Tag: Paddle

Merchant of record Paddle raises $25m to fuel expansion

Paddle, a leading merchant of record (MoR) platform for digital product businesses, has raised $25m to support its continued growth and global expansion efforts.

Workplace pensions platform Penfold lands £3.9m to scale digital offering

Penfold, a digital pension provider focused on workplace retirement solutions, has raised £3.9m in fresh funding to expand its services across the UK. According to...

Paddle makes 8% of its workforce redundant

Payments company Paddle has made 8% of its workforce redundant, which it blames on the current inflationary market and needing to hunker down for survival.

Paddle rows to unicorn status after Series D

Paddle, a payments infrastructure provider for SaaS companies, has reached a $1.4bn valuation after the close of a $200m Series D round.

FinTech unicorns pick up pace in May with 17 new announcements

• FinTech unicorn announcements increased almost three-fold in May 2022 from April’s low of six, setting a new monthly record for the year. The...

PayTech companies raised three of the top 10 FinTech deals in...

PayTech companies shone in May accounting for three of the top ten deals. Overall the sector accounted for 15% of total deals, second...

Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised...

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Paddle secures $68m in its Series C round to support growth...

Paddle, a B2B SaaS platform, has closed its Series C round on $68m to continue its growth momentum.

Paddle said to raise $8m in new funding to support team...

Paddle, which provides e-commerce platforms with payment processing tools, has reportedly raised $8m in a new funding round.

Paddle raises $12.5m funding led by Notion

Online payment solution Paddle has raised $12.5m in funding led by Notion.

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