Remove 2012 Remove Capital Remove Management Remove Operations
article thumbnail

TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

Capital 130
article thumbnail

Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion

PYMNTS

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grab May See $1B Investment From SoftBank Vision Fund

PYMNTS

As it stands, Grab , which launched in 2012, has operations in areas like Thailand, Vietnam and Malaysia. (Sources have since told Reuters that the company plans to invest two times that much at a minimum.) Aside from SoftBank, Microsoft, Toyota and Didi Chuxing serve as the company’s main backers.

Capital 184
article thumbnail

Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. based digital payments firm, has increased its valuation to $15 billion following the closing of a Tiger Global Management-led $450 million Series C funding round. Checkout.com, which was started in 2012, recently brought an office to New York City.

Detroit 135
article thumbnail

Target Aims To Purchase Delivery Startup Deliv

PYMNTS

“Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days,” she wrote. Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Google and Enterprise Holdings Inc.,

Google 177
article thumbnail

European Mobility Platform Bolt Notches ?100M Investment

PYMNTS

Naya Capital Management, the investment manager that Masroor Siddiqui started in 2012, made the investment, according to an announcement. Villig pointed to the company’s frugal approach to operating as aiding in keeping the layoffs at bay.

Mobile 130
article thumbnail

nCino To Go Public

PYMNTS

nCino, which was founded in 2012, said it will use the proceeds of its stock sale to purchase additional office buildings, and may also use a portion to acquire, invest in or obtain rights to complementary technologies, products, services or businesses. . BofA Securities and Barclays are the managers for the proposed offering.