Investments

Investments
Neobank Joust Raises $2.6M To Bank Freelancer Wages
August 12, 2019

The funding round was led by PTB Ventures, with help from Accion Venture Lab, Financial Venture Studio and Techstars. 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
Facebook Contributes To $125M Funding For India Marketplace Meesho
August 12, 2019

Bangalore-based social commerce startup Meesho has raised $125 million to expand its eCommerce business in India, TechCrunch reported on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Farfetch Shares Drop 50 Pct. From IPO Offering
August 09, 2019

Farfetch shares dropped to half their IPO price on Friday (Aug. 9), after it reported big losses and investors questioned whether a recent acquisition made sense for a company that isn’t profitable. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
SoftBank Continues LATAM Push, Courts Mexico Startups
August 09, 2019

Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a report by Reuters citing sources familiar with the matter. Get the Full Story Complete the form...

Investments
Uber Passed On Deal To Buy Caviar Before DoorDash
August 09, 2019

Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Wheels Up Takes Flight With $128M Raise
August 09, 2019

New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. 9). Get the Full Story Complete the form to unlock this article and...

Investments
SoftBank Invests $17M In Brazilian Used Car Seller Volanty
August 07, 2019

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 million) in funding, led by Japan’s SoftBank and Argentina’s Kaszek, Reuters reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
JPMC Makes ‘Strategic Investment’ In FreshBooks
August 07, 2019

After establishing itself as an accounting software platform for small businesses and self-employed professionals with paying customers in 160 countries, FreshBooks has announced that JPMorgan Chase & Co. has made a “strategic investment” in the company. FreshBooks aims to differentiate itself by creating easy-to-use accounting...

Investments
Post-Takeover, SMB Bank Penta Secures Latest Funding
August 07, 2019

About two years since launching its small business bank account service, challenger bank Penta announced new 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. yesSubscribe to our...