Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to new use cases. The company currently powers more than 60 FinTech and consumer lending clients and has enabled 30 million...
Milan-based Qomodo has raised 13.5 million euros (about $14.1 million) in a Series A funding round to continue developing solutions like buy now, pay later (BNPL) and SmartPOS for Italian merchants. The company said in a Tuesday (Jan. 21) post on LinkedIn that in its...
Data and artificial intelligence firm Databricks is now a $62 billion company. The company reached that valuation after closing a Series J funding round, taking in $10 billion in equity financing along with a $5.25 billion credit facility from several of the world’s biggest banks,...
Highnote has raised $90 million in a Series B funding round to continue to grow its unified payments platform. The company also expanded into U.S. merchant acquiring with the launch of its acquiring solution, it said a Tuesday (Jan. 21) press release. “The acquiring landscape has...
Middle East and Africa (MEA)-focused payment orchestration platform MoneyHash has raised $5.2 million. The pre-Series A round will allow MoneyHash to continue its focus on improving the payments landscape in emerging markets, the company said in a Tuesday (Jan. 21) news release. “In emerging markets, payment infrastructure remains...
Barcelona-based startup Zynap has raised 5.7 million euros (about $5.9 million) in a seed round to continue developing its artificial intelligence-powered cybersecurity platform. “Today marks a huge milestone for Zynap,” the company said in a Tuesday (Jan. 21) post on LinkedIn. “With the support of...
1Money emerged from stealth Thursday (Jan. 16), saying it raised over $20 million in seed capital and is developing Layer 1 protocol purpose-built for stablecoin payments. The company will use the funding to launch the 1Money Network, and plans to launch it during the second...
Dutch FinTech Klearly raised 6 million euros (about $6.2 million) in a seed round to grow its software point-of-sale (SoftPOS) product for hospitality businesses, mobile vendors and other small businesses. The company’s embedded payment product allows merchants to use any existing Android or Apple terminal...
Berlin-based Nelly raised 50 million euros (about $52 million) to further develop its platform for medical practices, increase its market share in Germany and expand it to new European markets. The company’s Patient Experience Platform and Financial Operating System (FinOS) enables practices to streamline workflows...
