Tagged: funding

Steven, an App Tracking Costs Shared between Friends, Raises €680,390 via Crowdcube

Steven, which keeps track of costs shared between friends and family, and are on a mission be the “number 1 solution” for controlling your personal finances in Sweden and in their target markets, has secured 114% (€685,470) of its €600,000 target (at the time of… Read More

Yieldstreet, Wonder Group Partnership to Provide Access to Series B Funding Investment

Yieldstreet, a digital alternative investment platform, has teamed up with Wonder Group, a company founded by serial entrepreneur Marc Lore that is “redefining at-home dining and food delivery, to provide an opportunity to invest in the startup’s Series B funding round.” Yieldstreet members can now… Read More

UK’s Funding Circle and Waterfall Asset Management Launch £1B Lending Partnership

The partnership will leverage the platform’s machine learning capabilities “to deploy new funding to UK small businesses over a two-year period.” Funding Circle, which claims to be the UK’s largest small business loan platform, and Waterfall, an institutional asset manager, recently announced their lending partnership… Read More

Percent’s Corporate Loans to Provide Access to Venture Debt for Early-Stage VC-Backed Startups

Percent, the platform powering the “future” of private markets, recently announced the launch of Corporate Loans, which offers VC-backed startups “a fast and seamless way to tap minimally-dilutive venture debt financing options – amid a slowing pace in growth-stage VC equity rounds.” Via its proprietary… Read More

Working Capital Fintech C2FO Surpasses $200B Funding Milestone, Providing “Low-Cost” Capital to Businesses Globally

C2FO, which claims to be the “largest” global platform for working capital, recently announced that it has “surpassed $200 billion in cumulative funding provided to its customers around the world.” As noted in an update shared with CI, this record funding amount “reflects invoices that… Read More

Crypto Platform FalconX Raises $210 Million in Series C From Altimeter, B Capital

FalconX, a one-stop shop for institutional cryptocurrency market participants, has raised a $210 million Series C financing round led by Altimeter Capital. The new funding round valued the platform at $3.75 billion and saw Sapphire Ventures and existing investors B Capital Group, Tiger Global Management,… Read More

Australian startup Fresh Equities Raises $2.3 Million from Archangel Ventures

Investment technology startup Fresh Equities (Fresh) has raised $2.3 million in a deal led by Archangel Ventures. A Fintech founders syndicate of Wisr, Synthetix, and Zip Co Limited also participated in the round. Following the funding, Wisr CEO Anthony Nantes will join Fresh as an… Read More

Facebook Founder Saverin Turns India’s CoinDCX into its First Crypto Unicorn

Even as India continues to debate the legality of crypto, CoinDCX has turned into the country’s first crypto unicorn following a $90 million funding round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group. Existing investors, Coinbase Ventures, Polychain Capital, Block.one, and Jump… Read More

Teen Fintech Pencilton raises $330K pre-seed from Neobank Jupiter and others|

Pencilton, a teen-focused fintech startup, has raised $330K in a pre-seed round led by neobank Jupiter, or Amica Financial Technologies Pvt. Ltd. Several successful founders such as Nilesh Patel, Prashant Singh (Founders of LeadSquared), Ashish Sharma (MD, Innoven Capital), Abhishek Goyal (Founder of Tracxn), Himanshu… Read More

Brazil’s Nubank pumps in $45 mn in yet-to-be-launched neobank Jupiter

Brazil-based Nubank has led a $45 million Series B funding round in yet-to-be-launched Indian neobank Jupiter. Global Founders Capital, Matrix Partners, and Sequoia Capital also participated in the round along with existing investors Addition Ventures, Tanglin VC, 3one4 Capital, Greyhound, and Beenext. Founded by Jitendra… Read More

Indian fintech BharatPe to raise $175 mn debt, offers super-bikes to new hires

Indian fintech BharatPe plans to raise around USD 175 million or INR 1,300 crore in debt, according to a news report by Entrackr. Founded in 2018 by Ashneer Grover and Shashvat Nakrani, BharatPe is a merchant-payments and lending solutions provider. Since its inception, the company… Read More

PensionTech pinBox Raises Seed Funding to Provide Micro-Pension for Needy

pinBox, a global PensionTech working towards providing digital micro-pension and social security inclusion, has raised $ 1 million in funding from Venture Catalysts (Vcats), an integrated incubator, along with accelerator fund 9unicorns. Founded in 2016 by industry veterans Parul Seth Khanna and Gautam Bhardwaj, pinBox… Read More

Revenue-based Finance Firm Capchase Raises $280 Million From i80 Group

Over the last few months, platforms that have been providing non-dilutive financing or revenue-based financing are attracting several large venture capital firms globally. One such platform is US-based fintech Capchase that has raised $280 million in debt and equity funding from i80 Group. The Spanish-American… Read More

NFT Auction Marketplace OpenSea is Valued at $1.5 Billion After Fresh Funding

NFT auction marketplace OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report. The startup, which raised $23 million in Series… Read More

Education Loans Facilitator Credenc Receives $25 Million from Capital India

Capital India, a financial conglomerate, has invested USD 25 million in a mix of equity & debt in Credenc, a fintech-focused on education loans. With this investment, Credenc is looking to build a loan book of $400 million by 2025.  The New Delhi-based Credenc, founded… Read More

Insurtech Inshur Raises Undisclosed Series B funding from JVP, Others

Global insurance technology company Inshur has raised an undisclosed Series B round led by JVP. Existing investors Viola Fintech, and MTech Capital also participated in this round. With the fresh funding, the company has raised $35M (approx €29.55 million) in total so far. The company intends to… Read More

Credit underwriter Zest AI raises $18 million from lender VyStar Credit, others

Tech-based credit underwriter Zest AI has raised around $18 million in a round led by mortgage lender VyStar Credit Union, First National Bank of Omaha, and Northgate Capital. Zest, a leader in artificial intelligence, would use the funds to accelerate the adoption of its existing… Read More

Fund Manager Chrysalis to pick up £75 Million Stake in Smart Pension: Report

The London-based leading fund manager Chrysalis Investments has reportedly picked up a £75 million stake in Smart, a retirement savings platform. As per a report by Sky News, Chrysalis will announce the funding on Monday.  Chrysallis has backed fintech companies such as Klarna, Starling Bank,… 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

Debt Recovery Platform Ophelos Raises $2.3 Million from Connect Ventures, Fly Ventures

UK-based debt collection startup  Ophelos has raised $2.3 million pre-seed investment in a round co-led by Connect Ventures and Fly Ventures. It will The startup plans to use the funds to strengthen its customer-centric debt management platform, growing the engineering and customer operations teams. Founded… Read More

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