Tagged: investment round

June 28, 2023 @ 2:22 pm By Omar Faridi  |  

Resistant AI, an artificial intelligence (AI) and machine learning security company that protects financial services from financial crime, announced it has “expanded its Series A funding to $27.6 million, having raised an additional $11 million investment from Notion Capital.” This adds to the existing funding… Read More

June 28, 2023 @ 8:41 am By Omar Faridi  |  

Fennech Financial, an innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding. The investment round was “led by Lloyds Banking Group, who contributed a substantial £2 million, alongside some high-profile individual… Read More

June 27, 2023 @ 8:09 am By Omar Faridi  |  

TreasurySpring – the investment platform helping firms of all sizes unlock and protect the true value of their cash assets – has raised $29 million in Series B funding led by Balderton Capital. Mubadala Capital also participated in the investment round, “alongside previous investors ETFS… Read More

June 26, 2023 @ 10:37 pm By Omar Faridi  |  

Agel, which claims to be Egypt’s first and only Islamic FinTech, has announced today that the company has successfully “closed the pre-seed round for undisclosed seven-digit figures.” The investment round was “led by MENA-focused venture capital firms, Plus Venture Capital (+VC), Seedstars International Ventures, Flat6labs,… Read More

June 26, 2023 @ 7:22 pm By Omar Faridi  |  

Mypinpad, a global innovator in mobile card payments acceptance and identity authentication software solutions, is pleased to announce a substantial investment round of $13 million led by Crossfin Holdings. This strategic investment will “help expansion and support Mypinpad’s goal of building out its global payments… Read More

June 25, 2023 @ 4:53 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has led a $10 million funding round for Neutron as part of its ongoing drive to support the development of secure DeFi infrastructure and tooling. The investment round was “co-led by CoinFund, with participation from… Read More

June 21, 2023 @ 11:25 pm By Omar Faridi  |  

Wealth-as-a-Service platform OneVest announced CAD$17M in Series A funding as it aims to improve the wealth management experience for both financial institutions and their customers. The investment round, “which is led by OMERS Ventures with participation from existing investors Luge Capital, Panache Ventures, AAF Management,… Read More

June 19, 2023 @ 11:19 pm By Omar Faridi  |  

Blackbird.AI, which claims to be the leader in AI-driven Narrative and Risk Intelligence, announced the close of a $20M Series B round led by cybersecurity investor Ten Eleven Ventures, with follow-on support from existing investors Dorilton Capital, Generation Ventures, StartFast Ventures and Trousdale Ventures. Other… Read More

June 18, 2023 @ 3:38 pm By Omar Faridi  |  

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based Supply Chain Financing system, announced that it has successfully secured a top-up round from Philippines-based Kaya Founders “to accelerate growth plans and strengthen its presence in the Philippines market.” This undisclosed round of funding “follows a highly… Read More

June 18, 2023 @ 12:26 pm By Omar Faridi  |  

Paro, a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, announced it raised $25 million in Series C funding to further “develop its platform supporting freelance experts and continue its expansion with enterprise clients.” The investment round was “led by Top… Read More

June 15, 2023 @ 10:53 pm By Omar Faridi  |  

FIA Tech, which claims to be a leading futures industry technology provider, announced that it raised an additional $25.4 million in a funding round “led by six existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan and Wells Fargo, in addition to BNP… Read More

June 14, 2023 @ 10:21 pm By Omar Faridi  |  

Normal Computing, the startup building full-stack probabilistic compute infrastructure enabling artificial intelligence (AI) for the most critical and complex applications, announced today that it has raised $8.5M in a Seed funding round led by Celesta Capital and First Spark Ventures, with participation from Micron Ventures…. Read More

June 14, 2023 @ 8:58 am By Omar Faridi  |  

BoomFi, a next-generation payments company, has announced an oversubscribed seed funding round of $3.8 million led by White Star Capital. The team will use the capital from the investment round “to transform crypto and digital currency payments for web3. SaaS, eCommerce, creators, marketplaces and traditional… Read More

June 13, 2023 @ 10:29 am By Omar Faridi  |  

TIFIN AMP, the Artificial Intelligence (AI) Partner For Modern Distribution, is pleased to announce “the successful close of a Series A round and the establishment of a new board independent from parent company TIFIN.” Leading the investment round is Motive Ventures, the venture arm of… Read More

June 13, 2023 @ 8:51 am By Omar Faridi  |  

DJUST, a B2B eCommerce SaaS platform created by ex-founding member of Mirakl, Arnaud Rihiant, announced that it has raised €12M in a Series A growth funding round to accelerate market expansion. The investment round was “led by New Enterprise Associates, Inc. (NEA), with additional participation… Read More

June 11, 2023 @ 6:38 pm By Omar Faridi  |  

nocnoc, the facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, “led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia.” The funding from the investment… Read More

June 9, 2023 @ 8:55 am By Omar Faridi  |  

Insify, the end-to-end digital insurance platform designed for Europe’s entrepreneurs and SMEs, announced that it has raised €15 million in Series A financing. Global venture firm Accel “led the investment round and was joined by Visionaries Club as well as existing investors Frontline Ventures and… Read More

June 8, 2023 @ 11:36 pm By Omar Faridi  |  

Griffin, the UK’s full-stack Banking as a Service platform, announced that it has raised $13.5 million (£11 million) in a Series A funding round “led by global VC firm, MassMutual Ventures, with participation from existing investors Seedcamp, Notion Capital and EQT Ventures.” This investment round… Read More

June 7, 2023 @ 7:46 pm By Omar Faridi  |  

Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, announced its official launch with $17 million in funding from investors, including Eric Schmidt and Steel Perlot Management, LLC. Powered by a “highly scalable” proprietary ledger technology, capable of processing more than… Read More

June 7, 2023 @ 9:00 am By Omar Faridi  |  

  Meanwhile, the first and only life insurer entirely denominated in a cryptocurrency has announced ~$19 million in financing across two seed rounds, the first co-led by Sam Altman, CEO of OpenAI, and Lachy Groom, previous head of Stripe issuing, and with Gradient Ventures (Google)… Read More