Investments

Investments
Barcelona’s Yaba Nets $83M in Funding Round
March 10, 2022

Yaba, a Barcelona-based aggregator for digital brands that sell on Amazon, has raised 75 million euros (about $83 million) in a funding round, EU-Startups.com reported Thursday (March 10). The startup will use the capital to continue buying companies, grow its staff and strengthen its position...

Investments
Financial Crime Prevention Startup Silent Eight Raises $40M
March 10, 2022

Singapore-based financial crime prevention firm Silent Eight has closed a $40 million Series B funding round, the company said in a news release Wednesday (March 9). The funding, led by TYH Ventures, will go chiefly to expand technology the company’s technological functions and help Silent...

Investments
FinTech Startup Lendai Raises $35M for AI-Based Underwriting System
March 09, 2022

FinTech startup Lendai has raised $35 million in equity and debt seed funding, ZDNet reported Wednesday (March 9). This additional funding will let the company let foreign, non-residential borrowers investing in U.S. real estate properties access immediate funding and competitive rates using its artificial intelligence...

Investments
JIFFY.ai Snags $53M for HyperApp Platform, Sales and Marketing Growth
March 09, 2022

Low-code/no-code intelligent automation platform JIFFY.ai on Wednesday (March 9) closed a Series B fundraising round worth $53 million that it will use to increase its sales and marketing efforts and push its HyperApp platform forward, according to a press release. Fidelity-backed global investment firm Eight...

Investments
Workforce Payments Platform Branch Closes $75M Funding Round
March 09, 2022

Branch, the Minneapolis-based workforce payments platform, has closed on a $75 million Series C funding round, the company announced Wednesday (March 9). The company said the money would be used to double its staff with remote positions across the United States; further its growth in...

Investments
Used Car Trading Platform 2trde Raises $7.7M
March 09, 2022

German B2B used car trading platform 2trde has raised 7 million euros ($7.7 million) in a funding round led by Adevinta Ventures and Aster Capital, Adevinta said in a news release Wednesday (March 9). The Munich-based company says it will use the funding — which...

Investments
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s growth, Bloomberg reported Wednesday (March 9). MTN — the largest mobile phone company in Africa — is set to finish...

Investments
UK-Based Open Finance Partnership Platform mmob Raises $6.6M
March 09, 2022

mmob, the London-based embedded finance network, has completed a 5 million pound ($6.58 million) seed funding round, the company announced Wednesday (March 9) in a press release emailed to PYMNTS. This round of funding is expected to allow the company to expand in the U.K....

Investments
GovTech Online B2B Marketplace CoProcure Nets $22M
March 08, 2022

Online market CoProcure, which works for vendors and buyers of government technology, has raised $22 million in a Series A round, according to a Monday (March 7) report from Government Technology. The move comes as there’s been a greater push for moving B2B commerce to...