FPL Technologies, an Indian startup that is less than a year old, has raised $4.5 million in a funding round led by Matrix Partners India, with Sequoia Capital India and others also contributing, according to a report. The company, which is based in Pune, aims...
French startup Upflow, a company that wants to streamline the invoicing process for companies, help them stay organized and ensure they get paid on time, has raised $2.7 million, according to a report by TechCrunch. The funding round included Kima Ventures, eFounders and a few...
Railsbank announced it has raised $10 million in a Series A funding round led by Moneta Capital. CreditEase, Clocktower Technology Ventures, Singapore Life and existing investors including Firestartr also participated in the round. The funds will be used to help the bank continue its global...
B2B2C FinTech company Even Financial announced that it has raised a $25 million strategic round of investment led by Citi Ventures. The round was co-led by MassMutual Ventures, with additional participation from LendingClub. Existing investors American Express Ventures, Canaan Partners, F-Prime Capital, GreatPoint Ventures, and...
In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery gained traction, as measured by funding rounds. As tracked by PYMNTS, total funding activity along sectors as far-flung as logistics, eCommerce, alternative finance...
Financial technology company FastPay has announced it is creating a “receivables securitization program” with an $80 million first tranche. It has partnered with AIG and Cairn Capital, which will offer large amounts of capital to the media and technology sector. The company said in a...
Large investment and equity firm Carlyle Group has taken a majority stake in an artificial intelligence (AI) hiring firm called HireVue, according to a report by Bloomberg. The move comes as an increasing number of private equity firms are making moves and deals in the...
As U.S. household debt climbs, financial health startup Credit Sesame has raised $43 million ahead of its planned IPO, as reported on Friday (Aug. 30). Debt in the country stands at nearly $14 trillion. Credit Sesame aims to expand the available tools to help consumers...
Tampa, Florida-based startup Homee raised $15 million in series B funding led by Forté Ventures, VentureBeat reported on Tuesday (Aug. 27). Funds also came from Liberty Mutual Strategic Ventures, Active Capital Partners, Florida Funders, Deepwork Capital and Engage. The new funding brings Homee’s total raised...
