Investments

Investments
Optimism Surrounding UK FinTech Sector Opportunities Masks Risk Of Overinvestment
August 16, 2021

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...

Investments
Chime Now Valued At $25B, Nearing Revolut’s $33B Valuation
August 13, 2021

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...

Investments
Argentine FinTech Ualá Attains $2.45B Valuation After Investment Round
August 13, 2021

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...

Investments
Reddit’s Value Surges To $10B Amid New Funding Round
August 12, 2021

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...

Investments
Hong Kong’s Currenxie Begins $10M Series A
August 12, 2021

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...

Investments
Jerry AI Insurance App Valued At $450M After $75M Series C
August 10, 2021

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...

Investments
Fanatics Sports Merch Company Triples Valuation Year Over Year
August 10, 2021

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...

Investments
VC Firms Pivot To SE Asian Startups Forecasted For $1T Growth
August 09, 2021

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...

Investments
London Social Bank Kroo Raises $24.5M Toward Launch
August 09, 2021

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...