Get ready for a seismic shift in the venture capital (VC) industry. 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 our daily newsletter, PYMNTS Today. By...
Cashew, a buy now, pay later (BNPL) firm from the United Arab Emirates (UAE), has secured up to $10 million in debt and equity financing from Mashreqbank, a local lender, to help it expand more quickly, Reuters wrote Monday (May 9). Get the Full Story...
Goldman Sachs has paused new special purpose acquisition company (SPAC) offerings, which has added more complications to the lagging market as regulators turn a more critical eye on it, the Financial Times reported Monday (May 9). Get the Full Story Complete the form to unlock...
Mashgin, a touchless self-checkout system powered by artificial intelligence (AI) and computer vision, has raised $62.5 million in a Series B funding round that values the business at $1.5 billion, according to a Monday (May 9) press release. Get the Full Story Complete the form...
Another company in the hot travel-tech space has landed a major investment. 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 our daily newsletter, PYMNTS Today. By...
Egyptian merchant financial services Paymob has raised $50 million in Series B financing, reportedly the largest such funding for a FinTech in that country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Decision intelligence platform provider Pyramid Analytics has raised $120 million in a Series E round, the company announced in a Monday (May 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The CFA Institute, the organization for investment professionals, is telling regulators to tighten disclosure requirements for SPAC sponsors, the Financial Times reported Sunday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Billionaire Elon Musk, still set to buy social media app Twitter, has plans to “quintuple revenue” to $26.4 billion by 2028, The New York Times (NYT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...