Giant technology investor SoftBank has made its first foray into Africa, making its first bet in Nigerian mobile payments platform OPay. The firm’s Vision Fund 2 led a $400 million funding round for the FinTech company, valuing it at $2 billion, Bloomberg reported on Monday...
The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Payment platform Sezzle said it has confidentially submitted a draft registration statement for an initial public offering (IPO) to the U.S. Security and Exchange Commission, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Coffee shop Dutch Bros has announced it has filed for a registration statement for an initial public offering (IPO), a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reports. Get the Full Story Complete the form to unlock this article...
Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
The global brokerage firm DriveWealth has wrapped a $450 million Series D, valuing the firm at $2.85 billion. 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...
The baseball card company Topps’ plan to go public through a special-purpose acquisition company (SPAC) has fallen through. 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...
FinTech-related special purpose acquisition company (SPAC) activity got a bit of a rebound this past week — specifically, targeting banking services and products, where new announcements took the initial public offering (IPO)/SPAC announced plans in this segment to 47 year to date, as tracked by...