DailyPay has raised $260 million to build on its on-demand payroll offering. The company announced the new funding in a Tuesday (Jan. 24) news release, saying it would help it fuel its domestic growth and international expansion and invest in product innovation. It follows a...
Twinco Capital says it has raised $12 million to use towards its mission of providing SMBs with better access to capital. The Madrid-based company announced the Series A round on its LinkedIn page Tuesday (Jan. 24), noting the scope for new business at a time...
Qatar’s sovereign wealth fund has increased its stake in Credit Suisse to 6.87%. The investment means that the Qatar Investment Authority (QIA) is now the Swiss bank’s second-largest shareholder after Saudi National Bank (SNB), Reuters reported on Monday (Jan. 23) Other significant shareholders listed by...
Tranch has raised $100 million in a seed round to expand its B2B buy now, pay later (BNPL) platform. The firm will use the new capital to bring its solution to more software-as-a-service (SaaS) sellers and service providers by growing its team in the U.S....
While most startups struggled to find funding last year, African companies saw their fortunes improve. That’s according to a report published Tuesday (Jan. 24) by venture capital (VC) firm Partech Partners, which showed that while global VC funding was down 35% last year compared to 2021,...
Highland Europe has closed a billion-euro fund to back growth-stage digital-focused businesses. The European arm of global venture capital (VC) investor Highland Capital Partners announced the close of its fifth and largest fund on Monday (Jan. 23), stating it had raised the billion euros ($1.09...
Steer Technologies is considering a proposed sale of 37.5% of its B2B marketplace for restaurants. The proposed $18 million transaction would value Restaurant Supply Business at $48 million on closing, Steer said in a Monday (Jan. 23) press release. “The confidence of the strategic investors...
Wallapop has reportedly raised 81 million euros (about $88 million) to grow its peer-to-peer marketplace. The Spanish firm, whose app facilitates buying and selling secondhand products, will use the new capital to continue expanding in Europe and investing in research and development (R&D), TechCrunch reported...
Oro has raised $13 million to help businesses enhance their B2B eCommerce offerings. “This investment will allow us to continue our mission in helping transform companies, digitizing their sales process, and expand to new markets,” Yoav Kutner, Oro’s CEO, said in a Thursday (Jan. 19)...
