Investments

Investments
Report: Mercado Libre Plans Mexico Expansion of Working Capital Funding With $250 Million in Financing
September 19, 2024

Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
VC Firm Patron Raises $100 Million For Consumer Startups
September 17, 2024

Early-stage venture capital firm Patron says its second fund has raised $100 million. 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, PYMNTS Today. By completing...

Investments
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. 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...

Investments
Insight Partners Prepares to Close $10 Billion Venture Capital Fund
September 15, 2024

Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. 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,...

Investments
World Labs Raises $230 Million to Build Spatially Intelligent AI
September 13, 2024

World Labs, a newly formed company, said Friday (Sept. 13) that it has raised $230 million to build large world models (LWMs) that “perceive, generate and interact with the 3D world.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform
September 13, 2024

Nirvana has raised $24.2 million in a Series A funding round to add more specialties to its platform that provides insurance verification and cost estimates to both healthcare providers and their patients. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. 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...

Investments
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024

Illuma Labs has raised $9 million to speed the development of its voice verification tools. 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,...

Investments
Form3 Raises $60 Million to Expand Account-to-Account Platform
September 12, 2024

Form3 completed a $60 million Series C extension and said it will use the new funding to develop new products and services and support the growth of its cloud-native account-to-account (A2A) platform in the United Kingdom, Europe and the United States. Get the Full Story...