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

UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
UAE Escapes ‘FinTech Winter’ as Investments Jump 92%
January 10, 2024  |  Fintech Investments

Last year’s FinTech funding drought didn’t touch the United Arab Emirates (UAE). Investments in that sector fell by half all over the world as investors were scared...

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AppDirect Raises $100 Million to Fund Investment Program
AppDirect Raises $100 Million to Fund Investment Program
January 09, 2024  |  Investments

B2B subscription commerce platform AppDirect received $100 million for its investment program. The new funding will support financing options for technology advisors through the AppDirect...

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Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
January 09, 2024  |  Investments

Dutch startup Whispp raised 750,000 euros (about $820,000) in a seed round to launch its artificial intelligence-powered real-time assistive voice technology and calling app. Designed...

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Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
Maalexi Raises $3 Million to Facilitate Cross-Border Trade for Agribusinesses
January 08, 2024  |  Investments

Maalexi has raised $3 million in a Pre-Series A funding round to continue building its cross-border trade platform for small agribusinesses. The platform connects buyers...

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AI Fuels a Tech Resurgence for 2024
AI Fuels a Tech Resurgence for 2024
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Logjam in Funding: Limited Runway for Startups Heading into 2024
Logjam in Funding: Limited Runway for Startups Heading into 2024
January 05, 2024  |  Startups

Venture capital fundraising in the United States has reached its lowest level in six years, according to recent data. The annual fundraising figure for 2023...

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Exponent Founders Capital to Invest $75 Million in Early-Stage Companies
Exponent Founders Capital to Invest $75 Million in Early-Stage Companies
January 04, 2024  |  Investments

Early-stage venture capital (VC) firm Exponent Founders Capital has launched and disclosed that it has raised $125 million to date. That total includes a new...

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Bumper Raises $48 Million to Expand BNPL for Car Repair
Bumper Raises $48 Million to Expand BNPL for Car Repair
January 04, 2024  |  Investments

Bumper, a FinTech that lets customers fund car repairs in installments, raised $48 million. The London-based company announced the Series B round in a Thursday...

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Tech Startup Funding Falls to 4-Year Low
Tech Startup Funding Falls to 4-Year Low
January 04, 2024  |  Startups

Startups had a rough 2023, with the value of venture investments hitting a four-year low. As Bloomberg News reported Thursday (Jan. 4), investors spent the...

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