The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to no need to raise more before it goes public.
Simetrik created the Simetrik Building Blocks, scalable and adaptable concepts based on no-code development and generative AI technologies.
Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded
Payments remains one of the most fragmented of online services. Now a UK startup says it's building a solution to finally fix it.
With global digital payments revenue expected to reach $14.79 trillion by 2027, payment infrastructure has arguably never been more critical. But at the same time the tech is becoming essential, the c
Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself payments company
Geopagos, a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. The financing marks the company’s first ever institutional funding. Fou
Google has responded to dating app maker Match Group’s antitrust lawsuit in a scathing new court filing which refers to Match’s original complaint as a “cynical attempt” to tak
The company is targeting the region's challenges of customer acceptance, conversion and fraud with its "Commerce 3.0" payment infrastructure.
Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 billion. The startup had raised $86 million in
Metrics alone don’t help you build a business. They can help you set targets, but they do little to help you hit those targets.
Xendit, a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round o
Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibility of pay-as-you-use models tha
Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are selling online or offline) you will have different “
The B2B payments company is doubling down in both Chile and Mexico, while also eyeing new countries for expansion.
The U.S. is the world’s largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail.
Today social networks are more powerful than ever, and startups and corporations are innovating new commerce models that leverage the greater reach available to us.
African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered
So now Plaid says it’s a payments company. It was only a matter of time, really.
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management.
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