Investments

Investments
Updata Partners Raises $608M to Top $1.5B in All-Time Funding
May 24, 2022

Growth equity investment firm Updata Partners, which focuses on B2B software companies, on Tuesday (May 24) announced the close of Updata Partners VII, L.P., with capital commitments of more than $608 million. The round marked Updata’s largest fundraising effort to date and brought its all-time...

Investments
eCommerce Chatbot Maker Zowie Raises $14M
May 24, 2022

Zowie, maker of an AI (artificial intelligence)-powered chatbot for eCommerce companies, announced Tuesday (May 24) that it had raised $14 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
FinTech Gibobs Gets Backing from Global PayTech Ventures
May 24, 2022

Global PayTech Ventures (GPT) recently invested in European FinTech platform Gibobs Allbanks to help users access financial services, according to a company press release Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Shoppable Video Firm Firework Raises $150M at $750M Valuation
May 24, 2022

Firework, a company that creates livestream video shopping events for retailers, has raised $150 million in a Series B funding round, according to a Tuesday (May 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
UK Lending FinTech Creditspring Raises $60M
May 23, 2022

London-based FinTech Creditspring has raised $60 million in new capital, bring its total funds raised since its 2016 launch to $88 million, the company announced Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
PayEngine Snags $10M for Growth and Expansion
May 23, 2022

B2B payments platform PayEngine said it has secured $10 million in Series A funding that it plans to use to grow its team, expand access to clients, develop more financial products and improve its international support offerings, according to a Monday (May 23) company announcement. Get...

Investments
FinTech equipifi Raises $12M for BNPL Bank Service
May 23, 2022

FinTech equipifi has raised $12 million in a Series A funding round to continue rolling out its white-label buy now, pay later (BNPL) service to banks and credit unions (CUs), the company announced in a Monday (May 23) press release. Get the Full Story Complete...

Investments
Used Car Marketplace Sylndr Raises $12.6M
May 23, 2022

Egyptian online used car marketplace Sylndr is looking to expand after raising $12.6 million in a pre-seed funding round. 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...

Investments
PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
May 23, 2022

Today is May 23. It’s Victoria Day in Canada. A holiday originally meant to mark the birthday of Queen Victoria, it now serves as a celebration of the country’s sovereign and — like Memorial Day in the U.S. — the unofficial launch of Canada’s summer....