Tagged: funding round

February 11, 2025 @ 9:11 pm By Omar Faridi  |  

Rho Labs, the developer of Rho Protocol, the crypto-native rates exchange, announces that it has secured $4M in seed funding to “expand the capabilities of its platform.” Rho enables interest rates trading for a wide range of crypto-native and professional investors. With a total value… Read More

February 9, 2025 @ 9:02 am By Omar Faridi  |  

Payment provider Rapyd is reportedly in discussions to secure $300 million in funding from investors, valuing the company at $3.5 billion. This valuation represents a significant decline from its peak value of around $9 billion in 2021, and a substantial drop from its early 2022… Read More

February 8, 2025 @ 8:55 am By Omar Faridi  |  

TaxGPT, the AI tax co-pilot for accounting and tax firms, announced it raised $4.6M in funding. The company is reportedly backed by the following: Rebel Fund, Mangusta Capital, Y Combinator, Launch, iSeed Ventures, Converge Fund, TRAC AI/VC Unicorn Fund, Goodwater Genesis, CRV Disrupt Fund, Principal… Read More

February 5, 2025 @ 6:16 pm By Omar Faridi  |  

A recent funding round has highlighted the growing demand for artificial intelligence (AI) solutions in the financial services industry.  The investment in Jump, a provider of AI tools for financial advisors, underscores the potential benefits of leveraging AI to streamline administrative tasks and enhance customer… Read More

February 4, 2025 @ 10:21 pm By Omar Faridi  |  

Anchor, the Autonomous Billing & Collections platform, announced it raised a $20 million Series A funding round, led by Mosaic General Partnership and Oren Zeev from Zeev Ventures. Existing investors, including Entrée Capital and Tal Ventures participated, alongside new investors Amy Banse, who will be… Read More

February 4, 2025 @ 10:43 am By Omar Faridi  |  

Solaris SE, Europe’s embedded finance platform, announced the securing of its Series G funding round. This, after facing significant operational challenges during the past year. The investment round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with… Read More

January 31, 2025 @ 7:48 am By Omar Faridi  |  

Formance, an Open Source financial infrastructure provider, announced the close of a $21 million Series A funding round co-led by PayPal Ventures and Portage, with participation from Y Combinator, Hoxton Ventures, and AXC. This latest milestone reportedly comes on the heels of a “10x increase”… Read More

January 30, 2025 @ 5:19 pm By Omar Faridi  |  

Finout, the FinOps-for-enterprise platform, announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment reportedly brings Finout’s total funding to $85 million. The company’s platform, which powers… Read More

January 30, 2025 @ 5:18 pm By Omar Faridi  |  

OneVest, a wealth management technology platform, announced the closure of a $20 million Series B equity funding round. The investment round was reportedly led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. Returning investors include the following: OMERS Ventures,… Read More

January 30, 2025 @ 12:19 pm By Omar Faridi  |  

Oligo Security, the firm focused on Application Detection and Response (ADR), announced $50 million in Series B led by Greenfield Partners, with participation from Red Dot Capital Partners, Strait Capital, and existing investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners. The proceeds will be… Read More

January 29, 2025 @ 9:35 pm By Omar Faridi  |  

TravelPerk, the business travel platform, announces a new Series E fundraise of $200m. The investment round is reportedly led by European venture capital firm Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The round “nearly doubles”… Read More

January 27, 2025 @ 11:57 am By Omar Faridi  |  

BitStock, an Israeli fintech startup, has successfully secured an additional $400,000 in funding, bringing its total investment to $1 million. This fresh capital injection will be allocated towards enhancing marketing efforts, driving sales, advancing research and development, and bolstering operational activities. Founded in 2024, BitStock… Read More

January 23, 2025 @ 8:38 am By Omar Faridi  |  

Tapline reports that it has raised a €20 million pre-Series A funding round comprising both equity and debt. This milestone enables Tapline to scale its operations, expand its innovative platform, and “support the growth of SaaS companies” across Europe. Tapline explained that it provides non-dilutive… Read More

January 19, 2025 @ 8:26 pm By JD Alois  |  

Swiss digital asset bank Sygnum is reporting a $58 million funding round at a $1 billion valuation. According to Sygnum, the funding round was oversubscribed. The lead investor was Bitcoin-focused VC Fulger Ventures. Others participating in the ournd include new and existing investors as well… Read More

January 14, 2025 @ 7:43 am By Omar Faridi  |  

Nevermined, the provider of AI payment infrastructure for AI-to-AI transactions, announced it has raised over $4 million in funding to accelerate the adoption of AI-Commerce by enabling AI agents to pay and get paid. The investment round was led by Generative Ventures, with participation from… Read More

January 10, 2025 @ 6:17 am By Omar Faridi  |  

OnPay, a provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding. The funding consists of a $63 million Series B investment round that has reportedly been led by Carrick Capital Partners, along with contributions from… Read More

January 6, 2025 @ 4:27 pm By Omar Faridi  |  

Infinant, a bank platform provider, announced it has raised $15 million through a Series A funding round, which was reportedly led by FINTOP Capital and partner JAM FINTOP BankTech, along with contributions from Raido Capital Partners, Woodforest Financial Group, and Bankers Helping Bankers. Infinant claims… Read More

December 24, 2024 @ 5:26 pm By Michael Wong  |  

Brooklyn Artificial Intelligence Research (Brooklyn) has finalized a strategic funding round led by Atypical Ventures, with backing from S&P Global Ventures, the CEO of the Hantz Group, and several asset and wealth management executives, according to an announcement. The company plans to use this new… Read More

December 23, 2024 @ 8:35 am By Omar Faridi  |  

Lens, the blockchain L2 network empowering decentralized consumer experiences, closed a $31 million round led by Lightspeed Faction. Additional participants in the investment round reportedly include the following: Alchemy, Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Stellarcore, Superscript, Re7, and Wintermute Ventures, as well… Read More

December 17, 2024 @ 5:48 pm By Omar Faridi  |  

FinCrime Dynamics reports that it secured seed funding to improve financial crime prevention processes with AI and synthetic data. More than 3 million cases of fraud are reported in the UK every year, shockingly it accounts for “nearly 40% of all reported crime.” To tackle… Read More