Investments

Investments
Wagestream Raises $21.8 Million to Expand Financial Well-Being App
April 18, 2024

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds (about $8.7 million) by British Patient Capital alongside other co-investors, including Lombard Odier Investment Managers...

Investments
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors. The startup is also in discussions with rival food delivery companies about a potential merger, Bloomberg reported Wednesday (April 17), citing...

Investments
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
April 17, 2024

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to north of $53 million. “We are excited to welcome PayPal Ventures as a new shareholder,...

Investments
Flatpay Raises $48 Million to Expand POS, Payment Solutions Offering
April 17, 2024

Flatpay has raised 45 million euros (about $48 million) in a Series B funding round to expand its offering of point-of-sale (POS) systems and payment solutions designed for small and medium-sized businesses (SMBs). The Danish company will use the new funding to develop new products...

Investments
Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation
April 16, 2024

Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined...

Investments
Kotakt.io Gets $47 Million From Goldman Sachs for AI-Driven Healthcare
April 16, 2024

Health systems technology firm Kontakt.io has raised $47.5 million to expand its artificial intelligence (AI) solution. “Kontakt.io enables health systems to optimize patient, staff, and resource flows, improving safety, coordination, and service delivery,” the firm said in a Tuesday (April 16) news release.  “The company uses AI, the...

Investments
Finmid Raises $37 Million to Enable Embedded Financing in Europe
April 16, 2024

Finmid has emerged from stealth and announced it has raised 35 million euros (about $37 million) to expand its embedded financing solution to businesses across Europe. The company’s solution enables B2B platforms to offer their small and medium-sized business (SMB) customers tailored financing support, finmid...

Investments
Microsoft Invests $1.5 Billion in UAE AI Firm G42
April 16, 2024

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and marks the latest example of the United Arab Emirates’ (UAE) growing importance in the AI space. “Building on the two...

Investments
Google-Backed Lawhive Raises $11.8 Million for Online Legal Platform
April 15, 2024

Online legal platform Lawhive has secured 9.5 million pounds ($11.8 million) in funding from GV (Google Ventures) and Episode 1 Ventures. The company will use the new funding to further its mission of providing an artificial intelligence (AI)-powered platform designed to help lawyers save time...