Leavy.co Raises €12.7 Million

Touted to be the biggest seed funding round in the field of travel tech, Paris-based Leavy.co has managed to raise €12.7 million. The app is focused on millennial budget travelers. The funding round was led by Prime Ventures, one of the largest VC investors in the Benelux. For those that don’t know, the Benelux is political and economic union between the Netherlands, Belgium, and Luxembourg.

Founded in 2018, Leavy.co now has over 100 employees across six markets, and plans to launch in the US by the end of 2019.

Paytm Secures $1 Billion in New Funds

Paytm, India’s mobile payment startup, has reportedly secured $1 billion in new funds. The funding came from Japan’s SoftBank and China’s Alibaba affiliate Ant. The company says that it’s looking to use the new funds to expand its service offers and include elements such as loans, insurance, and investments.

Over the next three years, it plans on investing 100 billion rupees ($1.4 billion) towards the creation of new services for its users.

OutVoice Launches Payment Tools for Freelancers

OutVoice announced that it has finalized beta testing and is nearing a full launch across publications. It has reportedly also raised a round of seed financing from Coil, a content monetization startup.

The OutVoice launch is expected to be beneficial to both freelancers and publications. While the freelancers no longer have to worry about delays in payments, publications can do away with the stress of writing checks and tracking invoices. Modernization in action.