Cross-pollination in financial services — leveraging payments across digital and physical channels — is an emerging trend, especially when it comes to cross-border transactions, and especially with remittances. To that end, MoneyGram has received a $9 million investment from The Brink’s Company, which in turn...
SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2, which is seen as a sort-of sequel to the original fund, according to a report by The Wall Street Journal....
Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to a report by Bloomberg. Terms of the funding were not disclosed. Equinox, a majority stake owner in SoulCycle, is going...
HopSkipDrive, a rideshare company that focuses on getting children to school on time, has raised $22 million to expand on its mission to provide transportation to those who might not otherwise have it, especially homeless and foster children, according to a report. The Los Angeles-based...
Specializing in on-demand production of merchandise, Moteefe, an e-commerce platform, has obtained $5 million in Series A funding, according to published reports Thursday (Feb. 6). Gresham House and Force Over Mass Capital led the round to bring Moteefe’s total financing to $12.5 million. Launched in...
The decline of WeWork over the last year has had ripple effects, depressing investor confidence in the entire brand of property technology (PropTech), to which WeWork belongs. PropTech encompasses everything from building management technology — like sensors that capture real-time temperature-change data — to things like...
When mattress company Casper debuted its shares in an initial public offering (IPO) on Thursday (Feb. 6), they rose to a nearly 13 percent above asking price, according to a report by the Financial Times. However, the shares still fell short of what bankers targeted...
Logistics eCommerce shipping company Deliverr has raised $40 million in a Series C funding round, to help give companies that aren’t Amazon the ability to provide two-day shipping, according to a report by TechCrunch. Deliverr does not have warehouses or delivery vehicles, but it does...
Software-as-a-service (SaaS) startup Finix, which sells payments technology to other companies, has raised $35 million in a Series B funding round led by Sequoia Capital, with Activant Capital and Inspired Capital participating as well, according to a report. While Finix announced the investment, it did...
