Investments

Investments
Spendflo Raises $11 Million for SaaS Procurement and Management Platform
April 04, 2023

Spendflo has raised $11 million for its platform for buying, managing and securing software-as-a-service (SaaS). The firm will use the new funding from this Series A round to continue growing the product that already helps companies that are investing in SaaS centralize their intake and...

Investments
Finanzguru Raises $14 Million to Bolster Financial Advice Platform
April 04, 2023

Germany’s Finanzguru is $14 million richer after a new PayPal Ventures-led funding round. The Frankfurt-based financial advice/banking app announced the funding — co-led by SCOR Ventures — on Tuesday (April 4), saying it would use the money to expand its platform and “significantly” add to...

Investments
Block Stock Bounces Back After Refuting Hindenburg Report Findings
April 02, 2023

Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report. On March 23, Hindenburg Research published a report accusing the payments company of inflating the user base of its Cash App money transfer platform and permitting criminal...

Investments
Steer Technologies’ Digital Restaurant Supply Business Valued at $47.14 Million
March 30, 2023

Steer Technologies has completed a previously announced sale of 37.5% of its digital restaurant supply business. With the completion of this $18 million direct investment, the digital restaurant supply business has a post-money valuation of $47.14 million and is set to grow its subscription-based and...

Investments
Crypto Wallet Manufacturer Ledger Reportedly Valued at $1.4 Billion
March 30, 2023

Cryptocurrency wallet manufacturer Ledger has announced its Series C extension fundraising round. The firm offers hardware wallets that store crypto users’ private keys in a secure device, isolating the keys from a computer or smartphone that could be hacked, according to the company’s website. With...

Investments
Fetch.ai Raises $40 Million to Develop Automation and AI Tools
March 29, 2023

DWF Labs has reportedly invested $40 million in Fetch.ai. Fetch.ai will use the new funding from the global digital asset market maker and Web3 investment firm to further its aim of providing an autonomous machine-to-machine ecosystem to help developers deploy and monetize their applications, CoinDesk...

Investments
Payday Raises $3 Million for ‘Future of Work’ in Africa
March 29, 2023

African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing in the U.K. and Canada — the company has offices in Rwanda and Vancouver – while also expanding its operations...

Investments
UK-Based Hazy Raises $9 Million to Expand Synthetic Data Solutions
March 28, 2023

Hazy has raised $9 million in Series A funding for its synthetic data solutions. The London-based firm uses artificial intelligence (AI)-generated synthetic data with no real information to replace real data, thereby eliminating privacy risks while preserving statistical quality. The data is used in AI...

Investments
Raisin Raises $64.7 Million to Expand Investment and Savings Platform
March 24, 2023

Raisin has gained 60 million euros (about $64.7 million) in a Series E round. The Berlin-based FinTech company will use the new funding to add new features to its investment and savings platform, further simplify the processes on the platform and accelerate its growth in...