Financial services digital experience platform Kasisto closed a $15.5 million Series C extension round to advance innovation in artificial intelligence (AI) in the banking sector and continue investing in product development. The fresh infusion of capital was led in the U.S. by Fidelity Information Services...
A payments and financing startup specializing in the construction industry closed $50 million in debt funding and $5 million in seed capital to assist small and medium-sized businesses (SMBs) in the sector pay for building materials. BlueTape, headquartered in Silicon Valley and launched last year,...
Berlin-based startup CNC24 has raised €8.25 million ($8.33 million) in a Series A financing round to further develop its B2B precision parts procurement platform. The platform helps small- to medium-sized businesses (SMBs) and other firms source industrial components from a global supplier network through a...
Software-as-a-service (SaaS) finance company Arc has closed a Series A round for $20 million, to go toward growth for its treasury and software products, a press release said Tuesday (Aug. 16). The company’s products help startups access and manage capital while keeping equity. It was...
Amid a worsening shortage of truck drivers in the United States, FinTech AtoB has raised $155 million in a Series B round to modernize the U.S. transportation industry. AtoB called itself “the first fintech payments platform to modernize the $790 billion trucking industry’s broken financial...
BankTech Ventures (BTV), an investment fund serving community financial institutions (FIs) and bank technology entrepreneurs, raised $115 million to support innovation and investment return for community banks and bank tech companies. “It’s been a whirlwind nine months since we launched BTV,” BTV Managing Director Carey Ransom said...
Dukkantek, a provider of store management platforms based in the United Arab Emirates, announced it has raised $10 million in pre-Series A funding. The company, which focuses on small and medium-sized retailers, said in a Monday (Aug. 15) announcement that it will use the funding...
BankiFi, a provider of embedded banking products for small- to medium-sized businesses (SMBs), announced Monday (Aug. 15) that it has raised $4.8 million, with the funds earmarked for its expansion into North America. The company’s offering lets banks embed products that are particularly useful for...
Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to the $620,000 in pre-seed funding it raised in 2021. The company will use the capital “to expand its product offerings...
