Companies that want to go public during the first part of the year are hampered by a key roadblock: The month-long government shutdown has also shuttered the Securities and Exchange Commission (SEC), which usually works with companies for months before approving an IPO. Now, some...
MarketInvoice, the FinTech, announced on Monday (Jan. 21) that it has raised £26m in new equity funding. In a press release, MarketInvoice said the Series-B funding round was led by Barclays and FinTech fund Santander InnoVentures. Other participants include European venture fund Northzone, an existing...
Warung Pintar, a startup in Southeast Asia aiming to help traditional merchants digitize their businesses, has raised $27.5 million in funding. According to a report in TechCrunch citing the 18-month-old company, Warung Pintar exclusively caters to local merchants. It competes against Bukalapak, a leading startup...
Zwipe, the biometrics payment company, has raised $14 million in venture funding, reported TechCrunch. According to a report in TechCrunch, citing Zwipe, the funding came the way of a Series B round which was raised by an offering of 6 million new shares. According to...
Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. The exact size of the investment isn’t being released, but Pham Thanh Duc, CEO of M-Service, which...
For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. As reported by Bloomberg, a selloff was sparked on Friday among small cap stocks that belong to FinTechs. The website offered...
Thanks to the trade war between the U.S. and China and a slowing economy in China, some of the richest investors in the country are gearing up to adopt a more conservative approach to investing. Barron’s, citing research from Hurun Research Institute, said of the...
SQN Investors, an investment firm that owns 4 percent of Yelp, is calling on the company to follow its recommendations to grow the business or prepare for a proxy fight. Bloomberg, citing SQN, which is among Yelp’s biggest shareholders, reported the tech-focused investment firm thinks...
Delivery logistics platform Bringg announced that it has raised $25 million in new funding, bringing its investment total to $53 million. The Series C round adds Next47, the Siemens-backed global venture firm, to Bringg’s existing list of investors, including Salesforce Ventures, Aleph VC, OG Ventures...
