Investments

Investments
US Lawmakers Push Bill That Could Block FinTech, AI Investments in China 
June 14, 2022

The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a threat to the national security, but a new proposed bill could extend the government’s powers to block U.S. investments in...

Investments
Healthcare Distributor bttn Valued at $110M After $20M Series A Round
June 13, 2022

Healthcare distribution tech platform bttn wrapped up a $20 million Series A funding round that puts its valuation at $110 million, according to a Monday (June 13) company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
India’s 8i Ventures Sells Part of M2P Fintech Stake at 36x+ Return
June 13, 2022

Early-stage venture capital firm 8i Ventures said Monday (June 13) that it had sold part of its seed stake in Banking as a Service (BaaS) FinTech M2P Fintech, earning more than 36 times its original investment price in the process, according to The Economic Times....

Investments
Menlo Ventures’ Aunkur Arya: FinTech ‘Growth at All Costs’ Pales Next to Capital Efficiency
June 13, 2022

For FinTechs, and for the venture capital firms that fund them, the mantra “growth at all costs” is so 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
VCs Say EU Firms Can Still Win Big Without US Expansion
June 13, 2022

The quality of entrepreneurs in Europe has improved over time, and instead of going to work for Goldman Sachs or McKinsey, the new generation of European talent are more likely to start their own businesses to tap into the thriving startup ecosystem, says Thomas Cuvelier,...

Investments
Razorpay Helps FinTech HostBooks Raise $3M
June 10, 2022

HostBooks, an Indian FinTech startup focused on micro, small and medium enterprises (MSMEs), has raised $3 million in a Series A round led by payments platform Razorpay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Beneficial State Bank Closes on $218M in Treasury Funding to Small Business, Consumers in Marginalized...
June 09, 2022

Beneficial State Bank closed on an equity investment of $218 million from the U.S. Treasury’s Emergency Capital Investment Program (ECIP) Thursday (June 9), which will support expanded lending to smaller businesses and low- to moderate-income customers. Get the Full Story Complete the form to unlock...

Investments
Middesk Raises $57M Toward Business Identity Improvements
June 09, 2022

Identity platform Middesk, which works to automate business verification and underwriting, has raised $57 million in a Series B round to fund new products, scale its team and provide education on business identity, according to a press release Thursday (June 9). Get the Full Story...

Investments
FinTech Backbase Raises $128M to Boost Consumer-Focused Engagement Banking
June 09, 2022

Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to bolster its position in the space, according to a company press release Thursday (June 9). Get the Full Story Complete...