Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and $125 million in debt financing — in a news release Thursday (Dec. 14), saying it plans to invest the money...
Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and enhance partnerships with vendors, Bloomberg News reported Thursday (Dec. 14). The Series E round “fully funds our business plan,” said Vaibhav...
Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s creation and two months after its 5 million euro (about $5.4 million) pre-seed round, Pivot said in a Wednesday (Dec....
Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13) as it also delisted from the Australian Stock Exchange. That delisting had been one of the requirements for Motive to...
Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small and medium-sized businesses (SMBs) involved in import and export activities, Citi said in a Monday (Dec. 11) press release. With...
Early-stage venture capital (VC) firm Harpoon Ventures has closed a $125 million fund to support enterprise startups serving the public and private sectors. “We’re thrilled to announce the close of our latest fund,” the firm said in a Friday (Dec. 8) post on LinkedIn. “This milestone marks the beginning...
Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin America’s trucking sector. The Mexican FinTech company has also launched an artificial intelligence (AI)-powered software solution that automates the accounts...
As the virtual brand space goes through significant changes, delivery-focused, tech-forward pizza brand Milano Vice is bringing in funds by the millions. The Berlin-based startup shared in a LinkedIn post Wednesday (Dec. 6) that it has secured 8.3 million euros ($8.94 million) in Series A funding in...
Citi has invested in payments technology company Icon Solutions as it modernizes its payments platform. The investment, made via Citi Treasury and Trade Solutions, comes as Citi also plans to expand its use of Icon’s payments framework (IPF) to improve its micro-services orchestration architecture, the banking giant said Wednesday...
