Finnish software maker Relex Solutions raised 500 million euros ($568 million) in new investment capital at a 5-billion-euro ($5.6 billion) valuation through a fundraising round that will help the company better meet retailers’ needs for artificial intelligence robots during ongoing supply chain slowdowns. Blackstone Growth led...
FinTech on-demand salary access provider Earnipay has closed a $4 million seed round, the Nigerian company announced Thursday (Feb. 17). The cash will be used to speed development of its tech platform to serve large employers. By doing so, Earnipay said it will provide employees...
Autonomous convenience store startup Boxy has raised $28.4 million (25 million euros), fueling its plans to expand across its home country of France. As EU Startups reported Thursday (Feb. 17), the Series A funding round was led by new investor Serena, with historical investors CapHorn...
Indian eCommerce startup ElasticRun has raised $330 million, bringing the company’s valuation to $1.5 billion. According to a press release posted Thursday (Feb. 17), the company — which provides supply chain and credit services to small Indian corner stores, known locally as “kirana” — will...
Brazilian startup PayHop raised $2.2 million in a seed round to go towards helping the FinTech scale its business, which enables retailers to use credit card receivables as collateral for loans, according to reports. The funding was led by Serasa Experian’s investment arm, with participation...
Check, a payroll infrastructure company, announced Wednesday (Feb. 16) that it raised $75 million in a Series C round led by Stripe. The funding round also saw participation from existing investors Bedrock, Thrive and Index. Check’s services allow for platforms to put payroll services in...
Stronghold’s $100 million investment fund, Stronghold Capital, plans to focus on supporting overlooked and underrepresented founders and fund managers, the payments and FinTech ecosystem, Web3 and blockchain, according to a Wednesday (Feb. 16) press release. The fund has already loaded capital into Alameda Research, through...
U.K. FinTech Atom Bank announced Wednesday (Feb. 16) that it has raised £75 million (roughly $102 million) for a valuation of £435 million ($590.9 million), as its plans for an initial public offering (IPO) grow closer to reality. Atom Bank said it doesn’t know whether...
Paywallet, a payroll-linked verification and remittance system, has gotten $14 million in funding and recently closed its Series A funding round at $8.82 million, a press release said. With the new funding, the company plans to expand its sales and marketing efforts and will build...
