Investments

Fintech Investments
What’s Behind Plaid’s $2.65B Valuation
December 12, 2018

One in every four consumers in the U.S. has touched this product. Some of them do so when they register their bank account credentials to their Venmo accounts, or set up an investment account with Robinhood, savings account with Acorns or loan repayment details with LendingClub....

Investments
Carvana Rival Vroom Raises $146M For Used Car Platform
December 12, 2018

Online auto retailer Vroom has announced a $146 million Series G funding round led by AutoNation. L Catterton, General Catalyst Partners, Fraser McCombs Capital and individual investors also participated in the round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
ShopKeep Closes $65M Growth Round
December 11, 2018

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
ParkJockey Tops $1B Valuation With SoftBank Investment
December 10, 2018

ParkJockey, a fully integrated parking technology solutions provider, has announced an investment from the SoftBank Group, bringing its valuation to more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
South Korea Payment App Toss Raises $80M
December 10, 2018

South Korean company Viva Republica, which is behind the payment app Toss, has become the country’s fourth unicorn startup after raising an $80 million funding round at a valuation of $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
SoftBank Mobile IPO Will Be Japan’s Biggest Ever
December 10, 2018

After a tumultuous week, SoftBank will release shares of its initial public offering (IPO) at about $13.25 a share (¥1,500) and raise an estimated $23.5 billion (¥2.65tn), according to a report from Financial Times. Get the Full Story Complete the form to unlock this article...

Investments
Yelp Faces Investor Call For Board Shakeup, Review Of Operations
December 10, 2018

SQN Investors, a longtime Yelp shareholder, is gearing up to push for new board representation as the company suffers from missteps that have hurt shares of the business review service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Marlboro Sees Opportunity In Canadian Cannabis
December 09, 2018

Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
SoftBank Vision Fund Investments Flirt With $100B
December 09, 2018

The SoftBank Vision Fund inched closer to its $100 billion target thanks to billions of dollars in tech investments around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...