Investments

Investments
ID Verification Platform Payfone Raises $100M
June 19, 2020

ID verification firm Payfone has completed a $100 million funding round which the company says it will use for strengthening machine learning and building a new consortium to help secure digital transactions, the press release says. Get the Full Story Complete the form to unlock...

IPO
Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
June 18, 2020

Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S. Securities and Exchange Commission (SEC) filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Eastern Bank Readying For IPO
June 18, 2020

Boston-based Eastern Bank, the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. Get the Full Story Complete the form to unlock this article...

Investments
Saudi Oil Money To Help Power India’s Digital Revolution
June 18, 2020

Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
DoorDash Raising $400M On $16B Valuation
June 18, 2020

DoorDash said it is raising roughly $400 million in Series H financing led by new investors Fidelity Management & Research Co. as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. Rowe Price Associates, Inc. advises. The financing...

Investments
FinTech Pagaya Notches $102M In Funding Round
June 17, 2020

Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing the company’s issuances to over $1 billion in the past year and a half, the Pagaya said on its website....

Investments
Upgrade Closes $40M Santander-Led Funding Round
June 17, 2020

Mobile bank Upgrade Inc. has received a $40 million investment as part of its Series D round led by Santander InnoVentures, a division of Santander Group of Spain, the company announced Wednesday (June 17). Get the Full Story Complete the form to unlock this article...

IPO
Palantir Technologies Readies Bid To Go Public
June 12, 2020

Palantir Technologies, the Palo Alto, California-based Big Data analytics company, is planning to go public soon and could be trading as early as this fall, sources told Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
New Funding To Make DoorDash A $15B Company
June 12, 2020

DoorDash Inc. is expected to receive new funding that would value the nation’s largest on demand meal delivery company at $15 billion even before the deal closes, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...