Tagged: investment round

Supply Chain Finance Firm Finverity Finalizes $5M in Equity Funding as Revenues Grow Steadily

Finverity, the digital ecosystem for trade and supply chain finance, announces it has raised $5 million in an equity funding round from new and current investors. New investors reportedly “include London-based Fintech specialist Outward, Amsterdam-based Acrobator Ventures and US-based s16vc founders fund with follow-on investments… Read More

Digital Lending Platform Presta Raises $3.3M via Round Led by Distributed Ventures

Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch after raising $3.3 million in oversubscribed pre-seed fundraise. Led by Distributed Ventures with additional investment from Zeal Capital Partners, Matchstick Ventures, The Fund, Tech Stars, and Jumpstart Ventures,… Read More

Fintech Firm FinGoal Secures New Investment, Increases Focus on Personalization In Banking

FinGoal, an insights platform focused on personalization in banking, announced the closing of an investment round led by Naples Technology Ventures. Personalization, particularly in the financial industry, “is more important than ever as institutions seek to do more with the customers they already have.” FinGoal’s… Read More

Insurtech: Kin, the Home Insurance Firm, Upsizes Series D to $109M

Kin, the direct-to-consumer home insurance company built for every new normal, announced that it recently “conducted a third close, an incremental $15 million, to its Series D round in Q4 2022.” The investment round contributions reportedly came “from Geodesic Capital, QED Investors, and additional investors,… Read More

Berlin-based Fintech Raisin Announces €60M Series E

The Berlin-based Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently “exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the… Read More

Financial Wellness Products Provider Rain Closes New Funding Round

Rain, a provider of financial wellness products that empower and engage employees, announced that it “raised $116 million, encompassing $66 million in equity and $50M in debt.” QED Investors and Invus Opportunities “led the Series A with participation from firms including WndrCo, Tribe Capital, and… Read More

Spanish Fintech ID Finance Finalizes €30M Equity Round

ID Finance has announced a €30M investment “led by a leading UK-based asset manager, Kingsway Capital.” The transaction “has been officially endorsed by the Spanish Council of Ministers, after obtaining a favorable review from the External Investment Board, thus officially becoming the biggest investment inflow… Read More

Fintech Firm Credable Secures Funding to Enhance Virtual Banking Services

Virtual banking platform Credable aims to expand operations to new markets after acquiring $2.5 million in funding. The seed funding round, which was first reported by TechCrunch, should help the firm with further expanding its products and services. These reportedly include various banking products for… Read More

APEXX Global Secures $25M to Expand North America Operations, Improve Payments Platform

APEXX Global, the global payments orchestration platform, has raised $25m from existing and new investors, closing its Series B round. The funds from the investment round will be used “to develop APEXX’s products and technology and to expand its presence in North America.” APEXX raised… Read More

Fundpath Completes £4M Round with Growth Capital Partner Fuel Ventures

Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, confirmed the completion of a £4m late seed funding round with growth capital partner Fuel Ventures. Launched in 2021, intelligent data-driven SaaS platform Fundpath, is transforming the traditional sales… Read More

Indian Fintech Platform PhonePe Secures Additional $200M in Funding from Walmart

PhonePe, one of India’s largest Fintech platforms, announced it has raised an additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion. This new funding reportedly comes as “a part of PhonePe’s ongoing fundraise of up to $1 billion in… Read More

Digital Banking: Ibanera Secures $18M at Discounted Valuation

Ibanera‘s shareholders on recently finalized an $18.5 million funding round. The shareholders in Ibanera, a digital banking and payments company with a focus on embedded payments for Web3 platforms closed an $18.5 million investment round “for themselves to enable them to keep supporting Ibanera’s business… Read More

Web 3.0 Development: Tim Draper Leads Investment Round for EtherMail, the Web3 Email Provider

EtherMail, the Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has successfully “raised $4 million USD in a pre-Series A funding round led by Tim Draper and Draper Associates, a global venture capital firm investing in industry transforming companies.” The investment… Read More

Fintech Monnai Secures $6.5M to Support Goal of Becoming Source of Truth for Financial Tech Decision-Making

Driven by strong market momentum and customer traction, Monnai, provider of the world’s first global consumer insights infrastructure for financial institutions, announced a $6.5 million Series A funding round led by Tiger Global. Better Tomorrow Ventures, which “led the company’s seed round six months earlier,… Read More

Fintech Candidly Raises $20.5M to Help People Repay Student Debt, Build Savings

Candidly, which claims to be the market’s most comprehensive student debt and savings optimization platform, announced it raised $20.5M in a Series B round of financing, led by Altos Ventures, with follow-on participation from Cercano Management. The Series B investment round reportedly “follows a year… Read More

São Paulo’s B2B Payments Fintech Barte Finalizes $3M Seed Round

Six months after its pre-seed, B2B payments platform Barte has raised a $3m seed round, bringing total funding to date to over $4 million. The Brazilian fintech will use the money raised from the investment round “to establish itself as the premium B2B payments platform… Read More

Cybersecurity: trackd to Bring New Approach to Vulnerability Remediation to Enterprise Security Market

trackd, the cybersecurity start-up automating vulnerability remediation without the fear of disruption, announced that it is emerging from stealth-mode behind $3.35MM in seed funding, and will bring its approach to the cybersecurity community in 2023. trackd’s unified vulnerability and patch management platform “leverages the collective… Read More

NAB Ventures Leads $30M Round in Payments Software Fintech DataMesh

NAB Ventures has led a $30 million Series A round in payments software and data analytics business, DataMesh Group, and is partnering with DataMesh “to help transform the point-of-sale user experience for NAB business customers.” Joining the investment round are new investors Deutsche Bank and… Read More

Artificial Intelligence: Robin AI Secures $10.5M to Scale ‘Lawyer-in-the-Loop’ Model

The team at Robin Ai are pleased to announce that they have secured $10.5m in our Series A funding round. This capital from the investment round will be ‘used to accelerate and scale their mission to change the way the legal industry works by using… Read More

Fintech Pagos Secures $34M to Expand Vital Cost, Revenue-Impacting Payment Intelligence

Pagos, a payment intelligence company that empowers businesses to optimize their digital payment infrastructure and maximize revenue, lower payments costs, and reduce fraud,  announced an oversubscribed $34 million Series A investment led by Arbor Ventures, a global fintech-focused venture firm. Additional participating investors “include Point… Read More