ventures

CinetPay, a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4 million in seed funding.Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it...

Anita Ramaswamy / TechCrunch: Majority, a mobile banking service serving migrants to the US, raises a $27M Series A led by Valar Ventures, six months after its $16M seed round — MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in...

Anita Ramaswamy / TechCrunch: Hummingbird, which sells anti-money laundering tools to banks and fintechs, raises a $30M Series B led by Battery Ventures, bringing its total funding to $41.8M — Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that...

Mary Ann Azevedo / TechCrunch: London-based Pento, which offers payroll services for SMBs, raises a $35M Series B led by Tiger Global and Avid Ventures, after raising a $15.6M Series A in May — One of the biggest pain points for any business, but especially SMEs, is managing payroll. — A...

One of the biggest pain points for any business, but especially SMEs, is managing payroll.A startup that has built payroll automation software to make the process less painful, Pento, has raised $35 million in a Series B round of funding co-led by Tiger Global Management and Avid Ventures...

Mary Ann Azevedo / TechCrunch: Hometap, which lets homeowners get cash by taking on an investor in their house, raises $60M led by American Family Ventures, bringing its total funding to $95M — Hometap, a startup that offers people a way to borrow against the equity in their homes without...

Joseph Williams / Bloomberg: Call center software provider Genesys raises $580M at a $21B valuation led by Salesforce Ventures — - Salesforce Ventures led $580 million round joined by Zoom — Effort signals booming demand for call center software — Call center software provider Genesys Cloud...

Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner.Melas-Kyriazi will be based in the firm’s San Francisco office and focus on seed and Series A investments in emerging fintech and commerce companies — two core areas of...

Catherine Shu / TechCrunch: Nearside, an online bank for SMBs, raises a $58M Series B led by Valar Ventures, after raising a $20M Series A in April 2021 — Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after...

Anita Ramaswamy / TechCrunch: Stacked, which provides investment tools for retail crypto investors, raises a $35M Series A co-led by Alameda Research and Mirana Ventures — Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just...

Kyle Wiggers / VentureBeat: Smartling, which offers automated cloud-based translation tools, raises $160M led by Battery Ventures, bringing its total funding to over $220M — As the pandemic drives businesses online, translation is becoming a key part of the digital transformation equation.

Jordan Crook / TechCrunch: Goalsetter, which offers a financial literacy education app for kids, raises a $15M Series A led by Seae Ventures — Goalsetter, a financial education platform for kiddos, has announced the close of a $15 million Series A financing round. The funding was led by Seae...

Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a $225 million early-stage fund, and Opportunity Fund II, a $115 million funding investing in later rounds of portfolio companies.Greg Sands started the firm in 2012 as a sole general...

Annie Njanja / TechCrunch: Anchor, which offers cloud-based autonomous billing tools for companies, raises a $15M seed led by Rapyd Ventures and others — Companies often spend an incommensurate amount of time chasing overdue payments, which distracts them from their core businesses, and brings...

Alexander Osipovich / Wall Street Journal: 24 Exchange, which wants to let users trade stocks 24/7 like crypto, raises $14.25M led by Point72 Ventures; SEC approval or rejection is expected in 2022 — 24 Exchange aims for round-the-clock stock trading; Mr. Cohen's Point72 Ventures is leading a...

Harrison.ai founders Harrison.ai founders Dimitry Tran, Dr. Colin Goldschmidt and Dr. Aengus Tran Photo by Stefanie Zingsheim/The Photo PitchHarrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD (about $92.3 million...

Manish Singh / TechCrunch: Simpl, a Bangalore-based buy now, pay later service, raises a $40M Series B led by Valar Ventures and IA Ventures, bringing its total funding to $83M — Bangalore-based fintech startup Simpl has raised $40 million as it looks to expand its online buy now, pay later...

More investor money is flowing into Indonesia’s startup ecosystem. Today, AC Ventures, which focuses early-stage startups in the country, announced it has raise $205 million in committed capital for its oversubscribed Fund II, more than double its original target of $80 million. Investors...

Last year, entrepreneurs, investors and married couple Dave and Brit Morin teamed up with James Higa, who was a senior director at Apple for nearly a dozen years, and Tonal co-founder Nate Bosshard, to create a new venture firm called Offline Ventures that, very notably, counts Apple as an...

Sapphire Ventures will inject $2 billion of newly raised capital into growth-stage enterprise companies from two new funds, Sapphire Ventures Fund VI and Sapphire Ventures Opportunity Fund III.The new funding represents the venture capital firm’s largest raise to date, Nino Marakovic, CEO of...