Investments

Investments
French Neobank Qonto Accelerates European Growth With $550M Round
January 11, 2022

Qonto, the Paris-based neobank for small- to medium-sized businesses (SMBs) and freelancers, has raised 486 million euros ($552 million) in Series D funding, the Paris-based company announced Tuesday (Jan. 11).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Fly Now Pay Later Snags $75M for Global Expansion
January 11, 2022

Travel-focused global FinTech Fly Now Pay Later announced it has closed a $75 million debt funding deal managed by Atalaya Capital Management that will bring the fledgling company into the U.S. and includes an equity investment by Atalaya in the platform, according to a Tuesday...

Investments
FinTech Brex Names Meta’s Karandeep Anand CPO; Notches $300M Funding
January 11, 2022

Business FinTech firm Brex hired Karandeep Anand away from Meta and appointed him chief product officer (CPO) on the heels of an additional $300 million funding in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV). Get the Full Story Complete...

Investments
Adding AI to the Construction Industry, Munich’s Conxai Raises $3M
January 10, 2022

Noting that the construction industry is one of the “least digitalized” industries, Munich-based Conxai has raised 2.7 million euros ($3 million) to harness artificial intelligence (AI) for the sector, EU-Startups reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
ThankUCash Snags $5.3M for Cash Back, Deals and BNPL Services in Nigeria
January 10, 2022

ThankUCash has closed its fundraising seed round by raising $5.3 million to build a platform to bring Nigerian customers loyalty programs, deals and rewards services, according to a TechCrunch report Monday (Jan. 10). Get the Full Story Complete the form to unlock this article and...

Investments
SoftBank Makes $146M Bet on AI Firm Qraft
January 10, 2022

SoftBank is investing $146 million in the South Korean artificial intelligence (AI) company Qraft Technologies Inc. to help it expand into the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
German Payments Startup Denario Raises $1.5M to Automate B2B Payments for SMBs
January 10, 2022

Berlin-based payments processor startup Denario has raised 1.3 million euros ($1.5 million) in a financing round, the company announced on Monday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Investment App Groww Backed by Microsoft CEO
January 10, 2022

Indian investment app Groww announced this weekend that the head of one of the world’s biggest tech companies is in its corner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Ankorstore Unicorn Status Increases Buzz Around France and Europe VC Ecosystems
January 10, 2022

Barely two weeks into 2022 and the French startup market is buzzing with venture-backed excitement. 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 to our daily newsletter,...