Tagged: investment

FundGuard Secures $4 Million in Seed Funding & Launches Investment Management SaaS Platform

FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More

Pakistani Non-Bank Microfinance Tez Financial Services Secures $1.1 Million Through Seed Round Led By Omidyar Network

Tez Financial Services, a Pakistan-based fully digital Non-Bank Microfinance Company (NBMFC),  announced on Friday it secured $1.1 million in a seed round led by Omidyar Network, the impact investment firm established by eBay founder, Pierre Omidyar, with participation from Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N…. Read More

BitGo Attracts Goldman Sachs & Galaxy Digital Ventures As New Investors Through Series B Funding Round

Blockchain software firm BitGo announced on Thursday it has completed its latest Series B funding round, which raised $58.5 million. The company attracted new investors through the round, such as Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures LLC, a venture investment firm founded by… Read More

CrowdStreet Now Raising $25 Million Through First Blended Portfolio

Commercial property investment marketplace CrowdStreet announced on Wednesday it is now raising $25 million for the company’s first CrowdStreet Blended Portfolio investment offering. The investment platform revealed that in order to provide individual investors and registered investment advisors another way to diversify their investments with commercial… Read More

HCS Capital Partners Invest $3 Million into Insurtech Startup Jooycar

U.S. based private equity and operating firm HCS Capital announced on Tuesday it invested $3 million in Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America. HSC Capital reported that the insurtech investment marks the most recent… Read More

Fintech Startup PayActiv Secure $20 Million Through Series B Financing Round Led By Generation Partners

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it secured $20 million through its Series B financing round, which was led by Generation Partners. As previously reported, PayActiv was founded in 2012 and described itself as a holistic financial wellness platform for… Read More

European Insurtech Hokodo Secures €1.9 Million Through Seed Funding Round Led by Anthemis

Hokodo, a London and Paris-based insurtech that provides B2B marketplaces and accounting platform with small business insurance through APIs, announced earlier this week it secured €1.9 million through its latest seed funding round, which was led by European venture capital firm Anthemis. Founded earlier this year,… Read More

Brex Secures $125 Million Through Series C Investment Round Led By Greenoaks & DST Global

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Brex, a U.S.-based fintech that’s focused on creating corporate cards for startups, announced on Friday it secured $125 million through its Series C funding round, which was led by Greenoaks Capital and DST Global. Along with the investment, Brex customers are now able to sign up… Read More

German Insurtech Simplesurance Receives $11.5 Million Investment From TMHD & ODDO BHF

German insurtech Simplesurance has reportedly secured $11.5 million investment from multinational insurance company TMHD and  Franco-German financial group ODDO BHF. This news comes just a few months after Simplesurance raised $24 million during its Series C funding round, which was led by Allianz X.  As previously reported, Simplesurance was founded in… Read More

German Challenger Bank Kontist Secures Series A Investment

Kontist, a Berlin-based challenger bank, announced on Tuesday it secured a Series A investment to expand the financial services available to freelancers, small businesses, and entrepreneurs. The round was led by Haufe Group, one of Germany’s providers of digital workplace solutions and services with participation from… Read More

Cryptocurrency Prime Dealer SFOX Adds Litecoin to Platform Following Series A Funding Round

SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors, announced this week it has added trading support for cryptocurrency Litecoin (LTC) as part of its plans to become a premier institutional crypto asset management platform. Founded in 2014, SFOX is a platform that provides professional… Read More

Blockchain Application Developer Aave Launches New Venture Program to Supper Technology Startups

Photo courtest velkr0 on Flickr: http://www.flickr.com/photos/velkr0/

Aave, a Switzerland-based tech company which specializes in the development of decentralized and hybrid blockchain applications, today announced the launch of Aave Venture. According to Aave, the new venture will invest in projects to help startups implement innovative ideas in their respective industries. The company… Read More

Stripe Secures $245 Million in Funding Round Led By Tiger Global; Now Valued at $20 Billion

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Payments platform Stripe announced on Wednesday it secured $245 million through its latest funding round, which was led by Tiger Global. The new funds reportedly bring the Fintech’s value up to $20 billion. Founded in 2010, Stripe describes itself as a platform that offers a… Read More

Swiss Fintech Nummo Secures $1.9 Million USD Through Seed Funding Round; Launches Personal Finance Platform

Swiss fintech Nummo announced on Tuesday it secured $1.9 million in seed funding and officially launched its personal finance management platform. Founded in 2016, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and… Read More

Marketing Tech Company Bread Secures $60 Million Through Latest Equity Financing Round Led By Kinnevik

Bread

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

Global Fintech Company Beacon Closes Series A Funding Round Led By PIMCO With Participation from Global Atlantic Financial Group & Barclays

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Beacon Platform, Inc., a global financial technology company, announced on Monday it has closed its Series A funding round, led by PIMCO, as previously announced. Global investment bank Barclays, as well as the Global Atlantic Financial Group also participated in the funding round. Since its… Read More

Augmentum Fintech Invests £2.5 million in Unmortgage

Augmentum Fintech plc (LSE: AUGM) announced on Monday it invested £2.5 million in Unmortgage as part of the UK-based startup’s £10 million seed funding round. Founded in 2016, Unmortgage describes itself as a company that offers a completely new way for people to get on “the… Read More

Flexiti Receives $80 Million Mezzanine Debt Facility From Credit Suisse Asset Management

Canada-based point-of-sale financing and payment tech provider Flexiti announced on Thursday it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. This news comes just a few months after Flexiti acquired TD Financing Services’ (TDFS), a Canadian private label credit card portfolio. … Read More

Fintech Startup Pagaya Secures $14 Million Through Series B Funding Round Co-Led By Oak HC/FT & Harvey Golub

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Pagaya Investments, a Fintech company in the asset management space, announced on Thursday it secured $14 million through its Series B funding round, which was co-led by Oak HC/FT and Harvey Golub. This news comes just six months after Pagaya received a $75 million in debt financing… Read More

Terra Secures $32 Million in Seed Funding For Price-Stable Digital Currency Design

Terra, a price-stabled cryptocurrency that’s designed for mass adoption, has successfully secured $32 million through its seed funding round, which features investments from  Binance Labs, OKEx, Huobi Capital, and Dunamu & Partners.  Terra describes itself as a protocol of money that ensures price-stability by algorithmically… Read More

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