Egyptian food-delivery startup Elmenus secured an undisclosed investment from Uber-owned ride hailing and food-delivery platform Careem, which is headquartered in Dubai and operates in over 100 cities across 15 countries, including the Middle East, Africa and South Asia regions. Get the Full Story Complete the...
Perfios has raised over $70 million in a Series C round of funding from existing investors Warburg Pincus LLC and Bessemer Venture Partners, putting the Bengaluru, India-based FinTech startup in the unicorn club, Tech Story reported Sunday (Feb. 27). Get the Full Story Complete the...
Startups have not been doing as well as had been advertised, with a Friday (Feb. 25) Wall Street Journal report finding that several of them stand to miss their revenue targets by huge amounts. Get the Full Story Complete the form to unlock this article...
In today’s FinTech news, trading remains volatile for FinTech IPOs, while credit unions continue their move toward more digital tools. Latino-focused neobank Pana joined the Visa FinTech Fast Track program, and Sweater closed $12 million in funding to grow its startup that aims to give...
Egypt’s Minister of Trade and Industry Nevine Gamea, executive director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), on Friday (Feb. 25) announced that the nation is launching a $50 million venture capital program that’s backed by World Bank, MAGNiTT reported. Get the...
Health technology and services startup Story Health raised $22.6 million in a Series A funding round to innovate and build out its platform connecting heart disease patients and specialty care providers both virtually and in the home. Get the Full Story Complete the form to...
Along with everything else, war brings uncertainty to stock markets. 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 to our daily newsletter, PYMNTS Today. By completing this...
Sweater, which bills itself as a fintech company and venture capital fund on track to become the first full0managed VC fund open to average investors, closed a $12 million funding round, according to a company news release Thursday (Feb 24).Sweater stated in the release that...
Piñata, which describes itself as a rental club whose incentive system makes the renting process easier for tenants and landlords alike, raised $13 million in a Series A funding round, the company stated in a news release. Get the Full Story Complete the form to...
