Investments

Investments
Goods Sourcing Platform Meru Raises $15M
December 02, 2021

Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Grab Goes Public as Super-App Competition in SE Asia Heats Up
December 02, 2021

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Hotel Engine Propels to Unicorn Status With $65M Investment
December 02, 2021

Denver-based Hotel Engine, a travel tech company focused on making lodging management easier for businesses, raised $65 million in Series B funding, the company announced on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Mexican BNPL Platform Kueski Snags $202M
December 02, 2021

Mexican buy now, pay later (BNPL) firm Kueski on Thursday (Dec. 2) announced it had completed a $200 million equity and debt fundraising round that will help it expand the business, according to a Nasdaq report.  Get the Full Story Complete the form to unlock...

Investments
MercadoBitcoin.com Holding Company Snags $50M in Series B Funding 
December 02, 2021

Brazilian unicorn 2TM Group, the holding company for Latin American cryptocurrency exchange MercadoBitcoin.com on Tuesday (Nov. 30) announced the second end of a $50.3 million Series B fundraising round that also closed in July with a $200 million investment by SoftBank.  Get the Full Story...

IPO
Paytm Gets First ‘Buy’ Rating Following Rocky IPO 
December 02, 2021

The Indian super app Paytm received its first buy rating this week, following a less-than-stellar debut last month on the country’s stock exchange.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Crypto Startup Investors Bypass Asia in Favor of Backing US Firms
December 01, 2021

China’s crackdown on technology companies and cryptocurrencies has venture capitalists looking to back companies in the U.S. instead of Asia, a scenario that hasn’t happened since 2017, Bloomberg reported Wednesday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Cardless Payment Network Simpl Raises $40M to Grow BNPL in India
December 01, 2021

Cardless payment network Simpl closed a $40 million Series B funding round to expand buy now, pay later (BNPL) in India, according to a Wednesday (Dec. 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
China to Prohibit Foreign IPOs 
December 01, 2021

China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments by prohibiting companies from making an initial public offering (IPO) on foreign stock markets through variable interest entities, according to a Wednesday (Dec. 1) Bloomberg report.  Get the Full...