Tagged: investment round

June 11, 2021 @ 8:27 am By Omar Faridi  |  

London-based TreasurySpring, the operator of a fixed-term fund platform, has secured $10 million in capital through a funding round that was led by MMC Ventures and the Anthemis Group. As noted by its management: “TreasurySpring is a financial technology company that is unlocking multi-trillion dollar… Read More

June 10, 2021 @ 9:17 pm By Omar Faridi  |  

Singapore-headquartered Fintech firm BondEvalue has secured $6 million in capital through its Series A round. The company has raised $10 million in total (to date). MassMutual Ventures Southeast Asia and Citigroup were the new investors in BondEvalue’s latest investment round and are now expected to… Read More

June 10, 2021 @ 7:02 am By Omar Faridi  |  

London-headquartered Fintech firm LemonEdge (previously doing business as LemonTree Software) has acquired $2.5 million in capital as part of an oversubscribed round that was led by Sidekick Partners, a venture firm with strong ties to the North American private equity industry. Sidekick Partners is joined… Read More

June 9, 2021 @ 4:59 pm By Omar Faridi  |  

Brazil-based banking challenger Nubank recently revealed that it has secured a total of $750 million in capital as part of two extensions of its latest Series G round. The Fintech firm reports raising $1.15 billion in total. During Nubank‘s first extension, the banking challenger acquired… Read More

June 9, 2021 @ 3:47 pm By Omar Faridi  |  

Canada’s Trulioo, a global identity and business verification solution provider, recently revealed that it has finalized a $394 million Series D round at a $1.75 billion valuation. Trulioo‘s latest investment round was led by TCV, an established growth equity company, along with contributions from existing… Read More

June 9, 2021 @ 8:28 am By Omar Faridi  |  

Germany-based Scalable Capital, a neo-broker and digital wealth management firm, has reportedly secured over $180 million (appr. €150 million) through a Series E round that was led by Chinese tech giant Tencent. Scalable Capital‘s latest investment round included contributions from existing shareholders. The company has… Read More

June 5, 2021 @ 5:40 pm By Omar Faridi  |  

Unchained Capital, Inc. recently revealed that it has completed the initial closing of a $25 million Series A round that was led by institutional Bitcoin tech and financial services provider, NYDIG and parent firm Stone Ridge Holdings Group. In addition to participating in the equity… Read More

June 4, 2021 @ 12:20 am By Omar Faridi  |  

Fintech startup Lightyear has secured $1.5 million through a pre-seed funding round. The company has also introduced its waiting list for Europe’s first “truly commission-free” investment platform. As noted in a release shared with CI, Lightyear‘s platform is scheduled for roll out in Q3 2021…. Read More

June 3, 2021 @ 11:18 pm By Omar Faridi  |  

Synctera, a startup that helps connect community banks and Fintech firms, has secured $33 million through a Series A round that was led by Fin VC and included contributions from Mastercard. The Synctera team notes: “We’re bringing community banks and FinTechs together. One part marketplace…. Read More

June 3, 2021 @ 9:21 am By Omar Faridi  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, revealed on Wednesday (June 2, 2021) that it has secured $100 million in capital through a Series C round, as alternative investments “heat up.” Michael Weisz, YieldStreet Co-Founder and President, told Yahoo Finance that… Read More

June 3, 2021 @ 7:41 am By Omar Faridi  |  

Switzerland-based Fintech firm neon has secured 7 million CHF (appr. $7.78 million) from existing investors and has also launched a crowdfunding round for clients. The neon team notes: “Excessive fees, inflexible opening times, too much bureaucracy and complicated apps. To us, it was clear: it… Read More

June 3, 2021 @ 7:36 am By Omar Faridi  |  

Sentinels, the Dutch company behind an AI-enhanced transaction monitoring system, has secured €5.7 million through a seed funding round. As explained on the company’s website: “Sentinels optimizes your existing anti-money laundering and transaction monitoring processes at the root by generating real-time actionable client insights. Your… Read More

June 2, 2021 @ 7:42 am By Omar Faridi  |  

Fintech firm Cushon, the pension and savings firm, revealed on Wednesday (June 2, 2021) that it has finalized a funding round of £26 million in order to finance its business expansion and product development, after its acquisition of a master trust pension scheme. Leading Cushon‘s… Read More

June 2, 2021 @ 2:43 am By Omar Faridi  |  

Fraudio, a startup founded by experts from the Dutch payment ecosystem, has reportedly secured  $3.3 million in capital via a seed round. The Fraudio team claims that they’ve spent two years developing a Cloud native, centralized AI and machine learning payment fraud detection solution for… Read More

June 1, 2021 @ 11:21 pm By Omar Faridi  |  

Qatar-headquartered Fintech firm Dibsy has acquired $300,000 through a pre-seed round that was led by Salem Khalaf Al Mannai along with participation from several angel investors. Dibsy’s management reveals that their investment round was finalized in late 2020. The Dibsy team notes: “Our brand is… Read More

June 1, 2021 @ 3:19 pm By Omar Faridi  |  

Berlin-based wefox, a leading digital insurance firm, has acquired $650 million in capital as part of a Series C round. wefox now reports a post-money valuation of $3 billion. This latest investment round represents the largest Series C to date for an Insurtech (internationally), according… Read More

June 1, 2021 @ 12:43 pm By Omar Faridi  |  

Wealth management providers are always looking to empower their customers with the best financial security and equitable access to the appropriate financial services. But they may be challenged because of the costly, inefficient, and outdated technology solutions being offered today. WealthOS is introducing what it… Read More

May 31, 2021 @ 7:46 pm By Omar Faridi  |  

India-based Jai Kisan, a Fintech startup that is focused on bringing modern financial services to the country’s rural areas, where commercial banking institutions have very low penetration rates, revealed on Monday (May 31, 2021) that it had acquired $30 million in capital through a new… Read More

May 30, 2021 @ 7:05 pm By Omar Faridi  |  

Karachi’s Seed Labs, which has developed a new trading app (called dTrade), has secured $6.4 million in capital through a seed funding round at a $50 million valuation. Seed Labs co-founders Ahmad Jawaid, Zabi Mohebzada, Rabeel Jawaid, and Yameen Malik have helped create the dTrade… Read More

May 27, 2021 @ 8:36 am By Samantha Hurst  |  

Wayflyer, a U.S.-based financing and growth platform to e-commerce merchants, announced on Thursday it secured $76 million through its Series A funding round, which was led by Left Lane Capital with participation from DST Global, QED Investors, Speedinvest, and Zinal Growth. Wayflyer reported it raised the… Read More