Investments

IPO
China’s Retail Investors Order Over $2.8T Of Ant Group Stock
October 30, 2020

Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 trillion of orders for their part of its offering, which is taking place in both Hong Kong and Shanghai at the same time, The Wall Street Journal reported. Get...

Investments
Stablecoins: Bitcoin’s Cousin Fights For Respect
October 30, 2020

At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. Get the Full Story Complete the form to unlock this article and...

IPO
Foreign Investors Stand To Gain $8B With Ant Group’s IPO
October 29, 2020

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this...

Investments
Online Ordering Startup Lunchbox Notches $20M
October 28, 2020

New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Ant Group $34B Record IPO Means Big Payday For Jack Ma
October 28, 2020

Jack Ma’s Ant Group broke records on Wednesday (Oct. 28), filing the biggest initial public offering (IPO) to date, with expectations of raising $34.4 billion on the Shanghai and Hong Kong stock exchanges, according to multiple reports. Get the Full Story Complete the form to...

Fintech Investments
New UBS Portfolio Focuses $200M On FinTechs
October 27, 2020

Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the “broader tech ecosystem,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Airbnb Picks Nasdaq For IPO
October 27, 2020

Airbnb has chosen to list its shares on the Nasdaq market, marking the index’s biggest listing since Facebook‘s $16 billion one in 2012, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Ghost Kitchen Firm Ordermark Nets $120M Led By Softbank
October 27, 2020

Ordermark, which provides online ordering solutions for restaurants, announced the close of a Series C funding round with $120 million, 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...

Investments
India’s FreshToHome Poised For Expansion After New Round of Financing
October 27, 2020

As business surges amid the coronavirus, Indian eCommerce startup FreshToHome, which sells fresh fish, meat, chicken and vegetables, has pulled down $121 million in new financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...