Paul Ryan, former speaker of the House, is creating a “blank-check company,” The Wall Street Journal reported. The move comes amid growing interest in the business model, which is also called a special-purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this...
Drizly Group, which works in alcohol eCommerce and delivery, has closed a $50 million Series C funding round, 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 — no...
In a bid to grow its health insurance division and go public, Waterdrop Inc., a Hong Kong-based insurer, has raised $230 million in a funding round, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ant Group, the Chinese FinTech, reported profits of 9.2 billion yuan ($1.3 billion) in the first fiscal year quarter, Bloomberg News reported. That’s up 560 percent over the same period one year ago. Get the Full Story Complete the form to unlock this article and enjoy...
Airbnb, the popular vacation rental app, has submitted a draft registration statement for an initial public offering, 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 — no additional...
Affordable housing tech startup PadSplit is expanding into Houston after raising millions in venture capital. 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,...
Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38 percent since its February debut. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Omio, the Berlin-based travel booking app, announced on Wednesday (Aug. 19) that it has raised $100 million to fuel further expansion as the industry rebounds in Europe after a severe hit from COVID-19. Get the Full Story Complete the form to unlock this article and...
Indian venture capital firm Lightspeed India said on Tuesday (Aug. 18) that it has closed its Lightspeed India Partners III fund after securing $275 million in new capital commitments from institutional investors around the world. Get the Full Story Complete the form to unlock this...
