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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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