Investments

Investments
Secret Clubhouse Funding Round Would Value Company At $4 Billion
April 18, 2021

Clubhouse, the increasingly popular audio-based social media app, has closed a new Series C round, though it didn’t say how much it raised, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Revolut Gears Up For New Funding; Could Push Valuation To $10 Billion
April 18, 2021

London-based FinTech Revolut is on track to a fundraise that would value the company at between $10 billion and $15 billion, Sky News reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Digital Banks And AI Firms Target IPOs  
April 16, 2021

One might be forgiven for thinking that the public listing activity this week was all about Coinbase. The cryptocurrency exchange went public through a direct listing and closed at around $329, off of its intraday highs of about $429. Volume was strong, at 79 million...

Investments
Massachusetts May Revoke Robinhood’s Broker-Dealer Registration
April 16, 2021

Regulators in Massachusetts are taking steps to pull Robinhood’s broker-dealer license, alleging that the digital trading app lures inexperienced investors and puts their money at risk, Reuters reported. Robinhood responded to the charge with a lawsuit accusing the Commonwealth officials of being “elitist.” Get the...

Investments
AI-Based eCommerce Fraud Solution Signifyd Closes $205 Million Round
April 15, 2021

eCommerce fraud protection platform Signifyd has raised $205 million in a Series E funding round, the company announced in a press release Thursday (April 15), valuing the platform at $1.34 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
SoftBank Vision Fund Moves Toward $450 Million Investment In Swiggy
April 15, 2021

The SoftBank Vision Fund is preparing to invest $450 million in Indian food delivery startup Swiggy, Indian publication The Economic Times reported, after a few years of sitting on the sidelines as the sector grew. Bengaluru-based Swiggy would likely be valued at $5 billion. Get...

IPO
Is The Blank Check Firm Boom Burning Out?
April 15, 2021

Despite their recent popularity, special-purpose acquisition companies (SPACs) still can’t quite compete with traditional initial public offerings (IPOs). 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...

Investments
Brazilian eCommerce Platform Olist Raises $23 Million Led By Goldman Sachs
April 15, 2021

Olist, a Brazilian eCommerce solutions platform backed by SoftBank, has raised $23 million in investments from Goldman Sachs and others, Reuters reported on Thursday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
April 15, 2021

Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...