Investments

IPO
California Expects IPO Tax Windfall
April 01, 2019

California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fintech Investments
TransferWise Seeks To Raise Up To $300M
March 31, 2019

Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Lyft Shares Jump 20 Pct With IPO Debut
March 29, 2019

Lyft shares had a strong debut on Friday (March 29), trading at $87.24, which is 20 percent higher than its IPO price of $72, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fintech Investments
Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
March 29, 2019

Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Lyft IPO Sets Price At $72 A Share
March 29, 2019

Lyft set the price for its initial public offering (IPO) of 32.5 million shares at $72 per share — valuing the company at more than $20 billion. According to CNBC, the company is expected to start trading on the Nasdaq exchange on Friday (March 29) under...

Investments
DocuSign Invests $15M In AI Contract Startup
March 28, 2019

San Francisco-based DocuSign has invested $15 million in Seal Software, a contract discovery and analysis startup, to help with the development of artificial intelligence (AI) that can read and analyze contracts, according to reports. Get the Full Story Complete the form to unlock this article...

Fintech Investments
Line To Expand Into Payments, FinTech To Avoid Complacency
March 28, 2019

Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and other FinTech services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
FinTech Startup Qupital Raises $15M For Chinese Expansion
March 28, 2019

FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Smartwatch And AI Startup Mobvoi Close To $1B Valuation With Google’s Help
March 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...