Toku has raised $7 million in its effort to bolster subscription commerce in Latin America. The Chilean payments firm announced its seed round Thursday (March 23), saying the funds would allow it to expand its collection management software for subscription companies, coming at a time...
Chipotle’s venture fund is backing startups focused on local food and sustainability, courting young consumers. Cultivate Next, the arm of the fast-casual giant that invests in emerging companies, announced Wednesday (March 22) in a press release emailed to PYMNTS that it has invested in two...
India’s Tata Group is reportedly looking to pump $2 billion into its year-old super app. The new capital could help the online platform Tata Neu bolster its digital offerings and repair technical issues, Bloomberg reported Thursday (March 23), citing unnamed sources. Tata Group has asked...
Two has raised 18 million euros (about $19.4 million) for its B2B payments solution. This new funding joins a previously unannounced round that raised 10 million euros (about $10.8 million), bringing the FinTech’s total capital to 28 million euros (about $30.2 million), Two said in...
Digital banking platform Credable wants to reach new markets after raising $2.5 million. The seed funding round, reported Monday (March 20) by TechCrunch, will help the company expand its services, which include a number of banking products for customers in Uganda, Kenya and Credable’s home...
Charles Schwab says it saw “strong inflows” from clients amid this month’s banking crisis. Between March 10 and March 16, customers brought $16.5 billion in deposits, the brokerage firm announced Friday (March 17). That period coincides with the collapses of Silicon Valley Bank on March...
Tamara has secured $150 million in debt financing for its shopping and payments platform. The firm, which serves consumers in the Gulf Cooperation Council (GCC) region, will use the receivables warehouse facility from Goldman Sachs to help finance its buy now, pay later (BNPL) product...
APEXX Global has raised $25 million in a Series B funding round for its payments orchestration platform. The firm will use the new funding to expand its presence in North America, enhance its capabilities and add more payment methods to the payments orchestration and buy...
Berlin-based, female-led venture capital firm La Famiglia has raised $264 million. The company announced the funding Wednesday (March 8) on its LinkedIn page, saying it would be used to fund B2B tech firms in Europe and the United States. “Our growth co-investment fund allows us...
