PYMNTS-MonitorEdge-May-2024

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

Efficient Capital Labs Raises $11 Million for Revenue-Based Financing
Efficient Capital Labs Raises $11 Million for Revenue-Based Financing
August 21, 2024  |  Investments

Efficient Capital Labs (ECL) has raised $11 million in Series A funding to expand its cross-border revenue-based financing offering for B2B software-as-a-service (SaaS) companies operating in...

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Blockchain Startup Story Raises $80 Million to Protect Intellectual Property From AI
Blockchain Startup Story Raises $80 Million to Protect Intellectual Property From AI
August 21, 2024  |  Investments

Blockchain startup Story raised $80 million in a Series B funding round. The San Francisco-based firm announced the financing Wednesday (Aug. 21) on social platform...

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HIPstr Raises $100 Million to Combat Early-Stage Funding Drought
HIPstr Raises $100 Million to Combat Early-Stage Funding Drought
August 18, 2024  |  Investments

Early-stage investment operation HIPstr has closed its $100 million debut fund. The company, launched by private equity executives David Moross and Mark Bezos — half-brother...

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Kiteworks Raises $456 Million to Expand Secure Data Transfer Platform
Kiteworks Raises $456 Million to Expand Secure Data Transfer Platform
August 16, 2024  |  Investments

Kiteworks has secured a $456 million growth equity investment to strengthen its market position in secure data transfer and collaboration. The investment came from Insight Partners...

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Revolut Valued at $45 Billion in Secondary Share Sale
Revolut Valued at $45 Billion in Secondary Share Sale
August 16, 2024  |  Digital Banking

Revolut signed agreements with investors for a secondary share sale that values the company at $45 billion. The British FinTech launched the secondary share sale...

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Real-Time Treasury Transformations Define This Week in B2B Innovation
Real-Time Treasury Transformations Define This Week in B2B Innovation
August 15, 2024  |  B2B Payments

Technology is transforming the B2B space, not at a trickle but a flood of new, digital innovation. From accounts payable (AP) and accounts receivable (AR)...

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Amount Raises $30 Million to Expand Into Credit Union Space
Amount Raises $30 Million to Expand Into Credit Union Space
August 15, 2024  |  Investments

Banking technology firm Amount has raised $30 million to expand into the credit union sector. Amount announced the $30 million equity capital raise in a Thursday (Aug....

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Sling Money Raises $15 Million for Money Transfer App
Sling Money Raises $15 Million for Money Transfer App
August 15, 2024  |  Investments

Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Sling’s app combines stablecoin technology “with a user-friendly interface” and integration with fiat payment...

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AI Startups Gain Traction Tackling Software, eCommerce and Healthcare
AI Startups Gain Traction Tackling Software, eCommerce and Healthcare
August 15, 2024  |  Earnings

Artificial intelligence (AI) is making its mark on the business world, with several tech companies reporting growth in retail and healthcare sectors. These firms are...

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