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Investments
Series C Brings $100M to Indian Neobank Niyo
February 24, 2022

Indian consumer neobank Niyo has raised $100 million in a Series C round, the company announced in a news release Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Citi to Eliminate Overdraft Fees
February 24, 2022

Citi will eliminate fees on overdrafts, overdraft protection and returned items by this summer, the banking giant announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Intelligence Platform Grata Raises $25M
February 24, 2022

Private company intelligence engine Grata has raised $25 million in a Series A funding round, the company announced in a news release Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Headless Commerce Startup Fabric Closes $140M Series C Round
February 24, 2022

Headless commerce startup fabric closed a $140 million Series C funding round led by Softbank, with participation from Forerunner Ventures, Glynn Capital and existing investors Redpoint Ventures, Norwest Ventures and Stripes. Robert Kaplan from Softbank will join fabric’s board of directors. Get the Full Story...

Investments
Logistics Platform Shipsy Secures $25M in Series B for International Growth
February 24, 2022

Smart logistics management platform Shipsy raised $25 million in a Series B funding round co-led by A91 Partners and Z3 Partners with participation by existing investors Info Edge and Sequoia Capital India’s Surge. Get the Full Story Complete the form to unlock this article and...

Investments
French Startup Finary Raises $9M Series A to Reinvent Private Banking
February 24, 2022

Wealth aggregator Finary raised $8.9 million in a Series A funding round (8 million euros) just a few months after its 2.2 million euros ($2.4 million) May 2021 seed round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
February 24, 2022

French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was adhering to “all applicable regulations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
IMF Sounds Alarm Over UK’s Decision to Toss EU Financial Rules
February 24, 2022

The International Monetary Fund (IMF) has warned the United Kingdom that deregulation of the country’s financial system presents issues over the role of the Bank of England (BoE) in competitiveness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Meal Kit Service Gousto Lands $230M
February 24, 2022

U.K. meal kit company Gousto has landed $230 million in funding from investors led by Japan’s SoftBank Vision Fund 2, Bloomberg reported Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...