Funds news and trends

Bilt Rewards Nets $60M in Funding
Investments // September 21, 2021

Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc....

India’s CARS24 Raises $450M at $1.84B Valuation
Investments // September 20, 2021

Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an estimated valuation of $1.84 billion, almost double its previous value. Get the Full Story Complete...

US Hospitals Ask For More Time To Spend COVID Funds
Healthcare // May 21, 2021

American hospitals want more time to use emergency COVID-19 funding and are asking the Biden administration to extend a June 30 spending deadline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Grab Launches $275 Million Fund To Help Community Partners
International // April 08, 2021

Singapore technology platform Grab is rolling out the GrabForGood Fund to assist its Southeast Asian drivers, merchants, and delivery partners in elevating the overall quality of life in their communities.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Interviews & Exclusives
How Endpoint Authentication Can Make (Or Break) The Digital Disbursement

July 22, 2020
Though speed was certainly a priority earlier this year when the U.S. federal government disbursed billions of dollars in relief funds to more than 127 million Americans (and counting), mishaps and delays raised some eyebrows and had many in the financial services community wondering: What went wrong? Get the Full Story Complete the form to […]

Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?

May 21, 2020
The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. Get the Full Story Complete the form to unlock this article...

Stimulus Relief Checks: Less Spending, More Saving

April 28, 2020
Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $ 2 trillion CARES Act that...

Why Slow Payments Aren’t Necessarily Safer Payments

October 30, 2019
As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money...

Quick Reads
Bilt Rewards Nets $60M in Funding

September 21, 2021
Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc. and Wells Fargo & Co., with participation from SL Green […]

India’s CARS24 Raises $450M at $1.84B Valuation

September 20, 2021
Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an...

US Hospitals Ask For More Time To Spend COVID Funds

May 21, 2021
American hospitals want more time to use emergency COVID-19 funding and are asking the Biden administration to extend a June 30 spending deadline. Get the Full Story Complete the form...

Grab Launches $275 Million Fund To Help Community Partners

April 08, 2021
Singapore technology platform Grab is rolling out the GrabForGood Fund to assist its Southeast Asian drivers, merchants, and delivery partners in elevating the overall quality of life in their communities. ...