Tagged: investment round

Malaysian Insurtech Fatberry Secures RM 2.5M or $600K via Pre-Series A Round led by Stockholm’s Abelco Investment Group

Malaysian Insurtech platform Fatberry has reportedly secured RM 2.5 million (appr. $600,000) through a pre-series A funding round. As noted by its management: “FatBerry is Malaysia’s most comprehensive online insurance portal. We allow you to compare and search for the best coverage plans quickly and… Read More

Indian B2B Healthcare Service Provider Biddano, which Leverages Artificial Intelligence Driven Model, Plans to Secure $10M via Series A

B2B healthcare service provider Biddano is planning to streamline offline pharma distribution networks by bridging key supply chain gaps between distributors and chemists. The company leverages the latest technology to develop its platform and is currently looking to expand its network to 25 cities across… Read More

Indian Fintech Zeta Might Soon Join Growing List of Unicorns when it Finalizes Potential $250M Series D from Softbank Fund

Banking technology firm Zeta is reportedly getting closer to achieving Unicorn status (valued at $1 billion or more) as it continues to work with varous investors in order to close a new funding round, according to TechCrunch which cited sources familiar with the matter. SoftBank… Read More

Saudi Arabia based Fintech Prexle Secures $670K via Seed Round, Company Offers Cloud based POS Services

Saudi Arabia-based Cloud-enabled Point-Of-Sale (POS) startup Prexle has reportedly finalized its seed funding round which is valued at 2.5 million Saudi riyals (appr. $670,000). Company CEO and Co-founder, Abdullah Alajlan stated that they’re happy to close their latest investment round. He added that the funds… Read More

Former Mastercard Exec Javier Perez Invests €8M in Danish Fintech Cardlay, Investment via Global Paytech Fund

Cardlay has secured €8 million in capital from a venture fund that’s managed by former Mastercard executive Javier Perez, according to a release. As mentioned on its official website: “Cardlay is a world leading Fintech partner of commercial card services and payment infrastructure. We supply… Read More

Insurtech: Austin’s The Zebra, an Insurance Comparison Tool Provider, Secures $150M via Series D, Achieves Unicorn Status

Austin-based The Zebra, a company that provides an insurance comparison solution, has secured $150 million in capital through its Series D round. The Zebra has reportedly achieved Unicorn status (valued at $1 billion or more) following its latest round. The Zebra’s latest investment round size… Read More

Indian Consumer Focused Fintech Findeed Acquires Seed Funding from Venture Highway, Anicut Angel Fund, First Cheque

India-based Findeed, a consumer-focused Fintech firm, has acquired seed funding from Venture Highway and Anicut Angel Fund, along with contributions from First Cheque. The capital will be used for recruiting new talent and supporting the firm’s ongoing growth and development. Launched in July 2019 by… Read More

UK based Mobile Banking Provider Atom Bank Secures £40M via Round led by BBVA, Toscafund Asset Mgmt

UK-based mobile banking platform Atom Bank has revealed that its £40 million raise is being led by Toscafund Asset Management LLP and BBVA. As the bank aims to reach profitability, the £40 million raise includes “an offer to participate for qualifying shareholders in new ‘A’… Read More

UK’s Open Banking Fintech TrueLayer Secures $70M via Series D led by Addition, Company has Raised $142M in Total to Date

UK-based Open Banking solution provider TrueLayer has secured $70 million in capital through a Series D round. TrueLayer‘s latest investment round was led by Addition and included contributions from several angel investors. Following this latest fundraise, the Fintech firm has acquired a total of $142… Read More

Indian Fintech Cred Secures $215M via Series D Round led by Falcon Edge Capital

India-based Cred, a fast-growing Fintech firm that lets clients pay off their credit card bills and gives them rewards in return, has managed to reach a $2.2 billion valuation after its $215 million Series D round that was led by Falcon Edge Capital. Coatue Management… Read More

Newcastle’s Fintech Firm One Utility Bill May Create 40 New Jobs After Securing £1.6M via Latest Investment Round

A Fintech-related business could create over 40 new jobs in Newcastle after a recent £1.6 million fundraise. As first reported by Bdaily News, a North East based Fintech firm has revealed that it’s now focused on creating around 40 new roles after acquiring £1.6m via… Read More

Digital Asset Custody Provider Hex Trust Finalizes $6M Round led by QBN Capital

Hong Kong-headquartered crypto-asset custody service provider Hex Trust reveals that it has secured $6 million in capital via a Series A round that was led by QBN Capital. As part of its latest investment round, Hex Trust also received contributions from Cell Rising, Radiant Tech… Read More

Neobanking Fintech StashFin Secures $40M via Series B Extension led by Prominent Global Investros

Singapore-headquartered neo-banking platform StashFin has finalized a Series B extension equity financing valued at $40 million from several international investors. New investors taking part in StashFin‘s investment round included Altara Ventures and Uncorrelated Ventures along with contributions from investors such as Integrated Capital, Kravis Investment… Read More

Brazilian Online Credit Marketplace FinanZero Secures $7 Million Through Latest Funding Round Led By Swedish Investors VEF, Dunross & Co.

FinanZero, a Brazil-based online credit marketplace, announced on Tuesday it secured $7 million through its latest funding round, which was led by Swedish investors VEF, Dunross & Co. and Atlant Fonder. Founded in 2016, FinanZero claims that it simplifies the way to apply for all type… Read More

Binance Labs Leads $6 Million Round for Moonbeam Network, a Smart Contract Platform and Polkadot Ecosystem Parachain

Binance Labs recently led a $6 million “strategic” round of the Moonbeam smart contract platform along with contributions from CoinFund and ParaFi. The funds acquired from the investment round will be used to hire development resources, “build additional integrations and developer tools, perform third-party security… Read More

Spiral Acquires $14M in Capital and Launches a Banking App for Charitable Causes, and Individuals “Committed to Giving”

Spiral, the banking solution developed specifically for the charitable sector, revealed on April 1, 2021 that it has acquired $14 million in capital via a round led by venture group Team8 along with with participation from Communitas Capital, Phoenix, Nidoco AB, MTVO, and several other … Read More

DeFi Startup Gro Secures $7.1M in Seed Funding to Make Decentralized Finance Market More Accessible

Gro has acquired $7.1 million via a seed round in order to make DeFi more accessible The Gro team writes in a blog post that they’re pleased to confirm that some great business partners and investors have helped them with building their vision of “simple”… Read More

Real-Time Data Integration Platform Striim Secures $50M via Series C led by Goldman Sachs Growth Equity

Striim, Inc., provider of a real-time data integration service, has acquired $50 million in funding through a Series C round that was led by Goldman Sachs Growth Equity. Summit Partners, Atlantic Bridge Ventures, Dell Ventures, Bosch Ventures made contributions to the investment round as well…. Read More

SaaS Platform Capitolis Secures $90M via Series C led by Andreessen Horowitz with Participation from Citi, JPMorgan

Capitolis, an established software-as-a-service or SaaS platform that aims to promote financial resource “optimization” for capital markets, has revealed that it finalized a $90 million Series C funding round that was led by Andreessen Horowitz or a16z, a Silicon Valley VC firm that regularly backs… Read More

UK Fintech Monavate Acquires £5M in Seed Funding, Now Focused on Rapidly Expanding Operations

UK-based Fintech firm Monavate says it’s focused on rapidly expanding its operations after securing £5 million through a seed funding round. Cambridge-based Monavate offers a “new-to-market” payment solution. The company confirmed in a release that it has managed to acquire funding from a “major” US… Read More

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