Investments

Investments
Squarespace Raises $300 Million; Eyes $10 Billion Valuation
March 16, 2021

Website builder Squarespace has announced a $300 million funding round at an enterprise valuation of $10 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...

IPO
First Nordic SPAC Will Go Public March 25
March 16, 2021

Nordic financial services group SEB is the global coordinator and bookrunner of Scandinavia’s first special purpose acquisition company (SPAC) and is now building out a corporate finance unit, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Bird’s Scooter-Sharing Platform Invests $150 Million In Europe
March 16, 2021

Silicon Valley scooter and vehicle sharing platform Bird is launching an expansion across Europe and is earmarking $150 million to make it happen, according to a company press release on Tuesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Digital ID Firm Socure Raises $100 Million To Advance Fraud Detection
March 16, 2021

Digital identity startup Socure closed a $100 million Series D funding round led by Accel with backing from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures and others.  Get the Full Story Complete the...

IPO
Trustly Gauges Investors’ Appetite For Potential $11 Billion IPO
March 16, 2021

The Swedish payments startup Trustly is gauging investor interest in an initial public offering (IPO) that could value the company at more than $11 billion. According to a Financial Times report published on Tuesday (March 16), Trustly plans to meet with investors in the coming...

Investments
Stor.ai Raises $21 Million As Investors Flock To Online Grocery
March 16, 2021

Tel Aviv-based grocery tech solution Stor.ai (formerly Self Point) has just raised $21 million in its most recent funding round, which it will use to “integrate new, next-generation features into its core offering, accelerate the company’s growth in North America, and enter into new markets...

Investments
London FinTech SumUp Notches $893 Million For Expansion
March 16, 2021

London FinTech SumUp has raised a 750 million euro (roughly $893 million) facility from existing backers Goldman Sachs and Bain Capital Credit, and new investors Temasek, Crestline, and funds managed by Oaktree Capital Management. The current round was oversubscribed due to high demand from existing and...

IPO
Investment Platform eToro Plans To Go Public, Expects $10.4 Billion Valuation
March 16, 2021

Online multi-asset investment platform eToro is set to go public through a blank-check company. In a press release, eToro said that it expects a valuation of $10.4 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Ant Group’s Valuation Tops $200 Billion
March 16, 2021

Based on Ant Group’s 2020 numbers, some investors around the world have tagged the Chinese company with a valuation in excess of $200 billion, Reuters reported on Tuesday (March 16), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...