Investments

IPO
Upstart, Billtrust, Bill.com Drag FinTech IPO Index to New Lows
May 13, 2022

In a week that saw two-thirds of its members falling 20% or more, the FinTech IPO Index fell to an all-time low, diving 27% for the week and extending its year-to-date loss to roughly 50%. Get the Full Story Complete the form to unlock this...

Investments
ApnaKlub Raises $10M Towards B2B Wholesale Platform Improvements
May 12, 2022

B2B wholesale platform ApnaKlub, which works with fast-moving consumer goods (FMCG), has raised $10 million in a funding round, the Economic Times of India wrote Thursday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
B2B Software VC Firm Elsewhere Announces $175M Fund
May 12, 2022

Venture capital firm Elsewhere Partners announced Thursday (May 12) it had closed Elsewhere Partners II, L.P., a $175 million fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
LatAm Payments and Banking Platform Dock Raises $110M
May 12, 2022

Dock, a payments and digital banking platform for Latin America, has raised $110 million in a funding round, which will go towards expanding internationally and adding new talent, a press release said. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
African Cybersecurity and Anti-Fraud Firm Identitypass Raises $2.8M in Seed Funding
May 12, 2022

Lagos-based cybersecurity and anti-fraud startup Identitypass has secured $2.8 million in seed funding that it will use to grow its suite of products and expand its platform into new regions, the company announced Thursday (May 12). Get the Full Story Complete the form to unlock...

Fintech Investments
Today in FinTech: Italy to Germany; London to Brazil; Legacy Meets FinTech
May 12, 2022

In today’s FinTech news, the Italian bank Nets is buying German point of sale firm orderbird, while London financial services firm Ebury signs a deal for the Brazilian FinTech Bexs. Plus, Checkout.com is acquiring the French digital identity verification startup ubble. Get the Full Story...

IPO
Instacart Preps for IPO as Consumers’ Shift to Pickup Threatens Aggregators’ Future
May 12, 2022

Now might not be the best time for Instacart to be entering the public market. After years of leadup, the grocery aggregator announced Thursday (May 12) a confidential filing with the Securities and Exchange Commission (SEC) for an initial public offering (IPO). Get the Full...

IPO
JD Technology’s IPO Delayed as Firm Waits on Regulators
May 12, 2022

JD Technology, the FinTech arm of Chinese eCommerce giant JD.com, is delaying its initial public offering as it continues to wait for government regulatory approval. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Crypto Banking Firm BVNK Raises $40M in Series A
May 12, 2022

South African crypto-to-fiat startup BVNK has raised $40 million in a Series A funding round, the company said on its website Thursday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...