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

FinTech Stax Reaches Unicorn Status Following $245M Funding

FinTech Stax Reaches Unicorn Status Following $245M Funding
FinTech Stax Reaches Unicorn Status Following $245M Funding
March 08, 2022  |  Investments

Minority-led, all-in-one payments platform Stax reached unicorn status with a valuation of just over $1 billion after raising $245 million from Greater Sum Ventures, HarbourVest...

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Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022  |  Investments

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a...

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Naqla Raises $10.5M for Egyptian Logistics Platform
Naqla Raises $10.5M for Egyptian Logistics Platform
March 07, 2022  |  Investments

Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in...

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CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
CIBC Pledges $12M to Help Salon-Booking App Phorest Grow
March 07, 2022  |  Investments

London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Get the...

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Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards Talent; CredAvenue is India’s Fastest Growing Unicorn 
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022  |  Fintech Investments

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender...

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NFT Trader Immutable Notches $200M Series C at $2.5B Valuation
NFT Trader Immutable Notches $200M Series C at $2.5B Valuation
March 07, 2022  |  Investments

Immutable, an Aussie startup for trading NFTs on Ethereum, raised $200 million in a Series C funding round at a valuation of $2.5 billion, according...

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B2B Seafood Seller Captain Fresh Valued at $500M After Series C
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022  |  Investments

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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