Investments

IPO
Prediction Market Kalshi Eyes IPO as Revenue Triples to $2 Billion
June 19, 2026

Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Baseten Nears $1.5 Billion Funding Round as Inference Demand Surges
June 18, 2026

Baseten is finalizing a $1.5 billion fundraising round to support its inference software layer that enables customers to run, optimize and train open-source artificial intelligence models, the Wall Street Journal reported Thursday (June 18). Get the Full Story Complete the form to unlock this article...

Investments
PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
June 17, 2026

PayPal is “exploring strategic options” for its venture capital arm, a company spokesperson told Fortune in a report posted Tuesday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
June 17, 2026

Cross-border payments/stablecoin settlement infrastructure company Trace Finance has raised $32 million in new funding. 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...

Investments
Karta Raises $140 Million for Credit-Invisible Travelers’ Card
June 17, 2026

Travel-focused credit card company Karta has raised $140 million in new funding. 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 completing this...

Investments
Flutterwave Valuation Hits $3.3 Billion Following Ripple Investment
June 16, 2026

Africa-focused FinTech startup Flutterwave has reportedly sold an equity stake to blockchain company Ripple. 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...

Investments
Arcade Books $60 Million in Funding to Keep AI Agents Accountable
June 15, 2026

Arcade.dev raised $60 million in a Series A funding round to grow its secure action layer for production artificial intelligence agents, designed to prove which agent took which action, on behalf of which user. Get the Full Story Complete the form to unlock this article...

Investments
Interchecks Raises $50 Million to Expand Real-Time Funding Use Cases
June 15, 2026

Interchecks raised $50 million in a Series C funding round to expand its instant payments infrastructure that serves sportsbooks, FinTechs and financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Indian Payment FinTech Razorpay Planning $600 Million IPO
June 15, 2026

Indian payment FinTech Razorpay is reportedly preparing a $600 million initial public offering (IPO). 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...