Tagged: investment round

Insurtech: Germany’s Insurance Technology Firm Wefox Group Secures $110 Million via Series B Round

Berlin headquartered Wefox Group, an Insurtech firm that has developed the consumer-facing insurance app and carrier One and Wefox, an insurance platform, has secured $110 million via a recent Series B round according to a company release. The additional funding has doubled Wefox’x Series B… Read More

Global Fintech as a Service Provider Rapyd Has Now Raised $180 Million Following Investment from Durable Capital Partners

Rapyd, a multinational Fintech-as-a-service provider revealed on December 3 that Durable Capital Partners LP, had made an investment into its operations. This latest investment brings the total capital raised by Rapyd to around $180 million. This figure included the firm’s initial series A funding round,… Read More

Insurtech Firm Acko General Insurance Raises $36 Million via Investment Round Led by Ascent Capital, Binny Bansal

Insurtech firm Acko General Insurance Ltd has recently raised $36 million via an investment round led by Ascent Capital. This, according to Acko’s filings with the registrar of companies (RoC). The Mumbai-headquartered insurtech company acquired allotments of “10 equity shares of ₹10 (appr. $0.14) each… Read More

Finland-based Fintech Firm Enfuce Raises €10 Million to Expand Operations Globally

Enfuce, one of the largest Fintech firms in Finland, has raised €10 million (appr. $11 million) via an investment round led by Maki.vc. The round included venture debt from Nordea, LähiTapiola, and Finnvera. Enfuce is one of fastest-growing Fintechs in the Nordic region. The company… Read More

AI-Enhanced Smart Savings App Plum Raises $3 Million via Latest Investment Round

Plum, an artificial intelligence (AI)-enhanced smart savings application, has raised around $3 million via its second investment round, bringing the company’s total funds raised to approximately $9.3 million. Plum recently introduced its new Android app, which extends the firm’s digital offering across Facebook Messenger and… Read More

Blockchain Data Analytics Firm Messari Raises $4 Million via Round Led by Uncorked Capital, Coinbase Ventures, Others

Uncork Capital, a seed-stage VC firm, led a $4 million investment round for blockchain analytics company Messari. Coinbase Ventures, the venture capital arm of San Francisco-based crypto exchange Coinbase, also took part in Messari’s latest funding round. Messari’s management confirmed on November 13 that it… Read More

Cybersecurity Skills Platform Immersive Labs Raises $40 Million via Series B Round Led By Summit Partners, Goldman Sachs

Immersive Labs, a UK-founded cybersecurity skills platform, raised $40 million through a Series B investment round led by Summit Partners, a growth equity investor. New York-based investment bank Goldman Sachs also took part in Immersive’s latest funding round. Established in 2017, the company noted that… Read More

Santander InnoVentures Leads Expansion Investment Round in Digital Mortgage Lending Platform Roostify

London-based Santander InnoVentures recently led an expansion investment round for San Francisco-headquartered Roostify, an online mortgage lending platform. The size of the investment made has not been shared publicly. Established in 2012, Roostify provides an integrated platform that connects customers and lenders in order to… Read More

Swiss Regtech Firm Apiax Raises $6.6 Million in Series A Funding Round

Zürich-based Apiax, a Fintech firm that transforms complex regulatory requirements into digital compliance rules, has raised $6.6 million through a Series A investment round. Founded in 2017, Apiax is a Swiss Regtech firm that builds and provides tools to transpose written regulations into binary, machine-readable… Read More

Blockchain Accelerator Æ Ventures Reveals Its Starfleet Program Raised Over $1.6 Million

Æ Ventures, an investment firm that provides initial funding, acceleration and advisory services to blockchain-related projects, revealed that its Starfleet Accelerator Program has exceeded $1.6 million in total investments. The company said it’s now accepting applications for its third financing round. The third edition of… Read More

Penta Secures €8 Million Through Latest Investment Round led By HV Holtzbrinck Ventures

Digital bank Penta announced on Monday it secured €8 million through its latest investment round, which was led by HV Holtzbrinck Ventures. Founded in 2017, Penta describes itself as a digital platform for business banking that is aimed towards SMEs and startups. Its key mission… Read More

Financial Wellness Platform Bloom Credit Secures $3.87 Million Through Seed Investment Round Led By Resolute Ventures

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Bloom Credit, a U.S.-based financial wellness platform, announced on Thursday it secured $3.87 through its seed investment round, which was led by Resolute Ventures with participation from Kindred Ventures and Slow Ventures. Founded in 2017, Bloom Credit was a graduate from the 500 Startups Batch 20… Read More

Banking Mobile App Emma Raises £420,000 Through Seed Financing Round Led By Kima Ventures & Aglaè Ventures

Emma Technologies announced this week it raised £420,000 through its latest investment round, which was led by Kima Ventures, one of the first investors in Transferwise, and Aglaè Ventures, the early stage fund of the Groupe Arnault, investor in Netflix and Airbnb. As previously reported, Emma has created a… Read More

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