“Buyout Barons” on Wall Street are upping their risk-taking and using the leveraged loan market to finance takeovers and dividends, a Bloomberg report says, with the bank mergers and leveraged buyouts shooting up to $70 billion in the first quarter of this year. Get the...
Indian food delivery startup Swiggy raised $800 million in a funding round led by Falcon Edge Capital and Goldman Sachs, with participation from Accel and Naspers, Bloomberg reported on Monday (April 5), citing an internal memo. Get the Full Story Complete the form to unlock...
Meesho, an Indian social commerce startup that has the backing of Facebook, has raised $300 million in new funding, bringing its value to $2.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Alkami Technology, a provider of cloud-based digital solutions for financial institutions (FIs), is planning an initial public offering (IPO) that could value the firm at more than $2 billion, the company said in a press release on Monday (April 5). Get the Full Story Complete...
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Chinese tech companies apparently reacting to increased regulatory scrutiny tied to the delay of Ant Group‘s planned $37 billion IPO are dropping their own plans to go public in droves, the Financial Times reports. Get the Full Story Complete the form to unlock this article...
Plaid is reportedly near closing a new investment round that would value the FinTech startup at $13 billion, Bloomberg reported Friday (April 2), citing people familiar with the matter. The round, to be led by Altimeter Capital, “could raise hundreds of millions of dollars” for...
Friday (April 2) was a big day for dLocal, as the emerging markets payments platform announced the appointment of a new president and a new COO, along with $150 million in new funding. Get the Full Story Complete the form to unlock this article and...
Thrasio, a startup that acquires Amazon FBA brands, closed a Series C funding round with another $100 million investment, bringing its total fundraising to date to $1.35 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...