Payments-as-a-service (PaaS) platform mx51 has secured $32.5 million in a Series B funding round, according to a press release on Thursday (July 28). The funding will be used to expand its global footprint as the startup works to help banks, acquirers and merchants stay up...
Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over 9.8 million euros ($10 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C funding round announced in February being earmarked to drive low-code technology as an accelerator for IT innovation. Get the Full...
Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
B2B marketplace and eCommerce payments platform Balance announced a $56 million Series B fundraising round Tuesday (July 26), bringing the company’s total funding to $87 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As European private equity (PE) funds adapt their strategies to the current climate of rising interest rates and a bear market, deals continue to pass the line despite a more cautious approach from investors and a longer-term exit vision. Get the Full Story Complete the...
Ghost kitchen and restaurant technology hub Kitchen United raised $100 million in a Series C funding round to further evolve its multi-concept ordering technology platform currently being used by Burger King, Popeyes, Panera Bread, Wingstop, Brinker International and many others. Get the Full Story Complete...
B2B accounts payable (AP) Payments-as-a-Service (PaaS) company Finexio has closed a $30 million fundraising round at a $100 million pre-money valuation, according to a Monday (July 25) company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cartona, an Egyptian B2B eCommerce marketplace for the fast-moving consumer goods (FMCG) space, has raised $12 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
