Investments

Investments
Venture Capital Investment in Saudi Firms on the Rise
December 20, 2021

Business-to-business (B2B) eCommerce marketplace Sary has raised SR281 million ($75 million) in a Series C funding round, seven months after it raised its $30.5 million Series B round, according to a Dec. 20 report by Zawya. Get the Full Story Complete the form to unlock...

Investments
BNPL Firm Addi Pushes Value to $700M Following $200M Fundraise  
December 20, 2021

Latin American buy now, pay later (BNPL) company Addi has generated $200 million of debt and equity, pushing its valuation to more than $700 million, according to a Monday (Dec. 20) report from Bloomberg.   Get the Full Story Complete the form to unlock this article...

SPAC
Zegna Goes Public Through $3.1B SPAC Deal with Investindustrial 
December 20, 2021

Italian luxury fashion company Zegna is making its debut on the New York Stock Exchange Monday (Dec. 20) under the ticker symbol ZGN after a special purpose acquisition company deal with European private equity company Investindustrial that valued the company at $3.1 billion.  Get the...

Investments
Razorpay Raises $375M Toward Expansion, Acquisitions
December 19, 2021

Payments gateway platform Razorpay has raised $375 million in a funding round, which it will use to invest in the neobank platform, make more acquisitions and enter more markets, The Economic Times of India reported. Get the Full Story Complete the form to unlock this...

Investments
‘No Likes’ Social Branding App Tagg Raises $2M
December 17, 2021

Tagg, a “social branding” app connecting young creatives, announced on Friday (Dec. 17) that it had raised $2 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

SPAC
Mobile Commerce Platform Rezolve Merges With Armada in $2B SPAC Deal to Go Public
December 17, 2021

Mobile commerce platform Rezolve is merging with the blank check company Armada Acquisition Corp. in a deal to take Rezolve public at an estimated valuation of $2 billion, according to a press release on Friday (Dec. 17). Get the Full Story Complete the form to...

Investments
Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
December 17, 2021

Tiger Global Management LLC has jumped into the booming Pakistan startup market with an investment in small business-focused digital bookkeeping platform CreditBook, Bloomberg reported Friday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Platform Businesses Dominate End of Year SPAC, IPO Activity
December 17, 2021

We’re at the very tail end of 2021, and depending on where — and when — you look, the SPAC sector is either dead or rising, phoenix-like, from ashes.    Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
AI eCommerce Tech Firm Rokt Raises $325M at $1.95B Valuation
December 16, 2021

Artificial intelligence (AI) eCommerce technology platform Rokt closed a $325 million Series E funding round at a $1.95 billion valuation, with funding led by Tiger Global and participation by Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg. Get the Full...