funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
May 10, 2021  |  Loans

Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...

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Railz Raises $12 Million Toward API Development
Railz Raises $12 Million Toward API Development
May 09, 2021  |  Investments

Railz, which develops an API letting financial institutions (FIs) and FinTechs access real-time data of their customers’ accounting data, has raised $12 million in Series...

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Report: Indonesia’s GajiGesa Adds New Investors
Report: Indonesia’s GajiGesa Adds New Investors
May 09, 2021  |  B2B Payments

GajiGesa, an Indonesian FinTech serving the country’s vast population of underbanked workers, has added new investors that will provide funds for adding services and customers,...

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German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
German Delivery Startup Gorillas Looks To Notch $500 Million At $6 Billion Valuation
May 07, 2021  |  Investments

The German delivery startup Gorillas is looking to raise about $500 million at a $6 billion valuation following a $290 million Series B round in March,...

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B2B FinTech Funding Creates Another Unicorn
B2B FinTech Funding Creates Another Unicorn
May 07, 2021  |  B2B Payments

After several weeks of B2B FinTech funding activity, the market has cooled a bit with about $220 million in total investment for the sector. Saudi...

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Today In Payments Around The World: Einride Raises $110 Million; Marqeta Teams With Afterpay
Today In Payments Around The World: Einride Raises $110 Million; Marqeta Teams With Afterpay
May 06, 2021  |  International

In today’s top payments news around the world, Sweden-based Einride has landed $110 million, while Marqeta has collaborated with Afterpay on virtual cards. Plus, Shift...

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Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
May 06, 2021  |  Investments

Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million....

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FinTech Remitly Makes Move Toward $5 Billion New York IPO 
FinTech Remitly Makes Move Toward $5 Billion New York IPO 
May 06, 2021  |  IPO

The FinTech startup Remitly is taking steps toward an initial public offering (IPO) in New York that could give the remittance platform a $5 billion...

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Driverless Truck Provider Einride Nets $110 Million In Funding
Driverless Truck Provider Einride Nets $110 Million In Funding
May 06, 2021  |  Investments

Sweden-based Einride has raised $110 million to fund the development and use of electric, autonomous trucks, the company announced in a Tuesday (May 6) press...

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