London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. In addition to the growth investment, CEO and founder Yanki Onen said on the company blog Thursday (July 18), wamo has also obtained its Electronic Money Institution (EMI) license. “Together, they equip us with the...
Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding to grow its team, develop its product and partnerships, and expand to other financial services needed by business customers,...
India-based mobile content startup Glance is reportedly looking to raise up to $250 million. This funding round would be led by existing investor Google, Bloomberg News reported Thursday (July 18), citing a source familiar with the matter. The round would let Glance — which makes curated screensavers that let users...
Slope has secured $65 million in strategic equity and debt funding to scale its B2B payments platform for enterprise companies. The funding was provided by J.P. Morgan Payments, Y Combinator, Jack Altman and Max Altman’s new fund, Saga, Slope said in a Wednesday (July 17) press release. The company was not...
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...
OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in Mexico, will use the new funding to fuel its expansion across the Americas and globally, OCN said in a Monday...
Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform was launched in February 2023 and now has more than 280 construction companies managing over $1.4 billion of project volume...
Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement. The company’s infrastructure is used by major banks in financial markets that include London, New...
Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa. The new offerings will expand upon Nala’s app, which was launched in 2021 and now allows users in the United...
