Digital banking platform Apiture has closed a $29 million fundraising round, and plans to use it to increase its marketing efforts, speed up product development and meet increased demand for the Apiture Digital Banking Platform, according to a company press release. Live Oak Bank led...
Spend management platform Airbase announced Friday (July 15) it has secured $150 million in debt financing led by Goldman Sachs. According to a news release emailed to PYMNTS, the funding will allow Airbase to expand its charge card program to a growing customer base. “Demand...
For the FinTech IPO names, now comes the true test. Earnings season. Wednesday, JPMorgan signaled that the U.S. remains in good shape, in terms of credit and propensity to spend. But macro headwinds loom, which have spurred the banking giant to boost its reserves. And...
Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday (July 14), citing unnamed people familiar with the talks. According to the report, Elliott is...
Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital, according to a Thursday (July 14) company press release. Pod Foods Capital’s launch includes a line of credit and term...
South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). According to a news release, the funding — which brings Moove’s total financing to north of $200 million — will...
Smart, a London-based company that provides retirement technology, has raised 40 million pounds ($47.5 million) in growth financing from CIBC Innovation Banking, according to a Thursday (July 14) press release. Smart will use the funding to expand its market growth, launch new products and make...
FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1 billion. Temasek, one of the world’s biggest investors, has led the Series D round for over $100 million, according to...
African money movement platform Zazuu has completed a $2 million fundraising round that will allow it to build a more robust remittance offering for residents living in the diaspora, Tech Nova reported Wednesday (July 13). The startup will use the money to scale its platform...
