In the Press

We’re very excited to lead the Pagos Solutions Series A round and to be backing Klas Bäck, Albert Drouart, Dan Blomberg and the entire Pagos team. Merchants of all sizes can derive additional value from their existing payments infrastructure and the Pagos intelligent payment solutions are more relevant now than ever as they help improve a merchants bottom line by maximizing revenue, lowering payments costs and reducing fraud. Looking forward to working alongside Infinity Ventures, Underscore VC and Point72 Ventures in helping the Pagos team tackle payments complexity.

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The investors co-led the fintech’s Series B extension round last June. Other investors in the financing include PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst. The funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt. The fintech has raised more than $410 million in equity and debt since its 2019 launch.

Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with Akulaku and MUFG planning to expand into new markets and products together in 2023. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment. Its other backers include Ant Group (Akulaku launched a BNPL partnership earlier this year with Alipay+).

Congratulations to Mark Newman and the team at Nomi Health on being recognized as Best In Business by Inc. Magazine.

Congratulations to the team at HiBob for being recognised in the top 200 innovations for "changing how we live" by TIME's Magazine for the Best Inventions of 2022 awards. HiBob continue to innovate and engage with employees and HR teams. An excerpt from the magazine: "When the pandemic normalized remote work, a lot of #HR tasks like #onboarding and maintaining morale became complicated. But HiBob, with its Instagram-like dashboard that encourages employees to share their horoscopes and superpowers, was ready. 'We were the right platform at the right time,' says Ronni Zehavi, the startup’s CEO and co-founder." The time was right to putpeoplefirst. It still is.

HiBob has joined forces with Merge to offer a single API that helps customers quickly and painlessly add integrations with their accessible API design. The platform allows developers to add a Bob integration to their product much more quickly and cost-effectively than if they were to build the integration themselves. Merge normalizes the data synced from Bob’s API and gives developers a full suite of tools to manage the integration. Check it: hibobl.ink/mergedev