Tagged: accel

Digital Identity Verification Provider Socure Finalizes $450M Round at $4.5B Valuation

Socure, the provider of digital identity verification and fraud solutions, has confirmed its oversubscribed $450M round at a $4.5B valuation from various growth equity and public market investors. Socure achieved a $4.5B valuation only seven months after its $1.3B Series D investment round, on the… Read More

Neobanking Fintech Zolve Acquires $40M to Streamline Global Access to Digital Financial Services

Zolve, a neobank enabling international access to financial services, has announced the closing of $40 million in Series A funding. Zolve‘s investment round has been led by Partners of DST Global, who have previously led rounds in Fintech firms like Robinhood, Nubank, Chime, Revolut, and… Read More

Deserve Welcomes Visa Investment to Drive Mobile-Centric Credit Card Adoption

Deserve, a Fintech company transforming credit cards into mobile-centric software, has received a strategic investment from Visa to expand access to Deserve’s credit-card-as-a-service for financial institutions, Fintechs and brands. Visa joins Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae in supporting… Read More

BaaS Fintech Swan Secures €16M via Series A led by Accel

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

$150M Series C Makes Xendit a Unicorn

Xendit, a payments infrastructure provider serving Southeast Asia, this week announced a $150 million Series C that added it to the list of Southeast Asia unicorns. The round was led by Tiger Global Management with participation from existing investors Accel, Amasia, and Justin Kan’s Goat… Read More

London based Zepz, Previously WorldRemit, a Cross-Border Payments Fintech, Secures $292M at $5B Valuation

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

Millennial-Focused home finance platform raises $100 Million from Accel

Home finance platform Lower has raised $100 million in Series A funding from venture capital firm Accel as residential real estate is emerging as the top favorite means to invest. With this, Accel’s partner John Locke is joining Lower’s board of directors. Lower is focused on… Read More

BaaS Fintech Unit Acquires $51M in Capital via Series B from Accel, Better Tomorrow Ventures, Others

After acquiring $51 million in capital through a Series B round led by Accel, Banking-as-a-Service (BaaS) provider Unit has introduced a product that will allow firms to offer live bank accounts and issue payment cards within minutes. Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV… Read More

Truebill Reportedly Secures $45 Million Through Series C Investment Round Led By Accel

  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

France’s Shift Technology, an SaaS Provider of AI based Decision Automation for Insurance, Secures $220M via Series D

France-based Shift Technology, an SaaS provider of AI-enhanced decision automation and optimization solutions for the insurance sector, recently revealed that it has finalized a $220 million Series D funding round. Shift Technology‘s latest investment round brings total investment in the company to $320 million along… Read More

Unicorn Status: Digital Identity Verification Provider Socure Raises $100 Million Through Series D Funding Round Led By Accel

  Socure, a U.S.-based digital identity verification provider, announced earlier this week it secured $100 million through its Series D funding round, which was led by Accel with participation from Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson,… Read More

Indonesia-Based Digital Payment Infrastructure Xendit Secures $64.6 Million Through Series B Investment Round Led By Accel

  Xendit, an Indonesia-based digital payment infrastructure, announced on Wednesday it secured $64.6 million through its Series B investment round, which was led by Accel with participation from YCombinator. Founded in 2014, Xendit is a fintech that provides payment solutions and simplifies the payment process… Read More

Mexico-Based Fintech Flink Raises $12 Million Through Series A Investment Round Led By Accel & ALLVP

  Flink, a Mexico-based fintech, announced this week it raised $12 million through its Series A funding round, which was led by Accel and ALLVP with participation from Raptor Financial Group, Clocktower Ventures, Kevin Efrusy, and Oskar Hjertonsson, Founded in 2017, Flink claims to be… Read More

German Financial Compliance in E-Commerce Platform Taxdoo Raises $21 Million Through Series A Financing Round Led By Accel

  Taxdoo, a Germany-based automated platform for financial compliance in e-commerce, announced earlier this week it raised $21 million through its Series A funding round, which was led by global venture capital firm Accel with participation from Visionaries Club, 20VC and existing investor HTGF. Founded… Read More

UK Fintech Primer Secures £14 Million Through Series A Funding Round Led By Accel

  Primer, a UK-based fintech startup, has raised £14 million through its Series A funding round, which was led by Accel. The investment round comes just a little over six months after Primer secured £3.2 million through its seed funding round, led by Balderton Capital…. Read More

Fintech Firm Fiserv Increases PINless Transactions Limits at Accel to $100, Following COVID-19 Outbreak

Accel, a platform owned by Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has decided to temporarily increase the limits on its digital debit payments from $50 to $100. The limit increase has been made in order to meet some of… Read More

Fintech Firm Trade Republic Secures $67 Million in Capital via Series B Round led by Accel, Founders Fund

Trade Republic, a mobile-based investing app, has secured €62 million (appr. $67 million) in capital through a Series B funding round led by Accel and the Founders Fund. The money raised will be used to expand the company’s line of products and services. The funds… Read More

U.S. Fintech Galileo Financial Technologies Secures $77 Million Through Series A Funding Round Led By Accel

Galileo Financial Technologies, a U.S.-based fintech, announced on Thursday it secured $77 million through its Series A funding round, which was led by Accel with participation from Qualtrics Co-Founder and CEO Ryan Smith.   Founded in 2000, Galileo claims it has grown to become one of… Read More

U.S. Insurtech Ethos Raises $35 Million Through Series B Financing Round Led By Accel

Insurtech company Ethos announced on Tuesday it successfully raised $35 million through its Series B financing round, which was led by early and growth-stage venture capital firm, Accel with participation from Google Ventures (GV), previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation,… Read More

Sweden-Based Fintech Anyfin Secures €4.8 Million Through Series A Round Led By Accel & Northzone

Anyfin , a Sweden-based fintech startup that enables consumers to refinance their existing loans with a picture, today announces a €4.8 million Series A investment led by Accel and Northzone. Global Founders Capital and angel investors, including consumer finance executives and international fintech entrepreneurs, also participated… Read More

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