E-commerce

California-based banking and financial solutions provider for cannabis businesses Dama Financial closed a $12.6m growth equity raise, bringing its total funding to $24m to date.

US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.

London-based digital banking app Revolut is reportedly eyeing a fundraise that would value the company at over $10bn, as reported by Sky News, which cited unnamed sources.

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.

UK-based buy now pay later startup Zilch raised $80m in a Series B funding round led by Gauss Ventures and M&F Fund and is now valued at over $500m.

E-commerce services provider Cart.com has closed a Series A round of financing and raised $25m.

California-based fraud protection enterprise Signifyd has closed a $205m Series E funding round led by Owl Rock Capital.

New York-based investment firm that injects credit and equity into e-commerce, enterprise and FinTech companies, Upper90 raised a $55m equity fund focused on e-commerce businesses and aggregators to help them access growth capital.

FinTech firm facilitating QR code restaurant payments Sunday raised a $24m seed round.

UK-based buy now pay later (BNPL) FinTech firm Zilch introduced a ‘tap and pay-over-time’ solution which enables high street shoppers to make in-store purchases and pay later.