Investments

Investments
SnapAP Announces Funding From Israel Angel Investors
December 20, 2020

Snap Accounts Payable (SnapAP) has completed the first stage of a new funding round with help from a group of Israel-based angel investors, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Gojek Buys Stake In Indonesia’s Bank Jago
December 18, 2020

Gojek, which bills itself as “Southeast Asia’s leading on-demand services and payments platform,” said in a news release that it has invested in Indonesia-listed technology-based Bank Jago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
PayPal Supports Black-Owned Ventures With Additional $5 Million Grant
December 18, 2020

PayPal is extending additional support to Black-owned businesses by way of a $5 million grant that builds on the $10 million PayPal Empowerment Grant program launched in June.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Canadian FinTech Neo Financial Raises $50 Million In Series A Round
December 18, 2020

Canadian FinTech Neo Financial said that it has raised CAD $50 million in a Series A funding round that included $25 million in funding and $25 million in debt facility financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
eCommerce FinTech Katapult To Go Public By Merging With SPAC
December 18, 2020

Katapult Holding, Inc. and special purpose acquisition company (SPAC) FinServ Acquisition Corp. said on Friday (Dec. 18) that they have entered into a definitive merger deal. The arrangement will create a combined firm that will run as Katapult and is intended to trade on the Nasdaq with...

IPO
Five Key Takeaways From Poshmark’s IPO Filing 
December 18, 2020

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. Get the Full Story Complete the form to unlock...

IPO
China-Based IPOs Raised $11.7 Billion In 2020
December 18, 2020

Chinese companies held 30 initial public offerings (IPOs) this year, raising $11.7 billion, despite a tumultuous year in China-U.S. relations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Poshmark Files For IPO After Posting Record Profits
December 18, 2020

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
South Korea’s Digital Kakao Bank Prepares For IPO
December 17, 2020

Kakao Bank Corp., a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...