Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. The Chicago-based FinTech announced on Tuesday (Sept. 29) that it had inked a funding deal with Continental Investors. The amount was...
Walmart Inc. is in talks for as much as a $25 billion stake in a Mumbai, India conglomerate that is planning to launch a “super app” designed to offer a mega selection of retail products, sources told Mint. The Tata Group’s app, on track to debut by...
Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. PayMongo plans to use the new...
Remote healthcare firm Hims Inc. is getting close to an arrangement to go public via a merger with special purpose acquisition company (SPAC) Oaktree Acquisition Corp., Bloomberg reported, citing unnamed sources, at a time when the SPAC model has become more popular. The arrangement could...
Petal, a startup with a mission to shake up the world of credit cards, is poised for more expansion after nailing down another big commitment from its investors. The New York-based FinTech, which bases credit decisions on an individual’s cash flow rather than standard industry...
FinTech company Greenlight Financial Technology, which makes products to help parents raise financially literate children, said Thursday (Sept. 24) it raised $215 million in Series C venture funding. The investment and its associated valuation put the company’s total value in excess of $1.2 billion, according...
MineralTree Inc., the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. 24). The funding initiative is being led by existing investors Great Hill Partners LP, the Boston-based private equity firm,...
Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. The efforts will also include initiatives to sell more directly to customers. The round...
Trading FinTech Robinhood Markets Inc. has grown the size of its newest investment round to $660 million, Fox Business reported, citing a representative from the firm. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is...
