Investments

Investments
British Neobank Zopa Raises $93 Million to Fuel Growth
September 08, 2023

British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” The company has now raised a total of 530 million pounds ($660 million) since its launch in 2020, including 150 million pounds ($187 million) raised this year, Zopa...

Investments
Report: Getir to Raise $500 Million in Funding Round
September 08, 2023

Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. The investment values the company at $2.5 billion, a decrease from its previous valuation of $11.8 billion 18 months ago, the Financial Times (FT) reported Friday (Sept. 8), citing unnamed...

Investments
Insurance Claims Optimization Company CLARA Analytics Raises $24 Million
September 07, 2023

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has completed a $24 million Series C funding round, bringing its total funding to $60 million. With this latest funding, the company aims to enhance its platform’s AI capabilities, including generative AI,...

Investments
Treyd to Expand Markets and Enhance Product Offering With New Funding
September 07, 2023

Stockholm-based FinTech company Treyd has secured a $12 million extension of its Series A funding, bringing its total investment to $25 million. This funding will be used to expand existing markets, enhance the core product offering and work toward achieving profitability, the company said in a Thursday...

Investments
Shop Circle Raises $120 Million to Develop eCommerce Tools
September 06, 2023

Shop Circle has secured $120 million in Series A funding to further develop its suite of eCommerce tools. The firm also aims to solidify its position as a one-stop shop for software for eCommerce merchants, Shop Circle said in a Thursday (Sept. 7) blog post. “Our...

Investments
Wayflyer Bolsters Growth Platform With $1 Billion Financing
September 06, 2023

Wayflyer, a revenue-based financing and growth platform for eCommerce businesses, has secured $1 billion dollars in financing from investment management firm Neuberger Berman. This off-balance sheet program will enable Wayflyer to deploy capital to its extensive network of over 3,000 eCommerce merchants globally, the company said...

Investments
Momnt Raises $15 Million to Grow Lending and Financing Platform
September 06, 2023

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the point-of-sale (POS) financing sector, beginning in the home improvement industry and then expanding into other verticals, the company said in a Wednesday...

Investments
Buttnernut Box Raises Over $350 Million Amid Pet Care’s D2C Shift
September 05, 2023

With consumers disproportionately turning to eCommerce channels to get their pet supplies — and willing to pay a premium to do so — Butternut Box is bringing in funding by the hundreds of millions. The United Kingdom-based direct-to-consumer (D2C) brand, which sells dog food subscriptions, announced Monday...

Investments
ThetaRay Raises $57 Million for AI-Driven Financial Crime Detection
September 05, 2023

Payments firm ThetaRay has raised $57 million to boost its financial crime detection capabilities. The growth round, announced Tuesday (Sept. 5), was led by Portage and will allow ThetaRay to accelerate its global growth plans. “Global payment infrastructure too often fails to accurately differentiate between perfectly legitimate transactions...