Tagged: investment round

August 18, 2021 @ 7:17 am By Omar Faridi  |  

Fintech Plaid has announced new funding from J.P. Morgan Private Capital Growth Equity and Amex Ventures. As mentioned in a note shared with CI, Plaid acquired additional capital from J.P. Morgan Private Capital Growth Equity Partners and existing investor Amex Ventures. The investments are part… Read More

August 17, 2021 @ 12:29 pm By Omar Faridi  |  

Ondo Finance reveals that it has secured $4 million in capital in order to bring “programmable” DeFi returns to investors with “a wide array” of risk preferences. The equity round has reportedly been led by Pantera Capital along with contributions from Genesis, Digital Currency Group,… Read More

August 16, 2021 @ 7:46 pm By Omar Faridi  |  

Chime revealed on Friday (August 13, 2021) that it secured $750 million in capital through a Series G round round that now values the Fintech Unicorn at $25 billion. Notably, that’s $10 billion more than what the company had reported in October 2020 (when it… Read More

August 16, 2021 @ 10:37 am By Omar Faridi  |  

Fintech firm Ualá has secured $350 million in capital at a $2.45 billion valuation. The company’s latest funding round is reportedly the largest private investment round ever for an Argentina-based business. Ualá’s Series D investment round has been co-led by Chinese tech giant Tencent and… Read More

August 13, 2021 @ 3:25 pm By Omar Faridi  |  

TaxBit has raised $130 million in capital through a Series B round at a $1.33 billion valuation in order to “disrupt” legacy tax information reporting. Michell O’Conner, VP of Marketing at TaxBit, says her team is pleased to finalize the massive round that was led… Read More

August 13, 2021 @ 8:17 am By Omar Faridi  |  

Appital, the equity capital marketplace, reveals that it has acquired £2.5 million in capital from Frontline Ventures and a number of “seasoned” capital markets angel investors to bring tech innovation and automation to the equity capital markets. This should help with improving efficiency. The proceeds… Read More

August 11, 2021 @ 8:53 am By Omar Faridi  |  

The team at Fintech Kroo notes that they say “money talks,” but how loud does £17.7 million “speak?” After hours of “great conversations” with potential investors, company CEO Andrea De Gottardo is pleased to share her excitement with everyone. Kroo has raised £17.7m through its… Read More

August 10, 2021 @ 10:00 am By Omar Faridi  |  

Liquality, which claims to be the first multi-chain browser extension wallet, has announced the completion of a $7 million funding round that was led by Hashed, Galaxy Digital, White Star Capital, Accomplice, Coinbase Ventures, among others. Founded in 2018, Liquality offers access to widely-used blockchain… Read More

August 9, 2021 @ 9:31 pm By Omar Faridi  |  

Dubai-headquartered personal finance and investment platform Sarwa has acquired $15 million in capital through a Series B round. Abu Dhabi’s sovereign investment company Mubadala Investment Company has led Sarwa’s latest investment round. Other investors that made contributions include 500 Startups, KIPCO, Shorooq Partners, MEVP, DIFC,… Read More

August 9, 2021 @ 8:52 am By Omar Faridi  |  

Paysme, a Fintech platform for small businesses, has announced its £1 million round via the private capital platform Globacap in order to expand what the company claims is Europe’s very first B2B “Super App.” Paysme is working closely with payment service providers such as Barclays,… Read More

August 8, 2021 @ 8:01 pm By Omar Faridi  |  

Digital banking challenger BigPay, which is one of the fastest-growing Fintechs in the ASEAN region, recently revealed that it has acquired $100 million in funding from South Korea’s conglomerate SK Group. As noted by its management: “BigPay [is] on a mission to challenge traditional banking… Read More

August 8, 2021 @ 6:19 pm By Omar Faridi  |  

UAE-headquartered Buy Now, Pay Later (BNPL) Fintech tabby has acquired $50 million in capital as part of its recent funding round. tabby’s Series B investment round has been led by Global Founders Capital and STV. Delivery Hero, CCVA and several other backers of tabby took… Read More

August 6, 2021 @ 2:43 pm By Omar Faridi  |  

Nymbus, an established provider of banking tech services, has secured $3 million in capital through a round that was led by OFG Ventures, LLC, which operates as a subsidiary of the OFG Bancorp (NYSE: OFG). As noted by its management: “A revolutionary alternative to the… Read More

August 6, 2021 @ 7:52 am By Omar Faridi  |  

Tallinn-headquartered Fintech firm Income has finalized a seed round led by Tolaram Fintech, which is part of Tolaram, a Singapore-based enterprise with key investments in consumer products, Fintech solutions, as well as infrastructure and more than $1.2 billion in annual revenues. Estonia‘s Income says that… Read More

August 5, 2021 @ 6:39 pm By Omar Faridi  |  

yellow.ai, a customer experience (CX) automation platform, “trusted” by over 700 enterprises internationally, reveals that it has acquired $78.15M through a Series C round, which was led by WestBridge Capital along with contributions from Sapphire Ventures, and Salesforce Ventures. As noted in a release shared… Read More

August 5, 2021 @ 7:56 am By Omar Faridi  |  

Switzerland’s Proptech firm emonitor recently revealed that it has acquired more than CHF 5 million through a Series A round in order to further develop key technologies for the “home” ecosystem. emonitor believes that a good home is the “cornerstone of happiness and well-being.” Their… Read More

August 2, 2021 @ 9:57 pm By Omar Faridi  |  

Forus Capital, a Saudi Arabia-headquartered Islamic P2P lending marketplace, has secured funding via a Series A round (for an undisclosed amount). As noted by its management: “Forus Capital [is an] Islamic debt marketplace that enables investors to invest in a marketplace of alternative loans targeted… Read More

August 2, 2021 @ 9:22 pm By Omar Faridi  |  

Cairo-headquartered CreditFins, a credit card management service provider, has acquired an undisclosed amount of capital via a pre-seed round. CreditFins’ investment round has been led by Flat6Labs, AUC Angels, TA Telecom Holding, along with contributions from other technology-focused angel investors. CreditFins has also graduated from… Read More

July 31, 2021 @ 7:44 pm By Omar Faridi  |  

NextPay, a digital platform that provides business owners and entrepreneurs with banking services, has acquired $1.6 million (more than P80 million) in capital via a seed round. As noted by its management: “NextPay is the best alternative to bank accounts for small businesses and entrepreneurs… Read More

July 29, 2021 @ 9:13 am By Omar Faridi  |  

Secured Finance, a platform provider for the crypto loans and the derivatives market, says it has acquired $4 million in capital as part of its “oversubscribed” seed round. The successful raise, with demand of “more than double” of Secured Finance’s initial target, has been co-led… Read More