The largest this week
🇺🇸 Corporate card and expense management platform for global startups Jeeves raised has raised $180M in a Series C at a $2.1B valuation. The round comes just seven months after its Series B at a $500M valuation and just two years after launch. Jeeves differentiates from Ramp, which has been valued at $8.1B a few days before, for its global-first approach and its focus on build almost an internal BaaS.
🇺🇸 Capitolis, a capital markets focused technology company, raised $110M in Series D funding.
🇨🇭 Yokoy, a spend management app, closed a $80B Series B led by Sequoia Capital to help companies automate their expense, cards and invoicing processes.
Other notable fintech deals from around the globe:
🇸🇪 Fintech lender Ark Kapital is announcing a €165m seed round (made up of €15m in equity and, fittingly, €150m in debt) led by LocalGlobe. Differently from typical revenue-based financing lenders, Ark’s loans can last up to seven years and are based on future revenue projections. Repayments also don’t start for two or three years.
🇰🇪 Apollo Agriculture, a commercial farming platform that helps small-scale farmers maximize their profits, announced today that it has raised a $40 million Series B led by Softbank Vision Fund 2. Since 2019, Apollo Agriculture has emerged as Africa’s leading agricultural fintech, growing revenue 10x since its Series A.
Explore other 300+ finance for good startups.
Read up on all the latest fintech deals in Dealroom.co
Notable exits:
🇺🇸 🇬🇧 Apple has acquired UK open banking startup Credit Kudos for $150M.
