Sections
funding
Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.
(source: en.wikipedia.org)
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551InvestmentsThought Machine Notches $83M For Cloud Banking
Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation...
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1.9KInvestmentsMapping Startup WhereIsMyTransport Raises $7.5M From Google, Toyota
WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 million in a Series A...
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2.1KB2B PaymentsSoutheast Asia Tips The B2B FinTech Funding Scales
With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture...
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1.4KInvestmentsMalaysian Food Delivery Startup Dahmakan Raises $18M
Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised $18 million in a Series B funding round,...
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1.7KInvestmentsAfrican Financial Startup JUMO Notches $55M
FinTech upstart JUMO has notched $55 million in equity and debt funding. The newest investment round had participation from current investors, with the inclusion...
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1.4KInvestmentsConnected Home Switches On New Funding And Tech Advances
The connected home received some juice yesterday as software company Plume closed an $85 million round of financing from Charter Communications, Qualcomm,...
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1.7KInvestmentsWells Fargo Invests In AR FinTech DadeSystems With Series D Round
Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round. “DadeSystems has...
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1.4KLegalOracle Says It Backs Groups Taking On Big Tech Rivals
Oracle is among the donors of the Internet Accountability Project (IAP), which aims to fight against the dominance of Big Tech. California-based Oracle...
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2.9KInvestmentsVC Interest In Food Delivery And AgriTech Declines
Investment in food technology and agriculture services around the world dropped almost 5 percent in 2019, showing that investment firms are paying...
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2.1KB2B PaymentsBharatPe Lands $75M To Boost Indian SMB Loans
Indian startup BharatPe has raised $75 million in a Series C funding round to help small businesses in India accept digital payments...
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2.6KB2B PaymentsB2B Investors Reveal Their Appetite For ResTech
With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. PYMNTS’ latest...
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1.7KInvestmentsAsian Food Delivery Firm HungryPanda Raises $20M
Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel...
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2.7KB2B PaymentsOpen Banking Deepens Its SMB Accounting, Lending Presence
As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. This week’s...
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1.5KInvestmentsOutrider Boasts $53M Funding Round For Self-Driving Freight Trucks
Outrider wants to do for yard trucks what Waymo did for ridesharing, and what Einride did for trucking, by providing autonomous alternatives....
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1.9KInvestmentsSentinelOne Picks Up $200M In Funding To Expand AI Cyber Platform
SentinelOne, which provides monitoring and security services for laptops and any kind of device connected to a network, has picked up a...
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2.1KInvestmentsSwiggy Gets $113M In Funding Round
India’s largest food delivery company, Swiggy, has raised $113 million in a Series I funding round, according to a report by TechCrunch....
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1.6KInvestmentsSingapore’s Credify Raises $1M To Expand Into Southeast Asia
Software development company Credify, based in Singapore, has raised $1 million in a seed funding round from SoftBank-backed artificial intelligence (AI) incubator...
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4.1KB2B PaymentsFrench FinTech Closes $4M For New Neobank
FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch...
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2.2KInvestmentsChinese Investors’ $1.4B Into Indian Startups Prompts Questions
Venture capitalists in China are putting record levels of money into tech startups in India, raising questions about the ability of the...
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3.5KInvestmentsIndian Social Commerce Site Simsim Raises $16M
Simsim, an Indian social commerce site, has raised over $16 million through seed and Series A and Series B rounds, according to...
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2.1KInternationalWestern Union Pledges Up To 500K Match For Coronavirus Relief
To help provide relief for COVID-19, the Coronavirus, Western Union and the Western Union Foundation have announced a $1 million worldwide matching...
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1.3KB2B PaymentsProcurement, Digital Banking See VC Funding Rounds
Venture capital funding focused on Software-as-a-Service tied to procurement and purchasing, as well as improving cash flow for companies as they streamline...
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3.5KPartnerships / AcquisitionsFlywire Raises $120M, Acquires Simplee Healthcare
Vertical payments startup Flywire has acquired healthcare technology startup Simplee, while also closing a $120 million Series E investment round led by...
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2.4KInvestmentsFenergo Lands $80M To Grow Banking Compliance Business
Fenergo, a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million...
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1.7KInvestmentsNational Used Car Certification Service Nets $7M In Funding
Donny Hall is an entrepreneur who once created a business called CarSure, essentially an automotive repair insurance plan. According to reporting, Hall...
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2.7KInvestmentsPeloton Rival Equinox Snags Funding From Silver Lake
Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant...
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2.6KInvestmentsHopSkipDrive Lands $22M To Drive School Rideshare Mission
HopSkipDrive, a rideshare company that focuses on getting children to school on time, has raised $22 million to expand on its mission...
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3.4KB2B PaymentsBlockchain-Powered B2B FinTech Roars Back With VCs
It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology...
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4.9KRetailC-Store Chain Foxtrot Raises $17M To Expand Delivery Options
Foxtrot, looking to put a new spin on the classic counter convenience store, offers craft beer, natural wines and several of its...
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1.6KInvestmentsData Logistics Company Deliverr Raises $40M For Universal Two-Day Shipping
Logistics eCommerce shipping company Deliverr has raised $40 million in a Series C funding round, to help give companies that aren’t Amazon...
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1.7KReal EstateHomie Unlocks $23M In Funding To Expand Its Homebuyer Program
Real estate has nearly always been based on direct (often multiple) interactions between buyers and sellers, though the industry continues to adapt...
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2.2KPartnerships / AcquisitionsAlipay, WorldRemit Team On Cross-Border Remittance
Money transfer platform WorldRemit announced a new partnership with Alipay that will make it easier for users to do cross-border transfers and...
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2.7KInternationalDigital Freight’s Bumpy Road As Virus Spreads, Macro Slows
Tech-enabled disruptors promise to upend the way things have always been done to help streamline industries that are paper-reliant, process-reliant and perhaps...
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3.7KInvestmentsSequoia Leads $35M Round In SaaS Firm Finix
Software-as-a-service (SaaS) startup Finix, which sells payments technology to other companies, has raised $35 million in a Series B funding round led...
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2.0KInvestmentsMoney Transfer Startup Azimo Secures €20M In Debt Equity
Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports...
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3.8KB2B PaymentsSMBX, Degrees Plato Partner For Bond Offering
Small business bond marketplace SMBX and taproom and eatery Degrees Plato are partnering to introduce Degrees Plato’s Small Business Bond offering, the...
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2.9KB2B PaymentsProposed Fed Rules Could Allow Banks To Fund Startups
A proposed change to a post-financial crisis rule could shake things up for banks, making it easier for them to invest in...
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3.8KInvestmentsModa Operandi Raises $100M To Invest In Upscale Fashion Marketplace
Online fashion marketplace Moda Operandi announced a $1 million funding boost that it will use to invest in its technology and bolster...
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3.1KInvestmentsPolicygenius Notches $100M For InsurTech Growth
As it aims to invest in adding products and hiring more staff, InsurTech firm Policygenius notched $100 million from investors, with the inclusion of...
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3.7KB2B PaymentsBusiness Banking Co Pleo Shifts To Credit Cards
Pleo, a business banking company, has announced that it is pivoting its business model in partnership with JPMorgan and Mastercard, and will...
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6.4KInvestmentsFarfetch Raises $250M To Grow Luxury Fashion Platform
Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to...
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1.6KInvestmentsManoMano eComm Platform Snags $139M To Hire 200 Employees
ManoMano, a French startup, has raised more cash in a new funding round, reports said. About €125 million ($139 million USD) was...
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1.8KDeliveryBond Lands $15M To Enable Quick Delivery For eComm Firms
New York startup Bond, formed in 2019, has raised $15 million in a funding round from contributors Lightspeed Venture Partners, MizMaa Ventures...
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1.5KRetailFood Startup Thistle Raises $5.65M In Funding For Healthy Meal Delivery
Food startup Thistle aims to be something different in the field of culinary businesses as it delivers thrice-weekly bags full of healthy...
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5.8KInvestmentsVisa Joins $80M Round For Currencycloud
Currencycloud, a U.K.-based FinTech focused on cross-border payments, said Monday (Jan. 27) it had received the equivalent of $80 million from a...
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2.5KReal EstateLA’s CREXi Real Estate Marketplace Lands $30M For Digital Expansion
Online commercial real estate marketplace CREXi — which serves as a digital toolkit of sorts for buyers, sellers and investors — has...
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4.2KInvestmentsMonzo Courts SoftBank As Part Of £100M Capital Raise
British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S....
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4.1KFintech InvestmentsSoftBank To Lead $125M Round For LATAM FinTech AlphaCredit
Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. AlphaCredit is...
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4.1KB2B PaymentsB2B FinTechs Start 2020 Strong With More Than $1B In VC Funding
While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts...
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3.5KInvestmentsCanapi VC Firm Commits $545M To Boost FinTech Startups
Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable...
