Investments

Investments
Thunes Raises $60 Million to Scale Cross-Border Payments
June 06, 2023

Payment infrastructure platform Thunes has raised $60 million to expand into new markets. The Singapore-based company announced the conclusion of its Series C funding round Tuesday (June 6), while also noting it had quadrupled the reach of its mobile wallet network to 3 billion accounts...

Investments
Isomer Capital Closes $268 Million Fund for European Tech Startups
June 05, 2023

Isomer Capital has closed a new 250 million euro (about $268 million) fund to support European tech startups. The announcement comes as Isomer Capital founder and Managing Partner Joe Schorge said he expects these to be “some of the best vintage years in the #vc...

Investments
IQ Capital Raises $400 Million for Deep Tech AI Firms
June 05, 2023

Venture firm IQ Capital has raised $400 million for artificial intelligence (AI) and robotics startups. As City AM reported Monday (June 5), the London-based company says it will use the money to fund a range of “deep tech” companies, an umbrella term for advanced technologies,...

Investments
Web3 Firm Magic Summons $52 Million With PayPal Ventures’ Help
May 31, 2023

Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal Ventures. The strategic funding round will help the company further its mission of “enabling web3 mass adoption” by serving as Wallet-as-a-Service (WaaS) provider for companies looking to bring customers to Web3, according...

Investments
Vartana Raises $20 Million for B2B Sales Closing and Financing Platform
May 31, 2023

Vartana has raised $20 million to grow its B2B sales closing and financing platform. The firm will use this Series B capital to continue its product innovation, scale its outreach to the software and hardware reseller market and other enterprises, expand the Vartana Capital Marketplace...

Investments
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently simplifies payments throughout Southeast Asia, Turkey and Europe, the company said in a Wednesday (May 31) press release. The platform...

Investments
Fidelity Slashes Value of Its Twitter Stake Once Again
May 31, 2023

Twitter is now worth a third of the $44 billion Elon Musk paid for it. That’s according to a recent assessment by Fidelity, which has reportedly slashed the value of its own stake in the company — now listed as X Holdings — a number...

Investments
Talis Capital Announces First Closing of $175 Million Fund
May 30, 2023

Talis Capital has announced the first closing of its $175 million fund. With this fund, which is its third fund and its largest to date, the venture capital (VC) firm will continue to lead seed and Series A rounds in tech infrastructure, climate and consumer...

Investments
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the new capital to expand the capabilities of its product and grow its business in India and other countries, The Economic Times reported...