Investments

IPO
eCommerce Company Wish Files Paperwork To Go Public
August 31, 2020

Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. 31) in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
White House, Wall Street Insiders Pair To Launch Hedge Fund
August 31, 2020

Former White House Chief of Staff Michael Mulvaney and Wall Street veteran Andrew Wessel are launching a hedge fund based on the premise that investors can gain an edge by thoroughly understanding how Washington works and closely watching legislators and regulators. Get the Full Story...

Investments
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it will “settle down,” he told CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020
August 28, 2020

Nuvei Technologies Corp., the Montreal-based payment technology company, is planning to file an initial public offering (IPO) in the U.S. and Canada next month, sources told Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
VCs Fuel B2B FinTechs That Find The Opportunity In Pandemic Disruption
August 28, 2020

B2B FinTechs this week scored more than $137.5 million for their technologies, which ranged from cybersecurity solutions to supply chain analytics. Several investments highlighted the opportunity for FinTech startups and their investors to help businesses through the pandemic, with outfits focused on digitizing B2B commerce...

Investments
Finix Raises $75M In Series B Funding
August 26, 2020

Finix has extended its Series B funding round to $75 million, according to a company blog post. 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...

IPO
The Specs on SPACs – And Why Blank-Check Firms Get Backing
August 26, 2020

As U.S. stock-market indices make new highs, an acronym that’s perhaps less familiar to investors — “SPAC” — is gaining traction. It represents a different way to invest, and perhaps log significant gains. Get the Full Story Complete the form to unlock this article and...

IPO
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Socure Closes On $35M In New Round Of Funding
August 25, 2020

Socure, the identity verification and fraud prevention software provider, announced on Tuesday (Aug. 25) that it has raised $35 million in funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...