Tagged: investment round

September 1, 2021 @ 3:28 pm By Omar Faridi  |  

UK-headquartered micro-investing platform Wombat Invest has appointed David Davies, the ex-Chief Information Officer at Hargreaves Lansdown, and former eToro Managing Director Iqbal Gandham to its advisory board. These appointments have been made as the company prepares a  £10m Series A round in order to support… Read More

August 31, 2021 @ 11:28 pm By Omar Faridi  |  

Singapore-based Zipmex, a digital assets platform, has secured $41 million through a Series B round which was led by Bank of Ayudhya’s VC division, Krungsri Finnovate. Zipmex‘s latest investment round is joined by Plan B Media Public Company Ltd, Master Ad Public Company Ltd, MindWorks… Read More

August 31, 2021 @ 7:22 am By Omar Faridi  |  

Alpaca, a commission-free stock brokerage platform that provides APIs for Fintech-related apps to connect and trade in US stocks, reveals that it has finalized a $50 million Series B “on the heels” of driving 1500% YTD growth in brokerage accounts and “expanding partnerships” across Europe,… Read More

August 30, 2021 @ 9:17 pm By Omar Faridi  |  

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More

August 30, 2021 @ 9:00 am By Omar Faridi  |  

Hats has secured $3.5 million in seed funding in order to create an “incentivized” cybersecurity network. Hats is now live with Liquity and Kleros bounty vaults, according to an update shared with CI. Hats is described as a “decentralized” cybersecurity incentive network “governed by its… Read More

August 29, 2021 @ 11:00 pm By Omar Faridi  |  

Ethis Global Sdn Bhd, which operates “regulated” Shariah-compliant, “ethical” and impact focused investment crowdfunding platforms in Indonesia and Malaysia and social finance platform GlobalSadaqah, recently revealed that it finalized an RM6.8 million (appr. $1.62 million) pre-Series A round. The proceeds have will be allocated towards… Read More

August 26, 2021 @ 7:04 am By Omar Faridi  |  

In yet another sign that the day trading craze is here to stay (due in part to permanent changes in consumer behavior following the COVID outbreak), a pre-product stock trading Fintech has bagged $10 million via a seed round. Shares.io, a Fintech firm launched this… Read More

August 25, 2021 @ 9:31 am By Omar Faridi  |  

Bitcoin-focused firm Blockstream reveals that it has secured $210 million in capital as part of their Series B round at a $3.2 billion valuation. Blockstream’s investment round was led by Baillie Gifford and iFinex, the operator of Bitfinex. As mentioned in the announcement, this new… Read More

August 25, 2021 @ 8:19 am By Omar Faridi  |  

SoftPOS Fintech firm Phos has acquired €2 million in capital as it gets ready for a Series A round later in 2021. Established in 2018, Phos assists merchants with accepting payments directly with a card tap via Android mobiles, eliminating the requirement for a separate… Read More

August 24, 2021 @ 9:51 pm By Omar Faridi  |  

OpenSwap has secured more than $1M in a “strategic” funding round for an integrated DeFi Hub, according to an update shared with CI. OpenSwap, an integrated DeFi Hub built as an “interchain, decentralized liquidity booster for traders,” finalized its latest investment and raised $1 million+…. Read More

August 24, 2021 @ 8:38 am By Omar Faridi  |  

Newly-introduced SME bank, Recognise Bank, reveals that it has acquired £14 million in funding, which includes a recent investment from one of its existing shareholders. The capital injection means that Recognise Bank has now satisfied the financial requirements established by the PRA (Prudential Regulation Authority),… Read More

August 24, 2021 @ 7:38 am By Omar Faridi  |  

It’s been almost a year since Briqpay unveiled the launch of its B2B checkout solution together with the closing of a €606K pre-seed round. On Tuesday (August 24, 2021), Briqpay announced the closing of a €2M seed round that has been co-led by partners from… Read More

August 24, 2021 @ 7:34 am By Omar Faridi  |  

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

August 22, 2021 @ 7:28 pm By Omar Faridi  |  

Indonesia’s Lifepal, a digital direct-to-consumer (D2C) insurance marketplace, reveals that it has acquired an oversubscribed $9 million through a Series A round, bringing the total capital secured by the firm to $12 million. As noted by its management, Lifepal is the largest insurance marketplace in… Read More

August 22, 2021 @ 5:38 pm By Omar Faridi  |  

Canada’s travel technology firm Hopper recently finalized a $175 million Series G round that was led by New York-based GPI Capital. As noted by its management: “At Hopper, we’re on a mission to build the most customer-centric travel company on earth. We are leveraging the… Read More

August 22, 2021 @ 4:36 pm By Omar Faridi  |  

The Philippine Digital Asset Exchange (PDAX), a virtual currency exchange that’s licensed by the Bangko Sentral ng Pilipinas (BSP), the nation’s central bank, revealed earlier this week that it had secured $12.5 million in capital. PDAX‘s investment round has reportedly been led by an unnamed… Read More

August 22, 2021 @ 2:21 pm By Omar Faridi  |  

Fintech Collective, a VC company that’s focused on creating the “future” of financial services by investing across traditional Fintech and emerging crypto-assets, revealed on Friday (August 20, 2021) that it has raised capital, as part of its existing early-stage strategy and for its new strategy… Read More

August 18, 2021 @ 1:35 pm By Omar Faridi  |  

The team at Figment is pleased to confirm that during Q2, they secured $50 million from institutional as well as strategic partners in the “largest funding round to date for any staking provider.” As mentioned in the update from Figment: “Led by Senator Investment Group… Read More

August 18, 2021 @ 11:26 am By Omar Faridi  |  

Branch, which helps businesses “accelerate” payments to “empower” working Americans, revealed on August 17, 2021 that it has secured more than $540 million in capital to “fuel its momentum in delivering flexible workforce payments.” Addition has reportedly led the closing of a $48 million Series… Read More

August 18, 2021 @ 7:45 am By Omar Faridi  |  

The beginning of 2021 marked a key milestone moment for Bitpanda, as the digital investment platform achieved Unicorn status. Bitpanda notably became the very first Austrian firm to exceed the billion-dollar valuation mark. It took them around 7 years to go from 0 to a… Read More