Investments

Fintech Investments
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. Get the Full Story Complete...

Investments
AI Financial Crimes Platform Hawk Grows Funding to Drive International Expansion
July 31, 2024

Hawk has expanded its Series B funding amid a new investing partnership with Macquarie Capital. 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,...

Investments
Monto Raises $9 Million to Seed B2B Payments Platform
July 30, 2024

Israeli B2B payments platform Monto has emerged from stealth with $9 million in funding. 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...

Investments
Rillet Raises $13.5 Million for Accounting Automation Platform
July 29, 2024

Accounting automation firm Rillet has raised $13.5 million to develop its platform. 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...

Investments
Aveni Raises $14 Million to Bring AI to Financial Services
July 29, 2024

Scottish FinTech Aveni has raised $14 million to bring AI to the financial services field. 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,...

IPO
Chinese Autonomous Driving Firm WeRide Plans US IPO
July 28, 2024

WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. 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...

Fintech Investments
Mamo Raises $4.3 Million for UAE Small Business Financing
July 28, 2024

Dubai-based financial services firm Mamo has raised $4.3 million in new funding. 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...

Investments
Fractile Raises $15 Million to Develop New AI Chip
July 26, 2024

U.K. startup Fractile has exited stealth and announced it raised $15 million in seed funding to develop a new artificial intelligence (AI) chip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fintech Investments
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid the headlines driving stocks higher and lower, the banking/FinTech partnerships and some forays into card-not-present security efforts held sway. Get...