Investments

Investments
Klarna Valued At $10.65B After $650M Funding Round
September 14, 2020

Private equity firm Silver Lake is leading a group in a $650 million investment in buy now, pay later (BNPL) provider Klarna, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Snowflake Ups IPO Price 30 Pct To As Much As $30.5B
September 14, 2020

Snowflake Inc. is benefitting from investors who keep pouring money into the cloud as the coronavirus pandemic continues. 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...

IPO
Prescription Drug Discounter GoodRx Launches IPO
September 14, 2020

GoodRx Holdings Inc., the discount prescription marketplace startup, announced the launch of its initial public offering (IPO) Monday (Sept. 14). 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
Hot In The States, SPACs Might Have Global Appeal
September 14, 2020

Amid a red-hot IPO market here in the United States, some of the most incandescent new listings have come from special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of its individual holdings, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Santander Expands, Spins Off FinTech VC Fund
September 11, 2020

Banco Santander is spinning off its FinTech venture capital fund into a new entity called Mouro Capital and is doubling its investment in the operation to $400 million, the Spanish financial giant announced on Friday (Sept. 11). Get the Full Story Complete the form to...

Investments
SPAC Starboard Value Acquisition Launches $360M IPO
September 10, 2020

“Blank check” company Starboard Value Acquisition Corp. announced on Thursday (Sept. 10) that it had priced its upsized 36-million-unit initial public offering at $10 per unit. The units commenced trading later Thursday with the “SVACU” stock symbol, selling for as low as $9.97 and as...

Investments
FinTech Startup Capitolis Nets $11M From Major Banks
September 10, 2020

New York-based Capitolis said in a press release that it had completed a funding deal with Citi, J.P. Morgan and State Street. Financial technology (FinTech) startup Capitolis designs and develops software that helps financial institutions (FIs) “optimize their balance sheets, which creates a fairer, safer and...

Investments
India’s Zomato Raises $102M, Ups Its Value To $3.4B
September 10, 2020

Zomato, India’s food ordering and delivery startup, has raised $102.5 million to power its growth. 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, PYMNTS...