Investments

Investments
Legal Woes Threaten To Ground Beyond Meat’s Stock
January 29, 2020

Plant-based burger maker Beyond Meat is facing a lawsuit from former business partner Don Lee over fraud allegations, saying the company misappropriated its trade secrets and broke a contract. This could hurt its stock rates, according to CCN.com. Get the Full Story Complete the form...

Investments
Samsung Leads $20M Investment In Smart Chatbot Platform Directly
January 29, 2020

Directly, a company focused on making chatbots more user-friendly and intelligent, has secured $20 million in a new round of financing led by Samsung’s NEXT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
ManoMano eComm Platform Snags $139M To Hire 200 Employees
January 29, 2020

ManoMano, a French startup, has raised more cash in a new funding round, reports said. About €125 million ($139 million USD) was secured for the company’s eCommerce platform of home improvement products and services. Temasek led the funding round, with Bpifrance, Eurazeo, General Atlantic, Piton...

IPO
Why Casper’s IPO May Join Ghosts Of Unicorns Past — Or Never To Be
January 28, 2020

For Casper Sleep, a billion dollar valuation amid an initial public offering (IPO) — and with it, vaunted “unicorn” status in the public markets — may never have had a ghost of a chance. Get the Full Story Complete the form to unlock this article...

Investments
Kobe Bryant’s VC Firm Holds More Than $2B In Assets
January 27, 2020

Kobe Bryant, who died Sunday (Jan. 26), was a well-known businessman and leaves behind a strong legacy of savvy investing and mentoring, according to a report by CNN Business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Visa Joins $80M Round For Currencycloud
January 27, 2020

Currencycloud, a U.K.-based FinTech focused on cross-border payments, said Monday (Jan. 27) it had received the equivalent of $80 million from a series of investors including Visa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Life House Tech-Focused Hotel Brand Closes $30M Fundraise
January 27, 2020

Ashton Kutcher is among the many investors closing a $30 million deal to help Life House continue its disruption of hotels, Life House announced on Friday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Monzo Courts SoftBank As Part Of £100M Capital Raise
January 27, 2020

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. Monzo Co-founder Tom Blomfield sat down with senior officials from SoftBank’s Vision Fund, sources told The Telegraph on Sunday (Jan. 26). Get the...

Fintech Investments
SoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
January 26, 2020

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....