Investments

Investments
Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform
May 10, 2024

Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. The company will use the new funding from this round, which was led by B Capital, to expand its team and invest...

Investments
Bain Capital Invests $250 Million in Professional Services Company Sikich
May 09, 2024

Bain Capital, a leading private multi-asset alternative investment firm, has made a minority growth investment of $250 million in Sikich, a global technology-enabled professional services company. This investment is expected to accelerate Sikich’s growth and enhance its position as a leader in the professional services industry, the companies said...

Investments
Monzo Valued at $5.2 Billion Amid US Neobank Expansion Plans
May 08, 2024

U.K. neobank Monzo reportedly raised $190 million as it plans to expand overseas. The funding brings the total Monzo has raised to $610 million so far this year, valuing it at $5.2 billion, company officials told CNBC Wednesday (May 8). The total funding marks the single-largest round for a European FinTech in the...

Investments
Cloud Security Firm Wiz Valued at $12 Billion After Funding Round
May 07, 2024

Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview with the Wall Street Journal (WSJ), saying the company expects this year to be a time of consolidation in the cybersecurity...

Investments
Pleo Secures $43 Million Facility to Expand Credit Offering
May 02, 2024

Pleo has secured a 40-million-euro (about $43 million) debt financing facility from HSBC Innovation Banking UK. With this facility, the Danish FinTech will expand its credit offering, Pleo Overdraft, which helps European companies navigate gaps in cash flow and keep their businesses moving without missing crucial payments or...

Investments
Tuza Raises $5 Million for Business Card Payments Comparison Site
May 02, 2024

London-based Tuza secured 4 million pounds (about $5 million) in seed funding for its platform that brings price comparison to card payments in the United Kingdom. The company, which was formerly known as Statement, has compared 1.5 billion pounds (about $1.9 billion) in card turnover for small...

Investments
Backflip Raises $15 Million to Grow Real Estate Investment Platform
April 29, 2024

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs who flip a collective total of 400,000 houses per year in the United States, Backflip...

Investments
Tether Acquires Majority Stake in Brain-Computer-Interface Developer Blackrock Neurotech
April 29, 2024

Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. The $200 million investment grants Tether a majority stake in the neurotech firm, Tether said in a Monday (April 29) press release.  Blackrock Neurotech, known for...

Investments
Mercedes-Benz Invests in AI-Connected Tech Startup Blaize
April 29, 2024

Blaize, an artificial intelligence (AI) computing company, has secured $106 million in funding. The financial infusion is set to propel the company’s efforts in advancing AI and machine learning (ML) technologies across various sectors, Blaize said in a Monday (April 29) press release. “This investment...