San Diego-based Classy, which builds fundraising software for nonprofits, said on Tuesday (April 20) that it has raised $118 million in venture funding. In a press release, the “social enterprise” said it would use the cash to “double the size of its product and engineering...
Chargebee, a subscription billing and revenue management platform, has reeled in an additional $125 million in venture funding. The Series G round was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners, and existing investor Steadview Capital also participated, Chargebee said...
Zoom has rolled out a $100 million fund for investing in software companies that build apps using its technology, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Alan, a French startup working on healthcare solutions, has raised $220 million in a funding round, TechCrunch reported. The company is now valued at $1.67 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Indian FinTech Startup Razorpay, a digital payments facilitator for businesses, is notching $160 million in a Series E funding round that values the firm at $3 billion, three times its October 2020 valuation of about $1 billion. The funding round is being co-led by GIC...
The “over the top” U.K. buy now, pay later (BNPL) startup Zilch has raised $80 million in funding, bringing its value to more than $500 million as it prepares to expand to the U.S. Get the Full Story Complete the form to unlock this article...
Clubhouse, the increasingly popular audio-based social media app, has closed a new Series C round, though it didn’t say how much it raised, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
London-based FinTech Revolut is on track to a fundraise that would value the company at between $10 billion and $15 billion, Sky News reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Regulators in Massachusetts are taking steps to pull Robinhood’s broker-dealer license, alleging that the digital trading app lures inexperienced investors and puts their money at risk, Reuters reported. Robinhood responded to the charge with a lawsuit accusing the Commonwealth officials of being “elitist.” Get the...
