Investments

Investments
BaaS Startup Productfy Notches $16M Led by CM Ventures
October 08, 2021

Banking-as-a-service startup Productfy raised $16 million in a Series A funding round led by CM Ventures, with participation by existing investors Point72 Ventures, 500 Startups and Envestnet Yodlee. The fresh infusion of capital will help the company to roll out card issuance as a service...

Investments
African FinTech Finclusion Raises $20M for Enterprise Development
October 08, 2021

Finclusion Group, which works with online monetary and credit score providers using artificial intelligence (AI)-driven methods across Africa, recently raised $20 million for enterprise development across the continent, according to a Euro Journal report Friday (Oct. 8).  The financing, raised in a partnership with Lendable,...

Investments
Colombian FinTech Movii Closes $15M Series B
October 08, 2021

Colombian FinTech Movii raised $15 million in a Series B funding round led by Square and Greg Kidd’s investment fund Hard Yaka, according to reports on Friday (Oct. 9). The fresh infusion of capital is being earmarked for the development of a cryptocurrency-buying platform and...

Investments
Klasha Snags $2.4M for African Cross-Border Commerce
October 07, 2021

San Francisco-based cross-border technology company Klasha on Thursday (Oct. 7) announced it has raised $2.4 million in seed funding that it plans to use to build the necessary technology infrastructure for cross-border commerce in Africa, according to a TechCabal report. Greycroft led Klasha’s funding round,...

Investments
Till Payments Raises $80M for Worldwide Growth
October 07, 2021

Australian FinTech Till Payments announced Thursday (Oct. 7) it wrapped up a $110 million AUD ($80 million) round of Series C fundraising that it plans to use on its North American operations, global consolidation and new payments technology services. New and existing investors in the...

Investments
Rebel Foods Cloud Kitchen Raises $175M for $1.4B Valuation
October 07, 2021

Indian cloud kitchen Rebel Foods on Thursday (Oct. 7) announced the end of a $175 million fundraising round that values the company at $1.4 billion, up from $800 million last year, according to a TechCrunch report. Rebel Foods will use the money to widen its...

Investments
Moroccan B2B eCommerce Firm Chari Raises $5M 
October 07, 2021

The Moroccan B2B eCommerce startup Chari.ma has raised $5 million in seed funding, valuing the firm at $70 million. As Disrupt Africa reported Thursday (Oct. 7), the new funding sets the stage for Chari to expand into French-speaking Africa. Founded in 2020 by the husband-and-wife...

Investments
Series C Values Modern Treasury at More Than $2B
October 06, 2021

The payments operation software firm Modern Treasury announced on Wednesday (Oct. 6) that it has raised $85 million in Series C funding. “The new financing values the company at over $2 billion and positions us to build an enduring, independent company that allows businesses everywhere...

Investments
Wizard Snags $50M in Series A Funding for Conversational Commerce Platform 
October 06, 2021

Former Walmart head of U.S. commerce Marc Lore is now co-founder, chairman of the board and investor in “conversational commerce” B2B startup Wizard Commerce, which recently raised $50 million in a Series A funding round, according to a TechCrunch report Wednesday (Oct. 6).  Startups in...