Today, Mastercard and Last Mile Solutions announced a new partnership to establish new payment standards for the Electric Vehicle (EV) charging industry, that will enhance the user payment experience at charging stations.

Lendbuzz Inc, the AI-based fintech company that is disrupting the automotive lending industry, announced today that it has closed a $219 million securitization collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.

Benepass, a flexible benefits platform for people-first companies, announced today that the company has raised $20 million in additional funding led by Portage and Clocktower Technology Ventures. Stephanie Choo, Partner at Portage has joined the Benepass Board of Directors. Workday Ventures and existing investors Threshold Ventures and Gradient Ventures also participated in the funding round.

Tokenbridge, a token aggregator and distribution platform streamlining the wealth and fund management ecosystem, today announces the introduction of new features to support the construction, distribution, and evaluation of tokenized model portfolios.

WiseAlpha, the first company to invent fractional bonds, has announced a new wealth management portal and white-label solution, making it easier than ever for wealth managers to give clients access to fractional bonds. 

Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use, and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card.

Kriya, the B2B payments fintech, today announces that it has secured a new £50 million debt facility from a long-standing debt partner, Viola Credit. This will allow the fintech to power over £1 billion of B2B Payments over the next 24 months.

Incognia, the innovator in location identity solutions, is announcing it has closed $31MM in Series B funding led by Bessemer Venture Partners, with participation from FJ Labs and existing investors, including Point72 Ventures, Prosus, and Valor Capital.

Metronome has raised over $43m in Series B funding, led by NEA with participation from both a16z and General Catalyst. Also, Metronome welcomes Hilarie Koplow-McAdams, former President of New Relic and Salesforce and an experienced public company board member. This funding round brings to over $78m raised to date.