Tagged: investment round

December 3, 2020 @ 8:14 am By Omar Faridi  |  

1inch, a decentralized (or non-custodial) crypto exchange aggregator provider, has finalized a $12 million investment round that was led by Pantera Capital. The 1inch team stated that they’re pleased to confirm the successful closure of their latest round which also included contributions from institutional investors such… Read More

November 29, 2020 @ 9:23 pm By Omar Faridi  |  

Online lender IN Financial through its subsidiary Cash-IN-Asia has secured S$5 million (appr. $3.74 million) in capital via an investment round that was led by Singapore’s VC venture firm DeClout Ventures. IN Financial is a Singapore-headquartered financing platform that’s enhanced by artificial intelligence (AI) and… Read More

November 27, 2020 @ 6:49 pm By Samantha Hurst  |  

Pier, a Brazil-based full-stack insurtech, announced earlier this week it secured $14.5 million through its Series A funding round, which was led by Monashees with participation from Canary, Mercado Livre, and BTG Pactual. Founded in 2018, Pier states it adopts artificial intelligence to bring a… Read More

November 26, 2020 @ 1:21 pm By Omar Faridi  |  

Fintech firm Stripe is reportedly planning an investment round so that its payment platform and business can be valued significantly higher than the $36 billion valuation it received during its last funding round. According to Bloomberg (which cited sources familiar with the matter), Stripe could… Read More

November 25, 2020 @ 8:22 pm By Omar Faridi  |  

Fintech firm Sleek has reportedly acquired $4 million in VC funding in order to develop products for the corporate services sector. Sleek’s investment round was led by SEEDS Capital, the investment division of Enterprise Singapore. Other individuals and organizations also took part in the round… Read More

November 21, 2020 @ 6:35 pm By Omar Faridi  |  

Italian mobile payments firm Satispay has secured €93 million (appr. $110.5 million) in capital from a share sale to several different investors which includes payments company Square (NYSE:SQ), tech giant Tencent (HKG: 0700), LGT Lightstone and TIM Ventures. Satispay’s investment round consisted of €68 million… Read More

November 20, 2020 @ 4:35 pm By Omar Faridi  |  

Forter, an established e-commerce fraud prevention solution provider, has secured $125 million in capital through a Series E investment round. Forter’s latest round was led by Bessemer Venture Partners, Felix Capital and Itai Tsiddon. Sequoia Capital, NewView Capital, Scale Venture Partners, March Capital Partners and… Read More

November 19, 2020 @ 5:07 pm By Omar Faridi  |  

Cypherium, an enterprise-focused distributed ledger tech (DLT) platform that aims to facilitate interoperability between blockchains and central bank digital currencies (CBDCs), revealed on November 18, 2020, that it had finalized its public sale round and has now acquired $28 million in capital through the sale… Read More

November 18, 2020 @ 7:44 am By Omar Faridi  |  

Bdeo, an established Insurtech firm with offices in Spain and Latin America, has finalized a Series A investment round valued at €5 million. Bdeo’s latest round was led by BlackFin, a European investment company that’s focused on the financial services sector. Existing investors K Fund… Read More

November 13, 2020 @ 5:24 pm By Omar Faridi  |  

Truebill has secured $17 million in capital through a Series C investment round in order to help it with growing from a subscription management service to a comprehensive personal financial management (PFM) app. Truebill’s round was led by Bessemer Venture Partners. Eldridge, Cota Capital, Firebolt… Read More

November 12, 2020 @ 8:39 pm By Omar Faridi  |  

    Texas-based Fintech firm AppBrilliance, which offers an open payment platform, has acquired more than $3 million through a seed funding round that was joined by Studio VC. Headquartered in Austin, AppBrilliance aims to disrupt the $4 trillion payment processing sector by offering non-custodial… Read More

November 11, 2020 @ 10:45 pm By Omar Faridi  |  

New York based Lightico, a startup that assists companies and banking institutions with collecting items such as forms, signatures, official documents, and payments from clients via digital platforms, has secured $13 million through an investment round that was led by Oxx.  Capital One Ventures and… Read More

November 10, 2020 @ 2:33 pm By Omar Faridi  |  

Italy-based banking challenger Aidexa has secured €45 million in funding through a seed round. Established by Roberto Nicastro, former GM at Unicredit, Aidexa plans to leverage artificial intelligence (AI) and Open Banking to help Italian SMEs with streamlining their banking and overall business operations. Aidexa… Read More

November 10, 2020 @ 9:00 am By Omar Faridi  |  

UNION, an open and “decentralized” tech platform that’s focused on reducing the risks, costs, and other barriers to the decentralized finance (DeFi) market, has secured more than $3.9 million in capital from Alameda Research, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Alpha Chain, Black… Read More

November 9, 2020 @ 8:31 pm By Omar Faridi  |  

UK-based digital bank Starling is reportedly planning to secure £200 million (appr. $263 million) in additional capital in order to further expand its business operations. Starling Bank may consider launching an initial public offering (IPO) in the foreseeable future. Starling has hired Rothschild to focus… Read More

November 4, 2020 @ 9:31 pm By Omar Faridi  |  

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

November 2, 2020 @ 6:44 pm By Omar Faridi  |  

Hong Kong-based Statrys, a digital payment services provider, has reportedly secured $5 million through an investment round from an angel investor. Established in 2018, Statrys offers digital payment solutions for SMEs and startups. The Fintech firm noted that its platform makes it a lot easier… Read More

October 30, 2020 @ 2:53 pm By Omar Faridi  |  

Transcend, a US-based firm that focuses on de-risking collateral decision-making, has managed to close an oversubscribed $10 million Series A investment round that was led by Nyca Partners. Transcend’s management noted that the company has seen significant growth as collateralized ventures or businesses look for… Read More

October 29, 2020 @ 11:58 pm By Omar Faridi  |  

India-based Fintech platform GetVantage has acquired $5 million in capital through a seed investment round that included debt and equity financing. Chiratae Ventures (previously IDG Ventures) and Dream Incubators (from Japan) took part in the round along with other investors – which included non-bank financial… Read More

October 20, 2020 @ 10:10 pm By Omar Faridi  |  

The Wealthtech and cryptocurrency-focused Fintech sectors recently attracted substantial investments through several investment rounds. During the past week, there were around 28 funding rounds in the Fintech space. Companies working in several key areas managed to secure funding including those focused on cryptocurrency, Wealthtech, payment,… Read More