Investments

Investments
SaaS Startup Mambu Closes €235M Funding Deal at €4.9B Valuation
December 09, 2021

Software-as-a-service (SaaS) banking platform Mambu raised €235 million in Series E funding round led by EQT Growth, bringing its valuation to €4.9 billion and making it one of the highest-valued B2B SaaS companies founded in Europe, according to a press release on Thursday (Dec. 9)....

Investments
Private Equity Firm Accel-KKR Invests in Entersekt to Boost Device Authentication, Security
December 09, 2021

Entersekt, which works in device identity and authentication, has seen an investment from Accel-KKR, which works in private equity, the companies announced Thursday (Dec. 9). The investment will help Entersekt hire more people and expand its business. Entersekt has reportedly worked on new ideas like...

Investments
French Super App Lydia Raises $100M, Valued at $1B
December 08, 2021

The French mobile financial services platform Lydia has raised $100 million in a Series C round, funding that values the company at north of $1 billion. According to multiple published reports, the company will use the funding – led by existing investors Tencent and Accel,...

Investments
Direct Healthcare Company Nomi Raises $110M
December 08, 2021

Nomi Health is looking to expand its offerings following a $110 million Series A, the direct healthcare company announced Wednesday (Dec. 8). “Led by Rose Park Advisors and Arbor Ventures, the funding will immediately support continued platform development, including investments in new offerings that power...

Investments
Tipalti Valuation Hits $8.3B After $270M Funding Round 
December 08, 2021

Global payable solution Tipalti on Wednesday (Dec. 8) announced it closed a Series F fundraising round that brought in $270 million at a valuation of $8.3 billion.  Tipalti has raised more than $550 million since its inception. It will use the company to speed up...

Investments
Financial Services Startup Ualá Launches Broker-Dealer Ualintec Capital
December 08, 2021

Financial services startup Ualá in Buenos Aires, Argentina, recently launched Ualintec Capital, its own broker-dealer operations, to expand the number of investment alternatives it can offer customers through its digital wallet app, Bloomberg reported. Most recently valued at $2.5 billion, Ualá was founded in 2017...

Investments
Indonesian FinTech Startup Flip Raises $48M to Accelerate Expansion
December 08, 2021

FinTech payments startup Flip raised $48 million in a Series B funding round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners, according to a press release on Wednesday (Dec. 8). The fresh infusion of capital will be used to hasten the company’s...

Investments
Incode Moves to Unicorn Status with $220M in Series B Funding
December 07, 2021

Identity verification and authentication platform Incode has generated $220 million in its Series B funding round, pushing the company’s valuation to $1.25 billion and propelling it to unicorn status, the company announced in a Tuesday (Dec. 7) press release. General Atlantic and SoftBank led the...

Investments
Visa Among Belvo’s Recent Investors
December 07, 2021

Visa was among the investors in Latin American open finance API platform Belvo during the recent Series A fundraising round that brought in $43 million for the company. Belvo works with more than 50 financial institutions and more than 125 clients — including FinTech and...