Tabby, a leading financial services and shopping app in the MENA region, has secured $160m in a Series E funding round, pushing its valuation to $3.3bn. The round was led by existing investors Blue Pool Capital and Hassana Investment Company, with additional backing from STV and Wellington Management. Tabby has seen rapid growth since its
Zeta, a next-generation banking technology provider serving financial institutions worldwide, has secured a $50m strategic investment. The latest funding values the company at $2bn, marking a 1.7x increase from its previous $1.15bn pre-money valuation. The funding was contributed by a strategic investor, though their identity has not been disclosed. This follows Zeta’s previous $250m raise
Swedish BNPL giant Klarna has struck a new deal with JPMorgan Payments to see its flexible financing solutions integrated into JPMorgan Payments’ merchant services. The partnership aims to broaden the accessibility of Klarna’s payment options, including its interest-free BNPL solution, according to Finextra. This move is expected to provide merchants with a wider array of payment
Semgrep, an application security platform, has successfully secured a substantial $100m in its Series D funding round. The round was spearheaded by Menlo Ventures, with significant contributions from existing stakeholders including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital. This latest injection of capital brings the total funds raised by the
Clarity AI has announced the launch of a new solution targeted at fund managers, portfolio managers, and ESG analysts. According to Finextra, this innovative tool is designed to simplify the complex landscape of sustainable investment fund regulations and labels in Europe, which are increasingly shaped by stringent regulatory demands and the need to combat greenwashing.
According to IBS Intelligence, this financial boost was spearheaded by KRAFTON, a Korean digital entertainment leader, alongside continued backing from existing investor Apis Growth Fund II, a private equity fund managed by Apis Partners Group (UK) Limited (Apis Partners). The newly acquired funds are set to enhance Cashfree’s payment solutions and expand its market presence.
Pipe, a FinTech company specialising in embedded financial solutions for small and medium-sized businesses (SMBs), has announced a major expansion of its Pipe Partner Portal, introducing new developer tools aimed at simplifying integration. The enhancements are designed to make it easier for developers to embed Pipe’s capital services within payment and software platforms. Unlike traditional
Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland. This partnership introduces an additional €10m capacity, split equally between D&O and FI lines, bolstering Alta Signa’s existing Lloyd’s-backed panel. The
UK-based payments firm Sokin, which provides international payment solutions for businesses, has secured $15m in debt funding from funds and accounts managed by BlackRock. This investment follows a $31m strategic investment from Morgan Stanley Expansion Capital. Sokin has experienced substantial growth in recent months, including a 51% increase in new account openings since the Morgan
Swan, a company specialising in embedded banking, has raised €42m in a Series B funding round. The funding will support Swan’s mission to make embedded banking the standard across Europe. The company believes the industry is undergoing a major transformation, where financial services are becoming a key part of everyday business tools rather than standalone
Korean FinTech company Allra FinTech, which operates the early payment service “Allra,” has raised $9.1m in its Series B funding round. The investment was led by KB Kookmin Card, which contributed $6.8m, making it Allra FinTech’s second-largest shareholder, according to a report from WowTale. Singapore-based Altara Ventures and Vietnam-based Do Ventures jointly invested $2.3m in
CapeZero, a software platform aimed at simplifying financial workflows for clean energy developers, has secured $2.6m in a seed funding round. The investment was led by Powerhouse Ventures, with participation from Climactic, Avesta Fund, Virta Ventures, and Stepchange. The funding will enable CapeZero to accelerate the development and expansion of its platform, which aims to
