Carro parks $12m to pump into FinTech arm
Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.
Yoco secures South Africa’s largest single investment raised by a payments company
South African payments company Yoco has secured $83m in its Series C, which it claims to be the largest single investment raised by a small business-focused payments platform in the Middle East and Africa.
Creatio scores $68m in growth funding
Creatio, a low-code software for process management and CRM, has netted $68m in a growth funding round.
Pyramid Analytics closes $120m Series E
Pyramid Analytics, a decision intelligence platform provider, has closed a Series E funding round of $120m, exceeding the target by $20m.
AI-based InsurTech Planck reportedly banks $20m in new funding round
Tel Aviv-based data analytics platform for commercial insurance underwriting Planck has reportedly raised $20m in a new growth round.
Vero Technologies bags $8.5m investment to transform wholesale financing for banks
Vero Technologies, a leading wholesale financing technology and loan servicing platform, has celebrated the completion of its $8.5m Series A funding round.
upSWOT scores $4.3m in seed funding
upSWOT, which helps financial institutions improve services to small and medium enterprises, has bagged $4.3m in its seed round.
STC Pay said to become Saudi Arabia’s first unicorn after close of new round
Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.
Zopa closes £20m in new fundraise a year after launching its banking services
Challenger bank Zopa raised a £20m round led by IAG Silverstripe to help the firm further expand its footprint.
Stenn inches closer to unicorn status following $50m equity raise
Stenn, a digital financing platform for global SMEs, has secured $50m from an equity funding round with US investor Centerbridge to hit a valuation of $900m.