Tagged: investment round

July 6, 2022 @ 7:35 pm By Omar Faridi  |  

Tesorio, an accounts receivable management platform, has announced a $17 million Series B round led by BAMCAP Ventures, a VC group formed by “accomplished” company builders and investors. The investment round includes contributions from existing investors Madrona Venture Group, First Round Capital, Floodgate, FundersClub, Hillsven,… Read More

July 6, 2022 @ 11:17 am By Omar Faridi  |  

BKN301 – a Fintech creating payment services and Banking-as-a-Service (BaaS) solutions – has acquired €15 million via its Series A round. This, after finalizing the first seed round a few months back. The investment round includes key investors and brings the firm’s valuation to €63… Read More

July 6, 2022 @ 8:43 am By Omar Faridi  |  

WiseWorks AI, the communications intelligence platform, has acquired a $1.2 million investment in order to develop a comprehensive solution for financial institutions to analyze surging virtual communications for compliance and to automate routine tasks. The oversubscribed investment round has been led by Veridian Ventures, with… Read More

July 5, 2022 @ 6:20 pm By Omar Faridi  |  

Binance Labs, the VC division and accelerator of Binance, and Republic co-led the seed funding round of Magic Square, the first “community-driven” Web3 multi-chain crypto app store. Magic Square provides Web3 solutions “to make crypto more accessible for all.” Users can discover and experience various… Read More

July 5, 2022 @ 2:11 pm By Omar Faridi  |  

PolySign, Inc., a financial tech company providing blockchain-enabled digital asset infrastructure for institutional investors, recently announced the close of its $53 million Series C round with participation by Cowen Digital, Brevan Howard, GSR and others. Beyond the funding, PolySign also “secured a $25 million credit… Read More

July 4, 2022 @ 1:24 am By Omar Faridi  |  

Flowdesk announced that it has secured $30 million in funding from investors such as Eurazeo, Aglaé Ventures, ISAI, Speedinvest, Fabric.vc, Ledger, and Coinbase, and 20 “well-known” business angels, including Alexandre Prot (Qonto), Nicolas Julia (Sorare), Pascal Gauthier (Ledger) and Sébastien Borget (The Sandbox). Established in… Read More

July 3, 2022 @ 9:17 pm By Omar Faridi  |  

echo3D, a Cloud platform that streamlines the way 3D, AR, and VR content is stored and streamed, has secured an investment of $5.5 million led by Qualcomm Ventures, with participation from Remagine Ventures, Konvoy Ventures, and Space Capital LP. The announcement comes on the heels… Read More

July 3, 2022 @ 12:39 pm By Omar Faridi  |  

Stake, which offers Cash Back and banking services to renters, announced the completion of its $12 million Series A round. With Stake, renters earn Cash Back when they “take positive actions, like signing a lease and paying rent.” Owners save money “with every renter action.”… Read More

July 3, 2022 @ 11:17 am By Omar Faridi  |  

GetVantage, India’s revenue-based financing Fintech & growth platform for SMEs, has raised $36 million in growth funding led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, and returning investors Chiratae Ventures and Dream Incubator Japan. Other new investors who participated in this investment round “include… Read More

July 2, 2022 @ 2:27 pm By Omar Faridi  |  

Proptech startup Properti has successfully closed a second seed financing round of 6 million Swiss francs. With the fresh capital, Properti is accelerating its growth in Switzerland and “further expanding its proprietary tech platform.” In addition to lead investor Serpentine Ventures, the startup also “convinced… Read More

July 1, 2022 @ 8:29 am By Omar Faridi  |  

Following a “successful” inaugural tax season, April Tax Solutions Inc., a personal income tax platform that embeds into digital financial apps, announced that it has raised $30 million in a Series A round. The Fintech startup has “gained the attention of unicorn founders and leaders… Read More

June 30, 2022 @ 8:19 am By Omar Faridi  |  

Debt resolution tech company Ophelos has acquired £5 million in capital via a seed funding round that was reportedy led by AlbionVC. Vast Ventures, Form Ventures, Connect Ventures and Fly Ventures and angels including GoCardless co-founder Matt Robinson and Funding Circle co-founder James Meekings also… Read More

June 29, 2022 @ 3:49 pm By Omar Faridi  |  

peaq, the Web3 network powering the Economy of Things (EoT), has raised $6 million in its latest funding round, which was led by Fundamental Labs. The funding will “support the ongoing expansion of the peaq network, which empowers individuals and organizations to build, govern, and… Read More

June 28, 2022 @ 4:52 pm By Omar Faridi  |  

Metaphysiks, a “groundbreaking” immersive technology company combining neuroscience and robotics to create “multisensory” experiences, has announced the completion of its seed funding “to support their advancements in life-like bodily stimulation.” Metaphysiks will contribute “to humanizing the Metaverse, bringing physical and emotional engagement into the digital… Read More

June 28, 2022 @ 4:00 pm By Omar Faridi  |  

SithSwap, a “next-generation” automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round “led by Lemniscap, with participation from Big Brain Holdings, GSR, DWeb3 Capital, Ghaf Capital Partners, as well as angel investors Anthony… Read More

June 26, 2022 @ 8:07 pm By Omar Faridi  |  

ESG Book, which focuses on sustainability data and technology, has announced that it closed $35 million in Series B funding. The new capital will be used “to advance ESG Book’s next-generation technology capabilities, enabling clients to meet increasingly complex sustainability requirements, and accelerate the company’s… Read More

June 25, 2022 @ 11:17 am By Omar Faridi  |  

The Hokodo team is pleased to announce a Series B fundraise of $40 million that will help them to fulfil their ambition of “enabling 1 million businesses to access a better way to pay by 2025.” As businesses continue to feel the economic impact of… Read More

June 24, 2022 @ 1:17 pm By Omar Faridi  |  

Global Fintech SumUp, the financial partner for over 4 million small businesses worldwide, has raised a €590 million funding round that gives the company “an enterprise value of €8 billion following a decade of rapid growth and global expansion.” The investment round was led by… Read More

June 22, 2022 @ 8:01 am By Omar Faridi  |  

UK’s AI-enhanced personal finance chatbot Cleo has achieved a $500 million valuation following an $80 million round, according to an update shared by Sky News. The investment round, which has been announced around 18 months after a $44 million fundraise by Cleo, was joined by… Read More

June 22, 2022 @ 1:15 am By Omar Faridi  |  

Formance, a French Fintech firm that provides businesses with a low-code template for tracking payment flows in real-time, has secured $3.1 million in capital from Hoxton Ventures, Frst, Y Combinator and several business angels. Established last year by Clément Salaün and Anne-Sybille Pradelles, Fomance provides… Read More