Tagged: investment round

February 8, 2022 @ 10:09 pm By Omar Faridi  |  

Streetbeat, a free investing and trading app for stock and virtual currencies with a proprietary marketplace of investment strategies, announced that it has finalized a $10 million seed funding round led by TTV Capital with additional contributions from investors including Seraph Group and AAF Management… Read More

February 8, 2022 @ 8:46 am By Omar Faridi  |  

Thincats, a UK-based lending platform, has secured £100 million in additional funding. As noted in a blog post by Thincats, the new capital will be deployed by the platform’s management as a senior finance line in order to support SMEs across the United Kingdom and… Read More

February 8, 2022 @ 8:22 am By Omar Faridi  |  

Chargebee, a subscription management and recurring billing platform, has acquired $250M in additional capital at a $3.5B valuation. Thrilled to announce that @Chargebee has raised $250M at a $3.5B valuation.🚀We are grateful to our investors, customers, partners & team who have supported our vision to… Read More

February 7, 2022 @ 8:47 pm By Omar Faridi  |  

Commonwealth Bank of Australia has reportedly joined a $31 million round in property tech firm OwnHome, which claims it can get thousands of first-time home buyers out of regular renting by leveraging a model, somewhat similar to Buy Now, Pay Later, which eliminates the requirement… Read More

February 5, 2022 @ 1:07 am By Omar Faridi  |  

London-headquartered Fintech Fiat Republic recently announced that it has acquired $3.5 million in seed funding from EU tech investors Speedinvest, Seedcamp, and Credo. The startup, which is building a compliance-first, e-money-regulated banking and payments API, is looking to “drastically reduce the time and cost of… Read More

February 4, 2022 @ 3:45 pm By Omar Faridi  |  

LemonEdge, a modern, low-code accounting platform supporting the private capital industry, has finalized a $4 million round, which was led by Blackstone Innovation Investments along with contributions from existing investors Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market tech)… Read More

February 4, 2022 @ 3:26 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, has secured $60M in Series B funding led by SoftBank Latin America Fund. Coinbase Ventures also participated in the investment round, which included contributions from existing investors BECO Capital, QED Investors, and Rising Tide. In… Read More

February 3, 2022 @ 9:39 pm By Omar Faridi  |  

MRHB DeFi, which claims to be the first decentralized finance ecosystem platform focused on ethical, sustainable and halal cryptocurrency-related opportunities, has secured $5.5 million via a series of private and public rounds which culminated in an initial DEX offering (IDO) that was “oversubscribed” on the… Read More

February 3, 2022 @ 8:47 am By Omar Faridi  |  

Proprietary straight-through processing (STP) payments platform Billhop – which provides businesses process and capital efficiencies based on credit card infrastructure –  has acquired €10.5 million in capital, via a round led by EQT Ventures along with contributions from Element Ventures (currently awaiting SFSA approval). The… Read More

February 2, 2022 @ 3:31 pm By Omar Faridi  |  

C2FO, which claims to be largest global platform for working capital, has shared details of its record-setting business growth last year, “highlighted by the $54.7 billion in funding that the company enabled for businesses worldwide, an increase of 57% versus 2020 totals.” Beyond transaction volumes,… Read More

February 1, 2022 @ 5:31 pm By Omar Faridi  |  

Qlub, a company creating a fast payment solution for consumers in restaurants, has secured $17 million via a seed round. Qlub’s investment round has been co-led by Cherry Ventures and Point Nine along with contributions from other several VCs such as STV, Raed Ventures, Heartcore,… Read More

January 31, 2022 @ 8:08 am By Omar Faridi  |  

Fintech firm Bizi, which offers SMBs in Israel with credit lines, has secured $7.5 million through a seed funding round. Bizi’s investment round has reportedly been led by Israeli-founded Fintech BlueVine, whose tech will be used by Bizi, along with Israeli insurance firm Phoenix and… Read More

January 28, 2022 @ 1:01 pm By Omar Faridi  |  

In 2017, the team at CoinTracker began “tinkering” with cryptocurrency. CoinTracker writes in a blog post that they set up accounts on several different exchanges and started using a bunch of digital wallets. The company points out that while exchanges and virtual wallets have made… Read More

January 28, 2022 @ 9:29 am By Omar Faridi  |  

The team at Fireblocks has announced that they’ve acquired $550 million in capital through a Series E round. This brings Fireblocks‘ valuation to $8 billion, making the Fintech firm “the highest-valued digital asset infrastructure provider in the world.” As mentioned in the update from Fireblocks:… Read More

January 27, 2022 @ 8:35 am By Omar Faridi  |  

Tuum, the next-gen core banking platform, has announced a €15 million Series A round. Portage Ventures is leading Tuum’s investment round, along with contributions from existing investors Blackfin Capital Partners and Karma Ventures. As mentioned in the update, the proceeds should enable the core banking… Read More

January 27, 2022 @ 8:31 am By Omar Faridi  |  

West Realm Shires Services Inc. (FTX US) has announced the closing of a $400 million Series A round valuing the firm at $8 billion. As mentioned in an update shared with CI, this investment round is notably the first for FTX US and included contributions… Read More

January 25, 2022 @ 8:36 pm By Omar Faridi  |  

Sayata, the marketplace for insurance brokers and carriers to scale their business insurance portfolios, recently announced the addition of $35 million to the previous $17 million secured just five months ago, for a total A round valued at $52 million. The additional raise has reportedly… Read More

January 25, 2022 @ 8:05 am By Omar Faridi  |  

Everything, a UK-based Fintech firm focused on reinventing premium bonds with a social spin, has secured €2 million from angel investors. Merama CEO Sujay Tyle, Frontier Car Group founders Peter Lindholm and Ricardo Donoso, along with Axel Arigato co-founder Albin Johansson have all reportedly joined… Read More

January 24, 2022 @ 10:47 pm By Omar Faridi  |  

M2P Fintech, which claims to be one of Asia’s leading financial Infrastructure firms, has announced a $56 million Series C1 raise that was led by New York-headquartered global private equity and VC firm Insight Partners M2P Fintech further revealed that their investment round included contributions… Read More

January 24, 2022 @ 9:42 pm By Omar Faridi  |  

Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More