Investments

Investments
Shop Circle Raises $120 Million to Develop eCommerce Tools
September 06, 2023

Shop Circle has secured $120 million in Series A funding to further develop its suite of eCommerce tools. The firm also aims to solidify its position as a one-stop shop for software for eCommerce merchants, Shop Circle said in a Thursday (Sept. 7) blog post. “Our...

Investments
Wayflyer Bolsters Growth Platform With $1 Billion Financing
September 06, 2023

Wayflyer, a revenue-based financing and growth platform for eCommerce businesses, has secured $1 billion dollars in financing from investment management firm Neuberger Berman. This off-balance sheet program will enable Wayflyer to deploy capital to its extensive network of over 3,000 eCommerce merchants globally, the company said...

Investments
Momnt Raises $15 Million to Grow Lending and Financing Platform
September 06, 2023

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the point-of-sale (POS) financing sector, beginning in the home improvement industry and then expanding into other verticals, the company said in a Wednesday...

Investments
Buttnernut Box Raises Over $350 Million Amid Pet Care’s D2C Shift
September 05, 2023

With consumers disproportionately turning to eCommerce channels to get their pet supplies — and willing to pay a premium to do so — Butternut Box is bringing in funding by the hundreds of millions. The United Kingdom-based direct-to-consumer (D2C) brand, which sells dog food subscriptions, announced Monday...

Investments
ThetaRay Raises $57 Million for AI-Driven Financial Crime Detection
September 05, 2023

Payments firm ThetaRay has raised $57 million to boost its financial crime detection capabilities. The growth round, announced Tuesday (Sept. 5), was led by Portage and will allow ThetaRay to accelerate its global growth plans. “Global payment infrastructure too often fails to accurately differentiate between perfectly legitimate transactions...

Investments
Ivy Secures $20 Million in Funding to Expand Global Open Banking Network
August 31, 2023

Berlin-based startup Ivy has raised $20 million in Series A funding to expand its global network for open banking payments. “Ivy is building a network of networks for instant bank payments,” Ivy Co-founder and CEO Ferdinand Dabitz said in a Thursday (Aug. 31) post on LinkedIn announcing the new funding. “Over...

Investments
JPMorgan Boosts Investment in Brazil’s C6 Bank
August 29, 2023

J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing a statement released by the banks. This expanded investment comes after J.P. Morgan initially bought...

Investments
TruLite Health Secures $7 Million in Funding for Health Equity Solutions
August 29, 2023

TruLite Health, a company focused on health equity solutions, has closed a $7 million Series A financing round. The funding will be used to accelerate the organization’s commercial growth, enhance client support resources and expand product offerings, the company said in a Tuesday (Aug. 29) press...

Investments
MoonPay Launches Investment Arm to Drive Web3 Adoption
August 29, 2023

Web3 infrastructure company MoonPay has launched an investment arm that aims to support and collaborate with startups in the Web3 and FinTech ecosystems. The new MoonPay Ventures will provide capital and access to resources, mentorship and industry expertise to early-stage companies, with the goal of driving industry-wide value...