Tagged: investment round

May 10, 2022 @ 11:18 pm By Omar Faridi  |  

Neo Financial is pleased to confirm that they recently secured $185 million in new funding “to continue building better, more modern financial services for all Canadians.” According to Neo Financial, this is “a historic milestone for [them,] as [they] are now one of only a… Read More

May 10, 2022 @ 8:12 am By Omar Faridi  |  

Legaltech company PocketLaw recently confirmed that it has finalized a €10 million Series A round that was led by European venture capital firm, Atomico. Targeting legal services for small and medium-sized firms, PocketLaw’s (software-as-a-service) SaaS platform provides contract creation, legal discovery, execution, storage, and various… Read More

May 8, 2022 @ 11:31 pm By Omar Faridi  |  

Czech company DoDo Group, “specialists” in last-mile B2B logistics tech, recently announced a €60 million Series B round led by EC Investments and J&T Capital. The funds will be used “to further develop DoDo’s data-driven logistics platform and drive the group’s expansion into Western and… Read More

May 7, 2022 @ 1:36 pm By Omar Faridi  |  

Kaleidofin, a Fintech firm from India, has finalized a second close to its $15 million Series B equity round. The company’s latest investment round has been led by the Michael and Susan Dell Foundation. The recent round takes the total funding secured by Kaleidofin to… Read More

May 6, 2022 @ 5:47 pm By Omar Faridi  |  

SaaScada, the Cloud native Core banking platform provider, recently announced it has secured £2.5 million in seed funding “from over ten investors – including leading figures from the banking and private investment sectors.” The SaaScada Cloud native platform “allows Fintechs and challenger banks to launch… Read More

May 6, 2022 @ 7:55 am By Omar Faridi  |  

KoinBasket, a Singapore-headquartered digital asset investment platform, recently finalized a $2 million pre-seed round. KoinBasket says that it plans to use the proceeds from the investment round to further expand its professional team and onboard talent. The round has reportedly been led by investors such… Read More

May 5, 2022 @ 7:53 am By Omar Faridi  |  

Scalapay, a European Buy Now – Pay Later provider, has announced a $27 million investment from Poste Italiane, which is Italy’s largest service infrastructure network and claims to be one of the largest payment card issuers in Europe, in a Series B extension. Scalapay is… Read More

May 4, 2022 @ 10:32 pm By Omar Faridi  |  

Kard, the rewards-as-a-service API that connects modern card issuers to the brands their cardholders really love, recently announced that it has secured $23 million via a Series A round led by Tiger Global. Also participating in the investment round are Fin Capital, s12f, and existing… Read More

May 4, 2022 @ 8:27 am By Omar Faridi  |  

Kevin., a Lithuania -headquartered account-to-account payments Fintech, has acquired $65 million via a Series A round that has been led by Accel. Eurazeo, OTB Ventures, Speedinvest, OpenOcean, Global Paytech Ventures, and a host of angels joined the company’s latest investment round, which has come only… Read More

May 3, 2022 @ 10:02 pm By Omar Faridi  |  

Open Financial Technologies has reportedly acquired $50 million in capital via a Series D funding round that was led by IIFL Finance. Existing investors Tiger Global, Temasek and 3one4 Capital have also made contributions to  Open Financial Technologies latest investment round. Neobanking platform Open Financial… Read More

May 3, 2022 @ 12:17 pm By Omar Faridi  |  

BarRaiser, which claims to be a “groundbreaking” AI-enhanced smart interviewing platform, has announced that it acquired $4.2 million in seed financing. The firm’s investment round was “led by 021 Capital and Global Founders Capital, with participation from other angel investors.” As noted in an update… Read More

May 3, 2022 @ 9:56 am By Omar Faridi  |  

Line, the firm building a “modern” inclusive financial network, announced that it has secured $25 million in equity and debt, with Massive leading the funding round. As mentioned in an update shared with CI, Line is a Public Benefit Corporation mission-driven “to deliver unprecedented access… Read More

April 29, 2022 @ 6:59 pm By Omar Faridi  |  

CoreChain Technologies, the “first” digital B2B payments network built on blockchain, has  announced that it acquired $4.2 million in seed funding. CoreChain’s investment round was reportedly led by Ulu Ventures along with contributions from other existing investors such as Connecticut Innovations, Bloccelerate VC and New… Read More

April 28, 2022 @ 2:53 pm By Omar Faridi  |  

Ondo Finance has finalized a $20 million Series A to accelerate the adoption of DeFi “among mainstream investors.” This latest investment round was led by Founders Fund, the venture capital firm founded by Peter Thiel, and Pantera Capital. The funding will “allow Ondo to build… Read More

April 28, 2022 @ 9:45 am By Omar Faridi  |  

Venly, a “major” blockchain tech provider from Belgium, announced that it has secured over €21 million (appr. $23 million) in Series A funding, led by Courtside Ventures along with contributions from Transcend Fund, Coinbase Ventures, Tioga Capital, High-Tech Gründerfonds, Fortino, Plug and Play, Leadblock Partners,… Read More

April 28, 2022 @ 1:07 am By Omar Faridi  |  

Conjura, which claims to be the leading e-commerce data analytics platform, recently announced that it secured €15 million in Series A funding. The investment round was co-led by Act Venture Capital and MiddleGame Ventures, along with contributions from Tribal VC. Conjura will use the capital… Read More

April 27, 2022 @ 10:00 pm By Omar Faridi  |  

FT Partners recently shared their Q1 2022 Fintech Insights Report. As noted in the update from FT Partners, it has been a record year for financing in Fintech. The firm is internationally known for its expertise in the Fintech industry. FT Partners has associations with… Read More

April 27, 2022 @ 6:54 pm By Omar Faridi  |  

PayByCar, Inc., the mobile payments Fintech responsible for offering pay-by-text payments at gas stations across Massachusetts, has confirmed the completion of a $4 million seed round of funding. Anand Raman, President, and co-founder of PayByCar, stated: “Following a string of successes since our 2020 pre-seed… Read More

April 25, 2022 @ 5:14 pm By Omar Faridi  |  

Scroll, an EVM-compatible zk-Rollup project to scale Ethereum and “create a platform that is friendly for users onboarding crypto,” recently secured $30 million from researchers and developers, members of the Ethereum community, and investment firms “including Polychain Capital, Bain Crypto, Geometry DAO, and Mapleleaf Capital.”… Read More

April 23, 2022 @ 4:17 pm By Omar Faridi  |  

MetaLend, the bank for the new digital economy, recently announced the closing of a $5 million seed round of financing, “led by Pantera Capital.” MetaLend’s investment round also included contributions from Collab+Currency, investor and board member of Sky Mavis; Ancient8, Vietnam’s largest gaming guild, and… Read More