Numeral raised $35 million in a Series B funding round to grow its artificial intelligence-powered sales tax compliance platform for eCommerce and software-as-a-service companies. The fully automated platform manages the entire sales tax lifecycle for these businesses, and Numeral offers a guarantee of error-free filing,...
Seapoint has come out of stealth mode and announced that it raised $3 million in pre-seed funding for its financial infrastructure for European startups. The company said in a Wednesday (Sept. 17) blog post that its product provides founders with a real-time view of their...
Indian digital payments provider Pine Labs is reportedly preparing to go public. The company is planning to raise up to $700 million from an initial public offering (IPO) in the latter half of October, Bloomberg reported Thursday (Sept. 18), citing unnamed sources. Pine, which is...
Fitness tracking app Strava is reportedly set to hear pitches from investment banks for roles in the company’s initial public offering. The company could launch its IPO in early 2026, though that depends on market conditions, and it has not finalized the amount it plans...
FinTech giant Revolut is reportedly trumpeting a 46% increase in revenue as it seeks investors. The British company is wooing backers for its primary fundraising, due to value Revolut at $75 billion, Bloomberg News reported Tuesday (Sept. 16). That report, citing investor documents, said that...
WorkFusion has secured $45 million in new funding to expand its artificial intelligence (AI)-driven approach to financial crime compliance, the company announced Tuesday (Sept. 16). The round was led by Toronto-based growth investor Georgian, alongside Serengeti Asset Management and other backers. The investment comes as fraud...
Smartphone maker Nothing, based in the United Kingdom, reportedly raised $200 million in new funding. The round values the company at $1.3 billion, The Times reported Tuesday (Sept. 16). Co-founder Carl Pei said the funding will help the company speed product innovation and deepen investment...
Robinhood is introducing a fund designed to expand retail investors’ access to private markets. The trading platform announced Monday (Sept. 15) that it had filed with the Securities and Exchange Commission (SEC) to put in motion the process to advance public shares of the fund,...
Investors are signaling that the hottest FinTech initial public offerings (IPOs) are not vehicles for frenzied, momentum-based trading but are underpinned by new architectures for traditional financial services. The transformations are demonstrated in company filings tied to those public listings through the past several days,...