Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude about the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European tech startups are getting a new source of funding thanks to a new $200 million investment from Japan-based SoftBank. The news comes as concern builds about young companies spending too much and not holding enough capital as worries about the global economy increase. Get...
GoCardless, the global player in recurring payments, announced Monday (February 18) it has landed $75 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...
China is looking for foreign investment in its larger state-owned enterprises (SOEs). 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...
One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding. The company, which filed documents in Delaware that mentioned a “Series E-2,” is looking for a valuation of $3.7 billion, according to...
Ride-hailing app Lyft, an Uber competitor in the U.S. and Canada, is attempting to become the first publicly listed ride-hailing company, according to a report from Reuters. However, so is Uber. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Following the unveiling of its electric vehicle concepts in 2018, Rivian Automotive LLC has notched a $700 million equity investment led by Amazon. And the electric automaker, which is based in Michigan, is reportedly in discussions with General Motors about potential funding, Bloomberg reported. Get...
Finablr, a payments and foreign exchange company in the United Arab Emirates (UAE), said it will launch an Initial Public Offering (IPO) next month, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
TuSimple, a driverless truck startup in California, has achieved unicorn status — a valuation of $1 billion— after a series D funding round that brought in $95 million, according to a report by CNBC. Get the Full Story Complete the form to unlock this...