Investments

Investments
Visa Joins $80M Round For Currencycloud
January 27, 2020

Currencycloud, a U.K.-based FinTech focused on cross-border payments, said Monday (Jan. 27) it had received the equivalent of $80 million from a series of investors including Visa. Other investors included World Bank’s International Finance Corp., Siam Commercial Bank and BNP Paribas, as well as SoftBank’s...

Investments
Life House Tech-Focused Hotel Brand Closes $30M Fundraise
January 27, 2020

Ashton Kutcher is among the many investors closing a $30 million deal to help Life House continue its disruption of hotels, Life House announced on Friday (Jan. 24). The Series B funding was led by Thayer Ventures, with Tiger Global, JLL Spark, and Ashton Kutcher...

Investments
Monzo Courts SoftBank As Part Of £100M Capital Raise
January 27, 2020

British banking unicorn Monzo is in talks with Japanese investment conglomerate SoftBank for financial assistance in its growth plans into the U.S. Monzo Co-founder Tom Blomfield sat down with senior officials from SoftBank’s Vision Fund, sources told The Telegraph on Sunday (Jan. 26). The digital...

Investments
Canapi VC Firm Commits $545M To Boost FinTech Startups
January 23, 2020

Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base. Canapi Ventures, which specializes in early to growth-stage FinTech companies, will be working to provide funds to a new generation of...

Investments
Stasher Snags $2.5M To Help Travelers Stow Their Luggage
January 22, 2020

Popular luggage storage app Stasher has secured another $2.5 million in financing thanks to Venture Friends and other investors, including former hotels.com president Johan Svanstrom. Stasher, a luggage “sharing economy solution” debuting in 2015, utilizes a marketplace and app that coordinates travelers, convention goers and...

Investments
SoftBank Joins Berkshire Grey’s $263M Funding Round For Retail Robotics
January 22, 2020

Robotics and artificial intelligence company Berkshire Grey has raised $263 million in Series B financing to continue providing global Fortune 100 companies with retail, eCommerce and logistics fulfillment automation. SoftBank, Khosla Ventures, New Enterprise Associates and Canaan all participated in this financing round, Berkshire Grey...

Investments
Newly Funded Flutterwave Becomes WorldPay’s First African Partner
January 21, 2020

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports on Tuesday (Jan. 21).  Capitalizing on Africa’s growing payments market, Flutterwave will serve as the...

Investments
Supplier Network Co scoutbee Gets $60M In Series B Round
January 20, 2020

Supplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and Toba Capital all participating, according to a release.  As part of the round, Atomico Partner Hiro Tamura is going to...

Investments
AvidXchange Gets $260M In Financing Round
January 17, 2020

Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, according to a press release. The company has raised over $800 million in its two-decade history, with contributions from investors like TPG Sixth Street Partners...