As part of its efforts to accelerate technology development and global growth, payments issuer processor Global Processing Services (GPS) recently announced it has raised over $300 million, after securing a strategic investment from its long-term partner, Visa, last October. Global private equity firm Advent International...
Embedded FinTech startup Niro raised $3.5 million in a seed funding round led by Elevar Equity with participation from angel investors Kunal Shah, Nitin Gupta, Bala Parthasarathy, the Patni Family Office, R. Ramaraj and Aseem Dhru, according to reports. Recently launched by Aditya Kumar, chief...
India-based API infrastructure company M2P FinTech has generated $35 million in Series C investments, pushing its valuation to $335 million, according to a Tuesday (Oct. 12) report from The Hindu. Tiger Global Management led the funding round, which received participation from current investors, BEENEXT, Flourish...
MoonPay, which makes tools allowing web and mobile developers to accept cryptocurrency payments, could reach $3.4 billion after its first round of venture capital funding wraps up, according to a Cointelegraph report on Tuesday (Oct. 12). Tiger Global Management and Coatue Management are leading the...
London-based Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has generated $60 million in Series C funding, according to a Tuesday (Oct. 12) report from UK Tech News. Led by Evolution Equity Partners, as well as a new contribution from SoftBank Vision Fund...
Virtual events firm Hubilo has raised $125 million in a Series B funding round led by Alkeon Capital, Lightspeed Venture Partners and Balderton Capital, according to a press release emailed to PYMNTS. The fresh infusion of capital will be used to build out Hubilo’s platform...
Social commerce FinTech startup EarnWealth recently raised Rs 3.5 crore ($500,000) in Pre-Series A funding at a valuation of Rs 50 crore (more than $6.6 million), according to a YourStory report on Monday (Oct. 11). EarnWealth, which was launched in 2014 by Rajesh P. Nair,...
Open banking startup Mono raised $15 million led by Tiger Global, with participation from existing investors Entree Capital, Lateral Capital, GPIC, Acuity VC and Ingressive Capital, and new backers Target Global, General Catalyst and SBI Investment. Headquartered in Nigeria and co-founded in 2020 by Abdul...
Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. As TechCrunch reported Monday (Oct. 11), the startup, which helps people boost their credit scores by assisting them with on-time bill paying, has begun...
