Funding Rounds

The pan-African incubator MEST is one of the continent’s biggest tech hubs. It just unveiled its latest cohort of startups.

From automated background checks to cryptocurrency banks, Y Combinator’s second demo day for its latest batch presented a dozen new enterprises to look out for.

Lunar Way, a Denmark-based challenger bank, has netted €26m in a new funding round and received its European banking licence from the Danish Financial Supervisory Authority.

H2O.ai, an AI and machine learning developer, has received $72.5m in its Series D round to support its global marketing and sales efforts.

Flexible benefits platform PTO Exchange has raised $3m in a seed funding round led by WestRiver Group.

American MPOWER Financing is a FinTech company that provides loans to high-promise DACA and international students. Now it has boosted its ability to do that by securing a $100m loan facility from Goldman Sachs.

San Diego-based Blooma has closed a new funding round led by Floodgate, the early stage venture capital investor.

More people are shopping online. But in Russia, not everyone is equally excited about internet retail.

InsurTech startup Root Insurance is poised to raise $350m and, as a result, reach a $3.65bn valuation. The Wall Street Journal reported that the Series...

Private equity firm OpenGate Capital has acquired a majority stake in InRule Technology, a decision management platform.