Dance secured 12 million euros (about $13 million) in a funding round to grow its electric mobility subscription services in Paris, Berlin, Hamburg and Munich. The company will use the new funding to further develop its hardware and software and expand its fleet of electric bikes...
Binance has secured a $2 billion investment from Abu Dhabi tech investor MGX. The cryptocurrency platform says the deal, announced Wednesday (March 12), is noteworthy for two reasons: it’s the first institutional investment in Binance and the largest crypto-related deal ever conducted using stablecoins. According...
Fortis will accelerate its efforts to expand its embedded payments offerings after securing a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners (LMP). The capital infusion and the addition of the expertise and resources of Audax will strengthen Fortis’ market position...
Investment firm Corsair Capital has acquired a majority stake in German identity verification platform IDnow. The company announced the deal last week, and while no dollar amount was given, sources told the news outlet Sifted that Corsair’s investment was worth $295 million. Founded in 2014,...
Automation-focused FinTech platform Worth raised $25 million in new funding. The capital will help Worth enhance its platform, which specializes in onboarding and underwriting workflow automation, the company said in a Wednesday (March 12) news release. “Enterprises are often held up by time-consuming underwriting and...
Banking-as-a-Service (BaaS) and embedded finance firm Synctera raised $15 million in new funding. The financing brings Synctera’s total funding to $94 million and will help support the acceleration of its growth and meet the more complex needs of its customers, according to a Tuesday (March...
Crypto payments network Mesh raised $82 million in a Series B funding round to accelerate product development and the expansion of its application programming interfaces (APIs). The company’s technology is already available to more than 400 million users in more than 100 countries through its...
Regulatory artificial intelligence (AI) agent company Norm Ai said Tuesday (March 11) that it raised another $48 million in funding, bringing to $87 million the total funding it raised in the past 18 months. Norm Ai will use the new funding to accelerate the development of...
Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company’s seed funding round will help support the launch of Rakurai’s Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news...
