In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. Y Combinator’s Continuity Fund and Tiger Global Management, who are existing investors, also joined the round in the Bengaluru-based firm, DealStreetAsia reported. Get...
Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of bank BNP Paribas. Other investors include banks in the Middle East and Southeast Asia, according to a release by the...
In what could be one of the first investments by a crypto-based firm in a major U.S. firm that is publicly traded, Ripple Inc. has arranged to invest up to $50 million in MoneyGram International Inc. Ripple is the company behind the XRP digital currency,...
B2B eCommerce platform Arzooo has raised $1 million (around Rs 6.95 crore) in a pre-Series A round of funding. 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...
Stride, a startup that provides group travel packages and describes itself as offering “experiential multi-day and multi-destination packaged trips planned by experts,” has raised $2.5 million in a seed funding round from JetBlue Ventures and NFX, according to a report by TechCrunch. Get the Full...
Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. Get the Full Story Complete the form to unlock this article and...
A seven-year-old cloud security company that utilizes artificial intelligence (AI) to find network intrusions has raised $100 million in a Series E funding round led by TCV, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. Get the Full Story Complete the form to unlock this article and enjoy...
