Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Payments startup Satispay raised 320 million euros ($306 million) in a Series D funding round that boosted its valuation to 1 billion euros, making it the latest FinTech unicorn among Italy’s few. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing partnerships and launch new partnerships. Get the Full Story Complete the form to unlock this...
Indian grocery delivery service BigBasket has launched a new funding round that could bring the company’s valuation to $3.5 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
German venture capital firm Point Nine, which backs companies including Delivery Hero, Revolut and Typeform, has raised €180 million in a new seed fund to support business-to-business (B2B) marketplaces and software-as-a-service (SaaS) startups, a report from Sifted said Monday (Sept. 26). Get the Full Story...
Food tech startup Not So Dark (NSD) has raised $80 million in a Series B funding round it will use to further expand its virtual food delivery franchise model across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.K.-based digital bank Perenna has closed a $30 million Series A funding round, as reported in AltFi Monday (Sept. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....