Tagged: investment round

June 30, 2020 @ 11:30 pm By Omar Faridi  |  

Financial services firm Zeller has acquired $6.3 million in capital through a seed funding round led by Australian VC Square Peg Capital. Zeller says that it’s planning to use the funds raised to offer services that plug the existing gaps or shortcomings of the business… Read More

June 30, 2020 @ 7:30 am By Samantha Hurst  |  

Germany-based banking as a service platform solarisBank announced on Tuesday it secured €60 million through series C investment round, which was led by HV Holtzbrinck Ventures with participation from Vulcan Capital, Samsung Catalyst Fund and Storm Ventures.  Founded in 2016, solarisBank claims to be the… Read More

June 30, 2020 @ 7:14 am By Omar Faridi  |  

Polish-British Fintech firm Symmetrical.ai, which provides “salary on-demand” services and other products to help people manage their finances, has secured €5.6 million (appr. $6.3 million) in seed funding, in order to bring “ethical” finance to employees. Maintaining financial wellbeing by effectively managing one’s finances remains… Read More

June 27, 2020 @ 2:23 pm By Omar Faridi  |  

France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More

June 27, 2020 @ 1:06 pm By Omar Faridi  |  

Slice, a Fintech company that provides various card-based products to young people in India to help manage their credit scores, has secured $6 million in capital via a round led by Japanese venture capital firm, Gunosy. Other investors that took part in the round included… Read More

June 27, 2020 @ 12:03 pm By Omar Faridi  |  

Picture Wealth has finalized a A$12 million equity and debt funding round. The wealth management firm is planning to transform Australia’s financial advisory and superannuation sector. Picture Wealth has also acquired financial services licensee NEO Financial Solutions (NFS) for an undisclosed amount. Following the acquisition,… Read More

June 26, 2020 @ 7:08 pm By Omar Faridi  |  

San Francisco-based Karat, a company founded by an Instagram alum and backed by the co-founder of Twitch, is reportedly planning to offer a new credit card for upscale clients who are focused on creating digital content. The Silicon Valley firm’s management attended the recent Y-Combinator… Read More

June 24, 2020 @ 11:45 pm By Omar Faridi  |  

Fintech firm RenoFi, a platform that partners with lenders in order to make it possible for them to offer “the next generation of renovation loans,” has reportedly secured $6.4 million in capital through a Series A investment round. Established around two years ago by former… Read More

June 23, 2020 @ 11:36 pm By Omar Faridi  |  

Egyptian Fintech firm MoneyFellows has secured $4 million in capital through a Series A round from Paris-based global VC company Partech and Sawari Ventures, an international VC investor. The investment has come after MoneyFellows acquired more than $1 million in funding via a pre-series A… Read More

June 23, 2020 @ 8:39 pm By Omar Faridi  |  

Ethereum based Opyn, an options issuance platform, has secured $2.16 million in capital via a round led by Dragonfly Capital, a cross-border crypto-asset investment firm. Other investors in Opyn’s latest round included 1kx, an early-stage token fund focused on remittances, computation, storage, prediction, and the… Read More

June 22, 2020 @ 9:21 pm By Omar Faridi  |  

Thailand-based Fintech firm SYNQA, the parent company of OmiseGo (previously called Omise Holdings), has reportedly secured $80 million in capital via a Series C investment round led by SCB 10x, a subsidiary of the Siam Commercial Bank. Asia-based VC group SPARX also took part in… Read More

June 19, 2020 @ 6:57 pm By Omar Faridi  |  

Singapore-based Institutional Lending Exchange (iLex), a Fintech firm focused on developing a multilateral digital or e-market platform that will support the deal flow and liquidity opportunities for loan market participants, has reportedly finalized its seed funding round. The amount raised has not been disclosed. Investors… Read More

June 16, 2020 @ 10:45 pm By Omar Faridi  |  

Dovly, a consumer-focused credit improvement firm, has reportedly acquired $2 million in seed funding. The US-based Fintech firm’s round was led by VC firm NFX, which helps companies expand their operations by leveraging network effects and strategic marketplaces. The capital acquired will be used to… Read More

June 16, 2020 @ 1:40 am By Omar Faridi  |  

Tonik Financial Pte Ltd, a company planning to launch a digital bank in the Philippines, has reportedly secured $21 million in capital through a Series A equity funding round.  The round was led by major blue-chip venture capital investors, including Sequoia India and Point72 Ventures…. Read More

June 15, 2020 @ 1:06 am By Omar Faridi  |  

Brussels-based Fintech firm iBanFirst has secured €21 million in capital through a Series C round, which was led by Elaia and Bpifrance Large Venture. The funds raised will be used to expand iBanFirst’s financial services platform for SMEs. The company mainly focuses on supporting B2B… Read More

June 13, 2020 @ 10:00 pm By Omar Faridi  |  

Singapore-based GBCI Ventures, a venture capital and private equity firm, has made a strategic $11 million investment in Fintech startup Fincy. The company is also in the process of finalizing external funding. The Fincy team describes their platform as a multi-purpose solution providing digital and… Read More

June 9, 2020 @ 9:32 am By Omar Faridi  |  

Digibee, a “no-code” integration platform, has reportedly secured $5 million in capital from GAA Investments and Laércio Albuquerque of Cisco Brazil. The Brazilian company says it will use the funds to enhance its technology stack and further expand its operations into the US. Notably, no-code… Read More

June 5, 2020 @ 10:32 am By Omar Faridi  |  

Caitlin Long, who claims she has been involved with Bitcoin (BTC) since 2012, has issued an update regarding her company, the Avanti Financial Group. As previously reported, Avanti is the first  “cryptocurrency-native” bank, which should launch next year. Long claims that Avanti will provide a… Read More

May 30, 2020 @ 4:50 pm By Omar Faridi  |  

Fortmatic, a company that aims to improve the user experience, or UX, (which can be poor with digital asset wallets) by allowing users to access their Ethereum (ETH) funds from their app, has secured $4 million in seed funding. The firm’s app aims to allow users… Read More

May 27, 2020 @ 11:35 pm By Omar Faridi  |  

German Fintech firm TIS (Treasury Intelligence Solutions), which offers a cloud-powered platform for handling cash flows and corporate payments, has acquired $20 million in additional funding. TIS’ latest investment round was led by Aquiline Technology Growth. Existing investor 83North also made contributions. TIS’ management noted… Read More