Investments

Investments
Despite Small Gains, Retail Stocks Could See Downturn In Future
June 05, 2019

The XRT, which keeps track of activity for the biggest retail companies, is having the worst month in 10 years, as the sector fell an estimated 13 percent in May. CNBC reported that, on Tuesday (June 4), retail was up — gaining close to 3...

Investments
GuardKnox Secures $21M To Boost Cybersecurity For Connected Cars
June 04, 2019

Automotive cybersecurity company GuardKnox announced it has secured $21 million in a Series A round of funding, bringing its total raised to $24 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Highspot Secures $60M In Funding Round Led By ICONIQ Capital
June 04, 2019

Sales enablement platform Highspot announced it has secured $60 million in Series D 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
AI Chip Startup Attracts Bill Gates, Khosrowshahi In $9M Round
June 04, 2019

A next-generation artificial intelligence (AI) chip startup called Luminous has raised $9 million in a seed funding round and attracted investors like Microsoft Co-Founder Bill Gates, Uber CEO Dara Khosrowshahi and Uber Co-Founder Travis Kalanick, according to a report by CNBC. Get the Full Story...

Investments
Biz2Credit Raises $52M In Funding To Expand
June 04, 2019

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Chewy Valued At Around $7B For IPO
June 03, 2019

PetSmart wants to take Chewy.com, its wildly successful online venture, public at a valuation of $7 billion, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Database Management Startup Fluree Snags $4.7M For Blockchain Tech
June 03, 2019

Fluree, a database management startup based in North Carolina, has raised $4.7 million in a funding round to develop blockchain and integrate it into its database technology, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
WorldRemit Raises $175M For Global Expansion
June 03, 2019

WorldRemit, the mobile payments company, announced Monday (June 3) that it raised $175 million in venture 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...

Investments
Groupon Co-founder Snags $200M For Genomic Testing Company
June 03, 2019

Groupon Co-founder Eric Lefkofsky’s new company has raised another $200 million in 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....