Mobility FinTech Moove closed a $10 million financing facility from NBK Capital Partners Mezzanine Fund II to help the startup expand across West Africa and tackle the vehicle financing gap across the continent. The financing is the sixth asset-backed venture debt investment from the fund...
Irish eCommerce platform Wayflyer has become a unicorn — a private company with a valuation of at least $1 billion — after it raised $150 million in a Series B funding round that will help with hiring, product development and global growth, according to a...
Composable commerce firm Elastic Path nailed $60 million in a growth financing round from BlackRock-managed funds and accounts, with existing investors joining the round led by Sageview Capital. “As digital moves from a channel to the heart of the enterprise, brands demand more: More speed....
Germany-based Circula, a Software-as-a-Service (SaaS) company, has raised 12 million euros (about $13.5 million) in a Series A funding round, according to a company blog post Monday (Jan. 31). The fresh funding will help Circula reach its goal to become the leading employee finance app...
Open finance platform Ayoconnect has closed a $15 million Series B funding round and plans to use the money to launch new products and increase its capacity, IBS Intelligence reported Monday (Jan. 31). Ayoconnect has more than 200 application programming interface (API) customers and 4,000...
Brimore, which calls itself Egypt’s largest social commerce platform, has closed a $25 million Series A funding round, the company announced in a Monday (Jan. 31) press release. The startup said the new capital will be used to add products and suppliers and expand its...
Accounting and business tools software startup Pennylane raised $57 million (50 million euros) in a Series B funding round led by Sequoia Capital, with participation from Capital and Partech. The fresh infusion of capital will be used to help the startup continue building out its...
Start-up companies in China enjoyed record fundraising levels last year. But where did that money go? As The Financial Times reported Monday (Jan. 31), investments in social startups, eCommerce companies and educational technology providers either fell or plateaued, while robotics makers, semiconductor firms and other...
Brokerage app Bamboo raised $15 million in a Series A funding round that the Nigerian startup will use to escalate its growth while entering new markets and launching more products, according to multiple reports on Monday (Jan. 31). The funding round was led by Greycroft...
