Tagged: investment

UK Digital Assets Custodian Copper Secures $8 Million Through Series A Funding Round

Copper.co, a UK-based custodian for digital assets, announced on Monday it has raised $8 million through its Series A funding round to grow globally by expanding its commercial team and launching new products. Institutional investors in this round include international investment firm  Target Global, LocalGlobe, … Read More

U.S. Restaurant Management Fintech Toast Raises $400 Million Through Series F Funding Round

Toast, a U.S.-based restaurant management fintech platform, announced on Friday it secured $400 million through its Series F funding round, which was led by Bessemer Venture Partners, TPG, Greenoaks Capital, and Tiger Global Management with participation from Durable Capital Partners LP, TCV, funds and accounts… Read More

Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee

Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Thursday it has acquired healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which… Read More

U.S. Fintech Reggora Secures $10 Million Through Series A Funding Round Led By Spark Capital

Reggora, a U.S. fintech that specializes in residential appraisal software, announced on Thursday it secured $10 million through its Series A funding round, which was led by Spark Capital. Founded in 2016, Reggora describes itself as a modern appraisal technology company that provides mortgage lenders… Read More

Wells Fargo Strategic Capital Joins Cryptocurrency Platform Elliptic’s Financing Round, Bringing Total Series B Investment to $28 Million

Elliptic, a  provider of cryptoasset risk management solutions, announced on Thursday Wells Fargo Strategic Capital (WFSC) has joined its Series B funding round, bringing the total amount raised to over $28 million.  The investment round’s participants also included SBI Group and Santander InnoVentures.  Founded in… Read More

Irish Fintech Fenergo Raises $80 Million Through Latest Investment Round Led By ABN AMRO Ventures & DXC Technology

Ireland-based fintech company Fenergo announced on Wednesday it secured $80 through its latest investment round, which was led by ABN AMRO Ventures and DXC Technology. Founded in 2009, Fenergo describes itself as a digital enabler of client and regulatory technology for financial services. The company… Read More

U.S. Cross-Border Consumer Credit Reporting Startup Nova Credit Secures $50 Million Through Series B Funding Round

Nova Credit, a U.S. cross-border consumer credit reporting startup, today announced it raised $50 million through its Series B funding round, which was led by Kleiner Perkins with participation from Canapi Ventures, Index Ventures, General Catalyst, and Nyca Partners. Nova Credit reported that the funds… Read More

French Fintech EasyEuro Secures $4 Million Through Latest Funding Round to Launch Neobank For SME traders between Europe & Asia

EasyEuro, a France-based fintech startup, announced this week it secured $4 million through its latest investment round, which was led by Shanghai-based Ally Capital, with participation from seed investors SwiftPass, Geoswift, Huashan Capital and Unity Assets. The funds will be used to launch EasyEuro’s neobank… Read More

Australian Consumer Marketplace Lender SocietyOne Announces Warehouse Facility & $15 Million Investment

Australia-based marketplace lender SocietyOne announced on Monday it has established a warehouse facility arranged by NAB, alongside securing $15 million through its recent equity raise, to support growth. According to SocietyOne, the warehouse facility is also scalable to support the lender’s continued growth, as borrowers… Read More

UK-Based Compliance Tech & Data Analytics Firm SteelEye Raises $10 Million Through Series A Funding Round Led By Eight Roads’ FinTech Strategic Investments Team

SteelEye, a UK-based compliance technology and data analytics firm, announced on Modnahy it has raised $10 million through its Series A funding in a round led by the FinTech Strategic Investments team at Eight Roads, a proprietary investment firm backed by Fidelity. Founded in 2017,… Read More

Starling Bank Secures £60 Million Through Latest Funding Round; Brings Total Investment in the Challenger Bank to £323 Million

UK-based digital banking group Starling Bank has reportedly secured £60 million from existing investors Merian Global Investors and Harry McPike’s JTC. The banking group has successfully raised £323 million and the latest funding follows two investment rounds of £105 million, which were led by Merian in 2019…. Read More

UK Fintech Rimilia Raises $15 Million Through Latest Investment Round

Rimilia, a UK-based SaaS fintech, announced earlier this week it raised $15 million through its latest investment round, which saw participation from Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. The company, which was founded in 2008, revealed it provides intelligent, finance automation… Read More

U.S. Fintech Startup Zero Secures $100 Million Credit Facility From Neuberger Berman

Zero, a U.S. fintech startup, announced on Wednesday it secured a $100 million revolving line of credit facility from a fund managed by the investment manager, Neuberger Berman. Founded in 2016, Zero claims to be the first modern banking experience to combine the simplicity of… Read More

Cryptographic Settlement Solutions Developer Transparent Financial Secures $14 Million Though Series A Funding Led By Pantera Capital With Participation From Square

Transparent Financial Systems, Inc., a U.S.-based startup that’s developing on-demand, 24/7/365, cryptographic settlement solutions, announced on Wednesday it secured $14 million through its Series A financing round, which was led by Pantera Capital with participation from Square, Inc., Future\Perfect Ventures, IDEO Colab Ventures, Digital Currency… Read More

Mexico Digital Banking Startup Stori Raises $10 Million Through Series A2 Financing Round Co-Led By Bertelsmann Investment & Source Code Capital

Stori, a Mexico-based digital banking startup, announced on Tuesday it secured $10 million through its Series A2 funding round, which was co-led by Bertelsmann Investments (BI) and Source Code Capital, with participation from existing investor Vision Plus Capital.  Stori has so far raised more than… Read More

Grab Announces Acquisition of Wealth Tech Startup Bento

Singapore-based ride-hailing company Grab announced on Tuesday it is set to acquire Bento Invest Pte Ltd, a Singapore-based robot-advisory startup. Grab reported that with the acquisition, Bento will be rebranded to GrabInvest, which will be a new core business vertical under Grab’s financial services arm,… Read More

U.S.-Based Payments Infrastructure Platform Finix Secures $35 Million Through Series B Funding Round Led By Sequoia Capital

Money Benjamin Dollars 100

Finix, a payments infrastructure platform based in the U.S., announced on Tuesday it secured $35 million through its Series B funding round, which was led by Sequoia Capital with participation from Acrew Capital, Bain Capital Ventures, Activant Capital, and Inspired Capital. The funding round comes… Read More

Insurtech Startup Figo Pet Insurance Receives $5 Million Investment From Independence American Insurance Company For 4% Equity Stake

U.S.-based insurtech startup, FIGO Pet Insurance recently announced it received a $5 million investment for a 4% equity stake from underwriting partner Independence American Insurance Company (IAIC), a member of the IHC Group, placing Figo’s valuation at $125 million. FIGO offers a combination of comprehensive insurance policies to protect… Read More

Insurtech Startup Slope Software Raises $1 Million Through Seed Funding Round Led By Tech Venture Fund Cofounder Capital

Slope, an Atlanta-based software as a service company, announced earlier this week it raised $1 million through its latest seed funding round, which was led by tech venture fund Cofounders Capital. Founded in 2015, Slope described itself as an actuarial financial projection modeling software company, designed… Read More

U.S. Insurtech Policygenius Secures $100 Million Through Series D Funding Round Led By KKR

Policygenius, a U.S.-based online insurance marketplace, announced on Thursday it secured $100 million through its Series D funding round, which was led by global investment firm KKR, with participation from Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures and Transamerica Ventures…. Read More

Send this to a friend