Investments

Investments
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest Partners and Blue Star Innovation Partners, according to a press release on Tuesday (March 8). Get the Full Story Complete...

Investments
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Naqla Raises $10.5M for Egyptian Logistics Platform
March 07, 2022

Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in its commitment to advancing technology and digitization,” according to a company press release Monday (March 7). Get the Full Story...

Investments
CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
March 07, 2022

London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
NFT Trader Immutable Notches $200M Series C at $2.5B Valuation
March 07, 2022

Immutable, an Aussie startup for trading NFTs on Ethereum, raised $200 million in a Series C funding round at a valuation of $2.5 billion, according to a press release on Monday (March 7). Get the Full Story Complete the form to unlock this article and...

Investments
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following a $50 million Series C round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March 7) press release. Get the Full Story Complete the form to unlock this article and...

Investments
UAE BNPL Tabby Raises $54M in Series B Funding Round
March 07, 2022

Buy now, pay later (BNPL) startup for Saudi Arabia and the UAE Tabby raised $54 million in a Series B funding round led by Sequoia Capital India and Saudi venture capital firm STV, according to multiple media reports.  Get the Full Story Complete the form...

Investments
Zeller Bank Becomes Unicorn with Latest $100M Funding
March 04, 2022

Australian digital business bank Zeller raised $100 million in a Series B funding round that gave the startup a $1 billion valuation and brought its investment total to more than $181 million since June 2020. Get the Full Story Complete the form to unlock this...