Investments

IPO
Quicken Loans May Be Readying IPO
June 12, 2020

Mortgage lender Quicken Loans, one of the largest lenders in the United States, might be planning to go public, CNBC reported on Thursday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Instacart Raises $225M At $14B Valuation
June 11, 2020

Instacart‘s valuation is now almost $14 billion after a new funding round, the company announced in 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 logins required. yesSubscribe...

Investments
PayPal Commits $530M To Minority-Owned Businesses
June 11, 2020

San Jose-based PayPal Holdings said it is making a $530 million commitment to support black- and minority-owned businesses and communities. The move comes in the wake of the deadly COVID-19 pandemic and the outpouring of protests worldwide following the killing of George Floyd in Minneapolis....

Investments
Fraud Detection Platform NS8 Raises $123M In Series A
June 11, 2020

Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Indonesian Wholesale Marketplace Ula Secures $10.5M In Seed Funding
June 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 million in a new seed funding round, according to an e27 report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Trustly Nets Capital Infusion From Blackrock-led Investment Group
June 10, 2020

Online payment platform Trustly’s global expansion plans just got a big boost. 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. By...

IPO
Vroom’s Shares Surge Following IPO
June 09, 2020

Online auto retailer Vroom Inc. saw its shares more than double on Tuesday (June 9) on their first day of trading following the company’s initial public offering (IPO). The firm’s stock traded as high as $48.88, up 122.2 percent from the stock’s IPO price of $22....

Investments
WeWork Eyes Closing Doors On Its WeLive Shared-Housing Communities
June 09, 2020

WeWork is considering ending its plans for WeLive, its communal living program based in Crystal City near Washington D.C., Bloomberg reports from anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
InsurTech Lemonade To Go Public
June 09, 2020

Betting going public will take advantage of a resurgence as the market recovers from COVID-19, Lemonade Inc., the technology-driven startup, has filed an initial public offering (IPO), the company announced Monday (June 8).  Get the Full Story Complete the form to unlock this article and...