Investments

Investments
Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
February 15, 2022

Alternative lender Blackstone Inc. says it will back a $23.8 billion recapitalization of Mileway, Europe’s largest urban warehouse operator and last-mile logistics company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Nigerian B2B Payments Startup Duplo Raises $1.3M
February 15, 2022

Duplo, a Nigeria B2B payment digitization startup, has raised $1.3 million in pre-seed funding, and announced it will take part in accelerator Y Combinator’s winter batch, according to published reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Logistics Startup Veho Raises $170M Amid ‘Permanent Shift Toward Residential Delivery’
February 15, 2022

Next-day delivery startup Veho has raised $170 million in an early-stage funding round that valued the San Francisco-based firm at $1.5 billion, the company announced in press release Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

SPAC
Traditional IPOs Announcements Gain Ground in 2022, While SPAC Deals Sputter
February 14, 2022

Roughly six weeks into 2022, and depending on how you look at it, the initial public offering (IPO) landscape is bright — or perhaps if you are looking at special purpose acquisition companies (SPACs), it is clouding up at least a bit. Get the Full...

IPO
Sock Company Bombas Eyes Possible IPO
February 14, 2022

Sock and apparel maker Bombas is looking into a U.S. initial public offering (IPO), according to a Monday (Feb. 14) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

SPAC
SPAC Mergers Fall Off in Early 2022
February 14, 2022

Mergers involving special purpose acquisition companies (SPACs), in which blank-check public companies merge with private ones wanting to go public, are beginning to fall apart, Bloomberg reported Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing Fees
February 14, 2022

In today’s FinTech news, banks and FinTechs are finding more ways to coexist and complement one another’s skills, with Bank of America investing $20 million in the U.K. FinTech Banked to bring more customers a Pay by Bank solution, eliminating card processing fees for merchants....

Investments
London IVF Insurance Startup Gaia Raises $20M
February 14, 2022

Gaia, the fertility care startup, has closed on a 14-million-pound ($20 million) Series A funding round, the London-based company announced Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Egypt’s Digital Real Estate Startup Nawy Raises $5M
February 14, 2022

PropTech and real estate sales platform Nawy has raised $5 million in its latest funding round, the company announced Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...