Silicon Valley online-trading platform Kalshi has closed a Series A funding round for $30 million led by Sequoia Capital, with participation from Charles Schwab, Henry Kravis, SV Angel and previous investors including Neo and YC Continuity. Get the Full Story Complete the form to unlock...
JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take advantage of China’s pandemic-triggered eCommerce boom. Sources told Bloomberg that a JD Logistics initial public offering (IPO) could raise about...
Chinese retail solutions startup DMall, backed by grocery chain Wumart Group, is considering a plan to file for an initial public offering (IPO), Bloomberg reported on Wednesday (Feb. 17), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the world of mythology, Robin Hood took from the rich and gave to the poor. And in the new telling of the Robinhood tale, in the digital age, the definition of who’s rich and who’s poor can change day to day or minute by...
Goldman Sachs is launching Marcus Invest to facilitate automated stock buys, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a deal with Michael Klein‘s special purpose acquisition company (SPAC), Reuters writes. Get the Full Story Complete the form to unlock...
One previously unreported reason Jack Ma‘s Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Latin American eCommerce acquirer Valoreo has raised $50 million in a seed funding round to expand its operations in the region. The funding was one of the largest seed rounds in the region, according to an announcement from Angel Ventures, one of the investors in the...
