Investments

Investments
Bizongo Valued at $600M After $110M Series D Fundraising Round
December 06, 2021

SmartPaddle Technology Pvt. Ltd, which owns and operates packaging materials platform Bizongo, has raised ₹825 crore ($110 million) through its recent Series D fundraising round, according to regulatory filings, Mint reported Monday (Dec. 6), putting its value at ₹4,500 crore ($600 million). Get the Full...

Investments
Female-Founded Finnish FinTech Enfuce Raises $51M in Series C
December 06, 2021

Female-founded Finnish payment services provider Enfuce raised €45 million ($51 million) in a Series C investment round led by Vitruvian Partners, with participation by Tencent, Maki.vc and other early-stage investors, according to a press release on Monday (Dec. 6). Get the Full Story Complete the...

Investments
Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
December 06, 2021

The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and a $1 billion valuation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
UK’s Carwow Raises $55M to Expand Online Car Marketplace
December 06, 2021

Fueled by the pandemic, digital car sales are still going strong. On Monday (Dec 6.), London-based online car marketplace Carwow announced that it has secured $55 million in new funding, as it looks to take on rivals in the new and used vehicle market. Get...

Investments
Smartphone Procurement Firm everphone Raises $200M 
December 06, 2021

The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe, with an eye towards a launch in the U.S., according to a Monday (Dec. 6) press release. Get the Full...

Investments
Carwow Drives $55M in Funding
December 06, 2021

In a drive to speed up technology and platform advancement, London-based online vehicle marketplace Carwow has secured $55 million in investments from Hercules Capital, according to a Monday (Dec. 6) report from UK Tech.  Get the Full Story Complete the form to unlock this article...

Investments
Kohl’s Urged to Sell Company or Spin off eCommerce Business
December 05, 2021

Kohl’s, the second-largest U.S. department store chain, has been urged by activist investors to either sell itself outright or consider a spin-off of its eCommerce division in a bid to boost its stock price. Get the Full Story Complete the form to unlock this article...

Investments
Lamaa Gets Investment in Series A From Wa’ed for SMB Digitization
December 02, 2021

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested in the Riyadh-based FinTech startup Lamaa, the companies announced Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Express Delivery Startup Jokr Raises $260M at $1.2B Valuation
December 02, 2021

Instant grocery delivery startup Jokr closed a $260 million Series B funding deal that puts the company’s valuation at $1.2 billion, giving it unicorn status nine months after launching, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...