Investments

Investments
Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
October 04, 2022

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 —...

Investments
Grover Agrees to $260M Debt Financing Facility With M&G
September 28, 2022

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...

Investments
Payments Startup Satispay Raises €320M, Is Italy’s Newest Unicorn
September 28, 2022

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...

Investments
Strike Raises $80M to Grow Its Bitcoin-Based Payment Network
September 27, 2022

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...

Investments
Report: India’s BigBasket Looks to Raise Funds Toward $3B Valuation
September 27, 2022

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....

Investments
Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 
September 26, 2022

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....

Investments
VC Firm Point Nine Raises €180M to Back B2B Marketplaces, SaaS
September 26, 2022

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...

Investments
Paris Food Tech Startup Raises $80M to Expand Virtual Food Delivery Franchise 
September 26, 2022

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...

Investments
UK Digital Mortgage Lender Perenna Closes $30M Series A
September 26, 2022

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....