Selfbook: Raises $15M Series A Extension; Valued at $300M

Selfbook Raises $15M Series A Extension; Valued at $300M

  • SelfBook, a New York-based comprehensive hotel payment software provider, raised $15M in Series A funding
  • This brings the total Series A funding to $40M, with a valuation of $300m
  • The round was led by Tiger Global, with participation from JAWS, the family office of Barry Sternlicht
  • The company intends to use the funds to continue to grow the team, evolve its product portfolio and build embedded fintech opportunities in the hospitality vertical
  • The company provides software which enables hotels to accept one-click payments directly on their websites while eliminating fraud and elevating the user experience
  • The company’s team has grown from five to 70 employees, with nearly 100 hotels onboarded
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...