Altai Ventures, an early-stage venture capital firm, announced the closing of Altai Ventures Fund II, LP. The fund closed with $53 million in total commitments “surpassing its goal of $50 million.” Investors of Altai’s latest fund “consisted of leading financial and institutional Limited Partners (LPs),… Read More
Paytrix, an embedded payments company for “high-growth” vertical software platforms, announced that it has secured £5 million of new capital.” The investment round was “led by Hambro Perks, an international investment firm focused on private investing, alongside investment from Bain Capital Ventures, Fin VC, Better… Read More
A new report by Bain & Company predicts that embedded finance will surge to $7 trillion in total value by 2026. As Bain defines it, embedded finance can include payments, banking, and lending – like buy now pay later (BNPL) services. According to Bain, the… Read More
Finix, the payments technology company for software platforms, announced that it has raised $30M in fresh capital, “bringing the company’s total funding to $133M.” Finix raised “at an increased valuation despite the more challenging economic environment this year.” New and existing investors, “including The General… Read More
Matt Harris, a VC focused on financial services and based in New York City, says he’s pleased to welcome Noah Breslow to Bain Capital Ventures as an operating partner. Thrilled to welcome @noahbreslow to Bain Capital Ventures as an operating partner! Noah is a flat… Read More
Moov, a Fintech that supports banks and credit unions, Fintechs and more to quickly deploy financial service solutions to receive funds, store value, and remit payments, has raised $27 million in a Series A led by Andreessen Horowitz. Other investors include Gokul Rajaram as well… Read More
Flywire, a Boston-based provider of global payment and receivables solutions for education, healthcare, and business, announced on Thursday it has acquired healthcare financial service firm and the parent company of OnPlanU and OnPlan Health, OnPlan Holdings LLC. Flywire will now offer an end-to-end solution with capabilities including invoicing, secure payment… Read More
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