Investments

Investments
Circle Invests in Crowdfunding Platform Crowdcube With $10.5M Stake
November 23, 2021

U.K.-based crowdfunding platform Crowdcube, which raises funds to support entrepreneurs and their businesses, has raised $13.5 million in a funding round, with a stake valued at about $10.5 million in the business coming from Circle Internet Financial, LLC, owner and operator of SeedInvest.  Get the...

Fintech Investments
Venture Funding Chases FinTech Focus on Payments Last Mile, Compliance
November 23, 2021

The conventional wisdom in payments holds that over the past few years, everything has changed. 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 newsletter,...

IPO
Paytm Founder Says Company’s Public Debut Mirrors Tesla’s
November 22, 2021

Vijay Shekhar Sharma, founder of Indian eCommerce firm Paytm, compared his company’s inauspicious public debut to the early struggles by automaker Tesla when it listed more than 10 years ago, Reuters reported Monday (Nov. 22). Get the Full Story Complete the form to unlock this...

Investments
Handbag Reseller Marque Luxury Nets $20M 
November 22, 2021

The pre-owned luxury goods provider Marque Luxury has landed $20 million in funding provided by Provident Capital Partners.  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
MoonPay Nets $555M in Series A, Pushing Value to $3.4B
November 22, 2021

Crypto payments infrastructure provider MoonPay Inc. has generated $555 million in an all-equity Series A funding round, driving the 2-year-old company’s valuation to $3.4 billion, according to a Monday (Nov. 22) press release. The funding round was led by Tiger Global Management and Coatue, with contributions...

Investments
Investors Drop $4.6M on Youth Fashion Platform TheDrop
November 22, 2021

TheDrop.com, a youth lifestyle marketplace platform, has raised $4.6 million through a Series A funding round, bringing the company’s total funding to $8.5 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Indian Startup Mensa Brands Becomes Unicorn in Six Months
November 19, 2021

The founder of Indian direct-to-consumer (D2C) brand aggregator Mensa Brands on Thursday (Nov. 19) told CNBC that it has become a unicorn — a private company with a valuation of at least $1 billion — and is already profitable after closing a $135 million Series...

Investments
Crypto Empire Gemini Will Use $400M to Build Metaverse
November 18, 2021

Gemini Space Station, LLC, founders Tyler and Cameron Winklevoss plan to use the $400 million they recently snagged through an investment round to build a metaverse for the $7.1 billion platform, according to a Forbes report Thursday (Nov. 18). Get the Full Story Complete the...

SPAC
Warren Wants SEC to Probe Trump SPAC Deal for Violations
November 18, 2021

Sen. Elizabeth Warren pressed the Securities and Exchange Commission (SEC) Thursday (Nov. 18) to look into possible securities violations in a proposed special purpose acquisition company (SPAC) merger between President Donald Trump’s social media platform and Digital World Acquisition Corp. Get the Full Story Complete...