Investments

Investments
B2B Marketplace Ralali Closes First Series D Tranche
March 21, 2022

Indonesian B2B marketplace Ralali has wrapped the first tranche of its Series D funding round, raising an undisclosed amount. 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...

SPAC
SPAC Efforts to Keep Investors Aboard May Not Be Enough to Calm Turbulence
March 21, 2022

In the land of special purpose acquisition companies (SPACs), turbulence lies ahead. 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...

Investments
Startup Bionic Raises $65M in Series B Round
March 21, 2022

Application management platform Bionic has closed a Series B round for $65 million, according to a Monday (March 21) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Profishop Nets $35M to Expand Its B2B Supply Storefront
March 20, 2022

Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand, Yahoo reported last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
US Banks Took In $645M in Equity Capital Market Fees This Year, Down From $5.3B...
March 20, 2022

Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
PropTech Startup Knock Cancels IPO, Lays Off 46% Of Staff
March 18, 2022

PropTech startup Knock, which offers financing for shoppers to buy new homes before selling their old ones, on Friday (March 18) announced that it’s scrapping its planned initial public offering (IPO) at a $2 billion valuation and instead laying off 46% of its 250 employees,...

IPO
Footwear Retailer Belle Preps for $1B Hong Kong IPO
March 18, 2022

Chinese footwear and fashion brand Belle is looking to go public on the Hong Kong markets with an initial public offering that could be worth $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Blockchain-Based Travel Startup TravelX Raises $10M in Seed Funding
March 18, 2022

Blockchain-based travel distribution startup TravelX has raised $10 million in seed funding that it will use to tokenize inventory in the travel space and develop new ways of distribution, according to press release Tuesday (March 15). Get the Full Story Complete the form to unlock...

Investments
AI Startup Aibee’s Valuation Tops $1B After New Funding From Xiaomi
March 18, 2022

Chinese artificial intelligence (AI) startup Aibee closed a fundraising round of about $100 million that pushed its valuation to more than $1 billion, making it a unicorn, according to a Thursday (March 17) Bloomberg report. Get the Full Story Complete the form to unlock this...