In a sign that all might not be lost in the venture capital world — and in California as a nexus for investment — March Capital Partners said that it has closed its first VC fund with a $240 million tally. Get the Full Story...
Snapchat is raising another major funding round, and according to reports, it’s at a $20 billion valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Sony is banking on artificial intelligence as a revenue stream for the company, and it’s just taken another step toward that goal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Increasingly, Americans prefer to communicate by text message — much to the dismay of everyone’s grandmothers, who just can’t understand why it is such a big deal to pick up the phone every now and again. Get the Full Story Complete the form to unlock...
Disruption needs investment. In one quite recent example of investment — as recent an announcement as this morning — Embroker, the cloud-based risk and insurance management firm, has raised $12.2 million from a series of investors.
The venture capital arena has been raising money at a furious pace, but VC firms have also been sitting on the cash for dry powder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Apple announced the somewhat surprising move this morning of a $1 billion investment into Didi Chuxing — a ridesharing service that acts as one of Uber’s main rivals in China. Apple CEO Tim Cook says the move was undertaken in an attempt to learn more...
German POS solution provider orderbird has raised close to $23 million in a Series C funding round, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Liquidity is what makes markets go ‘round. It’s also what small-cap stocks generally lack and why investors have begun to build a “wall of worry” around them. Exhibit A: alt-lending stocks.