Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7% interest in the Brazilian startup, according to a press release on Monday (Feb. 14). BBVA anticipates the new deal will...
TruKKer, a Saudi Arabia-headquartered digital freight network, raised $96 million in a mix of debt and equity Series B financing, according to a Monday (Feb. 14) press release. The company plans to use the capital to expand in existing markets in the Middle East and...
South African API infrastructure startup Stitch raised $21 million in a Series A funding round to help accelerate the expansion of Africa’s rapidly growing FinTech sector, according to a press release. The company raised $6 million in a seed round last year after coming out...
London-based B2B software company Hullabalook, which works on retailers’ eCommerce site building, has raised £6 million ($8.2 million) in a Series A funding round, the company announced Feb. 8. Hullabalook’s platform allows companies to make user “journeys” which can be used by various types of...
Private equity firm Falfurrias Capital Partners has tapped Florida credit union (CU) consulting startup Engage Fi to be one of the recipients of its $850 million investment fund, the Tampa Bay Times reported Friday (Feb. 11). Engage Co-Founder and CEO Jenn Addabbo did not disclose...
French buy now, pay later (BNPL) startup Alma is preparing to expand across Europe after wrapping up a 210 million euro ($239 million) Series C funding round. According to multiple published reports Friday (Feb. 11), the company will use the new financing to help fuel...
Cash rained down on FinTechs in 2021, with venture capitalists almost doubling funding in both transaction value and volume, according to data from S&P Global Market Intelligence. However, FinTechs shouldn’t plan on the same kind of financial love in 2022 — between dwindling valuations in...
Las Olas Venture Capital (LOVC) led a $5 million seed financing round into Leverage.ai, its third Fund II investment, according to a Thursday (Feb. 10) press release. The round also saw participation from Mark Cuban, Gaingels, Great Oaks, Tensility VC, Social Impact Capital, Hyphen Capital,...
Venture capital funding of U.S. FinTechs almost doubled in both transaction value and volume, according to an analysis released Thursday (Feb. 10) by S&P Global Market Intelligence. The company says the jump in transaction value was especially surprising but cautions that 2022 could be a...
