Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi acknowledged the report by retweeting a tweet by Lexi Novitske, general partner at growth-stage investor Norrsken22, that said, “Well, I guess the news is out.” Well,...
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017 — Bloomberg News reported Wednesday (May 17), citing PitchBook data, which also shows that VCs...
Smart has raised $95 million in Series E funding to grow its retirement savings technology platform. The London-headquartered FinTech aims to continue to expand globally and build on its strong performance in Europe, the United States, the Middle East and Asia with its Keystone platform that...
Payables automation platform Tipalti has raised $150 million with the help of JPMorgan Chase. The incremental growth funding round, announced in a Monday (May 15) press release, also included Hercules Capital, and will help Tipalti to further invest in product innovation and supporting its clients....
M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to continue to grow and to improve financial and digital inclusion for underbanked consumers in the region, M-KOPA said in a Monday (May...
Salsa has raised $10 million to help software platforms embed payroll features inside their own products. By embedding Salsa’s application programming interfaces (APIs) in their platforms, developers can enable businesses to handle payroll within the same software platform they use to manage their business and employees every day,...
ThreatFabric has raised 11.5 million euros (about $12.5 million) to grow its fraud detection solution. The Amsterdam-based startup aims to expand internationally and add artificial intelligence (AI)-powered behavioral-based fraud detection to its Software-as-a-Service (SaaS) solution for the financial services sector, ThreatFabric said in a Thursday...
Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at self-checkout stations, announced the Series A round, led by Crosspoint Capital, in a Thursday (May 11) press release, saying it...
Funding and management platform 8fig has raised $140 million to help eCommerce firms navigate a tough financing landscape. The company announced its Series B Tuesday (May 9), saying it would let the company “expand its growth efforts and scale its funding capabilities” for small and...
