Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and managers. The company will use the new funding to support its international expansion, product development and artificial intelligence (AI) initiatives,...
Databricks reportedly is close to raising $9.5 billion in a funding round, a feat that would create one of the largest-ever venture capital funding rounds. The final number could still go up before the round is finalized next week, Reuters reported Friday (Dec. 13), citing unnamed...
Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart. The round, which has not closed, would value One at $2.5 billion before the new money is raised, Bloomberg...
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the capital to fuel its next phase of growth and its planned expansion into the United...
Student loan assistance FinTech Paidly is expanding its platform following a new funding round. The Series A round — no dollar amount was given — came in the form of an investment from S30Build, Paidly said in a news release provided to PYMNTS Tuesday (Dec....
A veteran of OpenAI’s voice assistant project reportedly launched a similar effort of his own. WaveForms AI is developing artificial intelligence audio software that can pick up on emotional cues and allow for better conversations with machines, Bloomberg reported Monday (Dec. 9). CEO and co-founder...
Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest funding brings Prima’s total funding, including previously undisclosed rounds, to $42.5 million, the company said in a Friday (Dec. 6)...
British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products. The bank expects to double its profits and increase its annual revenue by 35% in 2024 and is set to...
Digital gift card platform On Me has launched a five-year partnership with Mastercard. The company announced the collaboration Wednesday (Dec. 4), along with the news that it had raised $1.7 million in pre-seed funding, money it will use to expand its retailer partnerships. “Advancing the...
