Investments

Investments
FinTech Startup MODIFI Brings in $24M in Series B Funding 
September 14, 2021

FinTech startup MODIFI will use the $24 million it just raised in a Series B fundraising to upgrade its platform, which includes allowing customers to do all their trade-related business in one place.  Get the Full Story Complete the form to unlock this article and...

Investments
Fractional Stock Purchases Will Be ‘Holy Grail of Financial Literacy’ DriveWealth CEO Says
September 14, 2021

The ability to dabble in the stock markets was traditionally seen as the preserve of what we might call “grownups,” or professional investors with fat salaries and lots of savings to wager. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Supply Management Firm LevaData Raises $47M
September 14, 2021

Supply management software company LevaData announced that it had closed a $47 million Series C funding round, according to a press release on Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Egypt’s Capiter Nets $33M for Expansion Across MENA
September 14, 2021

Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform to Egypt, the Middle East and North Africa (MENA) region by 2022, according to a press release. Get the Full...

Investments
Blockchain-Based FinTech Optherium Labs Secures Pre-Series A Funding
September 13, 2021

Blockchain-based Software-as-a-Service (SaaS) company Optherium Labs, which helps other companies add banking services, has received a pre-Series A investment from IRETH, which will help both companies achieve secure financial service delivery, according to a press release. Get the Full Story Complete the form to unlock...

Investments
Robinhood: SEC Won’t Ban Payment for Order Flow
September 13, 2021

The Securities and Exchange Commission will investigate, but not ban, a practice known as payment for order flow, the legal chief for the Robinhood trading app said Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Turkish Grocery Delivery App Getir Adds More Investment Capital
September 13, 2021

Getir, the Turkish grocery delivery app, has now topped $1.1 billion in fundraising with new capital from one of its existing investors, according to a Bloomberg report on Monday (Sept. 13) that cited people with knowledge of the matter. The unnamed investor will reportedly increase...

Investments
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday (Sept. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Varo Bank Raises $510M for Customer Growth, Tech Innovation
September 09, 2021

All-digital bank Varo Bank has closed a funding round with $510 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...