Tag: Startups
Payments infra startup Finix closes $35M Series B led by Sequoia
This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its…
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Azimo, the money transfer service, secures €20M debt finance from the European Investment Bank
Azimo, the money transfer service that is HQ’d in London but has the majority of its staff based in based in Poland, has secured €20 million in debt from the European Investment Bank (EIB), the lending arm of the European Union. The financing is supported by the European Fund for…
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Dixa, the customer engagement platform, picks up $36M Series B
Dixa, the customer engagement platform, has closed $36 million in Series B funding. Leading the round is Notion Capital, with participation from existing investors Project A Ventures and SEED Capital. The Copenhagen and now London-based startup says it will use the new capital to accelerate its product development. This will…
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AI startup Cresta launches from stealth with millions from Greylock and a16z
As Silicon Valley’s entrepreneurs cluster around the worldview that artificial intelligence is poised to change how we work, investors are deciding which use cases make the most sense to pump money into right now. One focus has been the relentless communication between companies and customer that takes place at call centers.…
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HPE acquires cloud native security startup Scytale
HPE announced today that it has acquired Scytale, a cloud native security startup that is built on the open source Secure Production Identity Framework for Everyone (SPIFFE) protocol. The companies did not share the acquisition price. Specifically, Scytale looks at application-to-application identity and access management, something that is increasingly important…
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Jenfi wants to solve small business lending in Southeast Asia
Small business lending is a huge market that has attracted massive attention from VC investors in recent years. Startups like Kabbage have raised more than a billion dollars in venture capital and debt to create lending platforms for businesses, and others in the space like Fundbox for lending and BlueVine…
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