Investments

Investments
Embedded Banking Solutions Provider BankiFi Raises $4.8M
August 15, 2022

BankiFi, a provider of embedded banking products for small- to medium-sized businesses (SMBs), announced Monday (Aug. 15) that it has raised $4.8 million, with the funds earmarked for its expansion into North America. Get the Full Story Complete the form to unlock this article and...

Investments
Nigerian Startup Pastel Raises $5.5M for Small Business Services
August 15, 2022

Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to the $620,000 in pre-seed funding it raised in 2021. Get the Full Story Complete the form to unlock this article...

IPO
State-Owned China Tourism Group Duty Free Plans IPO
August 12, 2022

China Tourism Group Duty Free, which runs China’s biggest duty-free retail network, is planning an initial public offering (IPO) in Hong Kong that could raise as much as $2 billion, Reuters reported Friday (Aug. 12). Get the Full Story Complete the form to unlock this...

IPO
FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
August 11, 2022

The FinTech IPO Tracker is up 16.9% for August — and we’re not even halfway through the month. 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
Central Payments Closes $30M Growth Equity Raise
August 11, 2022

Central Payment, a payments-tech and card-issuing platform, today announced it has raised $30 million in growth equity financing that will spin it out from Central Bank of Kansas City. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Virtual Surgery Firm Raises $20M
August 11, 2022

A company whose platform lets surgeons experience simulated procedures in a controlled training environment has raised $20 million in venture capital. 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
Payments Tech Firm Finix Raises $30M
August 10, 2022

Payments technology company Finix has raised $30 million in new capital, bringing the firm’s total funding to $133 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...

Investments
QED Investors Makes First African Investment in TeamApt
August 10, 2022

TeamApt, a Nigerian business payments and banking platform, has just closed a financing round that includes investments from the FinTech specialist venture capital firm QED Investors, TeamApt announced Wednesday (Aug. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Expedock Raises $13.5M to Help Freight Forwarders Improve Use of Data
August 10, 2022

Freight software provider Expedock has raised $13.5 million in Series A funding that it will use to expand its team and help supply chain businesses better understand and operationalize their data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...