FinTech platform Kashable has raised $25.6 million to expand its employer-based lending program. The Series B funding will help the company develop new financial wellness services and strengthen its ability to lend to employees “across the credit spectrum,” Kashable said in a news release Thursday (Jan. 18). “In a...
Buy now, pay later provider Billink aims to enter new markets after raising $32 million. The Dutch company said in a Thursday (Jan. 18) press release that the new funding will let it expand to the top 50 online shops in the “Benelux” (Belgium, the...
On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes a $75 million equity round and a $100 million expansion of an existing secured credit facility, with additional financing provided...
Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. The funding round, led by Five Elms Capital, marks the growth equity firm’s second investment in Prismatic within a year, the...
Investment firms are reportedly raising billions to purchase stakes in venture capital (VC)-backed tech startups. “The main exit for VCs is primarily IPOs and M&A [mergers and acquisitions], and neither of those are happening,” Tom Callahan, chief executive of Nasdaq Private Market, told the Financial Times (FT) Wednesday (Jan....
Worldline is reportedly taking action to address its recent share price slump and reassure shareholders. In an effort to restore investor confidence, the Paris-based payments group has engaged the services of Morgan Stanley and Rothschild & Co. to develop a defense strategy and explore options, Reuters...
TPG, a global alternative asset management firm, will make a strategic growth investment of up to $228 million in Sayari Labs, a counterparty and supply chain risk intelligence provider. This partnership aims to support Sayari’s global expansion and the launch of a new supply chain...
London-based FinTech company Detected secured 2.2 million euros (about $2.4 million) in funding for its business onboarding intelligence offering. The capital injection will enable Detected to further develop its technology and implement a growth strategy, EU-Startups reported Monday (Jan. 15). Detected did not immediately reply...
Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding. The funding round was led by Antler Elevate with participation from new investors PayPal Ventures, Samsung Next and partners from DN Capital, as well as existing backers, Prometeo said in...
