Tagged: investment round

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

November 1, 2023 @ 8:37 am By Omar Faridi  |  

Shield AI, the defense technology company building the AI pilot for aircraft, today announced it has raised $200 million in Series F funding in an oversubscribed funding round. This latest investment round, “led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with… Read More

October 27, 2023 @ 4:50 pm By Omar Faridi  |  

Upfort, a cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, “with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round.” This investment round advances Upfort’s goal “to simplify… Read More

October 27, 2023 @ 10:27 am By Omar Faridi  |  

CoverForce, the insurance platform bringing streamlined comparisons and one-click buying to commercial insurance, emerged from stealth mode, “unveiling its comprehensive suite of products made specifically for agency networks, wholesalers, and software companies.” The company’s infrastructure and easy-to-integrate API aim “to provide digital access and one-stop… Read More

October 27, 2023 @ 7:56 am By Omar Faridi  |  

The team at Kota are pleased to share that we have raised a €5M Seed round led by our new partners, EQT Ventures, with participation from early partners Northzone and Frontline Ventures, “as well as some incredible new angels including Job van der Voort of… Read More

October 25, 2023 @ 9:48 pm By Omar Faridi  |  

Prism Data, a cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This investment round was reportedly “led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital.” Prism’s new funding follows “a… Read More

October 25, 2023 @ 7:08 am By Omar Faridi  |  

Beluga, a platform that onboards and guides new users through their crypto journey, announced a $4M seed round from some of the most well-known crypto and FinTech investors. The investment round was led “by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs,… Read More

October 24, 2023 @ 10:05 pm By Omar Faridi  |  

Creditly Corp., dba Credit Genie, a digital personal finance platform that has served more than one million Americans, announced the successful completion of an additional funding round, securing $10 million in capital, “bringing its total financing to $21 million.” The funding via the investment round… Read More

October 23, 2023 @ 2:26 pm By Omar Faridi  |  

Procurify, the all-in-one spend management solution for mid-market organizations, has raised $50 million USD in a Series C funding round led by Ten Coves Capital, with co-investment “from Export Development Canada (EDC) and participation from existing investors including Information Venture Partners and HarbourVest, et al.”… Read More

October 22, 2023 @ 9:47 am By Omar Faridi  |  

Finzly, a provider of payments infrastructure for financial institutions, announced that it has closed a Series A funding round of $10M with TZP Growth Equity. The funding from the investment round will be used to accelerate Finzly’s expansion “as it continues to meet the growing… Read More