U.K. FinTech startup Thought Machine raised $200 million in a Series C funding round at a valuation estimated in excess of $1 billion to bring legacy banks worldwide to the cloud, the company said in a press release emailed to PYMNTS. The funding was led...
Carzam, the used car site, has raked in £112 million toward its business to keep selling used cars, a report from The Telegraph says. According to chief executive Kirk O’Callaghan, the funding will let the company keep on improving tech and “continue to grow our...
Slice, the India-based FinTech providing credit cards, has become a unicorn as of a new $220 million Series B, which values the company at over $1 billion. Slice originally began as a Buy Now, Pay Later product but has changed to offer credit cards in...
U.K. investing app Freetrade exceeded its fundraising goal by more than 800% in its first of seven days of fundraising on crowdfunding platform Crowdcube, pulling in more than 8.1 million pounds ($10.8 million), according to Freetrade’s investment page. More than 6,100 investors have contributed investments,...
Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post on the company’s website. The amount of the investment was not disclosed. The collaborative effort will enable the companies to...
Japanese investment company SoftBank is likely to lead the upcoming $100 million to $120 million fundraising round for FinTech Juspay, according to a report in The Economic Times Tuesday (Nov. 23). If successful, the move would value the company at between $400 to $500 million...
Global field service management software platform simPRO has nailed down a $350 million investment and announced a pair of acquisitions, according to a Tuesday (Nov. 23) press release. The investment will be used to support the acquisitions of time-sheeting and scheduling platform ClockShark and Australia-based...
The artificial intelligence (AI)-powered transcription startup Verbit is looking to expand its workforce after raising $250 million in a Series E round that values the company at $2 billion. As the company announced on Tuesday (Nov. 23), the round — led by Third Point Ventures,...
Circle Internet Financial, owner and operator of U.S. startup fundraising platform SeedInvest, announced Tuesday (Nov. 23) that it is leading U.K. firm Crowdcube’s $13.5 million funding round with an investment of $10.5 million. Launched in 2013 and headquartered in Boston, the payment services company is...
