Investments

Investments
Secondhand Fashion Platform Vinted Nets $303 Million In Funding
May 12, 2021

Secondhand clothing marketplace Vinted has pulled in 250 million euros ($303 million) from investors. Women’s Wear Daily reported that the money will go toward funding international expansion — including hiring more workers, adding more memberships and beefing up infrastructure. In addition, the new funds will...

IPO
Vehicle Sharing Startup Bird Plans Public Offering With SPAC Merger
May 12, 2021

Silicon Valley vehicle-sharing startup Bird is planning to go public with the special purpose acquisition company (SPAC) Switchback II Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
May 11, 2021

Acquco, which is focused on acquiring third-party sellers on Amazon, has closed a Series A funding round with $160 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...

Investments
YouTube Introduces $100 Million Fund To Advance Short-Form Video 
May 11, 2021

YouTube is introducing YouTube Shorts beta to help bring short-form video to YouTube users in the U.S. and India, according to a YouTube blog post on Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Lili Notches $55 Million For Freelancers’ Digital Banking Service
May 11, 2021

Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total funding to date to $80 million, Forbes reported. The funding round was led by Group 11, with participation from existing...

IPO
Chatbot Maker Infobip Raising $500 Million Toward IPO
May 11, 2021

Infobip, a Croatian tech company that creates customer service chatbots for companies like Uber and Microsoft, aims to raise around half a billion dollars in preparation for a U.S. initial public offering (IPO). Get the Full Story Complete the form to unlock this article and...

IPO
Hedosophia’s Ian Osborne Eyes Amsterdam Listing Via SPAC
May 11, 2021

British investor Ian Osborne — who has been instrumental in propelling the special-purpose acquisition company (SPAC) investment movement in the U.S. — is now trying to advance a similar process in Amsterdam, the Financial Times reported on Tuesday (May 11), citing sources. Get the Full...

IPO
SoftBank Seeks IPO For Payment App PayPay
May 11, 2021

The Japanese conglomerate SoftBank announced on Tuesday (May 11) that it is seeking an initial public offering (IPO) for its QR code payment app, PayPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Mortgage Lender Better Plans SPAC Deal On $7.7 Billion Valuation
May 10, 2021

Better, a startup mortgage lender, is going public by merging with a special purpose acquisition company (SPAC), the startup announced in a press release Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...