Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the Series A funding round Wednesday (May 3) in a news release provided to PYMNTS, saying it wants to use the money to attract new talent and...
Aligned has raised $5.8 million to develop a network that aims to streamline B2B dealmaking. The company will use the new funding to continue building out its B2B buyer-seller network that is designed to enable more effective collaboration and eliminate the need for email threads,...
Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note, and a $10 million convertible note from Grand Oaks Capital. According to a news release,...
Vesey Ventures has launched a $78 million debut fund focused on early-stage FinTech companies. The new venture firm was founded by three former managing directors at Amex Ventures: Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, Vesey Ventures said in a press release emailed to PYMNTS....
Venture capital (VC) firm Kindred has debuted a $130 million fund targeting early-stage companies. Announced Thursday (April 20), the fund — Kindred’s third — will invest in businesses offering “picks and shovels,” in other words, “tools and services that power industries — the [application programming...
Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s venture capital operation Allianz X has told advisors to sell the company’s roughly 5% stake...
Floodlight has raised $6.4 million in a seed round to expand its “smart business account for eCommerce.” The United Kingdom-based company’s account enables eCommerce small- to medium-sized businesses (SMBs) to manage their finances and gain financial insights through a single dashboard that connects the financial...
“Deadpool” star Ryan Reynolds has a new role: investor in Canadian FinTech Nuvei. The actor and Vancouver native announced his support for the company Monday (April 17), the latest in a series of high-profile investments by Reynolds. “I know about as much about fintech as...
British venture firm Albion Capital has raised nearly $100 million for its portfolio companies. According to a UK Tech News report Wednesday (April 12), the money arrived a little more than a year after the company said it was looking for financing, and comes at...
