Tagged: investment round

January 21, 2022 @ 10:47 am By Omar Faridi  |  

Vartana, a provider of managed checkout and BNPL options for businesses, has announced its launch with $57 million in seed funding. The new capital injection reportedly includes $7 million in equity led by tech firm Audacious Ventures as well as $50 million in debt from… Read More

January 21, 2022 @ 8:42 am By Omar Faridi  |  

Routefusion, which claims to offer the most “comprehensive” Fintech solution for unlocking global expansion, has announced their $10.5 million seed “prime” funding round co-led by Canvas Ventures and Silverton Partners along with contributions from other investors. Other parties in Routefusion’s investment round reportedly include: Haymaker… Read More

January 20, 2022 @ 12:03 pm By Omar Faridi  |  

The team at Cushon notes that they’re pleased to confirm that they have, subject to Financial Conduct Authority (FCA) approval, acquired Creative, the manager of the Creative Pension Trust. Once approved, this acquisition sees Cushon become the United Kingdom’s 5th largest “master trust provider.” As… Read More

January 13, 2022 @ 10:46 pm By Omar Faridi  |  

India’s neobank Fintech Kaleidofin has acquired $10 million in capital via a Series B round that was led by the Michael & Susan Dell Foundation. The capital injection has now taken the total funding secured by Kaleidofin to $18 million. Existing institutional investors, Oiko Credit,… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 12, 2022 @ 9:05 am By Omar Faridi  |  

In the “build-up” to Qonto’s announcement of its €486 million Series D, nowhere was the “excitement” felt more acutely than in company HQ. The team at Qonto writes in a blog post: “For confidentiality reasons, the specifics of the deal had to be kept secret… Read More

January 10, 2022 @ 8:28 am By Omar Faridi  |  

The team at Payfit, which has recently raised €254M to strengthen their payroll solution for SMEs, notes that as 2021 came to an end, they had taken a look back on the year. PayFit reveals that not only have they grown in size, but they also… Read More

January 6, 2022 @ 2:13 pm By Omar Faridi  |  

DeFi protocol Exotic Markets has reportedly secured $5 million in capital from various prominent VCs and investors. In addition, the private token sale round attracted a lot of attention, as demand for structured products in decentralized finance has picked up, according to an update shared… Read More

January 5, 2022 @ 2:38 pm By Omar Faridi  |  

Binance Labs has reportedly invested $12 million in WOO Network as the two parties focus on further expanding their long-standing relationship. As mentioned in an update from Binance Labs, the investment will aim to “support WOO Network’s rapid expansion through talent acquisition, research and development,… Read More

December 28, 2021 @ 10:37 am By Omar Faridi  |  

Addi, a startup that has experienced steady growth by providing clients in Latin America the chance to use Buy Now, Pay Later (BNPL) services, recently secured $200 million of debt and equity in order to support an expansion in the region. The Bogota-headquartered Fintech confirmed… Read More

December 26, 2021 @ 8:17 pm By Omar Faridi  |  

Indonesia’s Flip, a consumer payments platform, confirmed that it has secured $48 million via a Series B round that has been co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners. Flip’s latest investment round notably marks Insight Partners’, a New York-headquartered private equity… Read More

December 26, 2021 @ 4:55 pm By Omar Faridi  |  

StarSharks, a community-led gaming ecosystem dedicated to players creating, sharing and building together, is pleased to confirm the closing of a $4.8 million private round. The shark Metaverse will use the proceeds to create “exciting new games and nurture the community,” according to a release…. Read More

December 23, 2021 @ 3:24 pm By Omar Faridi  |  

Ant Money, the embedded finance platform, announced it has secured $20 million in a Series A financing that was led by Franklin Templeton’s Franklin Venture Partners. The investment round was also led by Walter Cruttenden, RX3 Ventures, SteelBridge Laboratories, and Steelpoint Capital Partners. In conjunction… Read More

December 23, 2021 @ 3:18 pm By Omar Faridi  |  

Taptap Send, a community-focused cross-border financial platform, has announced a $65M Series B round led by Spark Capital, along with contributions from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from… Read More

December 23, 2021 @ 12:16 pm By Omar Faridi  |  

SPACE Metaverse has acquired $7 million in capital from a number of tier-one venture funds in order to establish the economic foundation to join various metaverses into “one parallel society.” The funding Included some of the most prominent names in the DeFi and crypto space… Read More

December 23, 2021 @ 9:12 am By Omar Faridi  |  

Astra Protocol is pleased to confirm that it has acquired $9 million via its token raise. In addition, various investment groups and individuals have supported the Astra Protocol project, confirming the requirement for decentralized compliance in the DeFi sector. According to Astra, things are progressing… Read More

December 23, 2021 @ 12:37 am By Omar Faridi  |  

The month of December is always an “exciting month” for Razorpay, the company wrote in a blog post dated December 20, 2021. Razorpay added that it has celebrated its 7th year since launch. The firm reveals that what started off as an idea between Shashank… Read More

December 22, 2021 @ 9:45 am By Omar Faridi  |  

Established 11 months ago by ex- Revolut professionals including CEO Lasse Kalkar and COO Anita Koimur, and CTO Evan O’Brien, LiveFlow plans to improve the way financial management is performed inside organizations. The team at LiveFlow wrote in a blog post that they are pleased… Read More

December 22, 2021 @ 8:57 am By Omar Faridi  |  

Thomas Bohner, Founder and CEO at Credix, has confirmed that his team has secured $2.5 million in early-stage seed round funding from various investors and builders. Credix’s investment round was reportedly led by DRW Cumberland and ParaFi Capital along with contributions from the Transfero Swiss… Read More

December 21, 2021 @ 10:34 am By Omar Faridi  |  

Proxymity has acquired $31 million in capital via its second funding round. Proxymity’s management confirmed that they will use the proceeds from the investment round to further expand their product and market presence, as part of a larger effort to offer digital global investor communications…. Read More