Clariti has secured $10 million in growth capital financing from CIBC Innovation Banking for its permitting and licensing software solutions for North American local governments. The company also recently received an investment of $18 million from Vistara Growth, according to a Wednesday (June 26) press...
Payments provider Rainforest has raised $20 million to expand its embedded payments offering. The Atlanta-based company said it will use funds from the Series A round, led by Matrix Partners, to advance its technology and product offerings, expand its platform success team and launch new go-to-market initiatives....
Payment infrastructure solution firm Payabli raised $20 million in a Series A round. The Software-as-a-Service (SaaS) company plans to use the funding to drive product development and reinforce security and scalability, according to a Tuesday (June 25) news release. The company also plans to grow...
British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch new products for a wider customer base as it prepares to go public, Zilch announced Wednesday (June 19). “With this...
“Just saying ‘AI’ 15 times is not going to cut it anymore.” So said Stuart Kaiser, head of U.S. equity trading strategy at Citi, speaking to the Financial Times (FT) Wednesday (June 19) about the state of artificial intelligence (AI) investments. As that report noted,...
Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. The company will both expand its portfolio of financing products and make further technology investments in its funding platform, Kapitus said in...
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and from “one of the largest, most experienced West-Coast mutual fund managers,” the company said in a news release Tuesday (June...
Spanish venture capital (VC) firm Kfund has raised $75 million to fund tech projects. The company announced the new fund Monday (June 17), saying it would help support founders in Europe working “with foundational technologies” defined here as “data plays,” “platform layers,” and artificial intelligence (AI). “With a target...
You.com’s parent company is reportedly raising $50 million to tap the AI assistant market. This Series B round would value SuSea, the company behind the You.com search engine, at between $700 million and $900 million, Reuters reported Monday (June 17), citing a source familiar with...