Tagged: investment round

May 23, 2022 @ 9:58 pm By Omar Faridi  |  

Coins.ph, the Philippines’ fiat and crypto wallet services provider and Joffre Capital portfolio company recently announced the completion of a $30 million Series C financing led by Ribbit Capital, and “joined by other strategic investors.” The new capital will be used “to further expand its… Read More

May 23, 2022 @ 3:21 pm By Omar Faridi  |  

Xendit, one of the “fastest-growing” payments infrastructure platforms for Southeast Asia, announced that it closed $300 million in Series D funding, “taking the total amount raised to $538 million to power the world’s fastest-growing digital economy.” Coatue and Insight Partners co-led the investment round “with… Read More

May 22, 2022 @ 5:16 pm By Omar Faridi  |  

SpotOn, a software and payment company with comprehensive solutions for restaurants, retail businesses, and enterprise venues, recently announced $300 million in Series F funding, “raising its valuation to $3.6 billion.” The company will use the funding “to further develop technology products that enable businesses to… Read More

May 22, 2022 @ 12:49 pm By Omar Faridi  |  

Security Token Group (STG), a venture studio focused on building financial infrastructure to support the growth and development of the security token industry, is pleased to announce the closure of the company’s $3 million Series A round, “led by Blue Bay Ventures, and including strategic… Read More

May 20, 2022 @ 7:14 pm By Omar Faridi  |  

Unit, the banking-as-a-service platform that empowers companies to embed financial services in their products, announced it has raised a $100 million in a Series C round “led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish… Read More

May 20, 2022 @ 8:28 am By Omar Faridi  |  

Modulr, an embedded payments platform for digital businesses, recently announced that it has raised $108m (£83m) in Series C funding that was led by General Atlantic, a global growth equity firm. The investment round also “included significant participation from existing investors including Blenheim Chalcot, Frog… Read More

May 20, 2022 @ 8:26 am By Omar Faridi  |  

Thought Machine, the Cloud native banking tech firm, recently announced it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, “with participation from Intesa Sanpaolo and Morgan Stanley.” Existing investors following-on in this investment round reportedly include:… Read More

May 18, 2022 @ 10:36 pm By Omar Faridi  |  

Foley & Lardner LLP recently represented Nomad, a Latin American Fintech firm that enables Brazilian consumers to maintain bank accounts in the United States, in its $32 million (R$160 million) financing. The Fintech company’s investment round was led by Stripe, followed by monashees, Spark Capital,… Read More

May 18, 2022 @ 10:17 am By Omar Faridi  |  

Elwood Technologies, a platform providing “institutional-grade” access to digital asset markets and liquidity venues, recently announced it has “closed a $70 million Series A funding round.” The round was co-led by Europe‘s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs. There was… Read More

May 18, 2022 @ 9:42 am By Omar Faridi  |  

Encode Club, a Web3 education community with focuses on blockchain education, talent sourcing and venture investing, has completed a $5 million funding round that was led by Lemniscap and Galaxy Digital (TSX: GLXY). The investment round included participation from Dragonfly Ventures, Folius Ventures, not3Lau Capital, Ascensive… Read More

May 16, 2022 @ 1:18 pm By Omar Faridi  |  

Legal technology firm LawAdvisor Ventures has announced that it secured $5 million of investment across its portfolio of ventures in a seed round “involving some of the legal industry’s most influential thinkers.” The capital injection reportedly “includes investment from Ralph Baxter (former Chairman and CEO… Read More

May 16, 2022 @ 5:24 am By Omar Faridi  |  

Dock, a full-stack payments and digital banking platform across Latin America, recently announced that it has secured $110 million in growth funding led by Lightrock and Silver Lake Waterman, along with contributions from existing investors Riverwood Capital, Viking Global Investors and Sunley House Capital, “bringing… Read More

May 15, 2022 @ 6:37 pm By Omar Faridi  |  

Deserve, the venture-backed Fintech firm expanding and powering the real-time credit card economy, recently announced a $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve’s digital-first, mobile-centric, and “highly configurable” credit card platform, the company will “use this new… Read More

May 15, 2022 @ 2:02 pm By Omar Faridi  |  

AKUVO, a technology-based organization focused on credit risk and delinquency management, recently announced a round of funding from three credit unions. The investments made by VyStar Credit Union, BCU and Reseda Group, a wholly-owned CUSO of MSU Federal Credit Union, will be channeled towards further… Read More

May 15, 2022 @ 12:42 am By Omar Faridi  |  

Katanox, the travel accommodation distribution and Fintech platform, has acquired $5.7 million from a group of financial, hospitality, and tech entrepreneur family offices “to overhaul and reconfigure B2B distribution in hospitality.” The group of investors reportedly “includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder… Read More

May 13, 2022 @ 7:51 am By Omar Faridi  |  

Token, an Open Banking platform supporting the transition from card to account-to-account bank payments across Europe, has acquired $40 million via a Series C round that was co-led by Cota Capital and TempoCap. Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures… Read More

May 12, 2022 @ 7:51 pm By Omar Faridi  |  

There’s no denying that the Middle East is “growing fast” and its restaurant scene is growing “even faster,” according to an update shared with CI. Dining in the UAE means “exploring one of the most diverse, vibrant, and delicious food destinations on the planet.” Restaurants… Read More

May 12, 2022 @ 8:25 am By Omar Faridi  |  

Elucidate, a financial crime risk management platform, has reportedly acquired $8 million in capital via a funding round that was led by AV8 Ventures, along with contributions from  Elevator Ventures, the corporate VC entity of Raiffeisen Bank International (RBI) and Tommy Nicholas, Founder and CEO… Read More

May 11, 2022 @ 11:15 am By Omar Faridi  |  

Paddle, the provider of a complete payments infrastructure for SaaS firms, recently announced that it has raised $200 million in Series D equity and debt financing “at a valuation of $1.4bn, making it the UK’s latest unicorn.” Led by KKR, an international investment firm, with… Read More

May 11, 2022 @ 7:55 am By Omar Faridi  |  

Tumelo, a UK-based firm that aims to help investment platforms and pension providers give investors key insights into which companies their money is being put into, and a voice on issues like board diversity and climate change, has acquired $19 million in capital. The Series… Read More