Tagged: investment round

December 11, 2023 @ 6:08 am By Omar Faridi  |  

SumUp, the global financial services company, announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. The funding will be used “to expand SumUp’s global footprint and deliver the tools… Read More

December 7, 2023 @ 8:27 am By Omar Faridi  |  

Scalable Capital, a digital investment platform in Europe, announced the closing of a €60 million in equity financing. The Series E extension was led “by European venture capital firm Balderton Capital with participation from existing investors, including HV Capital – underscoring their strong support for… Read More

December 7, 2023 @ 8:04 am By Omar Faridi  |  

Liberis, an embedded business finance solutions provider, announced it has secured $112 million in debt financing in order “to support its further growth in North America and Europe and expansion into new markets, including Canada, Poland and Germany.” This collaboration is set “to inject a… Read More

November 15, 2023 @ 11:03 am By Omar Faridi  |  

Solvimon, the new billing platform, has raised €9M from Northzone and select business angels. The seed investment round will be used “to continue expanding the team and to accelerate go-to-market.” Founded by Kim Verkooij (CEO) and Etienne Gerts (CTO), Solvimon’s platform empowers mid to large… Read More

November 15, 2023 @ 7:38 am By Omar Faridi  |  

Defacto, the instant, embedded B2B lending platform, has raised an additional €10 million from new investor Citi Ventures and existing investors Northzone, Headline and Global Founders Capital to bolster its Series A funding. This investment will be used “to transform Defacto’s instant lending platform into… Read More

November 14, 2023 @ 11:38 pm By Omar Faridi  |  

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

November 13, 2023 @ 10:59 pm By Omar Faridi  |  

EduFi has launched the digital student loan platform in Pakistan, on a mission “to empower more students to achieve their academic pursuits.” Education is a lever of economic growth and social development “in any country but poor quality state school provision often drives many families… Read More

November 13, 2023 @ 9:54 am By Omar Faridi  |  

Almond Fintech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding from the investment round will aim to help broaden Almond’s rapidly expanding network in Asia, the Americas, while… Read More

November 12, 2023 @ 1:15 pm By Omar Faridi  |  

Monument Bank is pleased to announce the successful completion of our Series B, raising $50 million (£40+ million). According to Monument Bank, the successful closure of this funding round “not only reaffirms their vision but also highlights Monument’s substantial and resilient growth amid persistent environmental… Read More

November 12, 2023 @ 12:13 pm By Omar Faridi  |  

MNT-Halan has reportedly closed a $130 million securitization. As Egypt’s “first” unicorn and “fastest-growing” fintech, they’ve now “raised over US$ 400m in 2023, and target US$ 550 by the year’s end.” MNT-Halan has closed five tranches of securitized bond issuances “through its microfinance and consumer… Read More

November 9, 2023 @ 4:21 pm By Omar Faridi  |  

Moflix Group, a telecommunications industry pioneer providing next-generation digital solutions, announced that it has raised a $3.1 million seed funding round with the participation from The Hashgraph Association (THA) – the Swiss-based non-profit organization accelerating the adoption of the Hedera network globally, “alongside other strategic… Read More

November 8, 2023 @ 5:18 pm By Omar Faridi  |  

Volante Technologies, the firm focused on cloud payments modernization, announced that it has secured $66 million in debt and equity financing in an investment round “led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and… Read More

November 8, 2023 @ 5:16 pm By Omar Faridi  |  

Black Ore, an AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT. The company plans to use the funds from the investment round to onboard new customers, “grow its team, and accelerate the development of… Read More

November 5, 2023 @ 7:08 pm By Omar Faridi  |  

Toposware, a key player focused on zero-knowledge technology, is pleased to announce the successful completion of its $5 million strategic seed extension round. The investment round was led “by Evolution Equity Partners and featured participation from prominent investors such as Triatomic Capital, K2 Access Fund,… Read More

November 5, 2023 @ 5:42 pm By Omar Faridi  |  

Tabby, the MENA region’s shopping and financial services app, has raised $200 million in equity financing led by Wellington Management, which claims to be one of the world’s major independent investment management firms. The equity financing drew additional participation “from growth equity investor Bluepool Capital,… Read More

November 5, 2023 @ 4:45 pm By Omar Faridi  |  

Layr, an insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capitalalso participated in the round. The company will use the funds from the investment round “to expand go-to-market operations and… Read More

November 5, 2023 @ 3:42 pm By Omar Faridi  |  

Guidde, the video documentation platform harnessing generative AI, today announced a $11.6 million Series A funding round led by Norwest Venture Partners, joined by existing investors Entrée Capital, Honeystone Ventures, Crescendo Ventures, and new investor Tiferes Ventures. The Series A investment round comes “within a… Read More

November 3, 2023 @ 2:35 pm By Omar Faridi  |  

QI Tech, the Direct Credit Company (SCD) approved by the Brazilian Central Bank, today announced an investment of US$200 million (R$1 billion) in a Series B round “led by General Atlantic, a global investor, with participation from existing investor Across Capital, which is doubling its… Read More

November 2, 2023 @ 11:23 am By Omar Faridi  |  

Finkargo, the international trade platform empowering small and medium-sized businesses (SMBs) with global sourcing, trade services and embedded financing, announced a $20 million Series A financing. The investment round was led by QED Investors, “with the participation of new investor Nazca and existing investors Quona,… Read More

November 1, 2023 @ 1:36 pm By Omar Faridi  |  

Charlie, the new “standard” for 62+ banking services, announced it has raised a $23M Series A with TTV Capital serving as the lead investor. FPV also participated in the investment round “as well as other seed investors including Better Tomorrow Ventures.” The capital is a… Read More