Tagged: funding round

February 14, 2024 @ 5:55 pm By Omar Faridi  |  

Sibli (formerly Responsibi), a company that aims to change the investment research process using AI [artificial intelligence], has announced a $4.5millio Seed round led by Staircase Ventures, a firm overseen by Janet Bannister. The deal included participation by The Group Ventures, Burst Capital, MaRS IAF,… Read More

February 11, 2024 @ 10:28 pm By Omar Faridi  |  

Pennylane has reportedly raised €40M from Sequoia Capital and other investors, reflecting steady growth over the past two years. The company is also reporting a significant increase in the number of VSE-SMEs on its platform in 24 months thanks to the adoption of the tool… Read More

February 7, 2024 @ 11:25 pm By Omar Faridi  |  

Tuum has reportedly secured a € 25m Series B investment, spearheaded by CommerzVentures and “bolstered by Speedinvest, along with the continued support of our existing investors.” Tuum‘s said the funding round underpinned their “dedication to spearhead a banking revolution with agile, expansive solutions.” Tuum has… Read More

February 6, 2024 @ 9:01 am By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, has announced its investment in Oobit, a mobile payment application. The Series A investment round has concluded “with $25 million raised for Oobit’s ongoing development, supporting its goal of mainstream cryptocurrency adoption.” This… Read More

January 30, 2024 @ 7:33 am By Omar Faridi  |  

Portal, a Fintech pursuing “financial self-sovereignty” with technology to access Bitcoin and other cryptocurrency markets, announced it has exited stealth mode and raised $34 million in seed funding. Investors that participated in the round “include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, as well… Read More

January 26, 2024 @ 4:02 pm By Omar Faridi  |  

Marstone, Inc., a digital investment and wealth planning firm, today announced it has raised an $8M Series B financing round led by Mendon Venture Partners and South Rose Capital, alongside new investors including the Castle Creek Launchpad Fund. The round also reportedly “includes existing investor… Read More

January 26, 2024 @ 11:09 am By Omar Faridi  |  

Axyon AI, an Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by The Techshop SGR, alongside other angel investors. The investment round marks a new chapter in Axyon AI’s journey “towards revolutionising… Read More

January 17, 2024 @ 9:16 pm By Omar Faridi  |  

HashKey Group, a digital asset financial services group in Asia, announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion. In addition to the participation and commitment of existing shareholders, this financing round attracted new… Read More

December 13, 2023 @ 2:46 pm By Omar Faridi  |  

Citi (NYSE: C) has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that “enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import… Read More

December 11, 2023 @ 1:07 pm By Omar Faridi  |  

GFO-X announces that M&G Investments has led a $30 million Series B funding round for the company and will join the Board of Global Futures and Options Holdings. The investment will fund GFO-X through its forthcoming launch and “support future innovation in the regulated digital… Read More

November 14, 2023 @ 11:38 pm By Omar Faridi  |  

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

November 13, 2023 @ 10:59 pm By Omar Faridi  |  

EduFi has launched the digital student loan platform in Pakistan, on a mission “to empower more students to achieve their academic pursuits.” Education is a lever of economic growth and social development “in any country but poor quality state school provision often drives many families… Read More

November 9, 2023 @ 4:21 pm By Omar Faridi  |  

Moflix Group, a telecommunications industry pioneer providing next-generation digital solutions, announced that it has raised a $3.1 million seed funding round with the participation from The Hashgraph Association (THA) – the Swiss-based non-profit organization accelerating the adoption of the Hedera network globally, “alongside other strategic… Read More

November 8, 2023 @ 5:18 pm By Omar Faridi  |  

Volante Technologies, the firm focused on cloud payments modernization, announced that it has secured $66 million in debt and equity financing in an investment round “led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and… Read More

November 8, 2023 @ 5:16 pm By Omar Faridi  |  

Black Ore, an AI platform for financial services, launched today and announced $60 million in financing led by a16z and Oak HC/FT. The company plans to use the funds from the investment round to onboard new customers, “grow its team, and accelerate the development of… Read More

November 1, 2023 @ 8:37 am By Omar Faridi  |  

Shield AI, the defense technology company building the AI pilot for aircraft, today announced it has raised $200 million in Series F funding in an oversubscribed funding round. This latest investment round, “led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with… Read More

October 25, 2023 @ 9:48 pm By Omar Faridi  |  

Prism Data, a cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This investment round was reportedly “led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital.” Prism’s new funding follows “a… Read More

October 24, 2023 @ 10:05 pm By Omar Faridi  |  

Creditly Corp., dba Credit Genie, a digital personal finance platform that has served more than one million Americans, announced the successful completion of an additional funding round, securing $10 million in capital, “bringing its total financing to $21 million.” The funding via the investment round… Read More

October 22, 2023 @ 9:47 am By Omar Faridi  |  

Finzly, a provider of payments infrastructure for financial institutions, announced that it has closed a Series A funding round of $10M with TZP Growth Equity. The funding from the investment round will be used to accelerate Finzly’s expansion “as it continues to meet the growing… Read More

October 21, 2023 @ 12:40 pm By Omar Faridi  |  

Upland, the web3 Metaverse Super App, announced an extension to its Series A funding, securing an additional $7 million. This recent investment further positions Upland “as one of the most widely-used web3 apps, with over 3 million registered accounts on the EOS blockchain and nearly… Read More