Rainforest, an Atlanta, Georgia-based payment provider purpose-built for software platforms, raised $20 million in Series A funding, bringing its total funding to $31.75 million. Investors The round was led by Matrix Partners, with participation from investors including Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture …

Payabli, a Miami, Florida-based payments infrastructure for software companies, closed $20 million in Series A funding. Investors The round was led by QED Investors, with participation from existing investors TTV Capital, Fika Ventures, and Bling Capital. Founded in 2007, QED Investors is a venture capital firm based in Alexandria, Va. …

Connect Money, an Egypt-based banking-as-a-service fintech company focused on embedded finance services, closed an $8 million seed round. Investors The round was led by Disruptech Ventures and Algebra Ventures. Disruptech Ventures is a fintech venture capital firm based in Egypt, specializing in early-stage fintech and fintech-enabled startups. They aim to …

Datachamps, a Nashik, India-based AI startup specializing in transforming data into actionable insights through its workflow solutions, secured $500,000 in seed funding. Investors The round was led by Windrose Capital, with participation from other investors. Founded in 2013, Windrose Capital is a venture capital firm based in Pune, India. It …

Nitro Commerce, an India-based startup that provides a revenue-as-a-service platform, has secured Rs 15 crore ($1.8 million) in seed funding. Investors The round was led by Cornerstone Ventures, with participation from Warmup Ventures, Lead Angels, Dholakia Ventures, India Accelerator, and notable individual investors such as Arjun Vaidya, Kunal Khattar, Nikunj …

Viio, a Copenhagen, Denmark-based intelligent spend management platform, has raised over €3.3 million in funding. Investors The round was led by North Ventures, with participation from notable figures including Christian Kromann, CEO of SimCorp; Klaus Holse, Chairman of the Board at Danish Industry; Susanne Bechmann Holse; Ulrik Bo Larsen, former …

BlueFlame AI, a New York-based generative AI platform for alternative investment managers, raised $5 million in Series A funding. Investors The round was contributions from industry leaders, strategic partners, and the management team. The round has elevated BlueFlame's valuation to $50 million. BlueFlame AI Use of Funds The company will …