Investments

Investments
Money Transfer Startup Remitly Nets $85M On $1.5B Valuation
July 30, 2020

Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Tempo And The Home Fitness Gold Rush
July 29, 2020

Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest as the pandemic shut down brick-and-mortar gyms. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Telemedicine Startup Draws $100M Investment From Humana
July 29, 2020

Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
TransferWise Valuation Reaches $5B
July 29, 2020

TransferWise, the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). Get the Full Story Complete the form to unlock this...

IPO
Rocket Mortgage Parent Plans $3.3B IPO
July 28, 2020

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Online Health Startup Ro Raises $200M On $1.5B Valuation
July 27, 2020

Online health startup Ro is valued at $1.5 billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
SAP To Take Qualtrics Public
July 27, 2020

Eighteen months after buying Utah-based management software company Qualtrics for a record $8 billion, SAP SE announced plans to take the company public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public
July 27, 2020

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive’s announcement that it will be going public. Get the Full Story Complete the form to unlock this article and...

Investments
FinTech Startup Revolut Raises $80M At $5.5B Valuation
July 24, 2020

London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its Series D round that kicked off five months ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited...