Investments

Investments
Paidy Raises $55M In Round Of Funding
July 12, 2018

Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55 million in a round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
JD Finance Raises $2B, Doubles Valuation Pre-IPO
July 11, 2018

JD.com’s finance unit has raised $1.96 billion in a new round of 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....

Investments
Secoo Gets $175M Investment From L Catterton Asia, JD.com
July 10, 2018

On Tuesday (July 10), L Catterton Asia, the Asian unit of consumer-focused private equity firm L Catterton, and Chinese retailer JD.com announced a strategic partnership with Secoo Holding Limited, one of Asia’s online integrated upscale products and services platforms. Through the partnership, L Catterton Asia...

IPO
Tencent To Spin Off Internet Music Business
July 09, 2018

Tencent, the Chinese company, is gearing up to spin off its Internet-based music business with a listing of shares to happen in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Sonos Pushes Forward With IPO
July 06, 2018

Though not much of a surprise to anyone, speaker company Sonos has filed to go public, and will likely be trading on the public markets by the end of the month. The Wall Street Journal first reported that a June IPO was in the firm’s future...

Investments
Walgreens Invests In Leading Chinese Pharmacy GuoDa
July 06, 2018

Following regulatory approvals, Walgreens Boots Alliance said on Thursday (July 5) that the company completed an agreement to acquire a 40 percent stake of Sinopharm Holding GuoDa Drug Store. Walgreens received the stake in the Chinese pharmacy chain for a capital increase of approximately $416...

Investments
ThetaRay Notches $30M In Funding
July 04, 2018

Cybersecurity firm ThetaRay has notched more than $30 million in a funding round, bringing its total fundraising to over $60 million. The company counts Bank Hapoalim, Jerusalem Venture Partners, General Electric, OurCrowd and SVB as investors, Reuters reported. Get the Full Story Complete the form...

Investments
Cybersecurity Stocks Still Benefit From Equifax Scandal
July 04, 2018

Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments that track the industry. The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. Get the Full...

Investments
PaySend Raises $20M In Venture Funding To Fuel Expansion
July 04, 2018

PaySend, the global payments company, announced on Tuesday (July 3) that it closed a $20 million funding round. 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...