On Wall Street, the much-touted trend of special purpose acquisition companies (SPACs) might be on the way out, Reuters reported, as first-day trading pops are fading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Got stuff? Neighbor.com is betting you do — as are its investors, who have just ponied up $53 million more in venture funding. The company said it will use the cash to build up its marketplace, which connects owners of underused property to customers looking...
Chauffeur service Blacklane, based in Berlin, has taken on the Big Apple this month, launching a new service in New York City. The company announced Wednesday (March 24) that it has raised 22 million euros (about $26 million) from existing shareholders. Get the Full Story Complete...
The mammoth sports merchandise company Fanatics has doubled in valuation in the last eight months, thanks in part to $320 million in new funding. As CNBC reported on Wednesday (March 24), Fanatics’ valuation rose from $6.2 billion in August 2020 to $12.8 billion. The new...
Indian companies have generated more than $2 billion through initial public offerings (IPOs) thus far in 2021, the highest level of IPO fundraising in the country since 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Real estate startup Pacaso raised $75 million at a valuation of $1 billion just six months after launching — the fastest U.S. company to reach unicorn status, the company announced on Wednesday (March 24). Get the Full Story Complete the form to unlock this article and enjoy...
Mobile travel app Hopper has pulled in $170 million in additional venture funding fueled by its new partner in the travel industry, Capital One. Hopper said the goal is to create Capital One Travel for the banking giant’s cardholders, according to a Wednesday (March 24) press...
Chinese firms are looking to pull initial public offerings (IPOs) after regulators have moved to strengthen requirements to safeguard investors and protect financial stability, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Airwallex is the recipient of a $100 million investment that has raised its valuation to $2.6 billion, 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...
