Small business working capital startup Factris secured 10 million euros in funding from NN Investment Partners, a Goldman Sachs-owned asset manager. Headquartered in Amsterdam and co-founded in 2017 by Brice Laurent and board advisor Marcel Meijer, the FinTech offers capital to small and medium-sized enterprises (SMEs) in Europe, Silicon Canals...
Swedish eCommerce FinTech Juni has raised $206 million in a Series B and venture debt funding round, a press release said, with the money going to fuel hiring and growth, as well as product development. Juni was founded in 2020, and is a financial management...
Codat, a universal application programming interface (API) for small business data, has raised $100 million in a Series C investment that will help build and reinforce critical infrastructure, according to a Wednesday (June 8) press release. J.P. Morgan Growth Equity Partners led the Series C...
Indian digital wallet and payments startup Mobikwik is in talks to raise up to $100 million in equity to help it expand following the postponement of its initial public offering (IPO). That’s according to a Wednesday (June 8) report from Bloomberg News, which said the...
Lebanese super app toters has raised $18 million in Series B funding, money the company says will help it expand into Iraq. As Magnitt reported Wednesday (June 8), the round was led by the World Bank Group’s International Finance Corporation (IFC) and March Holding, along...
Construction industry change order communication platform Extracker finalized a $7 million oversubscribed Series A fundraising round that it will use to broaden the availability of its software, according to a Wednesday (June 8) company press release. Cloud Apps Capital Partners led the funding effort for...
Integrated reconciliation and ledger data platform Proper Finance finalized a $4.3 million seed round that it will use to develop its suite of products, including Reconciliation-as-a-Service, payments data platform and the universal ledger, according to a Wednesday (June 8) company press release. Proper, which allows...
NymCard has raised $22.5 million in a new funding round, the card issuer and Banking-as-a-Service (BaaS) provider announced Wednesday (June 8). “With a presence in Abu Dhabi, Dubai, Riyadh, Cairo and Karachi, NymCard intends to use these funds to further grow its teams and strengthen...
Treasury Intelligence Solutions (TIS), a German enterprise B2B payments company, said it has put together a debt facility with Kreos Capital to provide up to €50 million ($53.5 million) in financing, a press release said Tuesday (June 7), which will fund TIS for product innovations,...
