s Vision Fund 2 led a $400 million funding round for the FinTech company, valuing it at $2 billion, Bloomberg reported on Monday...
The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reports. Get the Full Story Complete the form to unlock this article...
Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
The global brokerage firm DriveWealth has wrapped a $450 million Series D, valuing the firm at $2.85 billion. 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...
D1 Brands, which buys Amazon’s Fulfillment by Amazon (FBA) brands, announced it has locked in $123 million in Series A financing in a round led by asset management firm CoVenture and venture capital firm Crossbeam Venture Partners. Get the Full Story Complete the form to...
Full-service mobile auto repair and maintenance firm RepairSmith on Thursday (Aug. 19) announced it has raised $42 million in a Series B funding round from investors, including TI Capital, Mercedes-Benz, Porsche Ventures and Spring Mountain Capital. Get the Full Story Complete the form to unlock...
Global pay provider CloudPay has raised $58 million in a new fundraising round, according to a press release. 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...
To help its mission of reinventing “everyday finance,” FinTech One has closed a $40 million Series B funding round, according to an announcement from One Founder and CEO Brian Hamilton. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...