Tagged: funding

British Business Bank Extends ENABLE Funding Facility with Time Finance

The British Business Bank has agreed a facility increase that will provide £29.4m of funding to smaller UK businesses, through an existing ENABLE Funding transaction with independent specialist finance provider, Time Finance. The additional funding brings the total small business funding “available through the facility… Read More

NewRetirement Reportedly Secures $20M via Series A to Boost Access to Financial Planning

NewRetirement, a comprehensive, digital-first financial planning platform for consumers and enterprise partners, announced that it has closed its Series A round with $20 million in funding. The funding round was “led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture… Read More

Mesh, the Embedded Finance Solution for Digital Assets, Receives Investment from PayPal Ventures

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, today announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a key player “in embedded finance and highlights PayPal’s commitment to fostering innovation in the… Read More

Portal, a Financial Self-Sovereignty Solution Provider Enabling Access to Bitcoin, Acquires Funding

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

Masa Network, Builder of Decentralized Data Marketplace, Acquires Funding

Masa Network, builder of the decentralized data marketplace, announced $5.4M in its seed fundraising round led by Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Additional investors reportedly “include Avalanche Blizzard Fund, Digital Currency Group, GoldenTree, OP Crypto, Unshackled… Read More

Singapore: Generative AI Startup Addlly Secures Funding for Expansion

Addlly AI, a Singapore-based Generative AI startup, announced the successful closure of its seed funding round, achieving a valuation cap of S$5 million. The fresh funding will be used for the strategic expansion of the company’s capabilities in AI-driven digital marketing, according to the announcement…. Read More

BillingPlatform Acquires $90M in Growth Equity Investment from FTV Capital

BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, announced a $90 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than 25 years of experience in enterprise technology and services, financial services, and payments and transaction… Read More

Fintech ModernFi Reportedly Secures $18.7M to Bring Tech-Forward Platform to Banks

The ModernFi team is pleased to announce that it has raised an additional $18.7 million in funding to bring its tech-forward platform “to community and regional banks to help them grow, retain, and manage their deposits.” Led by Canapi Ventures, the investment round also “had… Read More

Global Payments Fintech BlinkSky Secures Funding, Shares Key Updates

This past year marked significant milestones for BlinkSky, a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale. Among its most recent accomplishments, BlinkSky raised $1.5M in its initial private round, with investment participation from industry luminaries, “including former c-suite… Read More

Fintech Kashable, a Financial Wellness Service Provider, Announces Series B Round

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, announced a Series B capital raise of $25.6 million. The round was reportedly “co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion… Read More

Majority of UK Startups Self-Finance New Ventures – Research Study

Financing a new business can be one of the biggest hurdles entrepreneurs face, according to an update shared by UK’s Starling Bank. Some 85% of UK startups launched in the last three years “have relied on the founder’s personal capital as the initial source of… Read More

UK’s TDC Secures Additional Commitments for Impact Fund, Unlocking Resources for Small Businesses in the North of England

Private credit investor TDC has secured additional commitments to its Impact Fund, unlocking vital resources for ambitious small businesses in the North of England. The Impact Fund, which focuses “on driving job creation across the North of England, was launched in May 2022 after securing… Read More

UK Fintech Meniga Secures €15M via Series D to Scale Operations and Pivot Towards New Businss Strategy

Meniga, a firm focused on personal finance management solutions, which has delivered work for large banks and financial institutions, announced that it has raised €15 million in Series D funding. The new investment round has “included European banks, Groupe BPCE and Crédito Agrícola, and the… Read More

British Business Bank Introduces £130M Investment Fund for Wales to Help SMBs

The British Business Bank is launching its new £130 million Investment Fund for Wales, unlocking additional funding “to help smaller businesses to prosper and thrive.” The fund will drive sustainable economic growth by “supporting new and growing businesses across the whole of Wales through investment… Read More

Global Fintech Adyen Launches Capital for Australia Platform Clients

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has launched Capital, a product that enables businesses on Adyen for Platforms offer timely access “to funding for their small and medium-sized business (SMB) users in Australia.” Research conducted in partnership with Boston… Read More

UK SME Payments Fintech Crezco Secures $12M, Reveals its Tech Is Enabling New Xero Feature

Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero. Crezco has secured $12m in… Read More

SME Lending Platform Funding Circle Teams Up with UK’s Atom Bank

Funding Circle (LSE: FCH), the UK’s SME lending platform, and Atom bank, the UK’s first app-based bank, announce a new lending partnership that “will provide up to c.£150m of funding to small businesses.” Atom bank is a “long-standing” and returning investor in the Funding Circle… Read More

RegTech Startup Aptus.AI Secures $3.3m in Pre-Series A Funding

RegTech startup Aptus.AI has announced raising €3 million ($3.3 million) in a pre-Series A funding round anchored by Programma 103 under VC P101 Sgr. The investment marks Programma 103’s first foray into the Regtech sector. The round was also backed by additional support from several… Read More

British Business Bank Introduces £70M Investment Fund for Northern Ireland

The British Business Bank launches a new £70million commitment to support smaller businesses from all sectors right across Northern Ireland. The Investment Fund for Northern Ireland (IFNI) aims “to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling businesses… Read More

Almond Fintech Secures $7M to Remove Financial Barriers Globally

Almond Fintech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding from the investment round will aim to help broaden Almond’s rapidly expanding network in Asia, the Americas, while… Read More

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