Beneficial State Bank closed on an equity investment of $218 million from the U.S. Treasury’s Emergency Capital Investment Program (ECIP) Thursday (June 9), which will support expanded lending to smaller businesses and low- to moderate-income customers. Get the Full Story Complete the form to unlock...
Identity platform Middesk, which works to automate business verification and underwriting, has raised $57 million in a Series B round to fund new products, scale its team and provide education on business identity, according to a press release Thursday (June 9). Get the Full Story...
Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to bolster its position in the space, according to a company press release Thursday (June 9). Get the Full Story Complete...
Digital financial services startup Klar raised $90 million in a funding round to build out its platform and further innovate to develop tailor-made solutions for consumers in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Same-day and next-day delivery startup Trunkrs raised 15 million euros (about $16 million) in a Series B funding round to elevate its position in the Benelux and accelerate the sustainability of the package delivery chain, according to a Thursday (June 9) press release. Get the...
The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It might be “winter” for the cryptocurrency industry, but crypto invoicing and payroll and expenses company Request Finance landed $5.5 million in seed funding amid a period of growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Small business working capital startup Factris secured 10 million euros in funding from NN Investment Partners, a Goldman Sachs-owned asset manager. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Swedish eCommerce FinTech Juni has raised $206 million in a Series B and venture debt funding round, a press release said, with the money going to fuel hiring and growth, as well as product development. Get the Full Story Complete the form to unlock this...
