Spades, a dine-in payment FinTech based in the United Arab Emirates (UAE), has closed a $2.5 million angel round, according to a Magnitt report Tuesday (May 10). Spades’ service allows guests to pay bills easily by scanning a code or tapping to pay, without any...
London-based smart grocery shopping assistant Lollipop is the latest example of the surge in the FoodTech industry after it secured almost $6.2 million in a seed funding round, according to an announcement Tuesday (May 10), Tech Funding News reported. Octopus Ventures led Lollipop’s fundraising effort,...
eCommerce fulfillment startup Byrd recently closed a $56 million Series C fundraising round that it will use to continue its growth around the world and expand into other countries, according to a Tech Funding News report Tuesday (May 10). The company has raised $75 million...
SoftBank’s Vision Fund, a $100 billion pool of money designed to fund tech startups, is suffering from the market’s tech selloff, the Wall Street Journal reported Tuesday (May 10). According to the report, the Japanese company is set to report results on Thursday (May 12)....
Payment and embedded FinTech solutions firm Opn has raised $120 million in a Series C+ funding round, the Tokyo-based company announced Monday (May 9). The round brings Opn’s total funding to $222 million, the company said in an announcement on its website. According to published...
British Software-as-a-Service (SaaS) payments infrastructure platform Paddle has raised $200 million in a Series D funding round that values the company at $1.4 billion, according to a company press release website Monday (May 9). Paddle Co-Founder and CEO Christian Owens said in the release the...
Get ready for a seismic shift in the venture capital (VC) industry. Amid the downturn in the public markets, the swoons in the Nasdaq (down more than 20% YTD), the PYMNTS FinTech IPO Index is down even more, off a staggering 35% YTD through last...
Cashew, a buy now, pay later (BNPL) firm from the United Arab Emirates (UAE), has secured up to $10 million in debt and equity financing from Mashreqbank, a local lender, to help it expand more quickly, Reuters wrote Monday (May 9). Cashew CEO Ammar Afif...
Mashgin, a touchless self-checkout system powered by artificial intelligence (AI) and computer vision, has raised $62.5 million in a Series B funding round that values the business at $1.5 billion, according to a Monday (May 9) press release. The company, which has received $74.7 million...
