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Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. Farfetch will use the capital to continue growing and expanding into new markets, particularly China. Tencent is helping the company reach the market through its WeChat platform. “We

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Indian Digital Payments Platform Cashfree Lands $35M From Apis Partners  

PYMNTS

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. Cashfree has maintained a leadership position in this space and is now going through a period of rapid growth.”.

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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco. The labs are a part of Standard Chartered’s venture capital arm SC Ventures, reports noted. NS Banking said Wednesday (Aug.

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. The company now has an office in San Francisco, too, that gives it a presence in Silicon Valley.

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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

PYMNTS

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. ZP Group incorporates three units: a government cybersecurity contractor, a human capital and staffing service and a security advisory firm.

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The 2023 GonzoBanker Awards

Gonzobanker

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

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