Investments

Investments
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s growth, Bloomberg reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
UK-Based Open Finance Partnership Platform mmob Raises $6.6M
March 09, 2022

mmob, the London-based embedded finance network, has completed a 5 million pound ($6.58 million) seed funding round, the company announced Wednesday (March 9) in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
GovTech Online B2B Marketplace CoProcure Nets $22M
March 08, 2022

Online market CoProcure, which works for vendors and buyers of government technology, has raised $22 million in a Series A round, according to a Monday (March 7) report from Government Technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Selfbook Completes $15M Series A Fundraising Round Extension
March 08, 2022

Hotel payment software startup Selfbook on Tuesday (March 8) wrapped up a $15 million extension of its Series A financing round, bringing the total to $40 million for the round and raising the company’s valuation to $300 million, about 2.5 times the valuation it secured...

Investments
Retail Tech Firm Swiftly Raises $100M in Series B Round
March 08, 2022

Retail technology platform Swiftly secured $100 million in a Series B funding round that it will use to offer an enhanced digital shopping experience to more brick-and-mortar retailers, capture digital advertising dollars and build customer loyalty, according to a Tuesday (March 8) press release. Get the...

Investments
ID Verification FinTech Thirdfort Raises $20M
March 08, 2022

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest Partners and Blue Star Innovation Partners, according to a press release on Tuesday (March 8). Get the Full Story Complete...

Investments
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Naqla Raises $10.5M for Egyptian Logistics Platform
March 07, 2022

Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in its commitment to advancing technology and digitization,” according to a company press release Monday (March 7). Get the Full Story...