Investments

Investments
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently simplifies payments throughout Southeast Asia, Turkey and Europe, the company said in a Wednesday (May 31) press release. The platform...

Investments
Fidelity Slashes Value of Its Twitter Stake Once Again
May 31, 2023

Twitter is now worth a third of the $44 billion Elon Musk paid for it. That’s according to a recent assessment by Fidelity, which has reportedly slashed the value of its own stake in the company — now listed as X Holdings — a number...

Investments
Talis Capital Announces First Closing of $175 Million Fund
May 30, 2023

Talis Capital has announced the first closing of its $175 million fund. With this fund, which is its third fund and its largest to date, the venture capital (VC) firm will continue to lead seed and Series A rounds in tech infrastructure, climate and consumer...

Investments
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the new capital to expand the capabilities of its product and grow its business in India and other countries, The Economic Times reported...

Investments
Sastrify Raises $32 Million to Tackle ‘SaaS Sprawl’
May 25, 2023

Procurement platform Sastrify has raised $32 million to help companies avoid overspending on software. The Series B round will help the company scale its teams in the United States and Europe and accelerate product development as Sastrify tries to tackle what it referred to as “sprawl” in the Software-as-a-Service...

Investments
Pesto Raises $11 Million and Launches Asset-Backed Credit Card
May 25, 2023

Pesto has raised $11 million and launched an asset-backed credit card. The Pesto Mastercard, which is the company’s first product, is available to customers who send valuables to be used as collateral and is designed to provide an alternative to pawn and payday loans, Pesto said in...

Investments
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South Africa and the Philippines, to expand in Southeast Asia in the future and to perform a partial buyback, according to...

Investments
Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
May 24, 2023

Moonfire Ventures has raised $115 million for European early-stage startups and the artificial intelligence (AI) space. The new fund is the latest in a series of examples of venture capital (VC) interest in AI. “With this new fund, we’re also continuing our mission to integrate state-of-the-art technology across...

Investments
Figure Raises $70 Million to ‘Deploy Humanoids Into the Workforce’
May 24, 2023

Artificial intelligence company Figure has raised $70 million toward its goal of commercialized, humanoid robots. The Series A round, announced Wednesday (May 24) is part of a wave of recent funding in the artificial intelligence (AI) space, and is designed to help the company build...