Tagged: funding

F10 Announces Newly Established Investment Unit to Provide Funding For Selected Startups Graduating From Incubation Program

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday the launch of its new investment unit, F10 Investment AG. According to F10, the unit’s founding investors are F10 FinTech Incubator & Accelerator and the F10 Corporate Partners SIX Group as well as the… Read More

Australian Neobank Xinja Is Working on Finalizing $433 Million Investment Deal from Dubai’s World Investment Group

Australian neo-bank Xinja recently noted that it’s working cooperatively with Dubai’s World Investment Group (WIG) in order to close the $433 million investment deal that was announced in March 2020. At present, the bank is working with auditors so that they can address concerns regarding… Read More

AccessFintech Raises $20 Million Through Series B Funding Round Led By Dawn Capital

UK-based fintech AccessFintech recently announced it secured $20 million through its Series B investment round, which was led by Dawn Capital, with participation from J.P. Morgan, Citi, Goldman Sachs, and Deutsche Bank. The round brings AccessFintech’s total capital raised to date to $37 million since… Read More

U.S. API Platform Bloom Credit Secures $13 Million Through Latest Funding Round Led By Allegis NL

Bloom Credit,  a U.S.-based API platform company that helps businesses integrate with credit bureaus for access to scores, monitoring, and furnishment products, today announced it has raised $13 million through its latest investment round, which was led by Allegis NL, with participation from Resolute Ventures, Slow Ventures, and Commerce… Read More

The Impact of Covid-19 on UK Fintech and the Gaping Funding Gap

Between June 2nd – 14th 2020, Innovate Finance, Tech Nation, and the Fintech National jointly distributed a 14-question online, anonymous survey. With particular regard to funding and investment, the purpose of the survey was to collate and analyse data on how the UK Fintech Sector… Read More

Japan-Based Financial App Kyash Secures $45 Million Through Series C Funding Round Co-Led By Greenspring Associates & Goodwater Capital

Kyash, a Japanese financial app, announced on Tuesday it secured $45 million through Series C funding round, which was co-led by Greenspring Associates and Goodwater Capital with participation from Altos Ventures, Partech Partners, Broadhaven Ventures, Tekton Ventures, and Rahul Mehta, Managing Partner of DST Global…. Read More

Royal Bank of Scotland Announces £1 Billion Female Entrepreneurship Funding

Royal Bank of Scotland recently announced its new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow. The banking group revealed it is setting a target to support and inspire 500K people to consider starting a business,… Read More

Cloud-Based Enterprise Technology & Capital Markets Software Solutions Vendor Beacon Platform Secures $20 Million Through Series B Funding Round Led By Centana Growth Partners

Beacon Platform, a cloud-based enterprise technology and capital markets software solution vendor, announced on Thursday it secured $20 million through its Series B funding round, which was led by Centana Growth Partners, with participation from existing investors, PIMCO and Global Atlantic. Founded in 2014, Beacon… Read More

Global Investment Firm KKR Closes $2.2 Billion Next Generation Technology Fund II

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KKR, a global investment firm that manages multiple alternative asset classes, announced on Wednesday it has officially closed its $2.2 billion KKR Next Generation Technology Growth Fund II. The Fund is notably dedicated to growth equity investment opportunities in the technology space in North America,… Read More

GoCardless Secures $75 Million Through Series E Investment Round; Seeks To Open Access to Global Bank Debit Network

UK-based payments platform GoCardless announced on Monday it secured $75 million through its Series D investment round, which was led by new investors Adams Street Partners, GV (formerly Google Ventures) and Salesforce Ventures, as well as existing investors: Accel, Balderton Capital, Notion Capital, and Passion Capital…. Read More

Online Lending Platform CrowdOut Capital Secures $2.5 Million Through Latest Funding Round

Private lending syndication platform CrowdOut Capital announced on Thursday it secured $2.5 million in growth capital through its latest funding round, which was led by co-founder and CEO, Alexander Schoenbaum, and other members of CrowdOut’s investor network for debt offerings. As previously reported, CrowdOut was founded in 2015… Read More

Insurtech Startup Kin Insurance Secures $13 Million Through Latest Funding Round

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U.S. insurtech startup Kin Insurance announced earlier this week it secured $13 million through its latest round of funding. The company reported the funds will go towards its mission to help protect homeowners nationwide. Founded in 2017, Kin describes itself as a home insurance startup… Read More

NatWest Surpasses Sustainable Energy Target By Providing £3.5 Billion of Lending to UK Renewable Energy & Energy Efficiency Projects

NatWest announced this week it has beaten its sustainable energy funding target, providing £3.5 billion of lending to UK renewable energy and energy efficiency projects over the past three years. The bank reported it set a three-year target of £3 billion in 2015 and is now committed to… Read More

German Fintech FinLeap Captures €39 Million Through Funding Round Led By SBI Group, NIBC, & Hannover Re

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, has reportedly secured €39 million through its latest round of funding, which was led by SBI Group, NIBC, and Hannover Re. This news comes just one month after the company raised €21 million in equity capital to support its fintech incubation… Read More

Hong Kong Fintech CompareAsia Group Adds to List of Impressive Investors

The Hong Kong Fintech startup CompareAsia Group has recently completed a $50 million round of funding, led by World Bank’s lending group the International Finance Corp (IFC). CompareAsia Group has already stimulated some excitement in the past, attracting the Goldman Sachs Investment Partners and Ace… Read More

Operating System for Wealth Managers Addepar Raises $140 Million

Last week it was announced that fintech wealth management platform Addepar had raised $140 million in its Series D round of funding. The funding round was led by Valor Equity Partners, 8VC and investment manager Harald McPike. Operating System for Wealth Managers Based in Mountain… Read More

London Fintech Meniga Raises €7.5 million

Earlier this week, Fintech firm Meniga raised €7.5 million in investments for their digital banking platform. This money was invested, or rather reinvested, primarily by Nordic venture capitalists. Leading this round of funding was Industrifonden, a venture capital firm based in Norway. They were joined by… Read More

Temenos Claims Collaboration Between Banks and Fintech Key to Survival

New financial regulations, including the EU’s Second Payment Services Directive and their open architecture framework that forces banks to share transaction data, may force banks and Fintechs to fight for customer loyalty. Compromises must be made between the competitors. However, according to the banking and… Read More

CSI Kick Start: Now Accepting Applications For Second Annual Fintech Startup Funding

CSI Kick Start, Inc., a fintech startup incubator founded by global payments innovator, CSI globalVCard, announced on Thursday its second annual application process for fintech startup funding is now open. The incubator stated it would be offering portfolio companies investments starting at $500,000, along with mentorship… Read More

Seedrs Reveals 10 Reasons Why Some Investors Are Not Engaged With Particular Campaigns

While it seems as though some investors have learned to embrace crowdfunding, it seems others have developed reservations when it comes to using the funding method. On Wednesday, equity crowdfunding platform Seedrs revealed 10 particular reasons why investors don’t give funds to certain campaigns. The… Read More

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