Tagged: investment round

Digital Assets: Taurus Secures $65M to Develop Platform, Fuel Global Expansion

Taurus SA, the digital asset infrastructure provider for financial institutions in Europe, is pleased to announce a $65 million Series B capital raise from strategic investors. Taurus’ Series B investment round is “led by Credit Suisse and includes participation from new institutional investors such as… Read More

ModernFi Raises $4.5M as Banks Embrace Software to Source Deposits

ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced that it has “raised $4.5 million in seed funding.” The investment round was “led by Andreessen Horowitz with participation from industry leaders across tech, finance, and government.” ModernFi operates… Read More

London based Fintech Sikoia Acquires $6M in Funding to Simplify Client Onboarding, Risk Evaluation.

London-based Fintech Sikoia has successfully “raised $6m in seed funding, bringing its total capital raised to over $8.3m, including a pre-seed round from the previous year.” This milestone caps a solid year for Sikoia, which “saw the company grow its international client list, make key… Read More

Sandbox Banking Secures $4.3M to Enhance Integration for Banks, Credit Unions

Sandbox Banking, the fintech building a low-code integration platform for banking, announces its completion of “a strategic investment led by Horizon Ventures, bringing the company’s total financing to $6M.” Participating investors reportedly “include Forum Ventures, SixThirty, Tuesday Capital.” Using the company’s Glyue™ platform, banks and… Read More

Blockchain Security Platform Ironblocks Completes $7M Fundraise

Ironblocks, the “first-ever” blockchain-native cybersecurity platform, announced today that it has raised $7 million in seed funding. This investment round is “co-led by Collider Ventures and Disruptive AI, with additional participants including ParaFi; Quantstamp; Samsung Next; Balaji Srinivasan, ex-CTO of Coinbase and former general partner… Read More

Quantum Brilliance Secures $18M to Advance Miniaturized Quantum Computers

Quantum Brilliance, the developer of room-temperature miniaturized quantum computing products and solutions, announced an $18 million fundraise. Investors reportedly “include Breakthrough Victoria, Main Sequence, Investible, Ultratech Capital Partners, MA Growth Ventures, Jelix Ventures, Rampersand and CM Equity Partners.” Quantum Brilliance will “use the funding to… Read More

VRRB Labs Introduces “Decentralized” Protocol Leveraging Novel Algorithm to Solve Blockchain Trilemma

VRRB Labs, a decentralized protocol that combines speed, scalability, and decentralization without sacrificing security, announced that it has raised $1.4 million in pre-seed funding to support its development of “an innovative blockchain that will make it easy and financially sustainable for developers to build user-friendly… Read More

Neobank Comun Secures $4.5M to Promote Financial Inclusion with Latino-First Approach to Banking

Comun, a Latino-founded neobank that provides modern banking solutions for Latino families, announced it closed a $4.5M seed round led by Costanoa Ventures with participation from South Park Commons and FJ Labs. The company plans “to use the funds to build a financial hub with… Read More

Digital Asset Firm Coincover Raises $30M to Expand Operations

Coincover announced $30M in funding, “led by Silicon Valley’s Foundation Capital with follow-on investment from CMT digital.” The fresh capital will “accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem – preventing, compensating, and protecting against crypto threats.” Founded in 2018 and launched… Read More

Nordic Fintech Lunar Secures €35M to Expand Business, Reach Profitability

The Nordic fintech company Lunar, which is a modern alternative to traditional banks, raises 35 million EUR “to invest in and develop the business and reach profitability even faster.” Founder and CEO of Lunar Group, Ken Villum Klausen, says: “The capital markets that we and… Read More

London based Fintech Landytech Secures $6M in Funding

Landytech is pleased to announce the completion of its Series A funding of $6m. The funding has been “raised primarily from Adelie Capital and Greenwood Way Capital, a number of family offices and financial influencers also participated in the funding round.” Landytech is a fintech… Read More

Arrcus, a Multi-Cloud Network Infrastructure Provider, Raises $50M to Support 5G, Data Center Technologies

Arrcus, the hyperscale networking software company and a leader in core, edge and multi-cloud network infrastructure, announced the close of a financing round “that brings to $50 million the total capital raised since the last venture financing round.” Prosperity7 Ventures is leading the Series D… Read More

Singapore-based Fintech Tazapay Secures $16.9M via Series A Round

Tazapay, a fintech company specializing in cross-border payments, announced that it has raised $16.9 million in its Series A funding round. Sequoia Capital Southeast Asia led the investment round, “with EscapeVelocity (escp.vc), PayPal Alumni Fund, as well as renowned angel investor Gokul Rajaram joining as… Read More

Digital Lending Platform MONIX Closes $20M Round to Support Financial Inclusion in Thailand

MONIX Co., Ltd., a Bangkok-based AI-powered digital lending platform, announced that the company has secured US$20 million in the first close of its pre-IPO fundraising. The investment round was “led by the mothership SCBX and a new investor Lombard Asia, a Southeast Asia’s growth-focused private… Read More

Carbonplace Announces New CEO, Secures $45 Million in Funding

Carbon credit transaction network Carbonplace has raised $45 million in “a strategic round of investment and formed its own entity.” Carbonplace, which “connects buyers and sellers of carbon credits through their banks, secured the seed funding from the financial institutions which founded the fintech: BBVA,… Read More

Bank of London Secures $40M in Extension to Series C Funding

The Bank of London, the “next-generation” technology company and the world’s first purpose-built global clearing, agency, and transaction bank, announced it has raised $40M, in an extension to its Series C funding, “bringing the company’s total raise to $160M.” This investment round follows The Bank… Read More

Digital Private Equity Investment Platform Moonfare Finalizes Series C Extension

Moonfare, the global digital private equity investment platform, has capped the extension of its Series C financing round “at c.a. $15 million, achieving a record valuation.” This brings the total capital raised in the Series C investment round “to over $130 million.” Following Insight Partners’… Read More

Mazepay, the Fintech Platform Enhancing B2B Payments, Raises €4M

Mazepay, the Danish Fintech platform that simplifies long-tail procurement and B2B payments, has “raised a €4M growth round, led by Scale Capital.” Participants in the investment round “include international investment firm Hambro Perks, and London-based early-stage venture capital firm Outward VC. Mazepay will use the… Read More

Follow to Build Social Investment Platform to Automate Copying of Trades for US Equities

Follow, the “first” community-centric investment platform joining selected finance-focused influencers called ‘Leaders’ and individual investors launches with $9M in funding. As the “first” platform to automate copying of trades of US equities to US clients using a feature called SuperFollow at its RIA affiliate, Follow’s… Read More

Biometric Identity, Payments Platform Wink Expands Seed Round With Additional $3M in Funding

Wink, a Texas and California based, biometric identity and payments platform, is pleased to announce that it has received an additional $3M million of seed investment. This seed equity round “follows the $2.85 million previously raised in a pre-seed round in 2021-22.” The additional financing… Read More

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