Investments

Investments
Startup Nymbus Closes $53 Million Series C To Scale BaaS
February 10, 2021

Banking-as-a-service (BaaS) startup Nymbus raised $53 million in a Series C funding round led by existing investor Insight Partners. 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
Monzo Looks To Top Off Series G With $69 Million Down Round
February 09, 2021

London FinTech Monzo is looking to top up its Series G funding round by £50 million ($69 million) on a lower valuation, UK Tech News reported on Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Multilingual Neobank Fair Raises $20 Million To Address Racial Wealth Gap
February 09, 2021

The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in March, the company said in a press release on Tuesday (Feb. 9). The backers were...

Investments
Reddit Valuation Hits $6 Billion With New Funding
February 09, 2021

Story- and conversation-hosting website Reddit‘s valuation has surged to $6 billion with a $250 million investment the company announced on Monday (Feb. 8). “We decided that now was the right opportunity to make strategic investments in Reddit, including video, advertising, consumer products and expanding into...

Investments
eCommerce Tech Firm Fabric Lands $43 Million In Series A Funding
February 09, 2021

Headless commerce technology provider Fabric landed $43 million in a Norwest Venture Partners-led Series A funding round, with additional participation from Sierra Ventures and Redpoint Ventures. The infusion will be used to speed up product development of its headless commerce platform, grow the Fabric workforce...

Investments
Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
February 09, 2021

Mesh Payments, which works in corporate payment processing, has completed a financing round with $13 million, according to an emailed Tuesday (Feb. 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Getaway Raises $41.7M To Expand Cabin Leasing Options Outside Major Cities
February 08, 2021

Getaway, a Brooklyn, New York-based company that leases tiny cabins in the woods, says it has raised $41.7 million in Series C funding and will use the capital to expand across the United States. In a news release announcing the investment, the company stated that...

Investments
Autonomous Vehicle Tech Pony.ai Raises $100 Million
February 08, 2021

Pony.ai, a California developer of self-driving car technology that has landed big investments from Toyota and other major automobile players, has raised another $100 million, Venturebeat reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Supply Chain Finance Firm Greensill Capital Puts Capital Raise On Ice
February 08, 2021

Supply chain financing company Greensill Capital delayed a new round of fundraising by several months after increasing the amount it wants to raise, the Wall Street Journal reported, citing “people familiar with the matter.” Get the Full Story Complete the form to unlock this article...