Investments

IPO
Ant Could Go Public By Year-End With Valuation Slashed 60 Pct 
June 17, 2021

China’s Ant Group could go public before 2021 closes out, although the tech giant’s valuation is anticipated to be reduced by as much as 60 percent to roughly $120 billion, Bloomberg reported, citing a report from Bernstein analysts led by Kevin Kwek.  Get the Full...

IPO
FinTech Wise Plans Direct Listing On London Stock Exchange
June 17, 2021

FinTech payments startup Wise is planning to be the first direct listing on the London Stock Exchange (LSE) and is not raising any funds for it, Reuters reported on Thursday (June 17). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Cloud Banking Platform 10x Future Technologies Raises $187M For International Expansion
June 16, 2021

London-based FinTech 10x Future Technologies has closed a Series C funding round with $187 million, 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 logins required....

IPO
Dutch Bros Listing May Help IPO Market Percolate
June 16, 2021

The pandemic is receding, economies are reopening. Which brings us to … our everlasting need for coffee. How else to get ready for the Zoom calls that still are the mainstays of working from home — and of course, for the daily commute as we return,...

Investments
Bringg Valued At $1 Billion After Closing $100 Million Series E
June 16, 2021

Delivery and fulfillment startup Bringg raised $100 million in a Series E funding round led by Insight Partners, with participation from existing backers Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures and Viola Growth. Get the Full Story Complete the form to unlock...

Investments
Motif FoodWorks Raises $226 Million Amid Rising Interest In Plant-Based Edible Alternatives
June 16, 2021

Funding for plant-based proteins continues to pour in to the sector, as Boston-based food technology company Motif FoodWorks announced a $226 million Series B fundraise Wednesday (June 16). The company said it will use the funds for research and development, building out its technology, and...

IPO
Global Investment Heats Up In Southeast Asia, Middle East
June 16, 2021

A blockbuster number of companies might go public in Thailand in 2021, CNBC reported. Ken Fong, head of equity capital market research for Asia-Pacific at Dealogic, told CNBC that the country typically has approximately 30 public listings annually, while data showed that most typically arrive...

IPO
eCommerce Retailers Make Trading Debuts In Global IPOs
June 16, 2021

eCommerce firms have made their trading debuts, or have plans to go public, on markets from Indonesia to Germany, while other players in the online shopping industry are set to be acquired. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
June 16, 2021

India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based FamPay said the funding round was led by Elevation Capital. The company said it will use the cash to build...