B2B FinTechs this week scored more than $137.5 million for their technologies, which ranged from cybersecurity solutions to supply chain analytics. Several investments highlighted the opportunity for FinTech startups and their investors to help businesses through the pandemic, with outfits focused on digitizing B2B commerce...
Finix has extended its Series B funding round to $75 million, according to a company blog post. The total funding is now $96 million for the company, which helps other firms transition to digital payments. The round was led by Lightspeed Venture Partners. American Express...
Socure, the identity verification and fraud prevention software provider, announced on Tuesday (Aug. 25) that it has raised $35 million in funding. The round was led by Sorenson Ventures with an assist from existing investors Commerce Ventures, Scale Venture Partners and Flint Capital, the New York-based company said. In addition, there...
Google‘s cloud division is investing $100 million in Amwell, a telehealth operator preparing to go public, according to CNBC. The investment will come with Amwell transitioning some parts of its business away from Amazon Web Services and onto Google Cloud. Amwell will use Google as...
Zomato, the food-ordering and delivery startup in India, is completing a fundraising deal with a division of the Singapore government’s Temasek Holdings. LiveMint.com reported Zomato plans to sell about 15,200 shares to MacRitchie Investments, according to filings with the Ministry Of Corporate Affairs, India’s equivalent...
Mall and mixed-use developer Phoenix Mills has raised Rs 1,100 crore from selling shares of its stock, reported Indian daily paper Business Standard. About 40.9 percent of that is from Singapore’s government. The investment comes despite the difficulties of malls due to the growth of...
Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg. The amount of the fund being $2 billion would make it one of the largest in the field, Bloomberg reported....
Drizly Group, which works in alcohol eCommerce and delivery, has closed a $50 million Series C funding round, according to a press release. The round was spearheaded by New York-based investor Avenir, and Tiger Global and other existing investors also participated. The money will go...
Affordable housing tech startup PadSplit is expanding into Houston after raising millions in venture capital. The Atlanta-based company, which rents out rooms in converted single-family homes and apartments, has inked a deal for $10 million in a Series A round led by Core Innovation Capital,...
