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JUNE 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Xingsheng Youxuan recently filed paperwork to go public in 2020, investment research firm EqualOcean reported.

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Startups Valuation Investments Finance 109

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. He did not reveal the amount of the investment, but said it would significantly raise the company’s valuation.

Startups 62

Startups Investments Banking Valuation 62

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JANUARY 30, 2019

Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. According to a report in CNBC , citing The Information, with the $100 million investment by Tiger Global Management , Stripe now has a valuation of $22.5

Valuation 82

Valuation Startups Leverage Investments 82

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SEPTEMBER 26, 2019

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. billion valuation. billion valuation. The startup sells screen-equipped fitness bikes and treadmills ranging from $2,200 to $4,000 alongside its $40 per month on-demand workouts.

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Valuation Startups Investments Planning 47

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APRIL 26, 2019

Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. It is also closer to the $76 billion valuation it had after its latest round of funding.

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Valuation Investments Profit and Loss Startups 56

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NOVEMBER 9, 2020

Nuro , a startup focused on robotics use in daily life, has raised $500 million in a Series C funding round, according to a Medium post. The round was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford.

Startups 99

Startups Valuation Transportation eCommerce 99

PYMNTS

JANUARY 28, 2019

China’s startup market had a good year in 2018, with close to 100 technology companies garnering a valuation of more than $1 billion. According to the report, Hurun, which also produces the annual rich list for China, found there are 186 Chinese tech startups that have valuations of more than $1 billion.

Startups 79

Startups Valuation Education Investments 79

PYMNTS

NOVEMBER 12, 2019

Alibaba -backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday (Nov. The new investments put Guangzhou-headquartered XPeng at a valuation of almost $4 billion, the sources told Reuters. 12), citing sources.

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Valuation Startups Transportation Manufacturing 43

PYMNTS

NOVEMBER 24, 2020

According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as $100 billion, Bloomberg said. If it got as high as $100 billion, it would make Stripe one of the most valuable venture-backed startups in the country, Bloomberg reported.

Valuation 117

Valuation Startups eCommerce Sales 117

PYMNTS

JANUARY 10, 2019

startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 Some GPs and LPs have already expressed concern that excess capital has led to inflated round sizes and valuations. VCs will still have an immense trove of capital to invest.”. billion went to startups in 2,072 deals.

Startups 77

Startups Valuation Investments Economics 77

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. billion garnered only 18 months ago. With the $14.5

Valuation 92

Valuation Banking Startups Economics 92

CFO News

FEBRUARY 12, 2023

The Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely held companies, excepting DPIIT-recognised startups, under the tax net.

Investments 52

Investments Valuation Startups Finance 52

PYMNTS

JANUARY 20, 2019

Lime and Bird , the two electric scooter startups that raised hundreds of millions of dollars in funding in 2018, are aiming to raise more but at a lower valuation. That is under the $3 billion or higher valuations they were fetching in years past. But with the lower valuations, it appears that business is starting to fray.

Valuation 62

Valuation Startups Investments Numbers 62

PYMNTS

NOVEMBER 24, 2020

Record sales following a massive staff reduction prompted point-of-sale (POS) restaurant technology (ResTech) startup Toast to hold a share purchase offering on an $8 billion valuation. The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 billion valuation. .

Startups 92

Startups Valuation Sales Planning 92

PYMNTS

SEPTEMBER 26, 2018

Stripe, the payments startup, has raised $245 million in a new round of venture funding, giving the company a valuation of $20 billion. Stripe’s latest fundraising also underscores the strong environment for startups to raise money and garner huge valuations.

Valuation 73

Valuation Startups Economics Investments 73

PYMNTS

MARCH 23, 2020

Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to a report by TechCrunch. In September of last year, Cazoo’s valuation was around $220 million. That brings the total raised by Cazoo up to 180 million pounds ($209.8

Valuation 52

Valuation Startups Sales Finance 52

PYMNTS

APRIL 8, 2019

digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. s second-most valuable FinTech startup, behind small business lender OakNorth. million customers. Another asked: “How much are Round One investors smiling today?”

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Valuation Banking Investments Startups 47

PYMNTS

DECEMBER 11, 2020

A new funding round for the Stockholm-based FinTech Tink boosted the startup’s valuation over 60 percent to €680 million ($825 million), according to a CNBC report on Friday (Dec. The firm’s valuation is up more than 60 percent from the €415 million it was worth in January, the sources said. 11), citing sources.

Startups 86

Startups Valuation Banking Investments 86

PYMNTS

JUNE 11, 2019

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 The funding comes a few months after Brex raised $125 million, giving it a valuation of $1.1 Brex extends credit to startups based on the amount of money in their corporate bank accounts.

Valuation 65

Valuation Startups eCommerce Investments 65

PYMNTS

NOVEMBER 14, 2018

Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. billion valuation, the publication said. billion valuation, the publication said. Last month, it was revealed that Instacart raised $600 million, giving it a valuation of $7.6 billion.

Valuation 62

Valuation Startups Retail Investments 62

PYMNTS

MARCH 7, 2016

Could Fidelity’s latest investment in Snapchat at a valuation of $16 billion actually indicate trouble for the social newcomer? has raised $175 million in new funding from Fidelity Investments. Mutual funds in particular have clamped down on their wild startup bets. According to The Wall Street Journal , Snapchat Inc.

Valuation 40

Valuation Investments Startups Retail 40

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FEBRUARY 21, 2019

After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it led a funding round for storage service firm Clutter. With a $200 million boost, the startup is said to have a post-investment value of $600 million, CNBC reported.

Valuation 43

Valuation Startups Investments Finance 43

PYMNTS

NOVEMBER 12, 2018

Startups just in their infancy are getting attention from seed investors — but unlike the dotcom days when every idea got some form of funding, investors are being choosier, resulting in fewer deals but with the ones getting funding enjoying surging valuations. The median valuation for seed companies increased to $7 million from $4.7

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Valuation Numbers Startups Investments 57

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SEPTEMBER 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion.

Startups 70

Startups Valuation CFO Investments 70

PYMNTS

DECEMBER 12, 2018

A coffee startup in China that’s gunning for Starbucks has raised $200 million in a Series B funding round, bringing the company’s valuation to $2.2 billion, according to a report. Luckin, which soft-launched in January, also raised $200 million in July.

Startups 49

Startups Investments Valuation Sales 49

PYMNTS

JANUARY 7, 2020

Despite headline-grabbing startup debacles, U.S. In nine months, the valuation for Silicon Valley’s Chime grew to four times its original size, with investors offering $1.8 billion when the startup was looking for $500 million in December, a source told FT. billion with the latest round, over twice its February valuation.

Startups 52

Startups Valuation Investments Finance 52

Barry Ritholtz

JANUARY 12, 2024

As co-CEO, Marcus develops and leads the company’s global strategy; as global COO, she is responsible for overseeing business and investment operations globally. Finance in 2023 She discusses how from an early age, she was primarily interested in all aspects of real estate, from architecture to investments.

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Valuation Investments Startups Finance 115

PYMNTS

JANUARY 15, 2021

Poshmark saw its valuation more than double following its Nasdaq debut, with shares closing at $101.50, the Wall Street Journal (WSJ) reported on Thursday (Jan. Poshmark’s valuation is now over $3 billion, up from $1.25 Poshmark joins a slew of digital startups filing IPOs as the coronavirus pandemic continues to fuel eCommerce sales.

Valuation 60

Valuation Startups eCommerce Sales 60

PYMNTS

DECEMBER 5, 2019

Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 The funding, led by DST Global, is the largest individual equity investment for a challenger bank, surpassing NuBank’s $400 million, which was also led by DST Global, according to CB Insights. 5), citing sources.

Valuation 57

Valuation Banking Startups Accounting 57

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FEBRUARY 21, 2019

Global investment firm SoftBank’s Vision Fund led a $1 billion funding round for Flexport, a logistics and freight startup, according to reports. News of the investment comes 24 hours after the vision fund led a $200 million investment in storage company Clutter. Amazon has also been investing in its own logistics lately.

Investments 43

Investments Startups Valuation Technology 43

PYMNTS

MAY 3, 2020

San Francisco tech startup founders are accepting tougher funding terms — if they can even get any money — as many announce layoffs, cuts and spending freezes amid the global coronavirus pandemic, according to the Financial Times (FT). “At They kind of went from fear of missing out to a more patient stance on investments.”.

Startups 63

Startups Valuation Economics Investments 63

PYMNTS

JULY 27, 2020

Online health startup Ro is valued at $1.5 billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported.

Startups 60

Startups Valuation Profit and Loss Healthcare 60

PYMNTS

JULY 29, 2020

TransferWise , the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). through the TransferWise borderless account, with the new product set to launch within a year.

Valuation 65

Valuation Startups Sales Investments 65

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JULY 23, 2019

The Series D funding round tips Bird’s valuation above the $2.3 billion where it was pegged last year, double the startup’s previous valuation, three people with knowledge of the deal told reporters on Monday (July 22). The startup grew fast, bringing fleets of scooters to cities around the globe.

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Valuation Startups Manufacturing Economics 58

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This startup connects founder and employees to a solution that can help them understand their equity.

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

JANUARY 20, 2017

Big news from German startup investment company Rocket Internet suggests it plans to come back strong in 2017. Rocket Internet just recently closed a new $1 billion venture fund it will use for investing in early-stage and growth internet startups.

Startups 51

Startups Investments Valuation Forecasting 51

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MARCH 27, 2019

Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010.

Startups 60

Startups Valuation Manufacturing Securities 60