The investment pond was more or less tranquil this week, with only around $118M in total activity exciting the waters. And though most investors have been more focused on the latest round of earnings, Polish beacon firm Kontakt.io managed to pick up another $5M to...
In its latest move towards building muscle against ride-hailing companies in the Asian market, Uber has raised another $200 million from Russian billionaire Mikhail Fridman’s investment fund, LetterOne (L1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In a divergence from its traditional method of tech investing, Spanish banking firm BBVA is closing its venture arm, known as BBVA Ventures. The parent company will then take the $100 million it had in that fund, along with an additional $150 million, and form...
Lyft investors Andreessen Horowitz and Peter Thiel’s Founders Fund discreetly sold off part of their stakes to Saudi Arabia’s Prince al-Waleed bin Talal and his Kingdom Holding Co. for $148 million in a deal authorized by the ride-hailing startup. Get the Full Story Complete the form to unlock this article...
One financial industry heavyweight is putting his money where his bank is. 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...
The era of big data is a dual-sided promise and problem coin for those who try to leverage it to build their bottom line. The good news is that through the combined power of cloud processing, mobile technology and an increasingly ubiquitously digitally enabled landscape,...
The eCommerce startup scene in Africa just got a big push with a new $83 million funding for 10 eCommerce ventures, which are counted among the top in Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
LinkedIn’s dismal guidance set the stage for a massive selloff in tech stocks on Friday. But there are other clouds gathering on the horizon for momentum-propelled stocks — and not just social media companies.
FinTech firm Spotcap, based in Berlin and founded and backed by Rocket International, focuses on small business lending and has just grabbed €31.5 million ($34.4 million) in its latest funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
