Another company in the hot travel-tech space has landed a major investment. Poland-based Hotailors, in addition to announcing $24.2 million in funding from DC24 ASI, announced it has begun doing business under the name Worktrips.com. The company specializes in artificial intelligence-driven booking of corporate travel....
Egyptian merchant financial services Paymob has raised $50 million in Series B financing, reportedly the largest such funding for a FinTech in that country. According to a Monday (May 9) report by Tech Funding News, the round brings the total funding raised by Paymob to...
Decision intelligence platform provider Pyramid Analytics has raised $120 million in a Series E round, the company announced in a Monday (May 9) press release. The round brings the company’s total capital raised to north of $200 million. Pyramid said it will use the money...
Billionaire Elon Musk, still set to buy social media app Twitter, has plans to “quintuple revenue” to $26.4 billion by 2028, The New York Times (NYT) reported. The company’s annual revenue was $5 billion in 2021. Musk is the world’s richest man and has pitched...
Switzerland-based technology and payments company Global Blue has secured a $225 million strategic growth equity investment from CK Opportunities Fund, an investment fund co-managed by Certares Opportunities, and Knighthead Opportunities Capital Management, according to a Friday (May 6) press release. Global Blue is planning to...
Healthcare buy now, pay later (BNPL) firm Walnut says it is planning to expand following a $110 million Series A funding round. “This round allows us to truly double down on our mission by expanding our product and team to new geographies and specialties within...
Neo Financial, the Canada-based digital bank, has raised 185 million in Canadian dollars ($145 million) in a funding round, a report from The Bharat Express News said Thursday (May 5). This comes as the bank got past the mark of 1 million customers. Neo Financial...
Multi-stage investment group The Chernin Group (TCG) will be investing $263 million in Funko, according to a Thursday (May 5) press release. TCG is known for “building and growing” consumer businesses seeing popularity in the media, commerce and tech industries. The investment will see Funko...
Rali_cap, an early-stage venture capital firm investing in emerging markets FinTech, has increased its new fund by $10 million, Yahoo reported Thursday (May 5). This comes after the company, which used to be called Rally Cap Ventures, last month reached a close of $20 million,...
