Tagged: investment round

August 12, 2020 @ 4:36 pm By Omar Faridi  |  

Routable, a Fintech firm that began operations in Seattle, has reportedly come out of stealth mode and confirmed it has secured $12 million in capital through a Series A investment round. Routable’s backers include Y Combinator, Founders’ Co-Op, Lee Fixel, Box Group, Liquid 2 Ventures,… Read More

August 11, 2020 @ 8:05 pm By Omar Faridi  |  

The Omnipresent Group, which focuses on offering assistance to remote workers, has secured $2 million in seed funding. The company claims that it acquired the funds “within six weeks” of the COVID-19 outbreak, so that it can offer a viable solution to support what it… Read More

August 9, 2020 @ 2:54 pm By Omar Faridi  |  

Amsterdam based Fintech firm Kinder has reportedly secured €500,000 in funding and may be planning to make an official announcement soon, according to Silicon Canals. The Fintech company could have raised more capital, however, some investors may have held back due to the economic challenges… Read More

August 7, 2020 @ 5:09 pm By Omar Faridi  |  

Ethereum based Uniswap, a leading non-custodial crypto token exchange, has reportedly secured $11 million through a Series A investment round. Uniswap’s latest funding round was led by giant VC firm Andreessen Horowitz. Union Square Ventures, Version One, Parafi Capital, Variant, SV Angel and A. Capital… Read More

August 6, 2020 @ 11:43 pm By Omar Faridi  |  

Splitit, an Australian Stock Exchange-listed (ASX:SPT) company that allows consumers to make payments in easy installments using their credit cards, has reportedly secured $71.5 million in capital through a private placement and share purchase agreement. Splitit is a Buy Now, Pay Later service provider that’s… Read More

August 6, 2020 @ 11:06 am By Omar Faridi  |  

Clik, a Cambodia-based Fintech firm, has reportedly acquired $3.7 million in seed funding. The company has also hired new staff members. Clik’s management noted that the funds raised would be used to expand its business operations, including its product engineering and customer service teams, in… Read More

August 6, 2020 @ 7:57 am By Omar Faridi  |  

London-based Sync., a bank account aggregation and personal financial management service established by Ricky Lee, who’s Revolut’s former head of product design and strategy, has secured £5.5 million through a seed funding round as the company plans to further expand its operations into European. Sync…. Read More

August 3, 2020 @ 6:49 pm By Omar Faridi  |  

Volante Technologies Inc., a provider of payments and financial messaging solutions in the cloud, revealed on August 3, 2020, that it has secured $35 million in growth equity financing. The latest investment into Volante’s operations was led by Wavecrest Growth Partners, along with participation from… Read More

August 1, 2020 @ 10:23 pm By Omar Faridi  |  

altFINS, a platform that allows users to screen, analyze, and trade crypto-assets, has secured more than €1 million in seed funding. altFINS’ round was led by CB Investment Management. The Fintech company said that the funds raised will be used to enhance the platform’s capabilities… Read More

July 29, 2020 @ 8:43 pm By Omar Faridi  |  

The developers of Injective Protocol, a “decentralized” derivatives exchange, have acquired $2.6 million through a seed funding round that was led by Pantera Capital. Injective Protocol has been incubated by Binance, the world’s largest digital asset exchange. Injective’s developers have also acquired investments from Axia8… Read More

July 29, 2020 @ 9:59 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Wednesday it secured $85 million through its latest investment round, which was led by Prosus’s PayU, at a $1.5 billion valuation. Generation Investment Management, Owl Rock Capital, Stripes, DN Capital, Top Tier, Princeville Global, and Threshold… Read More

July 29, 2020 @ 7:18 am By Omar Faridi  |  

Thought Machine, a core banking technology firm, has acquired an additional $42 million in capital as part of its massive Series B round – which brings the total funds raised during the round to $125 million. Thought Machine had secured $83 million via the Series… Read More

July 25, 2020 @ 5:38 pm By Omar Faridi  |  

Estonia-based Fintech firm Montonio has secured €500,000 in capital through a new pre-seed funding round. Charlie Songhurst from Katana Capital and (previously) Google, and Triin Hertmann (former COO at TransferWise) and Martin Sokk (first head of product at TransferWise) took part in the round. Other… Read More

July 25, 2020 @ 4:33 pm By Omar Faridi  |  

Brazil-based Solfácil, a Fintech firm focused on helping with financing the installation of solar panels in homes, is reportedly looking to expand its operations after acquiring additional funding. In statements shared with BNamericas, Fábio Carrara, the founder and CEO, stated that the company is currently… Read More

July 24, 2020 @ 6:04 pm By Omar Faridi  |  

London-based Selina Finance, an online lender that provides secured home equity loans at competitive rates, has secured £42 million in capital through a Series A funding round. The funding reportedly includes £12 million in equity from Picus Capital and Global Founders Capital and £30 million… Read More

July 24, 2020 @ 9:03 am By Omar Faridi  |  

Quantexa, a platform that aims to prevent financial crime, has acquired $64.7 million in funding with support from financial giants HSBC and ABN Amro Ventures. Quantexa’s recent investment round was led by Evolution Equity Partners. Accenture Ventures,  AlbionVC, British Patient Capital, and Dawn Capital also… Read More

July 23, 2020 @ 11:15 pm By Omar Faridi  |  

IslamicMarkets Ltd, an established learning and market intelligence provider for Islamic financial and commercial markets (with offices in London and Kuala Lumpur), has reportedly acquired additional funding from the DDCAP Group. Both companies are committed to expanding the global Islamic economy and supporting the development… Read More

July 23, 2020 @ 7:51 am By Omar Faridi  |  

Munich-based Scalable Capital, a company that has developed a platform to monitor and manage investment portfolios, has secured €50 million in capital through a Series D investment round led by Barclays Bank. Scalable Capital, which offers a digital wealth management platform, also received investments from… Read More

July 22, 2020 @ 11:45 pm By Omar Faridi  |  

During the past few years, initial coin offerings (ICOs) and initial exchange offerings (IEOs) have raised billions of dollars in funding for various so-called “decentralized” blockchain initiatives. Most of these projects have been scams or have just been really bad ideas that never really materialized…. Read More

July 22, 2020 @ 9:51 am By Omar Faridi  |  

Singapore-based Percipient, a digital banking technology firm, has reportedly secured SGD $7 million (appr. $5 million) in capital from Stat Zero, a California headquartered VC firm. Percipient said that the funds raised will be used to support the upcoming launch of the company’s “digital twin… Read More