Tagged: investment

Data and Analytics Firm Quantexa Receive Strategic Investment from BNY Mellon

Quantexa, the data and analytics software firm focused on Contextual Decision Intelligence (CDI), recently revealed that BNY Mellon (NYSE: BK) has completed an investment in Quantexa, to “close its series D” – which was led by Warburg Pincus, an international growth investor, and a growing… Read More

7 of Top 15 Canadian Industrial Sectors See Investment Decline

Seven of the top 15 Canadian industrial sectors saw declines in investment between 2015 and 2019, research from Canadian think tank the Fraser Institute shows. More industries saw declines in capital investment at one time than during any period since 1990. “In a troubling trend,… Read More

Education Loans Facilitator Credenc Receives $25 Million from Capital India

Capital India, a financial conglomerate, has invested USD 25 million in a mix of equity & debt in Credenc, a fintech-focused on education loans. With this investment, Credenc is looking to build a loan book of $400 million by 2025.  The New Delhi-based Credenc, founded… Read More

Auto-financing platform Lendbuzz raises $360 mn, to double headcount at 100

AI-based auto finance platform Lendbuzz has raised a total $360 million investment in part debt and equity. The US-based fintech started by two Israeli entrepreneurs –Amitay Kalmar and Dan Raviv, has raised $60 million in Series C equity financing led by Wellington Management, Goldman Sachs… Read More

Estonia based Digital Asset Investment App Change Acquires $4.5M in Capital from 50 Private Investors

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

Tiger Global’s hunt for Fintechs Continue in India, U.S, Invests in Briq, Plum

American venture capital fund Tiger Global has been on the prowl for Fintech startups worldwide. The investment firm has recently invested around $30 million in Briq, a Fintech platform for the construction industry, as per a TechCrunch report. With this, Briq has raised a total… Read More

U.S. Insurtech Platform Trellis Raises $10 Million Through Series A Funding Round Led By QED Investors

Trellis Technologies, Inc., a U.S.-based insurtech platform, announced on Thursday it secured $10 million through its Series A funding round, which was led by QED Investors with participation from NYCA Partners and General Catalyst. Founded in 2019, Trellis explained it provides secure, digital solutions that… Read More

Update: Bitcoin Buying Platform BitcoinPoint Surpasses £300,000 Through Crowdcube Round

  BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More

Food Delivery Service Zoom Food Group Set to Close Seedrs Campaign With Nearly £600,000 Raised

  Zoom Food Group, a UK-based food delivery service, is set to close its equity crowdfunding campaign on Seedrs with nearly £600,000 raised. The funding round, which originally sought to secure £200,000, has attracted over 300 Seedrs investors. Founded in 2017, Zoom describes itself as a bootstrapped, disruptive… Read More

U.S. Fintech The Beans Secures $2 Million Through Latest Investment Round Led By Precursor Ventures

   The Beans, a U.S.-based fintech startup announced on Thursday it secured $2 million through its investment round, which was led by Precursor Ventures with participation from Relay Ventures, One Planet VC, Swing Ventures, Oxford Angel Fund, and a group of notable angel investors. The Beans describes itself… Read More

Life Insurance Advice Platform Anorak Secures £5 Million Through Latest Investment Round Led By Outward VC

  Anorak, a UK-based life insurance advice platform, has reportedly secured £5 million through its latest investment round, which was led by Outward VC, with participation from Triple Point Ventures and Kamet Ventures Founded in 2017, Anorak describes itself as a technology company that is… Read More

Heathcare Fintech Green Feather Raises $1.5 Million Through Latest Seed Investment Round

  Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More

UK-Based Buy Now Pay Later Platform Divido Secures $30 Million Through Series B Led By HSBC & ING

  Divido, a UK-based buy now pay later platform, announced on Wednesday it secured $30 million through its Series B funding round, which was led by HSBC and ING with participation from Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brand, DG Daiwa Ventures,… Read More

Update: Poland-Based Transport Tech Nevomo Raises More Than €1.22 Million Through Seedrs Campaign

Nevomo, a Poland- based transportation tech, has raised over €1.22 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise €1 million, has already attracted 870 Seedrs investors.  As previously reported, Nevomo stated it has developed technology for a magrail system,… Read More

Truebill Reportedly Secures $45 Million Through Series C Investment Round Led By Accel

  Less than a year after securing $17 million through its Series C funding round, personal finance startup Truebill has reportedly raised $45 million through its Series D investment round, led by Accel with participation from Bessemer Venture Partners, Cota Capital, and Eldridge. Founded in… Read More

Latin American Fintech Belvo Secures $43 million to Accelerate Open Finance Platform Expansion

  Belvo, a Latin American fintech, announced on Tuesday it secured $43 million through its Series A funding round, which saw participation from Future Positive and FJLabs. Founded in 2019, Belvo enables financial innovators to access and interpret data from their end-users in an easy… Read More

Australian Insurtech Expense Check Secures AU$4 Million Global Expansion; Rebrands to Kanopi

Expense Check, an Australian insurtech, announced on Monday it raised AU$4 million through its latest investment round, which was led by Holland Insurance Company. The company also revealed that it has rebranded to Kanopi as it prepares to expand its local presence and launch into… Read More

Israel-Based Insurtech Parametrix Raises $17.5 Million Through Latest Investment Round

    Parametrix Insurance, an Israel-based insurtech startup, recently announced it secured $17.5 million through its latest investment round, which included participation from FirstMark Capital and F2 Ventures. Founded in 2019, Parametrix Insurance explained it provides insurance policies covering third-party IT downtime events such as… Read More

Curve Closes Latest Crowdfunding Campaign With Nearly £10 Million Raised

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, closed its equity crowdfunding campaign on Crowdcube with nearly £10m in funding from 11,795 investors. Curve also claimed it was the fastest ever company on Crowdcube to raise… Read More

U.S. Fintech Startup Axle Raises $10 Million Through Series A Funding Round Led By Crosslink Capital

  Axle, a U.S.-based financial services platform for the freight and logistics industry, announced earlier this week it secured $10 million through its Series A funding round, which was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners, Ron Suber (fintech investor), Jett McCandless (founder,… Read More

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