Investments

Investments
Workforce Payments Platform Branch Closes $75M Funding Round
March 09, 2022

Branch, the Minneapolis-based workforce payments platform, has closed on a $75 million Series C funding round, the company announced Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Used Car Trading Platform 2trde Raises $7.7M
March 09, 2022

German B2B used car trading platform 2trde has raised 7 million euros ($7.7 million) in a funding round led by Adevinta Ventures and Aster Capital, Adevinta said in a news release Wednesday (March 9). Get the Full Story Complete the form to unlock this article...

Investments
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s growth, Bloomberg reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
UK-Based Open Finance Partnership Platform mmob Raises $6.6M
March 09, 2022

mmob, the London-based embedded finance network, has completed a 5 million pound ($6.58 million) seed funding round, the company announced Wednesday (March 9) in a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
GovTech Online B2B Marketplace CoProcure Nets $22M
March 08, 2022

Online market CoProcure, which works for vendors and buyers of government technology, has raised $22 million in a Series A round, according to a Monday (March 7) report from Government Technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Selfbook Completes $15M Series A Fundraising Round Extension
March 08, 2022

Hotel payment software startup Selfbook on Tuesday (March 8) wrapped up a $15 million extension of its Series A financing round, bringing the total to $40 million for the round and raising the company’s valuation to $300 million, about 2.5 times the valuation it secured...

Investments
Retail Tech Firm Swiftly Raises $100M in Series B Round
March 08, 2022

Retail technology platform Swiftly secured $100 million in a Series B funding round that it will use to offer an enhanced digital shopping experience to more brick-and-mortar retailers, capture digital advertising dollars and build customer loyalty, according to a Tuesday (March 8) press release. Get the...

Investments
ID Verification FinTech Thirdfort Raises $20M
March 08, 2022

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest Partners and Blue Star Innovation Partners, according to a press release on Tuesday (March 8). Get the Full Story Complete...