FinTech equipifi has raised $12 million in a Series A funding round to continue rolling out its white-label buy now, pay later (BNPL) service to banks and credit unions (CUs), the company announced in a Monday (May 23) press release. Scottsdale, Arizona-based equipifi already has...
Egyptian online used car marketplace Sylndr is looking to expand after raising $12.6 million in a pre-seed funding round. As Tech Funding News reported Monday (May 23), the Cairo-based company plans to use the funds to double the size of its team, while building on...
Today is May 23. It’s Victoria Day in Canada. A holiday originally meant to mark the birthday of Queen Victoria, it now serves as a celebration of the country’s sovereign and — like Memorial Day in the U.S. — the unofficial launch of Canada’s summer....
General Atlantic, the global private equity firm, will put $2 billion into India and Southeast Asia in the next few years after declining valuations for startups made them more appealing, Reuters reported Sunday (May 22). General Atlantic is in talks with 15 companies in various...
Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company’s valuation is now $1.1 billion. The company will use the capital to continue growing by investing...
Recommerce company FloorFound has gotten $10.5 million in Series A financing, a press release said Thursday (May 19). The funding will go towards expanding the Austin, Texas, company’s market presence in the U.S., and also add new retail verticals for appliances, mattresses and exercise equipment....
Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according to a Thursday (May 19) press release. The company plans to use the fresh capital to continue its expansion of...
Unit is now a unicorn. The Banking-as-a-Service (BaaS) platform announced this week that it raised $100 million in a Series C funding round that brings its valuation to $1.2 billion. This valuation makes Unit the first BaaS company to achieve unicorn status, when a private...
Swedish buy now, pay later (BNPL) firm Treyd has raised $10.5 million in a Series A round, UKTN reported Wednesday (May 18). The funding will help the company expand to the U.K. and operate out of Stockholm and London in a manner similar to BNPL...
