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...
Center has raised $30 million to develop new features for its expense management software. The Series C funding round, announced Tuesday (Dec. 5), will help the software company develop capabilities that deal with customer pain points around expense management and travel and expense solutions. “Amidst a backdrop of...
Omniful, an eCommerce/supply chain startup, has reportedly emerged from stealth with $5.85 million in funding. As TechCrunch reported Tuesday, the startup, based in Saudi Arabia and the United Arab Emirates, has created ordering, warehouse management and transportation management systems that let merchants tap into hyperlocal...
Data privacy firm Mine has raised $30 million with the help of PayPal Ventures. The Series B funding round, co-led by Battery Ventures, will help the Israeli company scale MineOS, its B2B enterprise-grade product, Mine said in a news release provided to PYMNTS Tuesday (Dec. 5). According to the...
