Tagged: investment round

Charles Acquires $20M via Series A led by Salesforce Ventures to Tap Digital Commerce in WhatsApp

Charles announced that it has raised a $20 million Series A round that was led by Salesforce Ventures in order to become one of Europe’s “leading” conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also… Read More

Fintech FairPlay Finalizes $10M Series A to Reduce Bias in Lending

FairPlay, which claims to be the world’s first “Fairness-as-a-Service” solution for algorithmic decision-making, announced that it has raised $10 million in Series A funding. The investment round was “led by Nyca Partners, with participation from Cross River Digital Ventures, Third Prime, Fin Capital, TTV, Nevcaut… Read More

Mahalo Banking Secures $20M to Accelerate Growth in Mobile, Online Banking Solutions

Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, completed a $20 million funding round this month that was “led by Ohio-based Superior Credit Union, Ky.-based Park Community Credit Union and Del.-based Dover Federal Credit Union.” The additional capital “enables… Read More

Fintech Stori Becomes Mexico’s Latest Unicorn, Securing an Additional $150M at $1.2B Valuation

Stori, a “rapidly growing” fintech company offering credit card products to Mexico’s underserved population, recently announced its latest round of financing of $150 million, which “values the company at $1.2 billion.” As a result of this latest investment round, Stori now “joins a select group… Read More

Meow Finalizes $22M Series A as Corporate Treasuries Embrace DeFi Investing

Meow, the compliant crypto yield offering for corporate treasuries, recently announced it has closed on $22 million in Series A financing. The investment round was “led by Tiger Global, with participation from QED Investors, leading cryptocurrency exchange FTX, and others, and will be used to… Read More

Virtual Banking Service Provider Apiture Finalizes $29M Round

Apiture, which claims to be a “leading” provider of digital banking solutions, announced the closing of a $29 million fundraising round which was led by Live Oak Bank, with participation from other existing investors. The latest investment round “brings the total funding raised by Apiture… Read More

X1 Card, the Challenger Credit Card, Secures $25M in Funding

X1 Card, the “smartest” credit card “ever made,” recently announced $25 million in Series B funding and will be “opening applications to the general public in the U.S. in the coming weeks.” The investment round has been “led by FPV Ventures, the new venture firm… Read More

Deci Finalizes $25M Series B to Accelerate the Productization of AI Apps

Deci, the deep learning company harnessing AI to solve the AI efficiency gap, recently announced it has raised $25 million in a Series B funding round “led by global software investor Insight Partners, with participation from existing investors Square Peg, Emerge, Jibe Ventures, and Fort… Read More

Berlin based Insurtech ELEMENT Acquires €21.4M in Funding

The Berlin-headquartered Insurtech firm ELEMENT has secured €21.4 million via a Series B round. The total funding secured by the firm now amounts to 88 million euros. ELEMENT is also reporting its “best” YTD results. The investment round has been led by the Versorgungswerk Zahnärztekammer… Read More

UK Fintech Lightyear Launches in 19 EU Nations, Acquires $25M in Funding

Investment platform Lightyear has announced a $25M Series A equity round “led by Lightspeed Venture Partners.” The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the investment round “alongside a number of new and existing angel investors.” Joining Lightspeed in this… Read More

Kini, an Indonesian On-Demand Payroll Provider, Raises $4.3M in Seed Funding

Kini, an Indonesian on-demand payroll provider, has secured $4.3 million of seed funding led by East Ventures, with participation from Ten13, OurCrowd, K50 Ventures, and Goodwater Capital. Kini will “allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding… Read More

Spanish Fintech Fuell Acquires €1.5M in Funding

Fuell, the Spanish firm that has created a corporate card and expense management SaaS, has finalized a €1.5 million funding round that was led by Y Combinator and Fin Capital. US business investors Michael Levinthal and Andy Cohen also made contributions to the investment round,… Read More

Salary Payments Fintech Kadmos Secures €29M via Series A Led by Blossom Capital

Kadmos, the end-to-end salary payments platform for cross-border employers, has raised €29 million in a Series A funding round “led by Blossom Capital.” The investment round, which follows an €8.3 million seed round back in December, also included existing investors Addition and Atlantic Labs. The… Read More

Rey Assurance Finalizes $4.2M Round, Launches Insurance Products with ISO/IEC 27001 Certification

Rey Assurance, which claims to be the first dedicated and integrated health, life and critical illness Insurtech company in Indonesia, recently announced $4.2 million in seed funding to advance its digital health products and tech platform. In addition to announcing the funding from the Trans-Pacific… Read More

Singapore based Insurance Software Firm Ancileo Secures $3M via Seed Round

Singapore at Night Marina Bay

Ancileo, a Singapore-headquartered software as a service (SaaS) solution provider for the insurance sector, recently revealed that it acquired $3 million in seed funding from Fermion. As noted by Ancileo’s management, it will be able to gain access to around 230 banking institutions and 150… Read More

Brazil’s Creditas Acquires Banking License, Raises Additional Capital

Brazil’s secured lending platform Creditas is getting ready to expand its product offering, after obtaining a banking license as well as a mortgage marketplace. The company is reportedly acquiring Brazil‘s banking license of Andorra’s Banco Andbank, allowing it to take customer deposits. As part of… Read More

Low code Fintech Quiltt Secures $4M in Funding

Low-code consumer Fintech platform Quiltt recently revealed that it has secured $4 million in capital in order to expand access to financial services tech for consumers by significantly lowering technical barriers for innovators. The company’s investment round has been co-led by Greycroft and Newark Venture… Read More

NFT Pricing Project Leveraging Machine Learning Acquires $4M in Funding

DeepNFTValue, a machine learning company that uses deep neural networks to price non-fungible tokens (NFTs) and other NFT assets, has announced a $4 million raise led by Rockaway Blockchain Fund, a venture capital firm backing “leading” Web3 founders. The investment round also included contributions from… Read More

DEUNA Secures $37M to Expand Digital Commerce Services in Latin America

DEUNA, the commerce operating system that enables a “1-click checkout” buying experience and a sales network for digital commerce merchants, has raised $37 million in funding including a $30 million Series A round. The investment round was led by Activant Capital along with contributions from… Read More

Avalanche Foundation’s Blizzard Fund to Support Intain’s Blockchain Solutions

Intain Inc., a blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, recently announced “the completion of a round of funding.” The funds will be used “to help scale Intain MARKETS, a structured finance marketplace scheduled for… Read More

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