Acorns Grow Inc., which offers a savings and investing app, is poised to go public by combining with Pioneer Merger Corp, a special-purpose acquisition company (SPAC) that is traded on Nasdaq. The combined company, with a valuation of about $2.2 billion, is expected to be...
Indian payments provider Paytm is eyeing a $3 billion (218 billion rupee) initial public offering (IPO) at a valuation of $25 billion to $30 billion that could be the biggest the country has ever seen, Bloomberg reported on Thursday (May 27), citing an unnamed source....
Software and payments company SpotOn has raised $125 million in Series D funding round, bringing the company’s valuation up to $1.875 billion, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Payments company OPay could be looking at raising $400 million, according to a report from TechCabal. 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 daily...
Global FinTech Paysend closed a $125 million Series B funding round led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing investors including Plug and Play, the company announced in a press release emailed to PYMNTS. Get the Full...
Two U.S. payments platforms — Paymentus and Flywire — are seeking initial public offerings at the top of their marketed range. Both started trading on Wednesday (May 26) and are expected to close on Friday (May 28). Get the Full Story Complete the form to...
eCommerce fraud prevention company Forter has raised $300 million in a Series F 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 logins required....
The digital weight-loss and wellness platform Noom has raised $540 million led by the private-equity firm Silver Lake, with participation from Oak HC/FT and Novo Holdings. The fresh round of capital gives Noom a $3.7 billion valuation, Bloomberg reported on Tuesday (May 25), citing sources....
Brazilian FinTech Ebanx is looking at acquisitions in Latin America as it prepares for a possible initial public offering (IPO), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...