Markets are experiencing something similar to what happened in the late 1990s, when the fear of missing out caused investors to pump money into startups, which in turn, stimulated the economy to new heights. Get the Full Story Complete the form to unlock this article...
The valuation for FinTech startup Chime Financial Inc. has swelled to about $25 billion after a $750 million fundraising round led by new investor Sequoia Capital Global Equities that could set the company up for its initial public offering by next year, per reports on...
Argentine FinTech Ualá has reached a valuation of $2.45 billion following a $350 million infusion of new private funding, the SoftBank-backed company said Friday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Social media platform Reddit’s valuation is up to more than $10 billion as it works to raise as much as $700 million in a fundraising round led by Fidelity Management. The company has already brought in $410 million in its second round of fundraising this...
Hong Kong-based cross-border payments startup Currenxie says it’s ready to take on its first outside investors, starting with a $10 million Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Insurance app Jerry on Tuesday (Aug. 10) announced that it has completed a $75 million Series C funding round, pushing the company’s value to $450 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With its latest round of funding, sports merchandise company Fanatics Inc. has bolstered its valuation to $18 billion, according to a Tuesday (Aug. 10) report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With a combined 2020 valuation of $340 billion, venture capital (VC) firms are paying attention to the technology space in Southeast Asia, as experts forecast that the region and segment will grow threefold by 2025, CNBC reported on Monday (Aug. 9), citing data from Jungle...
London-based social bank Kroo recently raised 17.7 million pounds ($24.5 million) in Series A funding in a round led by Karlani Capital Founder Rudy Karsan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...