Investments

Investments
Mexican FinTech Stori Grabs $200M in Series C Funding
November 11, 2021

Mexican FinTech Stori on Thursday (Nov. 11) closed a $125 million oversubscribed Series C equity funding round led by venture capital firm GGV Capital and growth-stage investor GIC, paired with a debt raise to fund Stori’s credit card portfolio. Get the Full Story Complete the...

Investments
Socure Raises $450M at $4.5B Valuation in Oversubscribed Series E
November 11, 2021

Digital identity verification and fraud platform Socure raised $450 million in an oversubscribed Series E funding round that puts its valuation at $4.5 billion, the company announced Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Indonesian Super App GoTo Lands $1.3B in Funding 
November 11, 2021

GoTo Group has secured $1.3 billion from investors as the Indonesian tech company prepares for its initial public offering.  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...

Investments
SaaS BNPL Startup Cacheflow Closes $6M Seed Funding Deal
November 10, 2021

Cacheflow closed a $6 million seed funding round to help the startup grow its platform that enables software-as-a-service (SaaS) firms to offer buy now, pay later (BNPL) installment options at check-out, according to a press release Wednesday (Nov. 10). Get the Full Story Complete the...

Investments
Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
November 10, 2021

Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SPAC
Presto Completes $1B SPAC Merger to Go Public
November 10, 2021

Restaurant-technology startup Presto will have a valuation of about $1 billion when it goes public through special purpose acquisition company (SPAC) Ventoux CCM Acquisition Corp., the companies told The Wall Street Journal Wednesday (Nov. 10).  Get the Full Story Complete the form to unlock this...

SPAC
Gett to Go Public Through $1.1B SPAC Merger
November 10, 2021

Corporate transportation company Gett is closing in on a special purpose acquisition company (SPAC) merger with Rosecliff Acquisition Corp. I, which is backed by Rosecliff Venture Management LLC, people familiar with the situation told The Wall Street Journal for its report Tuesday (Nov. 9).  Get...

IPO
Rivian’s Upsized IPO Could Be the Biggest Since Facebook
November 10, 2021

Rivian Automotive opened Wednesday (Nov. 10) on Nasdaq under the ticker symbol RIVN, floating 153,000,000 shares of Class A common stock at an initial public offering price (IPO) of $78 per share. The offering is expected to close on Nov. 15. Get the Full Story...

Investments
Salesforce CEO Marc Benioff Leads $20M in Search Engine Platform You.com
November 09, 2021

Search engine startup You.com announced that it has raised $20 million, with a goal of unseating Google from its longstanding search engine dominance, Reuters reported Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...