Investments

Investments
AI-Grocery Service Hungryroot Nets $40 Million To Fund Expansion
June 07, 2021

Hungryroot, an artificial intelligence (AI)-powered grocery service, has raised $40 million in a Series C funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
India’s Paytm Likely Heading Toward IPO At $3 Billion Valuation
June 07, 2021

India’s most valuable startup, Paytm, is likely moving forward with its planned $3 billion initial public offering (IPO) and sent an offer for sale (OFS) to employees, Bloomberg reported on Monday (June 7), citing a memo it reviewed as well as sources. Get the Full...

Investments
Foreign Investors Pour Millions Into Pakistan’s FinTech Startups
June 07, 2021

Foreign investors are pouring millions of dollars into Pakistan’s FinTech startups as two new funding deals — KTrade and Abhi — notch an infusion of fresh capital totaling $6.6 million, Bloomberg reported on Monday (June 7).  Get the Full Story Complete the form to unlock...

IPO
FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
June 07, 2021

Challenger bank startup Dave is partnering with special-purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC), with an expected equity value of about $4 billion. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Chinese Online Recruiter Boss Zhipin Eyes US IPO
June 06, 2021

Kanzhun, which owns Chinese online job recruiting platform Boss Zhipin, has filed to conduct a U.S. initial public offering (IPO) that could raise as much as $912 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
The Big NFT Bust
June 05, 2021

Flash back about 15 minutes ago, and non-fungible tokens (NFTs) were the latest craze sweeping the payments industry. Jack Dorsey sold off his first-ever tweet for $2.5 million. Tampa Bay Buccaneers (formerly New England Patriots) tight-end Rob Gronkowski announced plans to sell over 300 NFTs spotlighting...

IPO
Cybersecurity Startup SentinelOne Files For IPO
June 04, 2021

SentinelOne, Inc. plans to go public on the New York Stock Exchange under the “S” ticker symbol, according to an S-1 filing from the company with the U.S. Securities and Exchange Commission (SEC) on Thursday (June 3). Get the Full Story Complete the form to...

Investments
SoftBank Wants Back Into Flipkart; May Shell Out $700 Million
June 04, 2021

The wheel of fortune is spinning again for Walmart-controlled Flipkart. Last month, the word on the street was that India’s Flipkart was out to raise $1 billion or more before having an initial public offering (IPO) of stock in the U.S. Get the Full Story...

Investments
Germany’s Flink Raises $240 Million For Quick Grocery Delivery
June 04, 2021

German grocery delivery startup Flink raised $240 million in a Series A funding round led by Prosus, BOND and Mubadala Capital. The Berlin-based company was launched just six months ago and has partnered with the Rewe Group supermarket chain, Reuters reported on Friday (June 4). Get the...