Investments

Investments
German HealthTech Platform Climedo Snags $5.7M in Funding
February 16, 2022

Munich-based HealthTech platform Climedo on Wednesday (Feb. 16) announced it has secured €5 million (almost $5.7 million) in funding for its decentralized clinical trials digital offering. Climedo will use the fresh capital to expand across Europe and further develop its software solutions to make it...

Investments
Allos Ventures Closes Allos IV Fund for Midwest Tech Companies
February 16, 2022

Venture capital firm Allos Ventures has closed the Allos IV fund, which invests in high-growth technology and early-stage B2B software companies in the Midwestern United States, according to a Wednesday (Feb. 16) press release. The Allos IV fund will target Series A financing rounds but...

Investments
Cash Back App ShopBack Seeks $150M in Funding
February 16, 2022

Online shopping rewards app ShopBack is hoping to fuel its expansion with a $150 million funding round that would value the startup at roughly $1 billion. As Bloomberg News reported Wednesday (Feb. 16), sources close to the matter say the Singapore-based company is working with...

Investments
Flutterwave Raises $250M Series D at $3B Valuation
February 16, 2022

Flutterwave, one of the leading technology companies in pan-African payments, closed a $250 million Series D funding round, upping the startup’s value to an estimated $3 billion. The company gave a few hints about how the funding will be allocated to advance Flutterwave’s growth strategy,...

Investments
Today in FinTech: RapiPay Picks Up $15M to Build Digital Financial Nexus
February 15, 2022

In today’s FinTech news, RapiPay bagged new funding to develop a digital financial landscape and banking app, and PayU introduced two new credit solutions for consumers in Romania. Additionally, Citi — a longtime partner of SIMON Markets — signed on to invest an undisclosed amount...

Investments
SaaS Procurement Platform Tropic Raises $40M to Expand its Products
February 15, 2022

Software-as-a-service (SaaS) software procurement platform Tropic has raised $40 million in a Series B funding round, the company announced in a news release Tuesday (Feb. 15). Tropic says this brings its total funding to $65 million since August of last year. The latest round will...

Investments
Direct-to-Patient Healthcare Firm Ro Nets $150M to Expand B2B Solutions, Patient Experience
February 15, 2022

Direct-to-patient healthcare company Ro announced in a press release it has raised $150 million from existing investors Tuesday (Feb. 15), along with the launch of Ro Derm, a digital skincare clinic. “In less than five years, Ro has become the only company to combine nationwide telemedicine,...

Investments
Citi Becomes Strategic Investor in SIMON Markets
February 15, 2022

Global investment bank and financial institution Citi became the latest strategic investor in FinTech SIMON Markets LLC on Tuesday (Feb. 15). Citi is a longtime partner of SIMON, which offers an end-to-end digital suite of tools to help financial professionals navigate the investment market. Citi...

Investments
Voyager Innovations Could Look to Raise as Much as $200M
February 15, 2022

Voyager Innovations, owner of the FinTech PayMaya, could be on the hunt for additional funding in the range of $150 million to $200 million, Bloomberg reported on Tuesday (Feb. 15) citing sources with insider information. The Philippine FinTech firm is a wholly owned subsidiary of...