Investments

Investments
UK’s Atom Bank Raises £40 Million In Plan For Initial Public Offering
February 25, 2021

U.K. FinTech Atom Bank is planning to raise 40 million pounds (about $56 million) from existing shareholders as it plans for an initial public offering (IPO), according to a Prolific North report on Thursday (Feb. 25). Get the Full Story Complete the form to unlock this...

Investments
Online Car Market Gettacar Revs Up With $25 Million Round
February 24, 2021

Online car-buying startup Gettacar has announced $25 million in funding toward its goal of making the car buying and ownership process more streamlined, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Sharks Start To Circle Robinhood
February 24, 2021

From all corners of finance and beyond, the critics are circling Robinhood — and is it possible that Robinhood’s (current) business model is circling the drain? Part of the platform’s allure, of course, is tied to commission-free trading. But in the swirl of controversy and...

Investments
DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
February 24, 2021

The Depository Trust and Clearing Corporation (DTCC) is calling for stepping up the time it takes for security settlements to clear, the DTCC said in a press release on Wednesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Brazil’s RecargaPay Raises $70 Million To Expand Payments App
February 24, 2021

Brazil’s RecargaPay has raised $70 million in a Series C funding round to expand its payments platform for consumers and small businesses. The funding round, led by IDC Ventures and Fuel Venture Capital, brings RecargaPay’s total funding to over $100 million. Other investors include Experian,...

Investments
Smart Home Platform Plume Raises $270 Million For Research, Growth
February 23, 2021

Smart home tech company Plume raised $270 million in a Series E funding round, valuing the company at $1.35 billion. 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
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
February 23, 2021

After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
India’s FoodTech Zomato Nets $250 Million On A $5.4 Billion Valuation Ahead Of IPO
February 22, 2021

Zomato, the foodtech unicorn, has raised another $250 million from both existing and new investors before a potential initial public offering (IPO) later this year, Mint reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
China’s Digital Hospital SPH Notches $159.7 Million Series B
February 19, 2021

SPH Health Commerce, an online pharmacy and hospital in China, landed a 1.033 billion yuan ($159.7 million) Series B funding round led by Shanghai Biomedical Industrial Equity Investment Fund and JIC Investment. Get the Full Story Complete the form to unlock this article and enjoy...