Investments

Investments
Investor Concerns Over Credit Losses Pull US Bank Stocks Down
May 15, 2020

The U.S. banking industry is the runt of the litter of the current stock market rally as interest rates sink and loans crumble, according to Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus pandemic economic fallout, according to a report in the Financial Times on Friday (May 15), citing sources. Get the Full...

Investments
Chicago’s Tock Raises $10 Million For Upscale Takeout
May 13, 2020

Chicago-based restaurant booking platform Tock raised $10 million in a Series C funding round led by Valor Siren Ventures with participation from Origin Ventures.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Pizza Delivery Platform Slice Nets $43M To Boost Online Ordering
May 13, 2020

Online pizza delivery firm Slice was the beneficiary this week of a $43 million investment from private equity firm KKR & Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Digital Car Buying Platform Vroom To Test IPO Waters In June
May 11, 2020

Vroom, the online used-car sales startup, is eyeing an initial public offering (IPO) for June of this year, according to sources familiar with the company’s inner-workings, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Private Equity Co. Eyes Investing In India’s Jio Platforms
May 10, 2020

General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio, Bloomberg said in a report on Friday (May 8), citing sources acquainted with the negotiations. Get the Full Story Complete...

Investments
Vista Equity Injects $1.5B Into India’s Jio Platforms
May 08, 2020

Jio Platforms Ltd., India’s largest mobile operator, announced it is raising 113.67 billion rupees ($1.5 billion) from Vista Equity Partners, the U.S. private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Singapore’s Ninja Van Delivery Startup Raises $279M
May 06, 2020

Parcel delivery startup Ninja Van, working in overdrive during the pandemic, ended a funding round with $279 million. 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...

Investments
Lime Reportedly Gets a $170 Million Lifeline From Uber
May 05, 2020

Uber is considering upping its investment in a different kind of transportation. 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...