Investments

Investments
Egypt’s B2B eCommerce Fashion Startup Gahez Raises $2M in Pre-Seed Funding
January 03, 2022

Business-to-business (B2B) eCommerce fashion startup Gahez raised $2 million in a pre-seed funding round led by Disruptech Ventures, with participation from Egypt Ventures, Tanmeyah, Afropreneur fund, and other angel investors, Wamda.com reported. Get the Full Story Complete the form to unlock this article and enjoy...

SPAC
FinTech Dave Inc Announces Nasdaq Debut Following SPAC Merger
January 03, 2022

FinTech Dave Inc. merged with the publicly traded special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III Inc. and will go public on Nasdaq on or about on Thursday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Platforms Were Payments’ Hot 2021 IPO Theme — Will Profits Follow?
January 03, 2022

In the look back through the year that was, it might be too farfetched to say that SPACs and IPOs sizzled in the payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Early-Stage Startups Funding Surge Stokes Concerns Over Valuation, Business Worth
January 02, 2022

The amount of funding going into higher-risk, early-stage startups has been notable the past year, according to The Wall Street Journal (WSJ). Investors have been looking at ways to invest in companies — even those that are so new they barely have a product yet....

Investments
Transigo Snags $70M in Funding From Israeli Companies 
January 02, 2022

Software-as-a-Service (SaaS) platform Transigo announced in a Wednesday (Dec. 29) press release that it has ended a $70 million funding round led by Israeli firms E.N. Shoham Business Ltd. and Nawi Brothers that will allow the company to expand its point-of-sale (POS) platform to major B2B...

IPO
Two-Thirds of 2021’s IPOs Now Trading Below Offering Price
December 29, 2021

While there were many initial public offerings (IPOs) in 2021, the Wall Street Journal (WSJ) says two-thirds of the companies that went public in the U.S. are trading under their IPO prices. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
SenseTime is Second Chinese Unicorn to List Overseas
December 29, 2021

When China’s largest artificial intelligence (AI) company begins trading on Thursday (Dec. 30) on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering (IPO) by a well-known Chinese technology unicorn since Didi’s July listing in New York. Get...

Investments
ProShares Launching Metaverse ETF
December 29, 2021

ProShares applied to the U.S. Securities and Exchange Commission for an exchange-traded fund (ETF) focused on the metaverse on Tuesday (Dec. 28), according to a CoinDesk report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
FinTech Stocks Feel the Cold Winds of Change as Investor Demand Wanes
December 29, 2021

Once among the hottest stars on Wall Street, FinTech startups lit up the New York Stock Exchange and NASDAQ, dazzling investors as the pandemic turbo-charged digital adoption of just about everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited...