Tagged: accel

Accel Raises $650 Million to Fund Early Stage Ventures in Israel, Europe

Stating they are one of the very few VC firms that are truly global, Accel is reporting that it is raising a $650 million fund to support early-stage ventures in Europe and Israel. Accel opened its London office in 2000 as one of the first… Read More

Embedded Payments Fintech Rainforest Acquires $11.75M via Seed Round

Rainforest, a Payments-as-a-Service (PaaS) platform, announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels. The investment round includes “a $3.25… Read More

Insurtech Insify Raises €15M Series A to Bring Business Insurance to Europe’s SMEs

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

Sathapana Bank Signs Agreement with Singapore’s Fintech finbots.ai to Enhance Credit Risk Management

Accel-backed finbots.ai, a Singapore headquartered B2B SaaS FinTech announced signing Sathapana Bank—Cambodia’s commercial bank—as their latest client. With this, finbots.ai’s client case “has extended to 9 countries across APAC and MEA markets.” Sathapana Bank claims it is “one of the leading commercial banks in Cambodia… Read More

India’s Custom-Build Homes Firm Brick & Bolt Raises $10M from Accel, Celesta Capital

Custom-build homes platform Brick&Bolt announced that it has raised $10 million, co-led by global venture capital firms Accel and Celesta Capital. The company plans to use the funding “to enhance its tech stack, strengthen its leadership team and expand to 12+ cities in the next… Read More

Business Intelligence Provider Lightdash Raises $8.4 Million Seed Round led by Accell

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

Citi, Accel Invest in Digital Asset Manager xalts

Wall Street and Silicon Valley are coming together “to build digital asset management solutions focused on connecting institutional investors to the crypto ecosystem.” Earlier this year, former HSBC trader Ashutosh Goel and former Meta Asia executive Supreet Kaur paired up to build xalts, an investment… Read More

Funding Circle Founder’s Super Payments Fintech Raises £22.5 Million

Super Payments Holdings Ltd has raised £22.5 million in an over-subscribed funding round led by Accel. Other investors include Union Square Ventures, LocalGlobe, and a number of angel investors, including Sir Ron Kalifa OBE, Edward Wray (co-founder of Betfair), Peter Jackson (CEO of Flutter), Gokul… Read More

Charles Acquires $20M via Series A led by Salesforce Ventures to Tap Digital Commerce in WhatsApp

Charles announced that it has raised a $20 million Series A round that was led by Salesforce Ventures in order to become one of Europe’s “leading” conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also… Read More

Kevin., a Lithuania based Acct-to-Acct Payments Fintech, Finalizes $65M Series A Round

Kevin., a Lithuania -headquartered account-to-account payments Fintech, has acquired $65 million via a Series A round that has been led by Accel. Eurazeo, OTB Ventures, Speedinvest, OpenOcean, Global Paytech Ventures, and a host of angels joined the company’s latest investment round, which has come only… Read More

Funding Circle founder Samir Desai Acquires $30M in Funding for Fintech Super Payments

Funding Circle founder Samir Desai has reportedly secured $30 million in funding from key investors such as Accel and Local Globe in order to support the roll-out of Super Payments, a newly-established Fintech venture, Sky News reported. A co-founder of Funding Circle, one of the… Read More

Nansen Scores $75M Series B, Attracts Tiger Global, Andreessen Horowitz as Investors

Nansen, a blockchain data analytics platform, has raised a $75 million Series B round led by Accel. GIC, Andreessen Horowitz (a16z), Tiger Global, and SCB 10X are among the VCs and angel investors who also participated in the round. This funding will be used to… Read More

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

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