Investments

SPAC
Bitcoin Miner Griid Infrastructure Could Go Public via SPAC
November 24, 2021

Bitcoin miner Griid Infrastructure is negotiating with blank-check firm Adit EdTech Acquisition Corp. about a possible special purpose acquisition company (SPAC) merger that would value the company at more than $3 billion, Bloomberg reported Wednesday (Nov. 24), citing anonymous sources. Get the Full Story Complete...

Investments
UK Investing App Freetrade Surpasses Fundraising Goal By 800% in First Day of Crowdfunding
November 24, 2021

U.K. investing app Freetrade exceeded its fundraising goal by more than 800% in its first of seven days of fundraising on crowdfunding platform Crowdcube, pulling in more than 8.1 million pounds ($10.8 million), according to Freetrade’s investment page. More than 6,100 investors have contributed investments,...

IPO
Paytm’s October Metrics Might Give Legs to Bounce Back From Busted IPO 
November 24, 2021

Paytm’s journey back from busted initial public offering (IPO) status may be more a marathon than sprint. 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...

Investments
Visa Invests in Open Banking Platform Basiq
November 24, 2021

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post on the company’s website. The amount of the investment was not disclosed.  Get the Full Story Complete the form to...

Fintech Investments
Investor Interest in SEA FinTech Sparked by Mobile Shopping, Payments
November 24, 2021

Investor interest in FinTechs in Southeast Asia (SEA) has brought in a record amount of funding, prompted by the pivot to digital-first shopping, payments and money transfers, Financial Times reported on Wednesday (Nov. 24). Get the Full Story Complete the form to unlock this article...

Investments
SoftBank Leading Upcoming Juspay Investment Round
November 23, 2021

Japanese investment company SoftBank is likely to lead the upcoming $100 million to $120 million fundraising round for FinTech Juspay, according to a report in The Economic Times Tuesday (Nov. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Field Service Management Software Platform simPRO Snags $350M, Acquires ClockShark, AroFlo
November 23, 2021

Global field service management software platform simPRO has nailed down a $350 million investment and announced a pair of acquisitions, according to a Tuesday (Nov. 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Transcription Startup Verbit Valued at $2B Following Series E
November 23, 2021

The artificial intelligence (AI)-powered transcription startup Verbit is looking to expand its workforce after raising $250 million in a Series E round that values the company at $2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Circle Uses USDC to Make $10.5M Investment in UK Crowdfunding Platform Crowdcube
November 23, 2021

Circle Internet Financial, owner and operator of U.S. startup fundraising platform SeedInvest, announced Tuesday (Nov. 23) that it is leading U.K. firm Crowdcube’s $13.5 million funding round with an investment of $10.5 million. Get the Full Story Complete the form to unlock this article and...