Investments

Investments
On-Demand Insurer Spot Raises $17.5M In Funding
July 28, 2021

Spot, the InsurTech startup providing digital, on-demand injury insurance, on Wednesday (July 28) announced that it has landed $17.5 million in funding, including $15 million in equity and $2.5 million in debt. GreatPoint Ventures led the round, which also saw participation from Montage Ventures, Mutual...

Investments
Card-Issuing Platform Lithic Notches $60M In Funding
July 28, 2021

New York-based financial technology startup Lithic has raised $60 million in funding largely through Stripes, Bloomberg reported on Wednesday (July 28). 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
B2C Text Messaging Company Gupshup Lands Further $240M
July 28, 2021

Business-to-consumer text messaging company Gupshup on Wednesday (July 28) announced it has raised a further $240 million in follow-on funding from various investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments and Harbor Spring Capital, as well as accounts managed...

Investments
South African SMB Payments Platform Yoco Nets $83M For Expansion
July 27, 2021

South African payments company Yoco has raised $83 million in a Series C funding round, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
UK’s EV Subscription Service Onto Raises $175M To Fuel Growth
July 27, 2021

Electric vehicle (EV) subscription service Onto has raised $175 million in an equity and debt Series B funding round that will be used expand its offering across the U.K. — with eyes on growing the company into other areas in the future, according to a...

Investments
At-Bay Closes $185M Series D Round For Cyber Risk Insurance
July 27, 2021

Insurance company At-Bay, which specializes in digital risk, has closed a $185 million Series D financing round, the firm announced in a Tuesday (July 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Sports NFT Marketplace Dibbs Secures $13M In Funding
July 27, 2021

Dibbs, which bills itself as “the only real-time fractional sports marketplace,” announced a $13 million Series A funding round on Tuesday (July 27) that included some high-profile athletes among its investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Nium Hits Unicorn Status With $200M Funding Round
July 27, 2021

Singapore’s Nium became the first B2B payments unicorn in Southeast Asia Tuesday (July 27) following a $200 million Series D funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Startup API Platform Sila Raises $13M In Funding
July 26, 2021

Startup API platform Sila raised $13 million in a Series A funding round led by Revolution Ventures, with participation by existing backers Madrona Venture Group, Oregon Venture Fund and Mucker Capital, and angels including Wise Co-founder and CEO Taavet Hinrikus. Get the Full Story Complete...