Investments

Investments
Tapcheck Raises $20M to Expand Earned Wage Access
June 24, 2022

Employee financial wellness and earned wage access platform Tapcheck has announced a $20 million Series A funding round to expand its offering. PeakSpan Capital led Tapcheck’s fundraising effort, the company said in a Thursday (June 23) press release. McDonald’s, Jack in the Box and Home...

Investments
EMEA B2B FinTech Octopus Ventures Closes $12.3M Pre-Seed Funding Round
June 23, 2022

Octopus Ventures has closed a $12.3 million pre-seed funding round that the company plans to use to continue the expansion of its B2B FinTech platform across the EMEA region, according to a Thursday (June 23) blog post. “The story of every great technology startup often...

Investments
Hokodo Raises $39.7M in Series B Funding
June 23, 2022

London-based buy now, pay later (BNPL) platform Hokodo announced in a Thursday (June 23) press release that it has raised over 37.8 million euros ($39.7 million) in a Series B funding round. The funding was led by Notion Capital, with additional investment from Korelya Capital,...

Investments
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. As the company said in a Thursday (June 23) news release, this investment is an extension of a partnership iCapital formed with BofA in 2018....

Investments
Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
June 23, 2022

Intelligence and robotics company BotsAndUs has landed $13 million in seed funding to expand the growth and use of its logistics solution around the world, according to a company press release Thursday (June 23). Specifically, London-based BotsAndUs will use the fresh capital to grow into...

Investments
SumUp Raises €590M at Reduced Valuation of €8B
June 23, 2022

Mobile point-of-sale (mPOS) startup SumUp raised €590 million at a valuation of €8 billion, a significant drop from its €20 billion valuation earlier this year. Marc-Alexander Christ, SumUp CFO, told Financial Times that the company decided to move forward with the fundraise as a way...

Investments
London-Based B2B BNPL Platform Playter Nets $55M in Funding
June 22, 2022

London-based growth platform Playter, which helps small- to medium-sized businesses (SMBs) grow with B2B buy now, pay later (BNPL) options, has raised $55 million in an equity and debt funding round, according to a Wednesday (June 22) press release emailed to PYMNTS. The funding, which...

Investments
Ghana FinTech Fido Raises $30M in Series A Round
June 22, 2022

Ghanaian FinTech Fido has raised $30 million in a funding round to boost the company’s efforts to develop financial technologies that can be used across Africa, TechCrunch reported. The company will use some of the newly raised funds to expand beyond its home market into...

Investments
Prime Trust Secures $100M to Scale Operations
June 22, 2022

Financial infrastructure firm Prime Trust has raised $100 million in a Series B funding round to scale operations and broaden its product suite categories, according to a press release Wednesday (June 22).   The funding was backed by previous and new investors including FIS, Fin Capital,...