Investments

Investments
Savana Raises $45M to Drive Digital Capabilities for Banks, FinTechs
August 02, 2022

Savana, a financial software startup for banks and FinTechs, has raised $45 million in Series A funding round, according to a Tuesday (Aug. 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Digital Bank Grasshopper Secures $30.4M to Drive Growth
August 01, 2022

Digital commercial bank Grasshopper Bank has raised $30.4 million to support its growth across the business and innovation economies and meet clients’ expectations by providing the latest technology and digital banking solutions. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Tartan Raises $4.5M to Scale Payroll Management Platform
August 01, 2022

India-based payroll and workforce management startup Tartan has closed a $4.5 million funding round that it plans to use to scale its go-to-market operations, expand its in-house engineering team, double its headcount to 110 and enhance its product offerings, The Economic Times reported Monday (Aug....

Investments
India’s Yes Bank to Sell Stake to Private Equity Firms for $1.1B
July 31, 2022

India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a $1.1 billion price tag, Reuters reported Friday (July 29). Get the Full Story Complete the form to unlock this article...

IPO
Instacart Eyes IPO Before Year’s End, Report Says
July 28, 2022

Instacart will likely go public before the end of the year, a move coming earlier than expected, unnamed sources told The Wall Street Journal (WSJ) Thursday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
FinTech IPO Index Sinks 3.3% as Economic Concerns Overshadow Earnings Season
July 28, 2022

The investing world is parsing the slew of earnings that are continuing to come from banks, from the payments networks. 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
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
July 28, 2022

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity fund that will back “projects with demonstrated traction from our portfolio and beyond,” according to a Thursday (July 28) company...

Fintech Investments
Portage Hopes to Raise $1B For Late-Stage FinTechs
July 28, 2022

FinTech fund Portage is putting together a structured equity fund focusing on backing late-stage financial technology startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Investments
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...