Investments

IPO
Absa Says African FinTechs Should List IPOs on Local Exchanges
February 22, 2024

South Africa’s Absa Group has reportedly highlighted the opportunity for African FinTechs to consider public listings at home. 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
Spektr Raises $5.4 Million to Expand Automation-Led Compliance Solution
February 21, 2024

Spektr came out of stealth and announced it raised 5 million euros (about $5.4 million) in a seed round. 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
Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
February 21, 2024

Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
February 21, 2024

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Recogni Raises $102 Million to Meet AI Applications’ Compute Demand
February 20, 2024

Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 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...

Fintech Investments
Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK
February 20, 2024

Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. 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...

Investments
Monite Raises $6 Million to Grow Embedded Finance Platform
February 19, 2024

Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 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...

Fintech Investments
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally 
February 16, 2024

Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Report: Sen. Marco Rubio Asks SEC to Block Shein IPO
February 15, 2024

Sen. Marco Rubio, R-Fla., is reportedly asking the Securities and Exchange Commission (SEC) to prevent fast fashion platform Shein from its bid to list publicly in the U.S. market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...