Investments

Investments
BaaS Platform NovoPayment Raises $19M
April 19, 2022

NovoPayment has raised $19 million in a Series A round to scale its Banking-as-a-Serivce (BaaS) platform, the company said in a news release Tuesday (April 19). With the funding — and buoyed by a recent 40% increase in client growth — the Miami company says...

Investments
Lending Startup Abhi Valued at $90M After Series A Round
April 19, 2022

Abhi, a Pakistan-based lending startup, has raised $17 million in a Series A funding round, bringing the company’s valuation to $90 million, Bloomberg reported Tuesday (April 19). The funding comes amid an increase in investor interest in Pakistan, with companies in that country raising more...

Investments
Fraud Prevention Firm SEON Raises $94M
April 19, 2022

British-Hungarian online fraud prevention firm SEON has raised $94 million in Series B funding, the company said in a news release Tuesday (April 19). SEON said the funding, arriving a year after its Series A round, will be used to boost its presence in North...

Investments
UrbanPiper Raises $24M From Investors Including Swiggy, Zomato
April 18, 2022

Restaurant management platform UrbanPiper has raised $24 million in a funding round led by Tiger Global and Sequoia Capital India, according to a Monday (April 18) report from The Economic Times. Per the report, UrbanPiper provides software to restaurants to help them manage operations, providing...

Investments
Zambian Card Issuer Union54 Raises $12M
April 18, 2022

Union54, a card-issuing startup based in Zambia, has raised $12 million in a seed extension round to further its goal of offering an alternative to major card companies. As Technext reported Monday (April 18), the round was led by Tiger Global, Vibe VC and new...

Investments
Founder of Argentina’s Ualá Launches VC Fund
April 18, 2022

The founder of Argentina-based FinTech Ualá is launching a venture capital (VC) operation that has raised $30 million so far from a stable of investors. As Bloomberg reported Monday (April 18), Pierpaolo Barbieri’s new firm 17Sigma will focus on early-stage Latin American startups. The region...

Investments
US VC Firms Pump $13B Into Canadian IT
April 18, 2022

American investors are sending a lot of money north to finance Canadian information-technology (IT) startups, which raised a record $13.6 billion in venture capital (VC) last year. That’s according to a Monday (April 18) report by The Wall Street Journal, which said many VC firms...

Investments
Vanguard Offers Financial Advice Service to Amex Card Holders
April 17, 2022

Investment management firm Vanguard has partnered with American Express on a new Vanguard financial advice service which will reportedly cut costs and complexity, a press release says. The service, INVEST for Amex by Vanguard, will be for American Express members who are eligible and will...

Investments
RevenueBase Raises $6M for B2B SaaS Services
April 17, 2022

B2B software-as-a-service (SaaS) solution RevenueBase has racked up $6 million in a seed funding round, which was led by Bessemer Venture Partners, a press release said. There were also 10 venture capital firms taking part. RevenueBase’s work focuses on “completeness of data, data accuracy at...