Investments

SPAC
Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror
June 15, 2022

It seems safe to say that the halcyon days of the blank check company are behind us. 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...

Fintech Investments
The UAE’s Increasing Role as a Regional FinTech Hub
June 15, 2022

Home to two booming international financial centers — emirates Abu Dhabi and Dubai — the United Arab Emirates (UAE), the third-largest economy in the Arab League after Saudi Arabia and Egypt, is increasingly becoming a key regional facilitator of FinTech innovation, as the country continues...

Investments
Mobility Commerce Platform Metropolis Technologies Nets $167M for Parking Payment Tech
June 15, 2022

Mobility commerce platform Metropolis Technologies has raised $167 million in Series B funding, the company announced Wednesday (June 15). 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...

Investments
B2B eCommerce Platform Zoovu Raises $169M to Grow in US
June 15, 2022

Boston-based B2B and B2C eCommerce platform Zoovu has raised $169 million in a Series C funding round, according to a Wednesday (June 15) press release. The round was led by FTV Capital. Get the Full Story Complete the form to unlock this article and enjoy...

Fintech Investments
Today in FinTech: Smart Data; Logistics Payments; SMB Solutions; Reverse Logistics; Open Banking Startups
June 15, 2022

In today’s FinTech news, Affirm said its data analytics are a central component in knowing who will pay. Meanwhile, PayCargo is helping logistics firms on land, sea, and air manage digital payments. Plus, Mastercard is helping open banking startups scale. Get the Full Story Complete...

Investments
Bain-Led, $350M Funding Round Signals Next-Gen Food Delivery Has Arrived
June 15, 2022

As consumers increasingly expect to get their needs met on demand, food delivery is evolving beyond the aggregator. 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...

Investments
Pan African VC Fund Launch Africa Raises $36.3M
June 15, 2022

Pan-African venture capital fund Launch Africa Ventures has closed its $36.3 million fund, which it used primarily for investments in B2B and business-to-business-to-consumer startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Indian B2B Startup Groyyo Raises $40M to Expand Its Manufacturing Teams
June 15, 2022

B2B manufacturing and automation startup Groyyo has raised $40 million in a combination of debt and equity through a Series A funding round that it will use to grow its manufacturing teams as well as for product and tech development, VC Circle reported. Get the...

Investments
Cartlow Raises $18M to Further Grow in Saudi Arabia, UAE
June 15, 2022

Reverse logistics firm Cartlow has secured $18 million in a Series A funding round from AlSulaiman Group to further the startup’s expansion efforts in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), according to a Wednesday (June 15) press release published...