Tagged: investment

DFS Lab Accelerator Announces New Investments in African & Asian Fintech Startups

Digital Financial Services Lab (DFS Lab), a fintech accelerator funded by the Bill and Melinda Gates Foundation,  announced on Thursday it will invest $200,000 in four separate startups that are building financial service products for low-income and unbanked consumers in developing markets. Cherehani Africa (Kenya), NALA (US), Nobuntu (South… Read More

Wunder Capital Milestones: Raises $112 Million in Financing To Fuel Commercial Solar Growth in the U.S.

Wunder Capital, a firm that develops and manages solar investment funds through partnerships, test processes, underwriting framework and its investment portal, announced on Wednesday it secured $112 million in equity and debt financing to accelerate the growth of the company. Founded in 2013, Wunder Capital… Read More

DiversyFund Debuts $50 Million Growth Fund for Multifamily and Commercial Real Estate Deals

DiversyFund, a real estate crowdfunding marketplace, announced on Monday it has launched its Commercial and Multifamily Real Estate Growth Fund. The funding portal reported that investors in this fund will own shares of a variety of real estate investments, with 80% of the fund dedicated to… Read More

Singapore Fintech Silot Secures $2.7 Million Through Pre-Series A Funding Round led By Arbor Ventures & Eight Roads Ventures

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

Regions Bank Announces Partnership With Fintech Mortgage & Consumer Digital Lending Tech Platform Lender Price

Regions Bank announced on Thursday it has invested in and formed a partnership with fintech mortgage and consumer digital lending technology platform provider, Lender Price. According to the bank, the duo will focus on streamlining Regions’ digital process and simplify interaction between banks, borrowers, and… Read More

UK Fintech Liberis Secures £57.5 Million in Combined Funding From British Business Investments, Paragon Bank, BCI Finance, & Blenheim Chalcot

Liberis, a UK-based fintech, announced on Wednesday it secured £57.5 million in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. According to Liberis, the new facility and equity investment will accelerate our growth to help support an estimated 100,000 UK jobs by… Read More

Ripple Announces $25 Million in XRP Investment in Blockchain Capital Fund

On Wednesday, California fintech Ripple announced it invested $25 million in XRP to Blockchain Capital Parallel IV, LP, a fund that accepts capital calls in digital assets and focuses entirely on the development of the blockchain space. According to Ripple, the $150 million, which is fund managed by Blockchain Capital,… Read More

JPMorgan Invests in UK Fintech AccessFintech Through Series A Funding Round

AccessFintech, a UK-based fintech firm, announced on Tuesday that JPMorgan has invested in the company through its Series A funding round. AccessFintech also revealed it has joined JPMorgan’s exclusive In-Residence program, which is described as a program designed to assist emerging fintech companies that are looking… Read More

GSVlabs Raises $7 Million Through Series B Financing Round; Appoints Nikhil Sinha As New CEO

California-based startups innovation hub GSVlabs announced on Monday it secured $7 million through its Series B financing round, which was led by a syndicate of private investors, including partners from the leading Latin American asset manager HMC Capital. Founded in 2012, GSVlabs engages with startups, corporations, international agencies, mentors,… Read More

PeerStreet Secures $29.5 Million Through Series B Funding Round to Further Transform Real Estate Investing

PeerStreet, an online platform for investing in real estate backed loans, announced on Friday it secured $29.5 million through its Series B funding round to further transform real estate investing. The round was led by World Innovation Lab. with participation from existing investors Andreessen Horowitz, Thomvest,… Read More

Barbados Fintech Bitt Announces Investment Partnership With Overstock.com

Bitt, a Barbados-based fintech company, announced this week it closed its Series A investment round with an investment from retail giant Overstock.com of $16 million, placing the company’s valuation at $50 million. Founded in 2013, Bitt states it utilizes distributed ledger technology to improve speed, efficiency,… Read More

BitPay Secures $40 Million Through Extended Series B Funding Round

Blockchain payments technology platform BitPay announced it has secured $40 million through its extended Series B funding round, which included participation from Menlo Ventures, Capital Nine, G Squared, Nimble Ventures (an affiliate of Passport Capital) and Delta-v Capital as well as individual investments from Christopher Klaus Family Office,… Read More

U.S. Insurtech Oscar Secures $165 Million Through Latest Investment Round Led By Brian Singerman & Founders Fund

Oscar Health, a U.S.-based insurtech, announced last week it has raised $165 million through its latest investment round led by Brian Singerman and Founders Fund. Founded in 2013, the company stated it is focused on utilizing technology, design, and data to humanize healthcare. “We’re a group… Read More

Ohio Insurtech Root Insurance Completes Series C Round With $51 Million in Funding

Root Insurance, an Ohio-based car insurtech company, announced last week it secured $51 million in funding through its Series C round, which was led by Redpoint Ventures, with Scale Venture Partners and existing partners Ribbit Capital and Silicon Valley Bank Capital Partners.  Founded in 2015, Root described itself… Read More

Israel Insurtech Atidot Secures $5 Million Through Series A Funding Round Led By Vertex Ventures

Atidot, an Israel-based insurtech company empowering the life insurance industry with big data and predictive analytics, announced last week it secured $5 million through its Series A funding round, which was led by Vertex Ventures with the participation of existing investors The D.E. Shaw Group, Moneta Seeds, and… Read More

Credit Karma Secures $500 Million Strategic Secondary Investment From Silver Lake

On Wednesday, Credit Karma announced it secured a $500 million strategic secondary investment from technology investment firm Silver Lake. According to Credit Karma, Silver Lake will acquire a significant minority in the company. Founder and CEO Kenneth Lin will remain the largest shareholder, and together with co-founders Nichole… Read More

LendingCrowd Secures £2 Million Through Latest Investment Round Led By Equity Gap

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, announced on Wednesday it secured £2 million through its latest investment round, which was led by Equity Gap and included a number of prominent private investors from Scotland’s entrepreneurial and finance scene and the… Read More

Oodle Car Finance Secures $100 Million Warehouse Facility From Citi

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and dealers. “In this fast-paced world owning a car should be affordable for… Read More

Fintech Startup Canopy Secures $30 Million Through Latest Funding Round Led By New Enterprise Associates

Fintech startup and practice management platform for tax professionals, Canopy, announced on Tuesday it secured $30 million through its latest funding round, totaling $60 million secured to date. The funding round was led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures,… Read More

Cloud-Based Insurtech Insly Secures €2.2 Million Through Latest Investment Round Led By Concentric & Black Pearls VC

Insly, a cloud-based insurance platform, announced last week it secured €2.2 million during its latest investment, which was led by Concentric and Black Pearls VC. Founded in 2000, Insly describes itself as an insurance software development company that offers insurance policy management for insurance brokers, insurance… Read More