UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The company’s solutions are designed for the UAE’s SMB sector, integrating into SMBs’ daily operations, according to a Monday (Dec. 16)...
Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence (AI) platform for commercial fleets. “With $20.5M raised, we are expanding capabilities to deliver new features, optimizing for current clients, and building out our engineering and go-to-market teams,” Boon...
Germany-based venture capital fund Robin Capital closed its Robin Fund One at 13 million euros (about $13.6 million). “Robin Fund One is closed,” Robin Haak, Robin Capital founder and managing partner, said in a Friday (Dec. 20) post on LinkedIn. “Robin Capital is here to...
Chargeback management firm Justt raised $30 million to bolster its artificial intelligence-powered platform. The Series C round brings Justt’s total funding to $100 million and will allow it to expand into high-growth regions as it aims to reach profitability by 2027, according to a Thursday...
Perplexity AI reportedly closed a $500 million funding round earlier this month. The round tripled the artificial intelligence (AI) startup’s valuation to $9 billion, Bloomberg reported Wednesday (Dec. 18), citing an unnamed source. Reached by PYMNTS, Perplexity declined to comment on the report. The company’s backers include SoftBank, Nvidia...
Fraud prevention/compliance platform Bureau has raised $30 million in a Series B round. The new funding round, which included participation by PayPal Ventures, will help Bureau use artificial intelligence (AI) to help businesses combat increasingly sophisticated forms of fraud, the company said in a Wednesday (Dec. 18) news release. “For...
Pharmacy navigation platform Scripta Insights has raised $17 million in a Series B round. The new funding closes out a year in which Scripta’s revenue has surged by more than 100%, the company said in a news release Wednesday (Dec. 18). “We are changing the way people shop for...
Databricks has announced a Series J funding round in which it is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion so far. The funding values the data and artificial intelligence (AI) company at $62 billion, Databricks said in a Tuesday (Dec. 17) press release....
South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. The company announced Tuesday (Dec. 17) that it had raised $250 million in a Series D funding round, bringing its value to $1.5 billion. Among Tyme’s investors is Nubank, a 110-million-member digital lender based...
