Startup Funding

Even Healthcare, Co-Founded by Italian Entrepreneur, Raises $30 Million Series A to Revolutionize Healthcare with AI and New Hospitals

Even Healthcare Raises $30 Million Series A to Revolutionize India’s Healthcare System with AI and New Hospitals in Bengaluru Bengaluru, India – October 2024 – Even Healthcare, a rapidly growing Indian healthcare startup, has secured $30 million in a Series A funding round led by Khosla Ventures, with participation from Founders Fund, 8VC, Lachy Groom, […]

Fintech

N26 Reopens Account Registrations in Italy After Addressing Regulatory Challenges

N26 Resumes Operations in Italy, Appoints Andrea Isola as New General Manager German digital bank N26 has successfully resolved the regulatory compliance issues that led to its temporary suspension in Italy in 2022. With new leadership in place and a renewed focus on expansion, the bank is ready to compete in the Italian market. Milan, […]

Startup Funding

Agrolend Secures $53 Million Series C Funding to Accelerate Agri-Financing in Brazil

Agrolend, a leading digital lending platform for Brazil’s agribusiness sector, has successfully raised $53 million in a Series C funding round, bringing its total funding to nearly $100 million. The round was led by Creation Investments and Syngenta Group Ventures, with participation from new investors such as Vivo Ventures, L4, and Japan’s Norinchukin Bank. Previous […]

Fintech

Affirm Stock Declines Following Klarna’s Apple Pay Integration Announcement

Date: October 23, 2024 London, UK – Affirm (NASDAQ: AFRM) shares experienced a notable decline today following Klarna’s announcement that its popular “Buy Now, Pay Later” (BNPL) services are now integrated with Apple Pay, giving Klarna a competitive edge in the digital payments space. This development is seen as a significant step for Klarna, offering […]

Investing

Infinity Ventures Closes $184M Fund II to Scale ‘Operators-First, Investors-Second’ Approach to Global Fintech and Commerce

SAN FRANCISCO & NEW YORK, October 22, 2024 – Infinity Ventures, an early-stage venture firm dedicated to supporting the future of fintech and commerce, announced the successful closure of its $184 million Fund II. Co-founded in 2021 by former PayPal executives Jeremy Jonker, Jay Ganatra, and Mario Ruiz, Infinity Ventures is renowned for its unique […]

Startup Funding

Oxla Secures $11M Seed Funding to Revolutionise High-Volume Analytical Data Processing

Warsaw-based startup Oxla raises $11 million in Seed funding to redefine high-volume data analytics with a lean, high-performance architecture. October 23, 2024 – Warsaw, Poland: Oxla, a startup specializing in large-scale data processing, has raised $11 million in Seed funding. The round was led by TQ Ventures, with participation from Lead Ventures, Warsaw Equity Group, […]

Payments

UBS Sells 50% Stake in Swisscard to American Express, Consolidates Credit Card Business

Zurich, October 21, 2024 – UBS, as part of its ongoing efforts to streamline operations after acquiring Credit Suisse, has reached an agreement to sell its 50% stake in Swisscard, a leading Swiss credit card provider, to its joint venture partner, American Express. This strategic move marks another step in UBS’s divestment of certain Credit […]

Startup Funding

Zip Secures $190 Million in Series D Funding, Valuation Soars to $2.2 Billion

London, 22 October 2024 – Zip, the world’s leading AI-powered procurement orchestration platform, today announced the successful completion of a $190 million Series D funding round, propelling the company’s valuation to an impressive $2.2 billion. This significant milestone, led by BOND, marks one of the largest funding rounds for an enterprise SaaS company in 2024. […]

Startup Funding

Parto Secures €2.5 Million in Pre-Seed Funding to Revolutionize Payment Solutions for the Social Economy

Hamburg, October 15, 2024 – Social FinTech startup Parto has successfully raised €2.5 million in a pre-seed funding round, with participation from prominent investors including Heal Capital, Motive Ventures, and several business angels. The funding will support Parto’s mission to transform payment processes in the social economy, offering digital solutions tailored for sectors like child […]

Banking

Emerge Secures $12M to Transform Business Banking in New Zealand

New Zealand’s Challenger Bank-In-Waiting Takes a Step Closer to Revolutionizing Business Finance Auckland, New Zealand – Emerge, the digital-first business banking alternative co-founded by Jamie Jermain and Jovan Pavlicevic (the minds behind SquareOne), has raised $12 million in a Series A funding round, positioning itself as a leader in redefining business banking for Kiwi entrepreneurs. […]

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