Saudi Arabia-based Stitch raised $25 million in a Series A funding round to grow its operating system for modern financial institutions. The company will use the new funding to accelerate product development, deepen its presence across the Gulf Cooperation Council (GCC) and broader Middle East...
FinTech equipifi secured $34 million in a Series B funding round to accelerate the adoption of buy now, pay later (BNPL) by financial institutions. The company will use the new funding to expand its reach to financial institution partners and to deepen the capabilities of...
Ledger, a French company that makes hardware designed to securely store cryptocurrency, has paused its plans for a U.S. initial public offering (IPO) due to an unfavorable market for crypto IPOs, CoinDesk reported Wednesday (May 13), citing unnamed sources. The company had considered a $4 billion U.S. listing and...
Blockchain analytics company Elliptic has raised $120 million in new funding. The company says its Series D round, announced Tuesday (May 12), values Elliptic at $670 million and will help it further its mission of providing analytics to big banks, FinTechs, government agencies and crypto and payment companies. The...
SAP has invested in and formed a partnership with artificial intelligence orchestration platform n8n to help enterprises scale agentic AI. The strategic investment that n8n secured from SAP that values n8n at $5.2 billion, which is more than double the previous valuation of $2.5 billion...
Robinhood announced a new venture fund that will raise capital to invest in early-stage and growth-stage private companies. The Robinhood Ventures Fund II (RVII) confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) to begin the process to register a public...
Global issuer-processor Paymentology landed a $175 million private equity investment, according to a Tuesday (May 12) news release provided to PYMNTS. The investment, co-led by Apis Partners and Aspirity Partners, will help finance Paymentology’s expansion, product development and hiring, per the release. “Despite the global...
Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S. in the second half of the year, Bloomberg News reported Monday (May 11), citing sources familiar with the matter. Bloomberg notes that...
Blockchain developer Digital Asset Holdings is reportedly wrapping a funding round that could value it at $2 billion. The financing is expected to bring in around $300 million, Bloomberg News reported Monday (May 11), citing sources with knowledge of the matter. These sources say the round is being headed...