Investments

Investments
Savana Raises $45M to Drive Digital Capabilities for Banks, FinTechs
August 02, 2022

Savana, a financial software startup for banks and FinTechs, has raised $45 million in Series A funding round, according to a Tuesday (Aug. 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Digital Bank Grasshopper Secures $30.4M to Drive Growth
August 01, 2022

Digital commercial bank Grasshopper Bank has raised $30.4 million to support its growth across the business and innovation economies and meet clients’ expectations by providing the latest technology and digital banking solutions. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Tartan Raises $4.5M to Scale Payroll Management Platform
August 01, 2022

India-based payroll and workforce management startup Tartan has closed a $4.5 million funding round that it plans to use to scale its go-to-market operations, expand its in-house engineering team, double its headcount to 110 and enhance its product offerings, The Economic Times reported Monday (Aug....

Investments
India’s Yes Bank to Sell Stake to Private Equity Firms for $1.1B
July 31, 2022

India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a $1.1 billion price tag, Reuters reported Friday (July 29). Get the Full Story Complete the form to unlock this article...

Investments
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
July 28, 2022

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity fund that will back “projects with demonstrated traction from our portfolio and beyond,” according to a Thursday (July 28) company...

Investments
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. 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...

Investments
PaaS Startup mx51 Raises $52.5M to Expand Global Footprint
July 28, 2022

Payments-as-a-service (PaaS) platform mx51 has secured $32.5 million in a Series B funding round, according to a press release on Thursday (July 28). The funding will be used to expand its global footprint as the startup works to help banks, acquirers and merchants stay up...

Investments
SMB Budgeting Platform Helu.io Raises $10M in Series A
July 27, 2022

Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over 9.8 million euros ($10 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C funding round announced in February being earmarked to drive low-code technology as an accelerator for IT innovation. Get the Full...