Tagged: investment

September 9, 2023 @ 4:35 pm By Michael Wong  |  

In a notable demonstration of faith in Central Asia’s growth potential, the International Finance Corporation (IFC), a member of the World Bank Group, has invested and mobilized a staggering $1.6 billion in the region during fiscal year 2023 (FY23). This investment, the highest ever for… Read More

August 24, 2023 @ 8:03 am By Omar Faridi  |  

After the start of a successful collaboration in 2022, the Germany-based auxmoney invests in the Dutch credit platform Lender & Spender. With this investment, Lender & Spender is part of the European “success story” of auxmoney. Robert Leclercq, CEO and co-founder of Lender & Spender, … Read More

February 27, 2023 @ 10:47 pm By Omar Faridi  |  

Northern Ireland (NI) Office Minister of State Steve Baker has announced £18.9 million investment in NI’s cyber security industry at Queen’s University Belfast’s (QUB) Centre for Secure Information Technologies (CSIT). This includes £11 million funding from the New Deal for NI. The investment will “see… Read More

July 26, 2022 @ 8:37 am By Omar Faridi  |  

London-headquartered social and community-focused investing app Shares is looking to expand operations in European markets and also move into crypto after securing $40 million via a Series B round that was led by Valar Ventures. The investment round, which brings Shares’ total funding to $90… Read More

March 8, 2022 @ 2:37 pm By Omar Faridi  |  

UK’s investment platform easyMoney notes that we are in the middle of a cost-of-living crisis and prices are increasing on just about everything we purchase so putting away extra funds into a savings pot might “not be at the top of your list, but it… Read More

October 3, 2021 @ 7:57 pm By Omar Faridi  |  

Quantexa, the data and analytics software firm focused on Contextual Decision Intelligence (CDI), recently revealed that BNY Mellon (NYSE: BK) has completed an investment in Quantexa, to “close its series D” – which was led by Warburg Pincus, an international growth investor, and a growing… Read More

August 9, 2021 @ 10:00 pm By Tony Zerucha  |  

Seven of the top 15 Canadian industrial sectors saw declines in investment between 2015 and 2019, research from Canadian think tank the Fraser Institute shows. More industries saw declines in capital investment at one time than during any period since 1990. “In a troubling trend,… Read More

July 19, 2021 @ 10:13 pm By Priyanka Pani  |  

Capital India, a financial conglomerate, has invested USD 25 million in a mix of equity & debt in Credenc, a fintech-focused on education loans. With this investment, Credenc is looking to build a loan book of $400 million by 2025.  The New Delhi-based Credenc, founded… Read More

June 28, 2021 @ 7:48 am By Priyanka Pani  |  

AI-based auto finance platform Lendbuzz has raised a total $360 million investment in part debt and equity. The US-based fintech started by two Israeli entrepreneurs –Amitay Kalmar and Dan Raviv, has raised $60 million in Series C equity financing led by Wellington Management, Goldman Sachs… Read More

June 16, 2021 @ 7:53 am By Omar Faridi  |  

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

June 8, 2021 @ 9:37 pm By Priyanka Pani  |  

American venture capital fund Tiger Global has been on the prowl for Fintech startups worldwide. The investment firm has recently invested around $30 million in Briq, a Fintech platform for the construction industry, as per a TechCrunch report. With this, Briq has raised a total… Read More

June 3, 2021 @ 9:30 pm By Samantha Hurst  |  

Trellis Technologies, Inc., a U.S.-based insurtech platform, announced on Thursday it secured $10 million through its Series A funding round, which was led by QED Investors with participation from NYCA Partners and General Catalyst. Founded in 2019, Trellis explained it provides secure, digital solutions that… Read More

June 3, 2021 @ 9:21 pm By Samantha Hurst  |  

  BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More

June 3, 2021 @ 9:06 pm By Samantha Hurst  |  

  Zoom Food Group, a UK-based food delivery service, is set to close its equity crowdfunding campaign on Seedrs with nearly £600,000 raised. The funding round, which originally sought to secure £200,000, has attracted over 300 Seedrs investors. Founded in 2017, Zoom describes itself as a bootstrapped, disruptive… Read More

June 3, 2021 @ 8:26 pm By Samantha Hurst  |  

   The Beans, a U.S.-based fintech startup announced on Thursday it secured $2 million through its investment round, which was led by Precursor Ventures with participation from Relay Ventures, One Planet VC, Swing Ventures, Oxford Angel Fund, and a group of notable angel investors. The Beans describes itself… Read More

June 3, 2021 @ 8:23 am By Samantha Hurst  |  

  Anorak, a UK-based life insurance advice platform, has reportedly secured £5 million through its latest investment round, which was led by Outward VC, with participation from Triple Point Ventures and Kamet Ventures Founded in 2017, Anorak describes itself as a technology company that is… Read More

June 2, 2021 @ 10:07 am By Samantha Hurst  |  

  Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More

June 2, 2021 @ 8:16 am By Samantha Hurst  |  

  Divido, a UK-based buy now pay later platform, announced on Wednesday it secured $30 million through its Series B funding round, which was led by HSBC and ING with participation from Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brand, DG Daiwa Ventures,… Read More

June 1, 2021 @ 3:27 pm By Samantha Hurst  |  

Nevomo, a Poland- based transportation tech, has raised over €1.22 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise €1 million, has already attracted 870 Seedrs investors.  As previously reported, Nevomo stated it has developed technology for a magrail system,… Read More

June 1, 2021 @ 1:34 pm By Samantha Hurst  |  

  Less than a year after securing $17 million through its Series C funding round, personal finance startup Truebill has reportedly raised $45 million through its Series D investment round, led by Accel with participation from Bessemer Venture Partners, Cota Capital, and Eldridge. Founded in… Read More