Tagged: fundraising

September 26, 2021 @ 11:34 pm By Omar Faridi  |  

ekko, the transformative app, debit card and ecosystem which aims to make it “effortless to turn the tide on climate change,” has secured 114% (£342,825) of its £300,000 fundraising target via Seedrs with 18 days left in its sale. Based in London, the company is… Read More

September 25, 2021 @ 7:14 pm By Omar Faridi  |  

Axate, the flexible payment tool that aims to “fix a broken media market,” has secured 103% (or £360,799) of its £350,000 fundraising target via Crowdcube (at the time of writing) from 193 investors. The Axate team explains that users may sign up once, “upload some… Read More

September 7, 2021 @ 10:49 pm By Omar Faridi  |  

Kita Jaga, a digital social mobile app meant for supporting individual consumers and families that may have been affected by the COVID-19 crisis, is planning to secure RM 200,000 (appr. $48,500) via a charity crowdfunding campaign to be conducted on GlobalSadaqah. GlobalSadaqah is an Islamic… Read More

August 9, 2021 @ 8:57 am By Omar Faridi  |  

The researchers and analysts at Pitchbook have released updated reports this month covering the global private debt market and the European private capital market. Following a “resilient” 2020, private debt fundraising has remained on a “steady course” during H1 2021, the update from PitchBook reveals… Read More

August 4, 2021 @ 8:28 am By Omar Faridi  |  

The team at Digital Asset Management reports that it is now live on Crowdcube as the first Gibraltar registered firm to crowdfund. The firm’s management told Crowdfund Insider: “During the first few days of being live in Dam’s community, the company has raised over 1,000,000… Read More

July 1, 2021 @ 5:29 pm By Omar Faridi  |  

Real asset fundraising figures have “lagged recently,” with fundraising during the past 4 quarters reaching its lowest levels since “late 2012,” according to a new report from Pitchbook. As noted in the report from Pitchbook, infrastructure has managed to continue attracting considerable funding, meanwhile, the… Read More

May 3, 2021 @ 8:30 am By Omar Faridi  |  

We recently caught up with Bhavik Vasa, founder and CEO at GetVantage, which is India and Southeast Asia’s first revenue-based financing Fintech platform. Vasa talked about the different challenges entrepreneurs face as they work on developing new products and services. Vasa explained how GetVantage‘s unique… Read More

April 26, 2021 @ 12:00 pm By Omar Faridi  |  

PlasmaFinance has shared the details of SpacePort, its IDO launchpad for emerging crypto-related initiatives. Unlike other token launchpads, SpacePort claims it’s “fully decentralized” with “no central points of control.” As mentioned in a release shared with CI: “A flexible token launch platform, SpacePort empowers startups… Read More

March 26, 2021 @ 1:42 pm By Samantha Hurst  |  

    Global crowdfunding platform GoFundMe has teamed up with Stripe. Stripe reported that through the partnership, it is deploying its technology to ensure those in need are able to receive donations from those able to support quickly and efficiently. Stripe further revealed it will help… Read More

August 15, 2020 @ 12:43 pm By Omar Faridi  |  

Greek payments firm Viva Wallet is reportedly planning to secure €500 million in capital to support its virtual banking business, according to Reuters which cited two sources familiar with the matter. As reported, Viva Wallet officially acquired the banking license of Praxia Bank after the… Read More

July 22, 2020 @ 11:45 pm By Omar Faridi  |  

During the past few years, initial coin offerings (ICOs) and initial exchange offerings (IEOs) have raised billions of dollars in funding for various so-called “decentralized” blockchain initiatives. Most of these projects have been scams or have just been really bad ideas that never really materialized…. Read More

July 16, 2020 @ 7:38 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it reached its extended fundraising goal of $17,000,000 in partnership with BnkToTheFuture. According to Celsius Network, more than 700 qualified investors from all over the world have already participated in the round since June…. Read More

May 23, 2020 @ 1:05 pm By Omar Faridi  |  

New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More

March 12, 2020 @ 10:12 pm By Samantha Hurst  |  

KoreConX announced on Thursday the launch of the Direct Issuance Platform for use by companies for their capital raising around the world. The company reported that the platform provides companies an end to end solution to allow them to offer their securities to investors with… Read More

December 30, 2019 @ 7:32 am By Omar Faridi  |  

Digital bank Monzo is reportedly holding discussions with various large investors about potentially raising additional funds. Following its upcoming investment round, the company might become one of the UK’s largest Fintech startups. According to sources on the matter, Monzo is in talks with investors, some… Read More

December 22, 2019 @ 5:01 pm By Omar Faridi  |  

Fintech startups Spendesk, Wynd, and Lunchr conducted some of the largest fundraising rounds in France in 2019. A study by “Observatoire de la Fintech” reveals that these financial technology companies secured a total of $700 million (appr. €625 million) in capital. Mikaël Ptachek, head of… Read More

October 30, 2019 @ 10:22 am By Omar Faridi  |  

Turing Intelligence Technology (TurinTech.ai), a research and innovation-driven artificial intelligence (AI) firm that focuses on automatic optimizations, has raised over £1 million through a seed funding round. Currently based in Cambridge, TurinTech.ai was established by four researchers at University College London (UCL). A resident at… Read More

June 26, 2018 @ 4:38 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform Pledge It announced it was introducing 0% platform fees for all campaign organizers. The funding portal reported that it will no longer charge a platform fee based on the amount raised by a campaign and instead of charging organizers a fee,… Read More

June 21, 2018 @ 9:30 am By Samantha Hurst  |  

On Wednesday, global crowdfunding platform GoFundMe announced its GoFundMe Team Fundraising, which is described as a new product providing groups of any size with the ability to collaborate and fundraise together for a personal or charitable cause. According to GoFundme, this new product brings the funding… Read More

May 2, 2017 @ 2:17 am By Jonathan Nieh  |  

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More