Al Hassan Ghazi Ibrahim Shaker Company, based in Saudi Arabia, has agreed to acquire a 40% stake in buy now, pay later (BNPL) firm Cashew Payments to help offer more payment services in the region, according to a Zawya report Tuesday (June 21). Shaker is...
In the field of online used car marketplaces, Swedish startup Carla differentiates itself from competitors by allowing only full-electric cars and plug-in hybrids to be listed on the platform. Having established a presence in Sweden, the country has just secured an additional 19 million euros...
Digital banking startup Stashfin secured $270 million in a Series C equity and debt funding round that values the firm between $700 million and $800 million, according to a press release emailed to PYMNTS on Tuesday (June 21). The funding round was led by global investors including...
B2B healthcare payments platform Nibble Health has finalized an $8.5 million seed funding round that will help to streamline the healthcare payments process with the use of installment payments, according to a Tuesday (June 21) press release. Two-thirds of all personal bankruptcies in the U.S....
PropTechnology startup Huspy has announced in a press release on Tuesday (June 21) that it has raised $37 million in a Series A funding round led by Sequoia Capital India. The funds will be used to invest in technology development, pursue growth in the UAE,...
RevealSecurity, which works in application detection and response, announced a $23 million Series A funding round Tuesday (June 21), according to a press release emailed to PYMNTS. RevealSecurity offers protection against malicious actions from various threats in enterprise applications. The new funds will help further...
French FinTech Formance has raised $3.1 million that the company said it will use to continue development of its low-code, open-source payment-flow tracking platform. The funding round is its first, the company said in the announcement Monday (June 20). The company said the offering is...
Indian B2B credit infrastructure FinTech FinBox announced the completion of a $15 million Series A round Monday (June 20). The company, whose mission is “to democratize financial services for the next billion Indians,” said the funds will be used to expand in Southeast Asia and...
Appletree Digital Commerce, an eCommerce company, has debuted the Taking One Million African Traders Online Movement (TOMATO) initiative, to help out with African youths with fewer opportunities, a press release says. Nigel Daura, Managing Director of Appletree Digital Commerce, said the company had seen some...