Investments

Investments
Pilot’s Valuation Soars To $1.2 Billion In Extended Series C Round
March 26, 2021

Pilot has extended its Series C funding round to bring in a total of $100 million with further funding from Whale Rock Capital and Bezos Expeditions, becoming a unicorn with a $1.2 billion valuation, according to an announcement from the company. Get the Full Story...

Investments
SoFi Offers Amateur Investors Early IPO Access
March 26, 2021

The online finance startup SoFi is bucking Wall Street tradition by giving amateur investors an easier way to purchase shares in companies as they go public. As CNBC reported on Friday (March 26), these shares are traditionally reserved for institutional investors or people who boast...

Investments
Chainalysis Lands $100 Million In Series D Financing
March 26, 2021

Chainalysis has obtained $100 million in a Paradigm-led Series D financing, bringing the blockchain analysis company’s valuation to more than $2 billion. Previous investors Ribbit and Addition upped their investment in the firm and TIME Ventures, the investment fund for Marc Benioff, took part as...

IPO
WeWork Planning Public Offering With BowX SPAC Merger
March 26, 2021

Shared office space firm WeWork is in merger talks with the special purpose acquisition company (SPAC) BowX Acquisition Corp. in a move to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Blackstone, Atairos Invest In Geolocation Security Firm GeoComply
March 25, 2021

GeoComply Solutions has received minority investments from funds managed by Blackstone and Atairos, the company’s first institutional investors, according to a Tuesday (March 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Report: Robinhood Working To Let Users Purchase IPO Shares
March 25, 2021

Robinhood is developing a system that would let those who harness its trading app buy stocks at the same time as Wall Street funds to “democratize” initial public offerings (IPOs), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Surge Announces $195 Million In Funding To Back Startups In India, SE Asia
March 25, 2021

Sequoia Capital India’s Surge accelerator announced on Thursday (March 25) that it has closed its second round of seed funding at $195 million, aimed at supporting startups across India and Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
PPRO Boosts Funding Round To $270 Million With JPMorgan, Eldridge
March 25, 2021

London-based payments infrastructure provider PPRO upped its latest funding round to $270 million with cash infusions from J.P. Morgan Chase & Co. and Eldridge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
SEC Launches Probe Into SPAC Craze
March 25, 2021

The U.S. Securities and Exchange Commission (SEC) is launching a probe into the wave of startups going public via special purpose acquisition companies (SPACs), Reuters reported on Thursday (March 25), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...