Investments

Investments
Retail Software SpotOn Nets $300M for Development
May 18, 2022

SpotOn, a software and payment company working with restaurants and retail businesses, announced Wednesday (May 18) that it has raised $300 million in a Series F round led by Dragoneer Investment Group. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Amex Ventures Invests in InsurTech Firm Trellis
May 18, 2022

Trellis, which is working to change how businesses and consumers engage with insurance, has received an investment from Amex Ventures, according to a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
May 18, 2022

In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing its music streaming and cryptocurrency divisions. Plus, gamblers using Hard Rock Sportsbook can now move money back and forth in...

Investments
Apis Invests in B2B Micropayments Platform DT One
May 18, 2022

Private equity fund Apis Growth Fund II is investing in B2B digital micropayments platform DT One to help the Singapore-based company continue expanding into more countries and explore new M&A opportunities.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Kenyan Software Startup Bamba Secures $3.2M Seed Funding
May 18, 2022

Enterprise software startup Bamba secured $3.2 million in a seed funding round led by 468 Capital with participation from Presight Ventures, Jigsaw VC and angel investors Mato Peric, Leonard Stiegeler, Laurin Hainy and Thomas Stafford. Get the Full Story Complete the form to unlock this article and...

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African Healthcare Startup CarePoint Raises $10M
May 18, 2022

Ghana-based healthcare startup CarePoint has raised $10 million in a bridge funding round as it builds a series of what it calls “micro-tech-enabled-clinics,” per reports on Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Dubai-Based FinTech Pemo Snags $12M in Seed Funding
May 18, 2022

Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion across the Middle East and North Africa, according to a Magnitt report Wednesday (May 18). Get the Full Story Complete the form to...

Investments
Modulr Raises $108M for Embedded Payments Expansion
May 18, 2022

Embedded payments platform Modulr has raised $108 million in a Series C round led by equity firm General Atlantic, the company announced in a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Temasek Leads $160M Series D for Thought Machine’s Expansion
May 18, 2022

Cloud banking technology startup Thought Machine closed a $160 million Series D funding round led by Temasek that gives the firm a post-money valuation of $2.7 billion, twice its value at the end of last year. Get the Full Story Complete the form to unlock...