Fintech co Innoviti closes Series D round with addl $25-M led by Panthera Growth Partners

Payments-focused fintech startup Innoviti has closed its Series D round with an additional USD 25 million funding from investors led by Singapore-based Panthera Growth Partners. This takes the total Series D funding to USD 45 million. Panthera has invested USD 15 million while Alumni Ventures, Patni Family Office and existing investors FMO and Bessemer Venture Partners put in the rest. The firm's valuation is reported to have gone up 3X from the Series C round last year.