Investments

IPO
Online Merchant Hour Loop Opens IPO Trading of 1.5M Shares
January 07, 2022

Online retailer and third-party eCommerce seller Hour Loop started trading on Nasdaq Capital Market under the ticker symbol HOUR at a per-share price of $4.50 after pricing the initial public offering (IPO) of 1.5 million shares of common stock at $4 per share, according to...

Investments
Malaysian Online Car Seller Carsome Raises $300M
January 07, 2022

The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round.  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...

Investments
DeFi Loan Marketplace Goldfinch Nets $25M for Its Credit Protocol
January 06, 2022

Decentralized credit protocol Goldfinch has raised $25 million in a Series A extension round led by Andreessen Horowitz, per a Thursday (Jan. 6) report from CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Wellness App Mine’d raises $3.5M
January 06, 2022

Mine’d, the New York-based app that connects consumers with emotional wellness experts and classes, announced it has raised $3.5 million in a funding round, according to a post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
South Africa’s JABU Gets $3.2M for Its B2B eCommerce and Retail Play
January 06, 2022

Namibia-based B2B eCommerce startup JABU has raised $3.2 million in a financing round, TechCrunch reported Thursday (Jan. 6). 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...

Investments
PayFit Raises $276M to Transform HR Technology 
January 06, 2022

PayFit, a payroll and human resources management solution for small- to medium-sized businesses (SMBs), has raised 254 million euros ($276 million), a record-breaking amount for the Paris-based firm, the company announced on Thursday (Jan. 6).  Get the Full Story Complete the form to unlock this...

IPO
Aéropostale, Forever 21 Owner Authentic Brands Pulls IPO
January 06, 2022

Apparel chain operator Authentic Brands Group (ABG), owner of Aéropostale, Forever 21, Lucky, Barneys New York, and more than 30 other brands, officially dropped its plans for an initial public offering, according to its filing with the Security and Exchange Commission (SEC) and other reports....

IPO
Tuhu Online Car Services Launching IPO in Hong Kong
January 06, 2022

Tuhu, a Chinese online car services platform backed by Goldman Sachs Group Inc. and Tencent Holdings Ltd. among other investors, is relocating its initial public offering (IPO) from the U.S. to Hong Kong, according to a Bloomberg report Thursday (Jan. 6) that cited people with...

IPO
Security Firm SK Shieldus Joins Car-Sharing Startup SOCAR in Filing for Korean IPOs
January 06, 2022

Security solution provider SK Shieldus and car-sharing platform SOCAR have both filed initial paperwork for an initial public offering (IPO) on the main Korea Composite Stock Price Index (Kospi), according to reports and the stock exchange operation Korea Exchange. Get the Full Story Complete the...