Investments news and trends

Boon Raises $20.5 Million to Grow AI-Powered Platform for Fleets
Investments // December 20, 2024

Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence (AI) platform for commercial fleets. “With $20.5M raised, we are expanding capabilities to deliver new features, optimizing for current clients, and building out our engineering and go-to-market teams,” Boon...

Germany’s Robin Capital Raises $13.6 Million for B2B SaaS Investments
Investments // December 20, 2024

Germany-based venture capital fund Robin Capital closed its Robin Fund One at 13 million euros (about $13.6 million). “Robin Fund One is closed,” Robin Haak, Robin Capital founder and managing partner, said in a Friday (Dec. 20) post on LinkedIn. “Robin Capital is here to...

Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss
Fintech Investments // December 20, 2024

It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events. Every company, except OppFi, was down, leading the index to drop a shade over 6% for the week. Among the...

AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
artificial intelligence // December 19, 2024

Micron Technology posted a stunning 400% jump in data center revenue amid soaring AI chip demand, while data intelligence firm Databricks secured a massive $10 billion funding round at a $62 billion valuation. The AI growth momentum also reached the accounting sector, with startup Basis...

Interviews & Exclusives
Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss

December 20, 2024
It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events. Every company, except OppFi, was down, leading the index to drop a shade over 6% for the week. Among the biggest movers for the week: Sezzle: The buy now, pay […]

CE 100 Index Gives Up 2.2% as MongoDB and Adobe Slip on Earnings

December 16, 2024
What goes up must come down — and after three straight weeks of rallies, the CE 100 wound up snapping a long streak of wins, declining 2.2% in the penultimate...

Newly Flush With Capital, Challenger Banks Face New Challenges

December 10, 2024
A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that...

CE 100 Index Gains Ground on Porch Group’s 51% Rally

December 09, 2024
The CE 100 Index rallied by 2.2% this past week, starting the last month of trading in 2024 on a positive note. The Live segment stood out here, jumping by...

Quick Reads
UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions

December 20, 2024
UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The company’s solutions are designed for the UAE’s SMB sector, integrating into SMBs’ daily operations, according to a Monday (Dec. 16) article from FinTech Global that CredibleX shared in a post on LinkedIn. With […]

Boon Raises $20.5 Million to Grow AI-Powered Platform for Fleets

December 20, 2024
Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence (AI) platform for commercial fleets. “With $20.5M raised, we are expanding capabilities to deliver...

Germany’s Robin Capital Raises $13.6 Million for B2B SaaS Investments

December 20, 2024
Germany-based venture capital fund Robin Capital closed its Robin Fund One at 13 million euros (about $13.6 million). “Robin Fund One is closed,” Robin Haak, Robin Capital founder and managing...

Justt Raises $30 Million for AI-Powered Chargeback Management Platform

December 19, 2024
Chargeback management firm Justt raised $30 million to bolster its artificial intelligence-powered platform. The Series C round brings Justt’s total funding to $100 million and will allow it to expand...