Robinhood, the Menlo Park, California-based stock trading app, is nearing a deal to raise $250 million from investors at a valuation of $8 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As COVID-19 moves the economy online, Stripe unveiled an extension of its Series G funding round. The company brought in $600 million in additional funding from investors with the inclusion of Sequoia, Andreessen Horowitz, GV and General Catalyst, and its financing occurs on the same valuation and...
Sports betting site DraftKings is only issuing credits while events are canceled during the pandemic, but that hasn’t stopped it from plans to go public this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Airbnb Inc. received a second infusion of cash with a $1 billion loan from institutional investors, the company announced on Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
To provide firms impacted by the coronavirus pandemic with financing, General Atlantic has joined forces with Tripp Smith. The private equity firm is creating a joint venture with Iron Park Capital Partners LP, Smith’s credit-focused company, The Wall Street Journal reported, citing unnamed sources. Get the Full Story Complete...
SoftBank Group Corp. is forecasting that its $100 billion Vision Fund will lose $16.5 billion in the financial year ending March 31, which means the group as a whole will lose money for the first time in 15 years, according to a company statement on...
Japan’s buy now, pay later (BNPL) startup Paidy announced it has closed a Series C extension funding round led by previous investor ITOCHU Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, 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...
Tel Aviv startup Bringg, which works in delivery services, has completed a Series D funding round for $30 million amid a global crisis that has seen demand for the company’s services skyrocketing, according to TechCrunch. Get the Full Story Complete the form to unlock this...
