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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

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Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil.

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Groupon Gets New Activist Investor

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Merage and his company, MIG Capital , based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that the stock was “undervalued, and represented an attractive investment opportunity,” he said. He is also seeking a seat on Groupon’s board. Groupon shares closed at $2.375 on Monday, 1.3

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PayPal Reorgs In Asia, Closes Malaysia Office

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The office, which was located in the country’s capital city of Kuala Lumpur, catered to users of the service all across Asia. We have made the difficult decision to close PayPal’s Operations Centre in Malaysia by the end of this year,” the company said in a statement. “We

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Goldman Leads Trulioo’s $70M Raise To Expand Global Digital ID

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The remaining $10 million came as unannounced follow-on financing from early investors, including BDC Capital and Blumberg Capital. Total funding to date since 2011 came to $96.6

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nCino Ups Its IPO To As Much As $253M

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The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business. Founded in 2011, the company reported $153 million in revenues for the 12 months that ended on April 30. million, or 74.7

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Mobile Payment Platform ShopKeep Closes $65 Million In Funding

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Tribeca Venture Partners , which led the company’s Series A round in 2011, led the financing. The debt financing piece of the round was provided by ORIX Growth Capital and Square 1 Bank, which is a division of Pacific Western Bank.

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Equifax Names New Executive For USIS Unit

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In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.