Investments

Investments
Canapi VC Firm Commits $545M To Boost FinTech Startups
January 23, 2020

Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base. Canapi Ventures, which specializes in early to growth-stage FinTech companies, will be working to provide funds to a new generation of...

IPO
Study: Tech Unicorns Overvalued By Nearly 50 Percent
January 22, 2020

Price is what you pay, value is what you get. 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
Stasher Snags $2.5M To Help Travelers Stow Their Luggage
January 22, 2020

Popular luggage storage app Stasher has secured another $2.5 million in financing thanks to Venture Friends and other investors, including former hotels.com president Johan Svanstrom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SoftBank Joins Berkshire Grey’s $263M Funding Round For Retail Robotics
January 22, 2020

Robotics and artificial intelligence company Berkshire Grey has raised $263 million in Series B financing to continue providing global Fortune 100 companies with retail, eCommerce and logistics fulfillment automation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Newly Funded Flutterwave Becomes WorldPay’s First African Partner
January 21, 2020

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports on Tuesday (Jan. 21).  Get the Full Story Complete the form to unlock this article...

Investments
Supplier Network Co scoutbee Gets $60M In Series B Round
January 20, 2020

Supplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and Toba Capital all participating, according to a release.  Get the Full Story Complete the form to unlock this article and...

Fintech Investments
Swedish Open Banking Startup Tink Closes €90M Funding Deal
January 20, 2020

Sweden’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners, Tink announced on Monday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
AvidXchange Gets $260M In Financing Round
January 17, 2020

Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, 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...

Investments
SoftBank Could Invest $40B In New Indonesian Capital
January 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. Indonesian President Joko Widodo made plans known in August to move the administrative capital to take the...