Tagged: funding

July 27, 2024 @ 1:01 pm By Omar Faridi  |  

Jarvis, a pension fintech that empowers employees to plan for their ideal retirement actively, has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund. The investment will support growth and product… Read More

July 20, 2024 @ 8:12 am By Omar Faridi  |  

Aven, a technology company offering consumer credit cards backed by home equity,  announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven… Read More

July 10, 2024 @ 11:44 pm By Omar Faridi  |  

Pilot‘s CFO Services team recently published their Q1 Market update on the Venture Capital landscape. Their main takeaways are as follows: Deal activity in Q1 remained roughly flat QoQ, but varied by segment: pre-seed and seed-stage saw notable declines while late-stage saw moderate increases, with… Read More

July 4, 2024 @ 4:28 pm By Omar Faridi  |  

CBInsights has released the State of Venture Q2’24 Report CB Insights notes that you may review the latest investment data to make more well-informed decisions. According to the update from CBInsights, AI startups steal the show, “grabbing nearly a third of all funding, while the… Read More

June 26, 2024 @ 8:19 am By Omar Faridi  |  

The SaaS funding landscape in 2024 is very different from even two years ago, according to an update from Capchase. In previous years, venture capital (VC) funding was “the most popular form of SaaS funding, with countless firms investing bold amounts into fledgling companies,” the… Read More

May 25, 2024 @ 8:04 am By Michael Wong  |  

CBiGroup, a US-based fintech company, has raised $15 million in a Series A funding round led by Alpol Capital Family Office, renowned for its investments in new technologies. The newly acquired funds will be used to enhance research and development efforts, particularly in new technologies… Read More

May 12, 2024 @ 11:04 pm By Omar Faridi  |  

iwoca announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012. iwoca has received £150m (€175m) in debt financing commitments from Citibank and Insight Investment to “support the company’s growth in… Read More

April 4, 2024 @ 8:51 am By Omar Faridi  |  

The British Business Bank has agreed a facility increase that will provide £29.4m of funding to smaller UK businesses, through an existing ENABLE Funding transaction with independent specialist finance provider, Time Finance. The additional funding brings the total small business funding “available through the facility… Read More

March 29, 2024 @ 9:00 am By Omar Faridi  |  

NewRetirement, a comprehensive, digital-first financial planning platform for consumers and enterprise partners, announced that it has closed its Series A round with $20 million in funding. The funding round was “led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture… Read More

January 30, 2024 @ 10:14 pm By Omar Faridi  |  

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

January 30, 2024 @ 7:33 am By Omar Faridi  |  

Portal, a Fintech pursuing “financial self-sovereignty” with technology to access Bitcoin and other cryptocurrency markets, announced it has exited stealth mode and raised $34 million in seed funding. Investors that participated in the round “include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, as well… Read More

January 27, 2024 @ 9:56 am By Omar Faridi  |  

Masa Network, builder of the decentralized data marketplace, announced $5.4M in its seed fundraising round led by Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Additional investors reportedly “include Avalanche Blizzard Fund, Digital Currency Group, GoldenTree, OP Crypto, Unshackled… Read More

January 26, 2024 @ 11:29 am By Michael Wong  |  

Addlly AI, a Singapore-based Generative AI startup, announced the successful closure of its seed funding round, achieving a valuation cap of S$5 million. The fresh funding will be used for the strategic expansion of the company’s capabilities in AI-driven digital marketing, according to the announcement…. Read More

January 25, 2024 @ 11:18 pm By Omar Faridi  |  

BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, announced a $90 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than 25 years of experience in enterprise technology and services, financial services, and payments and transaction… Read More

January 24, 2024 @ 10:14 pm By Omar Faridi  |  

The ModernFi team is pleased to announce that it has raised an additional $18.7 million in funding to bring its tech-forward platform “to community and regional banks to help them grow, retain, and manage their deposits.” Led by Canapi Ventures, the investment round also “had… Read More

January 24, 2024 @ 8:09 am By Omar Faridi  |  

This past year marked significant milestones for BlinkSky, a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale. Among its most recent accomplishments, BlinkSky raised $1.5M in its initial private round, with investment participation from industry luminaries, “including former c-suite… Read More

January 19, 2024 @ 6:15 pm By Omar Faridi  |  

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, announced a Series B capital raise of $25.6 million. The round was reportedly “co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion… Read More

January 9, 2024 @ 8:14 am By Omar Faridi  |  

Financing a new business can be one of the biggest hurdles entrepreneurs face, according to an update shared by UK’s Starling Bank. Some 85% of UK startups launched in the last three years “have relied on the founder’s personal capital as the initial source of… Read More

December 19, 2023 @ 8:35 am By Omar Faridi  |  

Private credit investor TDC has secured additional commitments to its Impact Fund, unlocking vital resources for ambitious small businesses in the North of England. The Impact Fund, which focuses “on driving job creation across the North of England, was launched in May 2022 after securing… Read More

December 15, 2023 @ 7:55 am By Omar Faridi  |  

Meniga, a firm focused on personal finance management solutions, which has delivered work for large banks and financial institutions, announced that it has raised €15 million in Series D funding. The new investment round has “included European banks, Groupe BPCE and Crédito Agrícola, and the… Read More