Tagged: investment

P2Binvestor Secures Over $17 Million Through Latest Funding Round to Extend Bank Partnership Program

Marketplace lender P2Binvestor (P2Bi) announced on Thursday it secured more than $17 million in funding from over 20 participants to expand its bank partnership program. ACcording to P2Bi, this was its fourth round of funding and, with the combination of debt and equity, brings its total equity… Read More

Real Estate Investment Platform Newchip Secures $2 Million in Seed Funding & Surpasses 50,000 Users

Newchip, a platform that connects new and experienced investors to business and real estate investment opportunities, announced on Thursday it secured $2 million through its latest seed funding round. Along with the funding news, the company declared it has surpassed 50,000 in users. Newchip also welcomed institutional investments… Read More

Blockchain Powered Trade Platform TradeIX Secures $16 million Through Series A Funding Round Led By ING Ventures

TradeIX, a blockchain-powered trade platform, announced on Thursday it secured $16 million through its Series A investment round, which was led by ING Ventures with participation from investor Kistefos, BNP Paribas, and Tech Mahindra. Founded in 2016, TradeIX is on a mission to rewiring trade finance… Read More

SharePost Secures $15 Million During Series C Funding Round to Accelerate Security Token Trading

SharesPost, a provider of late-stage private company liquidity solutions and private capital markets research, announced on Wednesday it secured $15 million during its Series C funding round, which was led by LUN Partners and Kenetic Capital. Funds from the Series C funding round will go towards… Read More

Oval Money Secures Investment From Italian Banking Group Intesa SanPaolo

Fintech Oval Money, a Robo-advisor founded by Benedetta Arese Lucini former CEO of Uber Italy, announced on Tuesday it kicked off its Series A round with a significant investment led by Italian banking group Intesa SanPaolo Group. The bank will reportedly take a minority stake in Oval… Read More

Yirendai Announces Institutional Funding from Goldman Sachs

Chinese fintech Yirendai announced on Tuesday global investment banking group Goldman Sachs has provided it with RMB 324 million of funding for a term of three years. While sharing details about the investment,  Dennis Cong, Chief Financial Officer of Yirendai, stated: “We are very excited to see the… Read More

Korean Fintech Viva Republica Secures $40 Million Through Latest Funding Round Led By GIC & Sequoia China

Viva Republica, Korea’s foremost fintech startup and creator of financial services app Toss, announced on Monday it has secured $40 million during its latest funding round, which was led by GIC and Sequoia China, bringing its total amount of funding raised to $116 million. Founded in 2011, Viva Republica stated that Toss “completely… Read More

Robert Downey Jr.’s Downey Ventures & Will Smith’s Smith Family Circle Invest in Insurtech Startup Ethos

On Thursday, insurtech startup Ethos announced it secured $11.5 million through its latest financing round, which was led by Sequoia Capital with participation from Robert Downey Jr.’s Downey Ventures, Kevin Durant’s Durant Company, Will Smith’s Smith Family Circle, and a credit facility from Silicon Valley Bank. Founded in 2016, Ethos describes… Read More

Fintech Firm Quovo Brings Total Funding to $20 Million After Closing Series B Round Extension

On Wednesday, fintech firm Quovo announced it has extended its Series B round, bringing its total funding to $20 million. According to Quovo, the investments came from Canadian venture capital firm,  Portag3 Venture, IGM Financial Inc. and Great West-Lifeco Inc., and Salesforce Ventures. Founded in… Read More

Israeli Regtech Cappitech Secures $4 Million Through Series A Funding Round Led By 83North

Cappitech, the operator of regtech service platform, Capptivate, has successfully secured $4 million during its Series A funding round, which was led by 83North with participation from the co-founders ofMarkit. Founded in 2013, the company’s platform allows customers to automate submission and analyze their daily trades… Read More

Alibaba’s Ant Financial Secures Approximately $14 Billion Through Series C Equity Financing Round to Accelerate Globalization & Technology Innovation

Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Friday it secured approximately $14 billion through its Series C Equity Funding round, which includes an RMB tranche raised by the company from domestic investors and a USD tranche raised by Ant international Co., Limited, a wholly… Read More

Globacap Secures $800,000 in Seed Funding to Launch Regulated Blockchain Securities Issuance Platform

Globacap announced on Wednesday it raised $800,000 through seed funding round, which was led by Stoic Capital and ContactPartners, to continue work on its regulated blockchain securities platform. According to Globacap, other backers included Christian Schulte, co-founder of Steinbeis Mittelstandsfinanzierung and Stephen Russell, a veteran of… Read More

API Platform Marqeta Raises $45 Million Through Latest Investment Round Led By ICONIQ Capital With Participation From Goldman Sachs

On Tuesday, API platform Marqeta announced it raised $45 million through its latest investment round, which was led by ICONIQ Capital with participation from Goldman Sachs. The funds brought Marqeta’s total funding to $116 million. Founded in 2010, Marqeta states it is on a mission… Read More

U.S. Fintech Obligo Secures $5 million in Financing; Seeks to Launch Next-Generation Security Deposit Alternative in Real Estate

Obligo, a fintech startup that’s focused on the real estate market, announced on Tuesday it has raised $5 million through its latest financing round to launch its next-generation security deposit alternative. The funding round was led by 83 North (formerly Greylock IL) and included investments from Entrée Capital and HFZ… Read More

Chinese Fintech PINTEC Secures $103 Million Investment; Forms Strategic Partnership With SINA

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has secured $103 million through a financing investment round, which was led by Mandra Capital and SINA Corp. with participation from STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group. The company… Read More

BBVA Announces Completion of £85.4 Million Investment in UK-Based Atom Bank

On Friday, BBVA announced it has completed the £85.4 million investment into Atom, which was announced in March of this year. According to the firm, With this transaction, it increases its stake in UK’s first bank built exclusively for smartphone or tablet to 39%. Atom also secured capital… Read More

U.S. Insurtech Platform FitSafe Receives $250,000 Strategic Investment From SterlingRisk

FitSafe, a risk management and insurance underwriting service for sports and fitness, announced on Thursday that SterlingRisk has acquired minority equity interest in its firm. The New York-based company reported the investment from Sterling will help capitalize further back-end development of its software platform. Speaking about… Read More

PeerStreet’s Nia Patel Named One of HousingWire’s 2018 Rising Stars

PeerStreet, a marketplace for investing in real estate backed loans, announced on Friday that one its managers, Nia Patel, has been named to HousingWire’s 2018 Rising Stars list of young leaders to watch in the housing industry. According to PeerStreet, HousingWire’s 2018 Rising Stars list… Read More

PayPal & Temasek Acquires Minority Take in India Digital Retail Payments Platform Pine Labs

Pine Labs, an India-based digital payments platform, announced on Thursday Temasek, a global investment company headquartered in Singapore, and PayPal Holdings Inc., have acquired minority stakes in the company for a combined $125 million. The latest investment comes just a couple of months after Pine Labs secured $82… Read More

Tradeshift Secures $250 Million Through Series E Funding Round Led By Goldman Sachs & Public Sector Pension Investment Board

Business commerce platform Tradeshift announced on Wednesday it secured $250 million through its latest Series E funding round, which was led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). The company reported that the additional participation comes from HSBC, H14, GP Bullhound, and… Read More