Investments

Investments
UK FinTech Banked Raises $15M for US Expansion
November 15, 2022

U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Indian FinTech Lentra Nets $60M on $400M Valuation
November 14, 2022

India-based lending software provider Lentra has raised $60 million in a Series B funding round and said it will use the new capital to expand into international markets, make acquisitions and enhance its products.  Get the Full Story Complete the form to unlock this article...

Investments
Report: Ant Group’s Consumer Finance Unit Plans to Raise $1.5B
November 14, 2022

Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in new capital to help it make loans. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Report: Italian Bank Intesa to Sell Stake in Payments Firm Nexi
November 14, 2022

Italian bank Intesa Sanpaolo has reportedly announced it will sell its stake in the Italian payments firm Nexi while continuing its strategic relationship with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. Get the Full Story Complete the form to unlock this article...

Investments
October’s VC-Backed Funding Rounds Value Was Lowest of the Year
November 11, 2022

The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Egyptian Digital Lender Blnk Raises $32M
November 10, 2022

Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Report: Tiger Global Cuts Tech Investments by Billions of Dollars
November 09, 2022

As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of its private stock in tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...