Investments

Investments
Indonesian FinTech Ayoconnect Gets $15M in Series B Funding
January 31, 2022

Open finance platform Ayoconnect has closed a $15 million Series B funding round and plans to use the money to launch new products and increase its capacity, IBS Intelligence reported Monday (Jan. 31). Get the Full Story Complete the form to unlock this article and...

Investments
Egypt’s eCommerce Platform Brimore Nets $25M for Growth
January 31, 2022

Brimore, which calls itself Egypt’s largest social commerce platform, has closed a $25 million Series A funding round, the company announced in a Monday (Jan. 31) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Pennylane Raises $57M Series B to Expand Business Management Tools
January 31, 2022

Accounting and business tools software startup Pennylane raised $57 million (50 million euros) in a Series B funding round led by Sequoia Capital, with participation from Capital and Partech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Investors Move From China’s Consumer Market to “Hard Tech”
January 31, 2022

Start-up companies in China enjoyed record fundraising levels last year. But where did that money go? 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 daily...

Investments
Nigerian FinTech Brokerage App Bamboo Notches $15M Series A
January 31, 2022

Brokerage app Bamboo raised $15 million in a Series A funding round that the Nigerian startup will use to escalate its growth while entering new markets and launching more products, according to multiple reports on Monday (Jan. 31). Get the Full Story Complete the form...

IPO
IPO Deal Volume Down 60% Compared to ’21
January 30, 2022

IPOs haven’t been doing so well – deal volume is down 60% compared to the same time last year, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
January 30, 2022

Bizi, a FinTech company working to get credit lines to small and mid-sized businesses in Israel, has raised seed funding of $7.5 million, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Zomato Adds Minority Stakes in UrbanPiper, Adonmo Through NBFC
January 28, 2022

India-based food delivery app Zomato has unveiled an unnamed, non-banking financial company (NBFC) and invested in ad technology firm Adonmo and B2B software platform UrbanPiper Technology, part of its quest to dole out $1 billion to startups, moneycontrol.com reported Friday (Jan. 28). Get the Full...

Investments
Swiss InsurTech Firm Helvengo Raises $4.4M
January 28, 2022

Swiss InsurTech startup Helvengo has raised more than 4 million euros ($4.4 million) in seed funding, according to reports Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...