Investments

Investments
OpenTrade to Launch Platform for Investing in Tokenized Financial Assets 
May 05, 2023

OpenTrade has raised $1.5 million in a funding round for its platform for investing in tokenized financial assets. OpenTrade plans to launch its platform in the second half of the year and will use the new funds to scale its operations, the company said in...

Investments
HV Capital Closes $782 Million Fund for ‘Technology Disruptors’
May 04, 2023

Germany’s HV Capital says it has closed a €710 million ($782 million) fund targeting “high-growth” firms. The new fund — the venture capital (VC) investment group’s ninth — was announced Thursday (May 4) on HV Capital’s LinkedIn page and comes at a time when many...

Investments
Qatar-Based Snoonu Raises $12 Million to Continue Building Super App
May 04, 2023

Qatar-based eCommerce startup Snoonu has raised $12 million in a Series B funding round. “A new milestone has been achieved in our unicorn journey,” Snoonu said when announcing the funding round in a Wednesday (May 3) post on LinkedIn. Snoonu aims to provide fast and...

Investments
Inbox Health Raises $22.5 Million for Patient Billing Communication Platform
May 04, 2023

Inbox Health has raised $22.5 million in a Series B funding round to expand its patient billing communications platform. The platform is used by 2,600 medical practices in the United States and that has collected payments from 3.5 million patients, Inbox Health said in a...

Investments
OpenEnvoy Raises $15 Million to Grow AP Automation Solution
May 03, 2023

OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to digitize invoices and perform reconciliation, eliminating billing errors and the need for interdepartmental approval processes, OpenEnvoy said in a Wednesday...

Investments
Tarabut Gateway Raises $32 Million to Expand Saudi Open Banking
May 03, 2023

Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the Series A funding round Wednesday (May 3) in a news release provided to PYMNTS, saying it wants to use the money to attract new talent and...

Investments
Aligned Raises $5.8 Million to Streamline B2B Dealmaking
May 02, 2023

Aligned has raised $5.8 million to develop a network that aims to streamline B2B dealmaking. The company will use the new funding to continue building out its B2B buyer-seller network that is designed to enable more effective collaboration and eliminate the need for email threads,...

Investments
Token Raises $30 Million for Biometric Wearable
April 24, 2023

Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note, and a $10 million convertible note from Grand Oaks Capital. According to a news release,...

Investments
Vesey Ventures Launches $78 Million Debut Fund Focused on FinTechs
April 20, 2023

Vesey Ventures has launched a $78 million debut fund focused on early-stage FinTech companies. The new venture firm was founded by three former managing directors at Amex Ventures: Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, Vesey Ventures said in a press release emailed to PYMNTS....