Investments

Investments
Nigerian Payments Startup Flutterwave Seeks New Funding at $3B Valuation
October 15, 2021

Nigerian cross-border payments startup Flutterwave is putting its feelers out for a new round of funding at a minimum valuation of $3 billion, about triple its last value, per news reports that cited unnamed sources. Although nothing is finalized, Flutterwave was reportedly in talks with...

Investments
Plum Snags $13.9M in Series A Funding 
October 15, 2021

London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money...

Investments
ByteDance Valuation Tops $400B
October 15, 2021

TikTok owner ByteDance’s valuation has reached $400 billion based on anonymous sales by online traders, with some analysts seeing that number climb higher, according to a South China Morning Post report on Friday (Oct. 15). ByteDance recently scrapped its plans for an initial public offering...

Investments
Juni Raises $73M in Series A For eCommerce Banking
October 14, 2021

eCommerce banking platform Juni announced Thursday (Oct. 14) it has raised $73 million in Series A funding that it plans to use to boost its employee count to more than 120 people and launch an integrated credit line offering, according to a Tech.Eu report. Juni’s...

Investments
FinTech Tala Notches $145M Series E to Launch Mobile-First and Crypto Solutions
October 14, 2021

Mobile technology startup Tala raised $145 million in a Series E funding round led by Upstart, with participation from the Stellar Development Foundation, along with new investors Kindred Ventures and the J. Safra Group. Existing backers IVP, Revolution Growth and Lowercase Capital also invested in...

Investments
N26 Close to Getting $800M In Funding Round
October 13, 2021

Germany-based N26 is about to close an $800 funding round after months of speculation, Business Insider reported. The capital infusion will more than double the challenger bank’s previous value of $3.7 billion. The round is being led by Coatue, Third Point Capital and Dragoneer, according...

Investments
TripActions Now Valued at $7.25B After $275M Funding Round
October 13, 2021

TripActions Inc. is now valued at $7.25 billion after a recent $275 million funding round, as the corporate travel market continues to limp back to pre-pandemic levels. Although more companies are allowing employees to fly, they are traveling nowhere near as often as they did...

Investments
Creator Management Platform GRIN Nets $110M in Funding Round
October 13, 2021

Creator management platform GRIN has closed a $110 million Series B funding round, according to a Wednesday (Oct. 13) announcement. The fundraising effort, led by Lone Pine Capital, also includes investments from BOND, content creators including Danielle Bernstein of WeWoreWhat, Devon Levesque and The Chainsmokers,...

Investments
Capital Investments Help Payment Infrastructure Firms GPS and Nuvei Make Major Moves Across EMEA Region
October 13, 2021

As part of its efforts to accelerate technology development and global growth, payments issuer processor Global Processing Services (GPS) recently announced it has raised over $300 million, after securing a strategic investment from its long-term partner, Visa, last October. Global private equity firm Advent International...