Tagged: accel

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

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

September 14, 2021 @ 6:04 pm By Tony Zerucha  |  

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

August 24, 2021 @ 7:34 am By Omar Faridi  |  

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

June 28, 2021 @ 4:02 pm By Priyanka Pani  |  

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

June 20, 2021 @ 8:45 pm By Omar Faridi  |  

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

June 1, 2021 @ 1:34 pm By Samantha Hurst  |  

  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

May 8, 2021 @ 3:27 pm By Omar Faridi  |  

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

March 18, 2021 @ 9:57 pm By Samantha Hurst  |  

  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

March 3, 2021 @ 10:45 am By Samantha Hurst  |  

  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

February 5, 2021 @ 9:24 pm By Samantha Hurst  |  

  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

December 17, 2020 @ 9:16 am By Samantha Hurst  |  

  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

November 29, 2020 @ 10:35 pm By Samantha Hurst  |  

  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

May 11, 2020 @ 9:28 pm By Omar Faridi  |  

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

April 18, 2020 @ 1:38 pm By Omar Faridi  |  

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

October 17, 2019 @ 10:20 am By Samantha Hurst  |  

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

October 30, 2018 @ 4:23 pm By Samantha Hurst  |  

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

February 22, 2018 @ 8:27 am By Samantha Hurst  |  

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

December 12, 2017 @ 9:20 am By Samantha Hurst  |  

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

July 3, 2017 @ 6:16 am By Erin Hobey  |  

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

June 21, 2017 @ 12:22 pm By Samantha Hurst  |  

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