Tagged: accel

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

U.S. Fintech Simility Secures $17.5 Million During Latest Funding Round Led By Accel With Participation From PayPal

Simility, a provider of machine learning–powered adaptive fraud prevention solution, today announced it has secured $17.5 million during its latest funding round. PayPal, Inc. also participated in the round as a new strategic investor along with existing investors The Valley Fund and Trinity Ventures. This brings Simility’s… Read More

Funding Circle Update: £800M Lent in Last 6 Months, Sean Glithero Leaves Auto Trader to Join as CFO

Funding Circle, a leading lending platform for small businesses, today announced that Sean Glithero will join the company as its new global Chief Financial Officer. This appointment follows a record-breaking first half of 2017 for Funding Circle with approximately £800 million lent to 8,000 businesses… Read More

Fintech Firm Soldo Secures $11 Million During Series A Funding Round Led By Accel

London-based fintech firm Soldo announced it secured $11 million during its Series A funding round, which was led by Accel with participation from Connect Ventures, InReach Ventures, U-Start, and R2014 Partners. As previously reported, Soldo revealed last fall plans to launch a multi-user spending account that’ll… Read More

Boom: Funding Circle Raises $100 Million in Equity Capital

Funding Circle Also Reports it is Now Profitable in the UK. Funding Circle, one of the largest online SME lender’s in the world, has closed on a $100 million funding round. The equity investment was led by Accel with participation from existing investors; Union Square… Read More

Brief: GoFundMe Announces Investment Offers from Venture Capital & Growth Equity Firms

On Thursday, crowdfunding platform GoFundMe confirmed that it has received some high-profile attention during its recent funding round. The website revealed: “Our mission at GoFundMe is to change the way the world gives. We’ve been thinking about how to best serve as many people as… Read More

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