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Big Data Europe Financial Services FinTech Information Technology Insurance Payments Robotics

Subaio Raises €4M in Series A Funding

– Subaio is an Aalborg and Copenhagen, Denmark-based subscription management company.
– The company raised €4m in Series A funding.
– The round was led by Global Paytech Ventures (GPT), which was founded by Javier Perez, who recently stepped down from Mastercard.
– The new investment will be used to expand into new European markets and develop new features to its software solution.

Electric Vehicle Energy Energy Management Hardware Internet of Things North America Payments Software

ChargeLab raises seed capital to be the software provider powering EV charging infrastructure

– ChargeLab, a software provider for electric vehicle charging infrastructure, raised $4.3m in seed funding.
– The round was led by Construct Capital and joined by Root Ventures, and Notation Capital.
– The company plans to use the funding to expand its sales and marketing efforts.

Africa Banking Financial Services Information Technology Payments

South African digital bank TymeBank lands $109M from UK and Philippines investors

– TymeBank, a South African digital bank, secured an investment from new investors in the U.K. and Philippines.
– The company made this known via a statement.
– This investment will be used to bolster TymeBank’s growth and drive its commercial expansion across the country.
– The company offers a transactional bank account with zero or low monthly fees and a savings product.
– Most of its customers are onboarded via physical kiosks, usually in Pick n Pay and Boxer stores around the country.
– Since launching in February 2019, TymeBank has grown rapidly and now has about 2.8 million customers.
– The company says that it’s on track to reach 3 million by the end of next month.

FinTech North America Payments Subscription Service Transaction Processing

Gravy Solutions Raises $4.5M in Series A

Arlington Family Partners from the US led a $4.5m Series A funding in Gravy Solutions from London.
Arlington Family Partners was founded by former Morgan Stanley Managing Director, Brackett Darrell.
– Gravy provides technological and human expertise to reduce ‘involuntary churn,’ or the unintentional discontinuation of a subscription service due to the failure of the associated payment method.

Billing Europe Financial Services FinTech Payments

Billhop Raises €4M in Series A Funding

– Billhop, a Stockholm, Sweden-based payment platform that enables businesses to pay invoices by credit card, raised €4M in Series A funding.
– The round was led by Element Ventures.
– The company intends to use the funds to further develop the product and to strengthen sales, marketing and customer support functions.

FinTech North America Payments Subscription Service Transaction Processing

Gravy raises $4.5M for its service that helps subscription businesses recover failed payments

– Gravy, a startup helping subscription-based businesses recover failed payments, has raised $4.5 million in Series A funding.
– The round was led by Birmingham-based Arlington Family Partners, one of the few family offices in the southeast.
– It brings Gravy to a valuation of $10 million.
– The company plans to use the new funding to expand its team and grow its client base.

Communities Law Enforcement Mobile Payments North America Payments

Promise Receives $20M Series A Round

– Promise, a payment technology platform, has announced over $20 Million in new Series A funding.
– The funding will bring antiquated government payment systems into the 21st century.
– The company was founded to transform the inconvenient and time-consuming process of paying down government debt into something that any resident can use.

Financial Services FinTech Health Care North America Payments

PayZen Raises $5M in Seed Funding

– PayZen is a healthcare fintech company based in San Francisco, CA.
– The company came out of stealth raising $5m in seed funding.
– PayZen was incubated with Viola Ventures in 2019.
– The new investment will be used to deploy the AI-backed technology platform across a number of healthcare providers, reaching hundreds of hospital systems and thousands of patients across the country.
– Investors: Picus Capital, TWO39 Ventures, and others.

Europe Marketplace Mobile Payments Payments Real Estate

HousingAnywhere Raises €24M in Series C Funding; Acquires Kamernet

– HousingAnywhere from Rotterdam develops a rental accommodation marketplace for young professionals and international students.
– The company raised €24m in Series C funding.
– Backers included Ergeny Investments, and current investors VNV Global and Real Web, which led the round.
– Early-stage investor henQ Capital sold their stake.
– The new investment will be used to bring its marketplace and service offering to 17 more Focus Cities in Europe, to a total of 32, and to complete the acquisition of Kamernet, a Dutch classifieds website in the room, studio, and one-bedroom apartment categories.

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