The valuations that have come out of Silicon Valley in the last few decades have been nothing if not eye-catching: $62.5 billion for Uber, $31 billion for Airbnb, Pinterest at $12.3 billion — you get the idea. And while those are the biggest unicorns —...
International investors are increasingly attracted to U.S. real estate — to the tune of $153 billion in 2016. The latest PYMNTS.com X-Border Receivables Report, in collaboration with Flywire, examines the uptick in international real estate activity with RE/MAX’s director of global development Gustavo Caricote. He...
Jacksonville, Florida-based sports apparel eCommerce retailer Fanatics recently closed a $1 billion venture capital round, according to news reports from Reuters. The funding round was led by Japanese multinational telecommunications provider SoftBank Group Corp’s Vision Fund and will see Fanatics valued at $4.5 billion. Fanatics sells...
The 1960s TV show “Lost in Space” featured a robot that would stand pat, robot arms akimbo, shouting in its robot voice, “Danger, Will Robinson, danger!” The filming was crude, the presentation abysmal, with the robot just a step or two up from tin cans...
Prodigy Finance, an online lender based in the U.K. that focuses on providing international student loans, has raised $240 million in venture capital equity funding. According to a news report in Reuters, the venture capital is a combination of debt and equity funding and will be...
Yunfeng Financial Group, co-founded by Alibaba’s Jack Ma, is making a $1.7-billion bid for the Hong Kong and Macau businesses of MassMutual, one of the oldest life insurers in the U.S. According to the Wall Street Journal, Yunfeng is joining the likes of Sina —...
Warren Buffett’s Berkshire Hathaway gave the financial world something of a surprise yesterday with the news that the firm had built a $520 million stake in Synchrony Financial during the second quarter. Synchrony — once a unit of GE — is a market leader in issuing store-branded credit...
SoftBank, the technology investment firm, has invested $2.5 billion in a funding round for Flipkart, the India eCommerce shopping company, marking the largest private investment in the country’s consumer tech market. According to a news report in The Economic Times, with the $2.5 billion investment, SoftBank...
Coinbase has raised $100 million in a Series D funding round, giving the digital currency startup a post-money valuation of $1.6 billion. TechCrunch reported news that the venture capital funding round, led by IVP — with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32...
