Brazilian FinTech startup EBANX has expansion plans for its payments operation across Central America and is kicking off operations in Costa Rica, with plans to launch in El Salvador, Panama, Guatemala and the Dominican Republic in the first half of 2021. André Boaventura, chief marketing...
While the week’s biggest story in restaurant technology investment news was Olo’s IPO and its valuation north of $4.6 billion, this week also saw significant investments in smaller ResTech companies. Restaurant equipment maintenance solutions provider 86 Repairs closed its latest round with $2 million in...
The grocery industry wastes 43 billion pounds of food every year. But with statistical data and machine learning, Shelf Engine hopes to change that, according to a Thursday (March 18) press release. The company announced in the release that it has raised $41 million in...
The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Africa’s mobile money business, according to a Thursday (March 18) announcement. The transaction values Airtel Africa’s mobile money business at $2.65 billion on a cash and...
Pollinate has raised $50 million to bring its software business to North America and to expand its platform technology, according to a press release emailed to PYMNTS Thursday (March 18). London-based Pollinate is in advanced talks with several banks in North America already, according to...
Kitopi, a shared kitchen platform focused solely on online food delivery, is seeking $150 million to $200 million in financing to reach markets in Southeast Asia. Reuters, citing unnamed sources, reported Thursday (March 18) that these funds could give Kitopi — an unlisted company —...
Ethnic online grocery company Weee! has raised $315 million in a Series D round to fund the firm’s expansion across North America, as well as the growth and diversification of its product offerings. Weee! announced in a press release on Thursday (Mar. 18) that the...
Texas startups continue grabbing cash from venture firms, raising $1.3 billion in funding through March 11. The Wall Street Journal reported that the state’s growing tech sector is gaining on Silicon Valley in drawing investments. The pandemic has added some new allure to the Lone...
The use of special-purpose acquisition companies (SPACs) to go public boomed in 2020. The growth of these blank-check companies has exploded even more in the first quarter of this year. Reuters reported that so far in 2021, SPACs have already raised more than the $83.4...
