Investments

Investments
Corporate Gifting Platform Sendoso Snags $100M for Worldwide Growth
September 14, 2021

Sending platform Sendoso has raised $100 million in a Series C funding round, money that will be used to speed up its worldwide growth as well as help with hiring new employees and rolling out new products, according to a Tuesday (Sept. 14) press release....

Investments
PropTech Funding: Ribbon Lands $150M; Pacaso Nets $125M
September 14, 2021

Real estate platform Ribbon on Tuesday (Sept. 14) announced that it has generated $150 million, comprised of $75 million in Series C equity financing and $75 million in additional working capital. The funding round was led by Greenspring Associates, with contributions from current investors Greylock,...

Investments
Pakistan’s BridgeLinx Raises $10M in Seed Funding Round
September 14, 2021

BridgeLinx Technologies is on a mission to consolidate Pakistan’s fragmented trucking and logistics industry. It is the latest company to secure a significant cash injection from investors. According to a Bloomberg report published Tuesday (Sept. 14), the digital marketplace for freight cargo has raised $10...

Investments
FinTech Startup MODIFI Brings in $24M in Series B Funding 
September 14, 2021

FinTech startup MODIFI will use the $24 million it just raised in a Series B fundraising to upgrade its platform, which includes allowing customers to do all their trade-related business in one place.  Get the Full Story Complete the form to unlock this article and...

Investments
Fractional Stock Purchases Will Be ‘Holy Grail of Financial Literacy’ DriveWealth CEO Says
September 14, 2021

The ability to dabble in the stock markets was traditionally seen as the preserve of what we might call “grownups,” or professional investors with fat salaries and lots of savings to wager. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Supply Management Firm LevaData Raises $47M
September 14, 2021

Supply management software company LevaData announced that it had closed a $47 million Series C funding round, according to a press release on Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Egypt’s Capiter Nets $33M for Expansion Across MENA
September 14, 2021

Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform to Egypt, the Middle East and North Africa (MENA) region by 2022, according to a press release. Get the Full...

Investments
Blockchain-Based FinTech Optherium Labs Secures Pre-Series A Funding
September 13, 2021

Blockchain-based Software-as-a-Service (SaaS) company Optherium Labs, which helps other companies add banking services, has received a pre-Series A investment from IRETH, which will help both companies achieve secure financial service delivery, according to a press release. Get the Full Story Complete the form to unlock...

Investments
Robinhood: SEC Won’t Ban Payment for Order Flow
September 13, 2021

The Securities and Exchange Commission will investigate, but not ban, a practice known as payment for order flow, the legal chief for the Robinhood trading app said Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...