Investments

Investments
Indian BNPL Startup Actyv.ai Raises $5M
February 23, 2022

B2B buy now pay later (BNPL) startup Actyv.ai has raised $5 million in a Pre-Series A funding round led by Dubai’s 1Digi Investment. The Mumbai-based firm announced the funding in a news release Wednesday (Feb. 23), saying the money would allow it to scale and...

Investments
Berlin FinTech Forget Finance Raises 3.5M Euros
February 23, 2022

Berlin personal finance FinTech Forget Finance raised 3.5 million euros ($3.96 million) in seed funding led by venture capital firms btov Partners and UVC Partners, the startup announced in a press release emailed to PYMNTS on Wednesday (Feb. 23). Launched two years ago by Jurek...

Investments
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million to 500 million euros). As Bloomberg reported Wednesday (Feb. 23), sources close to the matter say Penta, which provides small...

Investments
Clickatell Nets $91M in Series C to Expand Chat Commerce Offerings
February 22, 2022

Clickatell, which provides solutions for payments within digital chats, has secured $91 million in its Series C, according to a Tuesday (Feb. 22) press release. The company will use the funding to expand its chat commerce offerings, make more of an impact in the U.S....

Investments
CIBC Innovation Banking Finances Graphite Ventures Through Series A Rounds
February 22, 2022

CIBC Innovation Banking on Tuesday (Feb. 22) provided financing solutions, including a capital call line of credit, to seed-stage investment firm Graphite Ventures through to the rights for Series A rounds. According to a joint press release, the capital call facility will allow Graphite to...

Investments
Finance Software Firm Place Lands $3.25M in Funding
February 22, 2022

Agile finance platform Place has announced $3.25 million in new capital, a Tuesday (Feb. 22) press release said. The round was led by Geekdom Fund, with participation from new investors like 7BC Venture Capital. Angel investors also participated. Place will be expanding its senior management team...

Investments
African B2B Commerce Platform MarketForce Raises $40M in Series A
February 22, 2022

Business-to-business (B2B) commerce startup Marketforce raised $40 million in a Series A funding round to help the company grow its platform for retail distribution of consumer goods and digital financial services in Africa. Headquartered in Nairobi, Kenya, Marketforce’s funding round was the largest Series A...

Investments
Investment Platform PrimaryBid Lands $190M in Series C
February 22, 2022

British investment platform PrimaryBid is looking to expand across Europe and into the U.S. following the close of a $190 million Series C funding round. The company announced the round — led by SoftBank Vision Fund 2 — in a news release Monday (Feb. 21),...

Investments
London FinTech Startup Weavr Nets $40M Funding Round
February 22, 2022

Embedded finance startup Weavr raised $40 million in a Series A funding round led by Tiger Global, with participation from Mubadala Capital, Latitude Fund, QED Investors, Anthemis and Seedcamp. The London startup is aiming to disrupt the banking-as-a-service (BaaS) model by extending financial services to...