Investments

Investments
Mobile Payments Platform PayByCar Raises $4M
April 28, 2022

Boston-based mobile payments platform PayByCar announced this week it had completed a $4 million seed funding round. “Following a string of successes since our 2020 pre-seed round funding, today’s announcement is the beginning of our next chapter in financing the expansion of our services across...

Investments
Minka Raises $24M for Clearinghouse and Central Bank Modernization
April 28, 2022

Colombia-based FinTech Minka on Thursday (April 28) grabbed $24 million in capital through a funding round that it will use to continue the modernization of its clearinghouse and central banks infrastructure and grow its network with a full-service publishing and money-moving platform. Tiger Global and...

Investments
Digital Freight Forwarding Company OnePort 365 Grabs $5M in Seed Funding
April 28, 2022

Digital freight forwarding company OnePort 365 grabbed $5 million in seed funding that it will use to improve its efficiency and lower its overhead on cross-border trading across Africa and deliver new services to increase profitability, according to a Tech Funding News report Thursday (April...

Investments
B2B Payments Startup Streamlined Raises $4M
April 27, 2022

Streamlined, a new startup working on creating a better payments infrastructure, has raised $3 million in a seed financing round, TechCrunch reported Wednesday (April 27). Boris de Souza, one of Streamlined’s founders and its CEO, used to be an founding engineer with digital bank Chime....

Investments
African B2B Marketplace Kwely Grabs $1M in Seed Round
April 27, 2022

African B2B marketplace Kwely Inc. on Monday (April 25) finalized a $1 million seed funding round with a $700,000 injection of fresh capital led by WIC Capital with participation from Loftyinc Capital, Afropreneur Angels, Haskè Ventures and other angel investors. According to a company blog...

Investments
GetUpside Becomes Upside, Raises New Capital and Debt Financing
April 27, 2022

Retail technology company GetUpside is being rebranded as Upside and has raised $65 million in equity financing and $100 million in debt financing, the company announced Tuesday (April 26). Participants in the latest financing move included existing investors Bessemer Ventures and Builders VC and new...

Investments
Ondo Finance Takes in $20M in Series A to Develop ‘Decentralize Investment Bank’
April 27, 2022

Ondo Finance has raised $20 million in a Series A funding round designed to support its project of “building a decentralized investment bank,” the company said in a news release Wednesday (April 27). The round was led by Peter Thiel’s Founders Fund and Pantera Capital,...

Investments
Eurora Solutions Snags $40M for eCommerce Compliance Platform
April 27, 2022

Estonian artificial intelligence (AI) and machine learning cross-border eCommerce compliance platform Eurora Solutions nailed down $40 million in Series A funding in an oversubscribed round that’s considered one of the largest financing rounds of its kind among Estonian startups, according to a Wednesday (April 27)...

Investments
British Lender Outfund Launches $627M Investment Fund
April 27, 2022

British revenue-based financing (RBF) company Outfund plans to invest £500 million ($627 million) of lending to over 5,000 businesses in the next 12 months. According to multiple published reports Wednesday (April 27), this announcement follows the recent completion of Outfund’s £115 million ($144 million) Series...