Investments

Investments
Financial Automation Hub LiveFlow Raises $3.5M
December 22, 2021

The financial automation hub LiveFlow announced this week it has raised $3.5 million in seed money in a funding round led by Moonfire Ventures.  “Accurate financial reporting is paramount to a business’s longevity and success,” Mattias Ljungman, founder and managing partner at Moonfire Ventures, said...

Investments
Next-Day Delivery Startup Veho Raises $125M at $1B Valuation
December 22, 2021

Next-day package delivery service Veho raised $125 million in a Series A funding round at a $1 billion valuation that was led by General Catalyst, according to a press release on Tuesday (Dec. 21). Also participating in the funding round were Construct Capital led by...

Investments
Lending Platform LoanWell Secures $3M in Funding
December 21, 2021

The North Carolina-based lending platform LoanWell has come into some money of its own.  According to a recent Securities and Exchange Commission Filing, the company has raised $3 million from a group of five backers.  Based in Durham, North Carolina, LoanWell bills itself as “an...

Investments
Vietnamese FinTech App MoMo Reaches $2B Valuation with Mizuho Investment
December 21, 2021

Mizuho Bank led a group that invested about $200 million through a Series E funding round in Vietnam’s M_Service JSC, which operates Warburg Pincus LLC-backed FinTech app MoMo, putting its value over $2 billion, according to a Bloomberg report Tuesday (Dec. 21).  Ward Ferry Management...

Investments
FinTech Novea Raises $55M to Advance InsureTech Platform
December 21, 2021

FinTech software firm Novea raised $50 million in equity and $5 million in debt financing that will be used for its subsidiaries Jacana Warranty and Jacana Insurance to advance their positions in the consumer warranty and service contracts industry, according to a Monday (Dec. 20)...

Investments
French Payments Startup Numeral Raises $14.7M
December 21, 2021

French startup Numeral raised €13 million ($14.7 million) in a seed round led by Balderton Capital to help the company grow its 10-person team to 40, boost product development and expand its bank coverage, according to a blog post on Tuesday (Dec. 21). Also participating...

Investments
Korean eGrocer Kurly Raises $210M in Pre-IPO Round as Global Competition Heats Up
December 20, 2021

Around the world, investors remain hungry for food eCommerce solutions. Seoul, South Korea-based grocery delivery startup Kurly has raised 250 billion won, or about $210 million, in a funding round in advance of its initial public offering (IPO), Korea JoongAng Daily reported Monday (Dec. 20),...

Investments
Venture Capital Investment in Saudi Firms on the Rise
December 20, 2021

Business-to-business (B2B) eCommerce marketplace Sary has raised SR281 million ($75 million) in a Series C funding round, seven months after it raised its $30.5 million Series B round, according to a Dec. 20 report by Zawya. The latest funding round, led by Public Investment Fund-backed...

Investments
BNPL Firm Addi Pushes Value to $700M Following $200M Fundraise  
December 20, 2021

Latin American buy now, pay later (BNPL) company Addi has generated $200 million of debt and equity, pushing its valuation to more than $700 million, according to a Monday (Dec. 20) report from Bloomberg.   Addi netted $80 million in equity from GIC Private Ltd., Softbank...