Tagged: investment

Insurtech Goji Receives $15 Million Through Investment Round Led By Hudson Structured Capital Management

Insurtech firm Goji, announced last week it secured $15 million during its latest investment round, which was led by Hudson Structured Capital Management Ltd., (HSCM Bermuda). The companies have also formed a new strategic partnership. The company, which was launched in 2007, offers data-driven home and automobile… Read More

B2B Payment Provider Transfermate Secures €30 Million Investment From Allied Irish Bank

Ireland-based B2B payment provider TransferMate announced on Monday it received a €30 million investment from Allied Irish Bank (AIB).  Founded in 2010, TranferMate stated it is on a mission to provide businesses with a faster, cheaper, and easier solution for sending or receiving funds globally.TransferMate… Read More

Symbid Announces Partnership With Funding Specialist ILFA

  On Tuesday, Netherlands-based Symbid announced it has formed a partnership with funding specialist, ILFA. According to the crowdfunding platform, ILFA has a license for an investment firm since 201 and as a tied agent of ILFA, it will from now on operate with an AFM… Read More

FinMkt Secures $5 Million During Financing Round Led by ManchesterStory Group

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced this week it has closed a $5 million equity round led by venture capital firm ManchesterStory Group with participation from Perot Jain LP, Vectr Ventures, and existing investors. This… Read More

Acorns Acquires Retirement Fund Services Vault

Micro-investing app Acorns has acquired retirement fund services Vault and is planning to launch new retirement accounts. Vault is now called Acorns Later. While sharing details about the acquisition, CEO of Acorns, Noah Kerner, and CEO of Vault, Randy Fernando, stated: “By staying true to its mission… Read More

Monzo Secures £71 Million During Latest Investment Round Led By Goodwater Capital, Stripe, & Michael Moritz

Crowdcube success and challenger bank Monzo announced on Tuesday it secured 71 million through its latest investment round, which was led by Goodwater Capital, Stripe, and Michael Moritz with participation from existing investors, Passion Capital, Thrive Capital, and Orange Digital Ventures. As previously reported, Monzo (originally… Read More

Groundfloor Announces Monthly Interest Payment Investments

Real estate crowdfunding platform Groundfloor recently announced the launch of its new monthly interest payment investments. The funding portal revealed starting its next loan release users may invest in both deferred and monthly payment loans to further diversify and add monthly income yield to their portfolios. Groundfloor… Read More

Trigger Finance Announces New York City Office Following Circle Acquisition

Mobile investing platform Trigger Finance announced last week it has moved its New York City office. This news comes just after the company was acquired by Circle. Founded in 2015, Trigger describes itself as a mobile-first investing platform that encourages rules based investing for every DIY… Read More

Aviva Makes Strategic Investment in Robo Investment Firm Wealthify

On Thursday, British multi-national insurance company Aviva announced it has made an agreement to acquire a majority shareholding stake in robo investment company Wealthify. According to Aviva, the investment is part of its strategy to build customer loyalty by providing customers with a wide range… Read More

Florida-Based Insurtech Ensurem Receives $12.25 Million Investment From A-CAP

Earlier this week, online insurance marketplace Ensurem announced it secured a $12.25 million investment from A-CAP, a New York City-based insurance holding company specializing in life and health insurance and related services. According to Ensurem, the funding from A-CAP comes just after the company’s successful angel… Read More

French Fintech Tinubu Squares Secures €53m Investment From Long Arc Capital & Bpifrance

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

RealtyShares Raises $28 Million During Series C Funding Round

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More

Insurtech Startup Coya Secures $10 Million During Seed Funding Round Led By Peter Thiel’s Valar Ventures

German-based insurtech start-up Coya has reportedly secured $10 million during its latest seed funding round, which was led by Peter Thiel’s fund Valar Ventures with participation from e.ventures and La Famiglia. According to Business Insider, Coya was founded by two veterans of German lender Kreditech and former Vienna Insurance… Read More

OFF3R Launches SIPPs Channel

UK based aggregator of alternative investments OFF3R announced on Tuesday the launch of its new Self Invested Personal Pensions (SIPPs) channel, which will feature pension products from some of the leading providers in the market. The company described A SIPP as a tax wrapper that holds your chosen investments… Read More

UAE Fintech NOW Money Receives $700,000 Investment From Accion Venture Lab & Newid Capital

UAE-based fintech startup NOW Money announced on Tuesday it secured an investment of $700,000 from venture capital investors Accion Venture Lab and Newid Capital. NOW Money claims to be the first fintech in the Gulf region to use mobile banking technology to provide accounts, financial inclusion and a range of… Read More

Blockchain-Powered MyBit Secures $2.8 Million Through Crowdsale for Renewable Asset Investment Platform

Mybit, a Switzerland-based Ethereum blockchain powered, renewable asset investment platform, announced on Monday it secured $2.8 million through its 30-day crowdsale, which ended on August 15th. According to Mybit, the platform connects investors from around the world with businesses and individuals seeking to fund revenue-generating Internet… Read More

CrowdStreet Announces New Investment Opportunity: Comfort Suites – Savannah North

On Thursday, CrowdStreet Marketplace announced a new investment opportunity on its platform, which is dedicated to the Comfort Suites located in northern part of Savannah, Georgia.The property, which was built in 2006, has 83 rooms. The contract purchase price is $7,450,000 with an all in… Read More

PeerStreet Announces Personal Capital Integration: Seeks to Provide More Detailed Investment Overview

Real estate crowdfunding platform, PeerStreet, announced on Tuesday its integration with Personal Capital, an automated investment service with more than $4.8 billion assets under management and is powered by the Envestnet | Yodlee Data Aggregation Platform. Customers of both Personal Capital and PeerStreet may now… Read More

P2P Lender Faircent Announces New Auto Invest Feature

P2P lending platform Faircent announced the launch of its new auto investment feature, which according to Economic Times, will eliminate the need for lenders to browse through borrower profiles by automating the process. While sharing details about the new feature, Chief Technology and Product Officer… Read More

Online Financial Advisor Betterment Announces $70 Million Round of Funding

Independent online financial advisor, Betterment, announced on Friday a $70 million round of funding, which is described as an extension of the company’s Series E from last year. According to Betterment,  Swedish investment company Kinnevik led the round, extending its financing from last year. Previous investors Bessemer Venture Partners, Menlo… Read More