Tagged: investment round

June 7, 2022 @ 8:05 am By Omar Faridi  |  

Trovata, a US-based firm focused on automating cash reporting and forecasting via wholesale, multi-bank API data aggregation, is preparing to launch operations in the United Kingdom on the back of a $27 million round. As noted by Sky News, Trovata, which maintains head offices in… Read More

June 7, 2022 @ 8:03 am By Omar Faridi  |  

Dutch startup Fung has reportedly acquired $2.7 million in capital via a pre-seed round for its goal of unifying cryptocurrency and fiat payment channels. Fung’s investment round has been co-led by Global Founders Capital, Kingsway Capital, Kindred Capital, and Karatage. Fung’s management noted that they… Read More

June 4, 2022 @ 7:52 pm By Omar Faridi  |  

Trade Republic, which claims to be Europe’s largest savings platform, announces a €250M Series C extension. The investment round is led by Ontario Teachers’, which is one of the world’s largest pension funds and institutional investors, “along with the participation of existing investors.” The extension… Read More

June 2, 2022 @ 10:58 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure that secures digital assets in a simple and efficient way, has acquired $4.7 million via its seed round that was led by Elevation Capital. The investment round also saw participation from investors such as LD Capital, Woodstock, Nexus Ventures, and… Read More

June 1, 2022 @ 7:37 am By Omar Faridi  |  

Newly authorized mobile-only UK bank Kroo has acquired £26 million in capital in order to grow its professional team and further expand its product offerings. Kroo‘s current product range incudes a prepaid debit card and app, which enables clients to quickly create groups with friends,… Read More

May 31, 2022 @ 11:37 pm By Omar Faridi  |  

Merge has secured $9.5 million in capital via a seed round in order to create its API-powered banking and payments solution, effectively bridging the gap between fiat and cryptocurrency-based ecosystems. Merge aims to address the ongoing struggle that many firms in the crypto economy face… Read More

May 31, 2022 @ 11:00 pm By Omar Faridi  |  

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 28, 2022 @ 2:58 pm By Omar Faridi  |  

Capital provider Bloom Group S.A. has secured £300 million in capital via a round led by Credo Capital Partners and funds managed by Fortress Investment Group LLC (Fortress), making the company “the highest-funded revenue-based lending business in Europe.” It will drive the company’s ambition “to… Read More

May 28, 2022 @ 1:56 pm By Omar Faridi  |  

Israeli blockchain firm StarkWare, which offers a cryptographic compression service, has managed to quadruple its latest valuation during just the past six months. Starkware confirmed that it finalized a $100 million Series D round that had been led by Greenoaks Capital as well as Coatue,… Read More

May 28, 2022 @ 1:52 pm By Omar Faridi  |  

Stable, the ‘home of hedging’ for the $5 trillion agricultural commodity industry, recently revealed that it has finalized a $60 million Series B. The investment round has reportedly been led by Acrew along with key investors Greycroft, Notion Capital, Syngenta and Continental Grain Company also… Read More

May 27, 2022 @ 8:40 am By Omar Faridi  |  

Elliptic, an international firm focused on crypto-asset risk management, has announced J.P. Morgan as an additional investor “as part of its recent $60 million Series C funding round led by Evolution Equity Partners and including SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo… Read More

May 26, 2022 @ 12:25 pm By Omar Faridi  |  

Firework, the live-streaming commerce and digital transformation platform, has secured $150 million in Series B financing, “led by SoftBank Vision Fund 2.” The announcement comes as public sentiment towards Big Tech’s “walled-gardens” – the large, closed ecosystems typified by the likes of Facebook and Amazon… Read More

May 26, 2022 @ 11:24 am By Omar Faridi  |  

Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, recently announced the close of a $5 million seed investment round led by FTX Ventures. Additional participants in the seed round reportedly “include Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel,… Read More

May 25, 2022 @ 11:23 pm By Omar Faridi  |  

Clear Street, a Fintech building better access to capital markets, announced the completion of a $165 million Series B round “to accelerate launching its platform.” The investment round was led by Prysm Capital, LLC, a growth equity firm that partners with disruptive companies in the… Read More

May 25, 2022 @ 10:19 pm By Omar Faridi  |  

Babel Finance, the wholesale crypto financial services provider, recently announced the completion of a $80 million Series B financing round “at a valuation of $2 billion.” The main investors in this investment round “include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly… Read More

May 25, 2022 @ 3:11 am By Omar Faridi  |  

Openpay Group Ltd (ASX: OPY) (Openpay / the Company) is pleased to announce the completion of a $18.25 million two-tranche Placement “to accelerate its pathway to profitability in the ANZ business.” ANZ CEO, Dion Appel said: “Openpay ANZ is accelerating its pathway to profitability through… Read More

May 24, 2022 @ 7:52 pm By Omar Faridi  |  

Moves, an “all-in-one” banking app for gig workers, recently announced that it has closed a $5 million seed funding round “to advance its mission of making the gig economy work for its workers.” Matthew Spoke, CEO of Moves, stated: “The gig economy is surging, yet… Read More

May 24, 2022 @ 6:38 pm By Omar Faridi  |  

BUD, a Metaverse user-generated platform, recently announced its $36.8M Series B round led by Sequoia Capital India “with participation from ClearVue Partners, NetEase and Northern Light Venture Capital.” Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the investment round…. Read More

May 24, 2022 @ 7:46 am By Omar Faridi  |  

Tranch, a London-headquartered Buy Now Pay :ater (BNPL) platform for SaaS sellers and professional services providers, is ready now to come out of stealth, having secured £3.5 million in capital via a pre-seed equity and debt funding round. The investment round has reportedly been led… Read More