Tagged: index ventures

Fonoa Secures $60M in Funding to Expand Global Tax Solutions

Fonoa have raised $60 million in order to expand their global tax solutions. Investors in the Series B investment round led by Coatue “include Dawn Capital, Index Ventures, OMERS Ventures, FJ Labs, Moving Capital.” The funding, which comes just six months after a $20m Series… Read More

Tallinn based Montonio Secures €11M to Enhance Payment, Post-checkout Experiences

Montonio, which claims to be the all-in-one platform for online merchants to accept payments, provide financing and handle the entire post-checkout experience from shipping to returns and refunds, has secured €11 million in a Series A funding round led by Index Ventures. The firm has… Read More

Resistant AI Partners with ComplyAdvantage Amid New International Sanctions

To properly address the stricter compliance rules resulting from extended sanctions and resulting increase in money laundering activity, ComplyAdvantage, an international data firm providing embedded counter risk intelligence to find, mitigate and stop financial crimes and Resistant AI, an AI and machine learning company providing… Read More

Insurtech Ascend Closes on $30 Million Funding Round

Ascend has raised a $30 million Series A round while simultaneously gaining a lending commitment of $250 million to finance insurance premium loans via its platform. The lending is being provided by Hudson Structured Capital Management Ltd. – doing its re/insurance business as HSCM Bermuda… Read More

topi Secures $4.5M to Offer B2B Payments Services as Business Trade Shifts Online

topi has acquired $4.5 million in capital via a pre-seed round that has been co-led by Index Ventures and Creandum. Established by Estelle Merle and Charlotte Pallua, the firm is focused on becoming an international enabler of fast and “frictionless” payments for B2B trade. Angel… Read More

Crowdcube Aims to Take Advantage of New European Union Crowdfunding Rules

Crowdcube aims to become the very first platform to operate under new European Union regulations (European Crowdfunding Service Providers or ECSP). Crowdcube, a leading online investment marketplace, will now be “uniquely positioned” to assist even more Europe-based businesses with securing capital while promoting engagement, loyalty,… Read More

French Spend Management Fintech Spendesk Acquires €100M in Capital via Series C led by General Atlantic

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More

API based Business Data Sharing Platform Codat Secures $40M via Series B led by Tiger Global

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Codat, an API-powered platform for business data sharing, has acquired $40 million in capital through a Series B funding round. Codat reports a tripling in annual revenue growth and also a doubling of its employee headcount Codat’s latest Series B investment round has been led… Read More

London Regtech ComplyAdvantage Receives $20M from Goldman Sachs, Part of its $70M Series C Extension

ComplyAdvantage, an AI-enhanced financial crime detection firm, has  extended its Series C funding round to $70 million, with an additional $20 million from Goldman Sachs. ComplyAdvantage‘s  investment has reportedly come on top of the firm’s oversubscribed Series C round that was announced in July of… Read More

Identity Infrastructure Company Persona Secures $50 Million Through Series B Funding Round Led By Index Ventures

  Persona, a U.S.-based identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced on Tuesday it secured $50 million through its Series B funding round, which was led by Index Ventures with participation from Coatue…. Read More

Mark Goldberg, Partner at Index Ventures and Fintech Plaid Investor, Predicts User Data Privacy Will be Major Digital Trend, Digital Banks will be Huge

Mark Goldberg, partner at Index Ventures and an investor in Plaid, Intercom, and Transcend, has shared some interesting predictions around where Fintech might be heading in the next 10 years. 1/ Using the end of year to look ahead — here are 5 predictions around… Read More

Regtech ClauseMatch Plans US Expansion, Signs Up 2 North American Clients

Regtech ClauseMatch is crossing the Atlantic and setting up operations in the US, according to a note from the company. ClauseMatch is a compliance platform that seeks to streamline legal, finance, operations, and risk departments. ClauseMatch reports that it has opened a new office in… Read More

Exclusive: Rebtel CEO Magnus Larsson Discusses Securing $8M Funding for Digital Banking Expansion

The Swedish communications company Rebtel has secured $8 million in financing from its owner company to further expand its ecosystem of resources for “modern migrants,” adding digital banking services to its existing communication / telephony services and on-demand work offerings. Rebtel clarified via email that “the proceeds… Read More

Regtech Startup ClauseMatch Secures $5 Million Through Series A Funding Round Led By Index Ventures

UK-based regtech startup ClauseMatch announced on Monday it secured $5 million through its Series A funding round, which was led by Index Ventures, with participation from Tom Glocer, former CEO of Thomson Reuters, and Cristobal Conde, former CEO of Sungard. Founded in 2012, the company… Read More

Revolut Launches In-App Feature: Buy, Hold & Exchange Cryptocurrencies

Revolut officially launched its cryptocurrency feature, allowing all Revolut customers to buy, hold and exchange cryptocurrencies in-app in seconds, as the innovative fintech platform sticks to its mission and continues to disrupt traditional banking by mainstreaming cryptocurrencies. “We have been amazed by the incredible demand… Read More

Crowdfunding Platform Patreon Secures $60 Million During Series C Funding Round

Earlier this week, crowdfunding platform Patreon announced it raised $60 million during its Series C Funding Round, which was led by Thrive Capital with participation from Index Ventures, CRV, and Freestyle. While sharing details about the funding round, CEO and Co-founder of Patreon, Jack Conte, stated:… Read More

Raisin, A Global Open Banking Forerunner

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More

Digital Challenger Bank Revolut Raises $66 Million in Series B Funding

Revolut has announced a $66 million Series B funding round to fuel an “aggressive expansion across Asia and North America”. The funding was described as a clear demonstration of strength for the UK based digital bank as a clear alternative to more traditional banking providers…. Read More

No Sour Grapes: Online Marketplace Raisin’s €3 Billion+ in Investments

Only three and a half years after its launch as WeltSparen in Germany, Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Raisin secured €60 million in several financing rounds from investors including Index Ventures, Ribbit Capital and Thrive Capital…. Read More

$13.8B for Global Funding for VC-Backed Fintech Firms; Payments, Lending & Blockchain Lead Way

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

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