Monese has announced a $35 million investment from HSBC, which now sees Monese’s total raised to $208 million, a press release said. Both companies are looking at expanding their digital banking possibilities, with HSBC’s investment part of a “broader, strategic partnership” to focus on Monese’s...
Financial intelligence platform Brightflow AI has announced $19 million in new funding, comprised of a $15 million Series A round and $4.2 million from a seed round. The company will use the new funding to boost its platform, hire new talent and provide faster growth...
No-code infrastructure FinTech startup Noble has raised $18 million to open an office in the U.S. and expand its suite of offerings to enable companies to build, launch and scale credit-based products and services like credit cards and buy now, pay later (BNPL). Noble is...
Workers’ compensation InsurTech startup Pie Insurance raised $315 million in a Series D funding round that will be used to support the company’s expansion into new business lines and other growth initiatives. The fresh capital will also go toward its transition to a full-stack carrier,...
Venture partners are trying to encourage tech startups to accommodate the current economic downturn by continuing to innovate, The Wall Street Journal (WSJ) wrote Tuesday (Sept. 20). They say they’ve seen startups that have been innovating even amid the worse economy, as there’s been demands...
Solvy Tech Solutions, the parent company of Indian B2B InsurTech firm Zopper, has reportedly raised $75 million, which will be used to help Zopper expand internationally, develop its technology and make acquisitions. Zopper’s application programming interface (API)-based platform connects insurers and banks with third-party platforms...
Independent investment management firm Digital Transformation Capital Partners (DTCP) has raised $300 million for its Growth Equity III Fund (GE III) to invest in companies focused on cloud-based enterprise software and business Software-as-a-Service (SaaS). DTCP launched the fund in March and aims to close fundraising...
Pan-African cryptocurrency exchange Yellow Card Financial on Monday (Sept.19) announced the close of a $40 million Series B funding round led by Polychain Capital. Other participants in the round included Valar Ventures, Third Prime Ventures, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The...
Indian offline-to-online commerce platform DotPe has reportedly raised $58 million in a Series B round and said it plans to add B2B financial services to its offerings. The company also said it plans to use the new investment to triple the number of merchants using...
