Travel and expense management platform TripActions has raised $300 million in a Series G round and said it will use the new funding to accelerate its global expansion. That expansion has already been underway as, over the past year, TripActions has acquired three travel management...
Global FinTech Airwallex raised an additional $100 million in a Series E extension funding round to help foster continuing international market expansions and support current strengths in powering payments and banking infrastructure. With at $5.5 billion valuation, the round included existing investors Square Peg, Salesforce...
Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500 million. “With this new round of funding, Step will accelerate investments in product infrastructure and continue to bring ground-breaking financial...
Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. The $6 billion figure is less than half of New York-based Tiger’s previous fund and less than the $8 billion that clients had...
Sightline Payments will invest up to $300 million to bring cashless gaming to slot machines across the United States. The project — dubbed “Project 250” and conducted in collaboration with Acres Manufacturing Company — is designed to facilitate digital payments technology at 250,000 slot machines...
Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. With these low-cost deposits, MDIs can expand their lending capacity and other banking services in minority and low- to moderate-income communities,...
Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Grover runs a subscription model that allows people to rent consumer electronics, including computers, smartphones, games consoles and eScooters....
Payments startup Satispay raised 320 million euros ($306 million) in a Series D funding round that boosted its valuation to 1 billion euros, making it the latest FinTech unicorn among Italy’s few. The round was led by Addition, with participation from previous backers Greyhound Capital, Lightrock, Block,...
Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing partnerships and launch new partnerships. Strike provides both businesses and consumers with the ability to...
