Investments

Investments
Delivery App Glovo Notches $166M To Expand Development Team
December 19, 2019

In a Series E round headed up by Abu Dhabi’s Mubadala state investment company, Spain’s on-demand delivery app Glovo has notched €150 million ($166 million) in funding. The company’s raise comes after a €150 million round that was announced in April and $134M in a Series C...

Investments
Huckleberry Raises $18M To Expand SMB Insurance Offerings
December 18, 2019

Insurance purchasing and management platform Huckleberry has raised $18 million in a Series A funding round led by Tribe Capital, with participation from Amaranthine, Crosslink Capital and Uncork Capital, Huckleberry announced in a press release on Wednesday (Dec. 18). Get the Full Story Complete the...

Investments
Goldman Leads $1.75B Line Of Credit For WeWork
December 17, 2019

With conditions that clear up a trove of cash for WeWork, the office space and workplace solutions firm has received $1.75 billion in new financing in a drive for fundraising headed up by Goldman Sachs Group, Inc. The new credit line is said to be the...

Investments
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. Get the Full Story Complete the form...

Investments
Pepper Gets $5.6M To Help DTC Firms With Spend Analysis
December 17, 2019

Los Angeles-based Pepper has raised $5.6 million in seed funding from Upfront Ventures, Lerer Hippeau and Manta Ray Ventures, as reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
India’s Licious Notches $30M To Boost Online Food Sales
December 16, 2019

Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
WeWork’s Bid To Find A New Lease On Life
December 13, 2019

For WeWork – a new lease on life? 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, PYMNTS Today. By completing this form, you...

Investments
P2P Euro Lender Robocash Seeks Funding In Southeast Asia
December 13, 2019

Robocash Group, a peer-to-peer (P2P) lending platform, aims to raise $5 million in the next half-year from investors in Europe who want to invest in Southeast Asia, particularly Singapore, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
December 12, 2019

China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...