Floating money

Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.

Monday, April 11: Luka reels in $4.4 million for chat bot help service
Luka, which offers users answers to questions on local restaurant options, weather reports, trivia and more, has raised $4.4 million in Series A funding, TechCrunch reported. Previously a restaurant-exclusive service, Luka’s AI-powered chat bots will now be able to offer advice on this variety of industries going forward. Sherpa Capital led the round, which will power this expansion in the service’s capabilities.

Tuesday, April 12: Affirm locks down $100 million Series D to disrupt financial lending
Affirm, which offers point-of-sale loans with as little information as a name, date of birth, and final four digits of its borrowers’ social security numbers, announced $100 million in equity funding last week, VentureBeat reported. With the round, led by Founders Fund, Affirm will look to expand its

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Source: Street Fight