March 24, 2022 @ 3:33 pm By Tony Zerucha  |  

Digits, a real-time finance and accounting platform for small businesses, this week closed a $65 million Series C funding round led by SoftBank with participation from Harry Stebbings’ 20VC Growth, as well as GV and Benchmark. The latest round brings Digits’ total funding to $97.5 million and values the company at $565… Read More

March 24, 2022 @ 3:26 pm By Tony Zerucha  |  

LexisNexis Risk Solutions this week released the results of its latest Cybercrime Report, an analysis of transaction data from the LexisNexis Digital Identity Network in the second half of 2021. The report shows a significant shift to mobile fraud over the last four years, with… Read More

March 24, 2022 @ 12:32 pm By Tony Zerucha  |  

Climate X, a London-based climate risk analytics provider, has raised $5.4M in seed funding. CommerzVentures and A/O PropTech led the round, and were joined by Voyagers Climate Tech Fund, Blue Impact Ventures, Deloitte LLP and angel investors including David Rowan (founding editor-in-chief at WIRED), Kat… Read More

March 24, 2022 @ 11:38 am By Tony Zerucha  |  

Facteus today announced a $10 million funding round led by Curql Fund, the investment arm for more than 75 credit unions across the U.S. The company will use the funds to support the growth of its Quantamatics platform, continued product innovation, and expansion into new industry… Read More

March 23, 2022 @ 11:51 pm By Tony Zerucha  |  

Around the world, 66% of major institutional investors are more worried now than two years ago about extreme events disrupting their investment strategies—and 64% believe investors need to completely re-think how they approach portfolio construction. Those are among the key findings of Nuveen’s second annual EQuilibrium… Read More

March 23, 2022 @ 5:11 pm By Tony Zerucha  |  

TokenEx, a cloud tokenization provider, today announced it has raised $100 million in Series B funding from K1 Investment Management, an investment firm focused on high-growth enterprise software companies globally. The company will use the new funding to invest further in its product, customer service, and… Read More

March 23, 2022 @ 2:45 pm By Tony Zerucha  |  

BridgeTower Capital is partnering with Securitize, a provider of digital assets securities, to launch the BridgeTower Global Platform offering for Permissioned Markets. BridgeTower is also launching a staked digital asset security (SDAS) that will run in an Avalanche subnet. Investors need to create a Securitize iD,… Read More

March 23, 2022 @ 2:40 pm By Tony Zerucha  |  

Rocket Dollar, an investment platform allowing individuals to invest in alternative assets, unveiled a rearchitected API-enabled platform as it tops $650 million of assets. Mike Panzarella, who was most recently Block’s (previously known as Square) deposit operations lead, will serve as Rocket Dollar’s chief technology… Read More

March 23, 2022 @ 2:39 am By Tony Zerucha  |  

Capitolis today announced it has raised a $110 million Series D at a $1.6 billion valuation. The fundraise is ed by Canapi Ventures, 9Yards Capital, and SVB Capital. Existing investors in Capitolis include a16z, Index Ventures, Sequoia Capital, S Capital, Spark Capital, Citi, State Street… Read More

March 23, 2022 @ 2:33 am By Tony Zerucha  |  

OnCorps, a provider of artificial intelligence to financial services operations, this week announced the close of a Series B investment round led by Guggenheim Investments. Guggenheim Investments is the global asset investment and advisory arm of Guggenheim Partners. The company today also announced that Jay Hooley,… Read More

March 23, 2022 @ 1:17 am By Tony Zerucha  |  

  Sellsy, a French provider of all-in-one CRM and financial management system (FMS) software solutions for SMEs, today announced the acquisition of RocketChart, strengthening its existing offering with the addition of a cash management solution. The company said this investment is the first step in… Read More

March 23, 2022 @ 12:32 am By Tony Zerucha  |  

Upshot, a blockchain-based protocol providing NFT appraisals, today announced a $22 million Series A2 funding round led by Polychain Capital. Polychain joins previous investors Framework Ventures, CoinFund, Blockchain Capital, Slow Ventures, Mechanism Capital, and Delphi Digital, among others. The company plans to use the funds… Read More

March 22, 2022 @ 11:47 pm By Tony Zerucha  |  

Saphyre, a Fintech company that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, this week confirmed its Series A round of $18.7 million, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round. Terms of the… Read More

March 22, 2022 @ 10:25 pm By Tony Zerucha  |  

Helcim, a payments company catering to small businesses, this week announced it has closed its Series A funding. The round was led by Toronto-based venture capital firm Information Venture Partners and Aquiline Technology Growth. The round also included participation from Generational Platform Partners, Alberta-based Accelerate… Read More

March 22, 2022 @ 4:51 pm By Tony Zerucha  |  

Galileo, a subsidiary of SoFi (NASDAQ: SOFI), today announced its recent expansion into Colombia. The company currently provides services in Colombia where it can partner with issuers, banks, e-commerce, and Fintechs to enable its digital financial services offerings. Since Galileo’s arrival in Mexico in 2020, it has… Read More

March 22, 2022 @ 4:46 pm By Tony Zerucha  |  

Fishtail announced today it has raised $4.5 million in seed funding, led by Thursday Ventures, with participation from Rackhouse Ventures, Amara Ventures, and project44 CEO Jett McCandless and chief growth officer Jason Duboe. “Trade finance has been an under-invested asset class for far too long,” said Fishtail CEO Marc Held…. Read More

March 22, 2022 @ 1:10 pm By Tony Zerucha  |  

Reigo Investments, a global financial real estate technology company, today announced it has closed a $100 million securitization of residential bridge loans led by Cantor Fitzgerald. The transaction marks the company’s second securitization completed since June 2021- a figure it has now doubled to $200… Read More

March 19, 2022 @ 11:02 am By Tony Zerucha  |  

Singapore Japan Mobile Labs, a new venture focused on Fintech innovation in the Japanese market, has raised a US$ 2.85 million seed round, the group announced this week. The round was led by Saison Capital with additional participation from Apis Insurtech Fund I and Anthemis… Read More

March 18, 2022 @ 5:30 pm By Tony Zerucha  |  

  Quadrata, a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, this week launched their Web3 passport. The Quadrata Passport allows network participants to build DeFi applications, expand financial services and leverage the proprietary technology to initially access… Read More

March 18, 2022 @ 3:21 pm By Tony Zerucha  |  

World Mobile Group, a global mobile network combining renewable energy with blockchain technology, has partnered with COTI, creator of the DJED stablecoin and ADA Pay, which allows merchants to accept ADA for their goods and services. Through the partnership, COTI brings ADA Pay to retailers and… Read More