South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...
FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
African money movement platform Zazuu has completed a $2 million fundraising round that will allow it to build a more robust remittance offering for residents living in the diaspora, Tech Nova reported Wednesday (July 13). Get the Full Story Complete the form to unlock this...
Venture capital (VC) investment firm Illuminate Financial announced Wednesday (July 13) that it has entered a strategic relationship with Citi, who joins existing investors Jefferies, J.P. Morgan, Deutsche Börse Group and S&P Global as a limited partner in Illuminate Financial’s VC strategy. Get the Full...
FinTech-focused private equity firm Motive Partners has closed its second flagship fund, Motive Capital Fund 2, totaling $2.54 billion in capital commitments for the fund and its related investment vehicles, according to a Tuesday (July 12) press release. Get the Full Story Complete the form...
BlackFin Capital Partners has announced Monday (July 11) a second closing, for €350 million ($351 million), of its Tech 2 fund, which is dedicated to European FinTechs and InsurTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Berlin-based FinTech startup Kadmos has secured 29 million euros ($29 million) to grow its payment processing platform for migrant workers, according to a Monday (July 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Klarna has raised $800 million in financing at a $6.7 billion post-money valuation from new and existing investors to grow its position in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
