Investments

Investments
Petal Raises $140M Series D Toward Credit Building for the Underserved
January 05, 2022

Credit card company Petal, which was created to help people build credit and spend frugally, has raised $140 million in a Series D round led by Tarsadia Investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Finexio Raises $10M for ‘Payments-as-a-Service’ Growth
January 05, 2022

Accounts payable (AP) Payments-as-a-Service (PaaS) platform Finexio has completed an oversubscribed $10 million funding round that gives the company the money it needs to meet digital AP B2B payments services demand, according to a Wednesday (Jan. 5) press release. Get the Full Story Complete the...

Investments
B2B eCommerce Platform Udaan Plans IPO After $250M Fundraise
January 05, 2022

Indian B2B eCommerce platform udaan is planning to launch an initial public offering (IPO) in 18 months now that it has wrapped up a $250 million funding round that came through a $200 million convertible note, Business Standard reported Wednesday (Jan. 5). Get the Full...

Investments
Payment Orchestration Platform CellPoint Digital Raises $25M
January 05, 2022

Global payment orchestration platform CellPoint Digital raised $25 million from Toscafund and its private equity arm, Penta Capital, according to a press release on Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
SMB HR, Payroll Startup Justworks Readies for IPO at $2B Valuation
January 05, 2022

Human resources and payroll startup Justworks is selling 7 million shares priced between $29 and $32 apiece in an initial public offering (IPO) that could give the company $224 million at the top of the range at an estimated valuation of $2 billion, according to...

Investments
Whitebox Raises $20M to Meet ‘Unprecedented Demand’ for eCommerce
January 05, 2022

Baltimore-based eCommerce marketing and fulfillment technology company Whitebox announced it has wrapped up a $20 million fundraising round that it will use to enhance its Omnifi technology platform and hire senior talent to meet what it called “unprecedented demand,” Technical.ly reported Tuesday (Jan. 4). Get...

Investments
Ahead of IPO, Delhivery Invests in Falcon Autotech
January 05, 2022

The Indian logistics company Delhivery says it has invested in the logistics automation firm Falcon Autotech, according to published reports Wednesday (Jan. 5).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Jahez’s Billion-Dollar IPO Boosts Venture Capital Investment in Saudi Firms
January 05, 2022

In a much-anticipated move, Saudi food delivery firm Jahez became the first Saudi tech startup to list on a public exchange, bringing its market capitalization to $2.4 billion, Magnitt reported on Wednesday (Jan. 5).   Get the Full Story Complete the form to unlock this...

Investments
Series A Round Grants Geniemode $7M in Funding
January 04, 2022

Cross-border B2B eCommerce company Geniemode has raised $7 million in a Series A funding round led by Info Edge Ventures, The Hans India reported Tuesday (Jan. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...