Pan-African venture capital fund Launch Africa Ventures has closed its $36.3 million fund, which it used primarily for investments in B2B and business-to-business-to-consumer startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
B2B manufacturing and automation startup Groyyo has raised $40 million in a combination of debt and equity through a Series A funding round that it will use to grow its manufacturing teams as well as for product and tech development, VC Circle reported. Get the...
Reverse logistics firm Cartlow has secured $18 million in a Series A funding round from AlSulaiman Group to further the startup’s expansion efforts in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), according to a Wednesday (June 15) press release published...
Groups representing the U.S. financial industry are trying to get the federal Securities and Exchange Commission to dilute proposed new regulations that would govern special purpose acquisition companies that industry representatives say could kill SPACs altogether, Reuters reported. Get the Full Story Complete the form...
B2B eCommerce startup Dastgyr Technologies has set a Series A fundraising record for its home country, Pakistan, with $37 million, Bloomberg reported Monday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
World Innovation Lab, a venture capital firm that invests in software as a service (SaaS) companies in the business-to-business (B2B) market, Tuesday (June 14) announced it raised $1 billion in new capital. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s FinTech news, margin calls are on the rise as bitcoin and other cryptocurrencies fall, meanwhile digital payments in Africa are expanding further across the continent as MFS Africa picks up more funds. Plus, Grubhub drivers can get wages deposited daily to a debit...
Digital payments network MFS Africa raised $100 million in equity and debt funding led by Admaius Capital Partners in an extended Series C, bringing the round’s total to $200 million, according to a press release on Tuesday (June 14). Get the Full Story Complete the...
The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a threat to the national security, but a new proposed bill could extend the government’s powers to block U.S. investments in...
