Tagged: funding

November 3, 2022 @ 5:37 pm By Omar Faridi  |  

InterPrice Technologies, Inc., a treasury capital markets funding platform, announced the closing of its Series A funding. The $7.3 million investment was ‘co-led by Nasdaq Ventures and DRW Venture Capital, with participation from existing investors including Bowery Capital.” InterPrice’s solutions “streamline bond, commercial paper, and… Read More

October 19, 2022 @ 8:14 am By Omar Faridi  |  

Paytrix, an embedded payments company for “high-growth” vertical software platforms, announced that it has secured £5 million of new capital.” The investment round was “led by Hambro Perks, an international investment firm focused on private investing, alongside investment from Bain Capital Ventures, Fin VC, Better… Read More

October 17, 2022 @ 11:17 pm By Omar Faridi  |  

Gritti, the web3 social fitness app building healthier habits through engaged communities and applied game design, is pleased to announce “the closing of $1.7M in seed funding.” Lingfeng Innovation Fund led the investment round along with “thesis-driven” web3 natives Youbi Capital, Bixin Ventures, Orderly Network,… Read More

September 25, 2022 @ 10:56 pm By Omar Faridi  |  

Amid the funding winter, 128 Indian startups have managed to “raise $995.1 million in August 2022, which is a 9.7% growth compared to the previous month,” reveals GlobalData, a data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although the total VC funding… Read More

September 25, 2022 @ 10:43 pm By Omar Faridi  |  

ParallelChain Lab, an enterprise-grade blockchain-as-a-service provider that combines high performance with censorship-resistant characteristics, announced it has secured a $50 million financing commitment from GEM Digital. This token subscription facility is “dedicated to funding ParallelChain’s continuous innovation and ecosystem growth following the launch of its mainnet… Read More

September 17, 2022 @ 4:27 pm By Omar Faridi  |  

The UK happens to be the “top” European market and is also one of the key global markets for venture capital (VC) funding, according to an update from GlobalData. However, it has been “experiencing a subdued funding activity in the recent months with monthly VC… Read More

August 8, 2022 @ 8:58 am By Omar Faridi  |  

In Q2 2022, Fintech companies globally “raised $24.1 billion in venture capital (VC) across 1,103 deals, representing a 17.8% decrease in quarter-over-quarter deal value,” according to a report from Pitchbook. This is “the largest percentage drop in deal value since Q3 2018,” the team at… Read More

August 7, 2022 @ 7:05 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, led the seed funding round of Lifeform, which is described as “a disruptive decentralized visual digital identity (DID) solution provider.” The fund will aim to “empower the next billion Web3 users with decentralized digital citizenship.”… Read More

August 3, 2022 @ 12:38 am By Omar Faridi  |  

BNB Chain recently announced the 27 finalists of the Most Valuable Builder (MVB) Incubation Program, which is an accelerator program that’s co-led by Binance Labs to offer mentorship and funding “to emerging projects built on top of the BNB Chain.” The MVB Incubation Program aims… Read More

July 10, 2022 @ 10:05 am By Omar Faridi  |  

Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced that it has completed a securitization deal with BNP Paribas and M&G Investments, “adding £165 million to its funding structure.” The deal is “an endorsement of Sonovate’s position as a Fintech… Read More

June 21, 2022 @ 3:17 am By Omar Faridi  |  

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

June 20, 2022 @ 6:00 am By Omar Faridi  |  

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

May 23, 2022 @ 1:41 am By Omar Faridi  |  

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

May 19, 2022 @ 10:08 pm By Omar Faridi  |  

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

April 24, 2022 @ 5:03 pm By Omar Faridi  |  

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

August 17, 2021 @ 2:44 am By Priyanka Pani  |  

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

August 13, 2021 @ 11:00 am By Priyanka Pani  |  

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

August 12, 2021 @ 8:27 pm By Priyanka Pani  |  

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

August 6, 2021 @ 6:36 pm By Priyanka Pani  |  

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

August 5, 2021 @ 10:45 am By Priyanka Pani  |  

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