Investments

Investments
Banking-As-A-Service Startup Treasury Prime Notches $20 Million
May 12, 2021

Banking-as-a-service (BaaS) startup Treasury Prime closed a $20 million Series B insider funding round that it will use to gain momentum in go-to-market programs and add more talent to expand its sales, marketing and engineering teams. Get the Full Story Complete the form to unlock this article...

Investments
Eyeing An IPO, Fashion Platform Lyst Raises $85 Million
May 12, 2021

Fashion platform Lyst has raised $85 million as it looks at its prospects for having an initial public offering (IPO) of stock. The funding comes on the heels of a banner year as the number of its users jumped to 150 million. Get the Full...

Investments
Secondhand Fashion Platform Vinted Nets $303 Million In Funding
May 12, 2021

Secondhand clothing marketplace Vinted has pulled in 250 million euros ($303 million) from investors. Women’s Wear Daily reported that the money will go toward funding international expansion — including hiring more workers, adding more memberships and beefing up infrastructure. In addition, the new funds will...

Investments
Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
May 11, 2021

Acquco, which is focused on acquiring third-party sellers on Amazon, has closed a Series A funding round with $160 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
YouTube Introduces $100 Million Fund To Advance Short-Form Video 
May 11, 2021

YouTube is introducing YouTube Shorts beta to help bring short-form video to YouTube users in the U.S. and India, according to a YouTube blog post on Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Lili Notches $55 Million For Freelancers’ Digital Banking Service
May 11, 2021

Lili, the New York- and Israel-based banking app for freelancers, has raised $55 million in a Series B funding round, which brings the startup’s total funding to date to $80 million, Forbes reported. The funding round was led by Group 11, with participation from existing...

Investments
Gojek Gains $300 Million In Funding As It Moves Toward Big Merger
May 10, 2021

In the middle of negotiating a merger deal with Tokopedia, Gojek has reeled in $300 million in investment funds from state-owned mobile operator Telkomsel, Nikkei Asia reported. Gojek is already Indonesia’s largest private tech company. Get the Full Story Complete the form to unlock this...

Investments
Railz Raises $12 Million Toward API Development
May 09, 2021

Railz, which develops an API letting financial institutions (FIs) and FinTechs access real-time data of their customers’ accounting data, has raised $12 million in Series A funding, according to a press release. The investment will let Railz expand its efforts by continuing to build out...

Investments
German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
May 07, 2021

The German delivery startup Gorillas is looking to raise about $500 million at a $6 billion valuation following a $290 million Series B round in March, Bloomberg reported on Friday (May 7), citing sources. Get the Full Story Complete the form to unlock this article and...