October 10, 2022 @ 10:02 pm By JD Alois  |  

Airwallex has raised an additional USD $100 million at a valuation of USD $5.5 billion, the same as its previous round. The “Series E extension” raising money from existing investors, Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and… Read More

October 10, 2022 @ 9:51 pm By Omar Faridi  |  

Loans worth €14 million were purchased last month, according to an update from Robo.cash. The Robocash team further revealed that 594 people joined the platform. As noted in a blog post, Robo.cash investors earned €600,000, The investment platform has shared a few highlights covering what… Read More

October 10, 2022 @ 5:40 pm By Omar Faridi  |  

The team at Horizon is pleased to announce that they’ve raised $40 million via their Series A financing round “to make web3 easy, fun, and powerful for users and builders.” Horizaon will use the capital to scale their products, grow their ecosystem, and hire more … Read More

October 10, 2022 @ 4:46 pm By JD Alois  |  

StartEngine, a full-stack securities crowdfunding platform, has circulated an email reporting that it has raised more than any other platform under Reg CF and Reg A+ during the third quarter of 2022. Reg CF (Regulation Crowdfunding) is a securities exemption that allows companies to raise… Read More

October 10, 2022 @ 4:03 pm By Omar Faridi  |  

Chainalysis, the blockchain data platform, announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on “identifying, validating, mitigating, and neutralizing cyber-crime threats.” Chainalysis’ data platform “equips the alliance with the same investigative tools that have been used to… Read More

October 10, 2022 @ 3:46 pm By JD Alois  |  

Business intelligence (BI) platform Lightdash has raised $8.4 million in Seed funding in a round led by Accel. Simultaneously, Lighthouse announced that hosted product Lightdash Cloud, is also now available in public beta, after receiving a waitlist of more than 600 pre-qualified companies. Other investors… Read More

October 10, 2022 @ 2:44 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has reportedly “repaid investments into a commercial real estate project – business center K32 located in a prestigious place in Vilnius (Kęstučio str.32), the capital of Lithuania.” K32 is a Class A commercial building that… Read More

October 10, 2022 @ 2:39 pm By JD Alois  |  

CrowdStreet, a leading real estate crowdfunding platform, has raised $43 million in both debt and equity capital. According to a company statement, the equity financing came from a group of strategic investors, including Fortune 100 financial services company TIAA, which is making an investment through… Read More

October 10, 2022 @ 11:46 am By JD Alois  |  

LCX, a Liechtenstein-based blockchain firm, has relaunched its crypto exchange which is regulated by the Liechtenstein Financial Market Authority. LCX AG is audited by Grant Thornton as an external auditor and by NSF Services Trust as an internal auditor. Originally launched in 2018, the updated… Read More

October 10, 2022 @ 11:17 am By JD Alois  |  

Huobi Global, the operator of one of the world’s largest crypto exchanges, has selected Justin (Yuchen) Sun to join the Huobi Global Advisory Board. Sun is the creator of TRON, a blockchain-based operating system that claims more than 110 million monthly active users. The Advisory… Read More

October 10, 2022 @ 11:13 am By JD Alois  |  

Among other policy initiatives aiming to boost the UK’s flagging economy, SEIS or Seed Enterprise Investment Scheme – a pro-innovation tax exemption received an adjustment as outlined in the Chancellor of the Exchequer’s “mini-budget” revealed last month. According to the document: “From April 2023, companies… Read More

October 10, 2022 @ 10:00 am By Omar Faridi  |  

Personal savings app provider Yeeld has raised 71% (€357,114.20) of its €500,000 target from 292 investors with 8 days left (at the time of writing) in the firm’s crowdfunding campaign carried out via Crowdcube. Yeeld reports a Pre-money valuation of €12,000,000; Equity: 4%; a €0.78… Read More

October 10, 2022 @ 9:16 am By JD Alois  |  

BankiFi, a UK-based Fintech offering embedded banking services, has announced a partnership with Axiom Bank to pursue the US SME banking market. Axiom Bank, based in Florida, has its roots as a community-based savings and loan firm that has bigger plans. The two firms are… Read More

October 10, 2022 @ 8:54 am By JD Alois  |  

Recharge.com, a European payments company, has announced the launch of a global marketplace for people to purchase branded gift cards in a push to become the leading branded payments company in the world. Recharge.com was founded in 2010 and is based in Amsterdam. Recharge highlights… Read More

October 10, 2022 @ 8:23 am By Omar Faridi  |  

For the entire world, and especially for the European region, the year 2022 is associated with significant fluctuations in the global economy, which also “have left a remarkable impact on every local market,” the team at Debitum noted. Such a difficult and critical period has… Read More

October 10, 2022 @ 8:18 am By Omar Faridi  |  

Crowdtolive, which lets people own their home “without incurring debt,” whilst investors can get the benefits of property investment, has raised 120% (£482,950) of its £400,004 target via Seedrs from 158 investors (at the time of writing) with 20 days currently left in the firm’s crowdfunding… Read More

October 9, 2022 @ 11:45 pm By JD Alois  |  

Solidi, said to be the first crypto exchange in the UK to be registered with the UK Financial Conduct Authority (FCA), has partnered with AlgoDynamix. AlgoDynamix, founded at Cambridge University, is an analytic firm that was originally launched to provide fund managers, investment banks and… Read More

October 9, 2022 @ 11:40 pm By Omar Faridi  |  

The Quadrans Foundation, as part of the TRICK Consortium, will “provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals.” TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was… Read More

October 9, 2022 @ 11:34 pm By Omar Faridi  |  

A new independent survey of more than 2,000 European SMEs has found: 68% plan to adopt real-time payment processing in the next 12 months At present, just 10% of SMEs can receive payments instantly 23% say their international growth has been hindered due to delays… Read More

October 9, 2022 @ 10:34 pm By JD Alois  |  

Fintech startup Hedgehog has raised over £1.56 million on Seedrs. As was previously reported, Hedgehog was aiming to raise £1 million but has easily topped that amount by over 50%. Hedgehog was offering equity at a pre-money valuation of £20.4 million. The offering was EIS-approved…. Read More