Zest AI, which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence. Zest on Tuesday (Oct. 20) announced that the global software developer Insight Partners will invest $15 million into the firm. The...
Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. 19). AiFi, which was founded four years ago, said the investors include Qualcomm Ventures,...
San Francisco-based Unit21, which offers products for fighting financial crime, has landed $13 million in a funding round led by A.Capital Ventures. Unit21 has experienced “growth of 400 percent by helping risk and compliance teams identify, investigate and report suspicious activity,” the company said in...
B2B order-to-cash solutions provider Billtrust and special purpose acquisition company (SPAC) South Mountain Merger Corporation announced on Monday (Oct. 19) that they have entered into a “definitive business combination agreement.” The combined firm will continue as a publicly listed group, with a roughly $1.3 billion...
Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to an emailed press release. The move comes after GPS’s recent launches in Europe and South East Asia, including Revolut and...
London’s FinTech sector has been going strong this year, even in spite of the pandemic, with $3.6 billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. London is in second place globally...
On-demand digital healthcare service 98point6 has come off a Series E funding round with $118 million, according to a press release. The company works to deliver personalized consultation, diagnoses and treatments to patients anywhere in the U.S. via a mobile app, and users can pick...
Six-year-old insurance technology firm Cover Genius has reportedly raised A$15 million ($10.7 million USD) in capital, including funds from King River Capital and Leap Capital, according to published reports. Sydney, Australia-based Cover Genius focuses on providing insurance products to digital-age corporate customers. The company reports...
MercadoLibre, which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. “We’ve just started planning investments for 2021, and we...
