Juni, a Sweden-based fintech that specializes in spend management solutions for e-commerce companies, has raised $100 million in a funding round led by Mubadala and Silicon Valley-based TriplePoint Capital. Additionally, Juni’s existing investors – EQT Ventures, Felix Capital, Cherry Ventures and Partners of DST Global – also participated in the funding round. With the new capital Juni aimss to help ecommerce businesses enhance performance by providing additional insights, features and integrations. The capital will also be used for increasing Juni’s marketing spend.
Swedish Fintech Juni Raises $206 Million in Equity, Debt Funding