Investments

IPO
CommerceHub Mulls IPO At $2B Valuation
July 15, 2020

CommerceHub, which makes eCommerce software, is preparing an initial public offering (IPO) that may value the firm at over $2 billion, according a report in Bloomberg citing unnamed people familiar with the matter. Get the Full Story Complete the form to unlock this article and...

IPO
GoHealth Surges 20 Pct After IPO Raises More Than $913M
July 15, 2020

Shares of GoHealth surged Wednesday (July 15) on the heels of a blockbuster initial public offering (IPO) that saw the online health insurance brokerage raise $913 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors
July 14, 2020

Flipkart Group raised $1.2 billion in a recent funding round led by Walmart, the company’s majority owner. The investment values Flipkart at $24.9 billion, the eCommerce marketplace announced on Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
BigCommerce Eyes IPO As Pandemic Fuels Online Shopping Surge
July 14, 2020

BigCommerce is on track to becoming the latest tech company to go public. 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 Today....

Investments
Google Keeps Eye On India With Bid For $4B Stake In Jio
July 14, 2020

Google is adding more fuel to its drive into India’s tech industry with a bid to buy a $4 billion stake in Jio Platforms, a Reliance Industries subsidiary in which Facebook has invested $5.7 billion for a 10 percent stake. Get the Full Story Complete the form...

Investments
BNPL Sezzle Raises $55M
July 13, 2020

Minneapolis-based buy now, pay later (BNPL) firm Sezzle has raised $55 million in its latest capital 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 additional...

Investments
Robinhood Raises $320M, Valuation Hits $8.6B
July 13, 2020

Commission-free online brokerage Robinhood said Monday (July 13) that it has added $320 million to a funding round disclosed in May, bringing the total for the round to $600 million and producing a valuation for the company of $8.6 billion, according to a blog post....

Investments
Qualcomm Invests $79M To Boost India’s Jio Platforms’ 5G Capabilities
July 12, 2020

Jio Platforms Ltd., the Indian telecom company, has landed another major investor with deep pockets, according to a press release. Qualcomm Ventures, the San Diego-based investment arm of Qualcomm Inc., the wireless technology company, announced it has invested up to $97 million in Jio. Get...

IPO
nCino Ups Its IPO To As Much As $253M
July 10, 2020

The Wilmington, North Carolina-based company nCino Inc., a cloud-based software provider for financial institutions, has upped the amount it hopes to raise in an initial public offering (IPO), the company announced Friday (July 10). Get the Full Story Complete the form to unlock this article...