Investments

Investments
FinTech Backbase Raises $128M to Boost Consumer-Focused Engagement Banking
June 09, 2022

Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to bolster its position in the space, according to a company press release Thursday (June 9). Get the Full Story Complete...

Investments
Klar Raises $90M to Advance Consumer Digital Finance in Mexico
June 09, 2022

Digital financial services startup Klar raised $90 million in a funding round to build out its platform and further innovate to develop tailor-made solutions for consumers in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Trunkrs Raises $16M to Boost Delivery Sustainability
June 09, 2022

Same-day and next-day delivery startup Trunkrs raised 15 million euros (about $16 million) in a Series B funding round to elevate its position in the Benelux and accelerate the sustainability of the package delivery chain, according to a Thursday (June 9) press release. Get the...

Investments
UAE’s ADQ Launches $100M Tech Fund in Jordan
June 09, 2022

The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Request Finance Growing Despite ‘Crypto Winter,’ Raises $5M
June 09, 2022

It might be “winter” for the cryptocurrency industry, but crypto invoicing and payroll and expenses company Request Finance landed $5.5 million in seed funding amid a period of growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Factris Secures €10M to Finance Invoices for European SMEs
June 09, 2022

Small business working capital startup Factris secured 10 million euros in funding from NN Investment Partners, a Goldman Sachs-owned asset manager. 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
Juni, a Swedish FinTech Platform for eCommerce, Raises $206M
June 09, 2022

Swedish eCommerce FinTech Juni has raised $206 million in a Series B and venture debt funding round, a press release said, with the money going to fuel hiring and growth, as well as product development. Get the Full Story Complete the form to unlock this...

Investments
Codat Lands $100M to Innovate Business Data Collection
June 08, 2022

Codat, a universal application programming interface (API) for small business data, has raised $100 million in a Series C investment that will help build and reinforce critical infrastructure, according to a Wednesday (June 8) press release. Get the Full Story Complete the form to unlock...

Fintech Investments
Today in FinTech: Mediterranean Super App; Ghana BNPL; UPI Payments; BaaS Funding; Seed Round 
June 08, 2022

In today’s FinTech news, Sam Mizrahi and Jon Fath are working together to launch the financial super app Rauva to serve freelancers and small businesses in Europe’s Mediterranean region. Plus, Banking-as-a-Service firm NymCard locked down $22.5 million in funding to expand its workforce, products and...