Stocks showed a strong push to begin a shortened first week to the new year, with a relative strong performance among winners outpacing declining issues. One company had double-digit percentage returns, and several had high single-digit percentage returns, while companies that lost ground did so...
Through a private equity offering, Redmond, WA-based engineering startup Otto Robotics has raised $1.5 million, according to a Securities and Exchange Commission filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Blockstack, a New York company that develops platforms for secure, server-less apps using blockchain technology, raised $5.3 million in a round of venture capital funding. According to a report, the funding was provided by Union Square Ventures. Get the Full Story Complete the form to unlock...
Financial stocks declined in trading on Thursday (Jan. 5), taking a break from a run-up ever since Donald Trump won the U.S. election, after the 10-year yield fell seven basis points to 2.37 percent. Get the Full Story Complete the form to unlock this article...
Funding Circle, the U.K.-based startup company that operates an online lending platform, has received an investment of £40 million from British Business Bank, the state-owned bank, but the money comes with strings. According to a report, Funding Circle has to use the funds to lend to...
This is the way the Investment Tracker ends the year — not with a bang or a whimper, but something in between. The week saw $320 million in activity, which is nothing to sneeze at, given the past weeks of comparatively anemic fund flow of...
Unicorns had some fluttering of wings into the end of 2016, more a soft rustling than might be termed full flight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Economic growth may pick up a bit during the Trump era, but don’t count on a rocket-fueled rally in GDP acceleration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Open-source eCommerce platform provider Magento Commerce recently snagged a whopping $250 million in new funding from one of China’s largest investment firms, Hillhouse. This latest fundraising puts Magento Commerce’s valuation at more than $700 million, according to a person familiar with the deal. Get the...
