Tagged: investment

Mexico-Based Credit Card Issuer Stori Raises $32 Million Through Series B Funding Round led By Lightspeed Venture Partners

  Mexico-based consumer fintech Stori announced on Thursday it raised $32.5 million through its Series B funding round, which was led by Lightspeed Venture Partners with participation from Vision Plus Capital, BAI Capital, and Source Code Capital. The investment round brings its total funding to… Read More

UK’s App-Based Bank Atom Bank to Secure £40 Million From Existing Shareholders; Announces Upcoming Plans, Including IPO

Atom Bank, a UK-based mobile bank, announced on Thursday is to set to raise £40 million from existing shareholders as it moves to profitability from its mortgage and business lending within a year and to IPO the year after. As previously reported, Atom Bank claims… Read More

Anchorage Secures $80 Million Through Series C Funding Round to Expand Digital Banking Services

  Anchorage, a U.S.-based premier digital asset platform for institutions, announced on Thursday it secured $80 million through its Series C funding round, which was led by GIC with participation from a16z, Blockchain Capital, Lux, and Indico. Founded in 2017, Anchorage claims it was created… Read More

Brazil-Based Mobile Payments Platform RecargaPay Attracts $70 Million Through Series C Funding Round Co-Led By IDC Ventures & Fuel Venture Capital

  Brazil-based mobile payments platform RecargaPay announced on Wednesday it secured $70 million through its Series C funding round, which was co-led by IDC Ventures and Fuel Venture Capital with participation from  ATW, LUN Partners, and Experian. The funding round comes less than three years… Read More

U.S. Payment Tech Platform Promise Secures More Than $20 Million through Series A Funding Round

    Promise, a U.S.-based payments technology platform, recently announced it secured $20 million through its Series A funding round, bringing its total fundraising amount to over $30 million. The investment round was notably led by Kapor Capital and XYZ, with additional funding coming from… Read More

U.S. Trucking Insurtech Koffie Labs Raises $4.5 Million in Venture Financing

  Koffie Labs, a U.S.-based insurtech that is focused on reinventing the trucking and transportation markets, announced on Tuesday it has raised $4.5m in venture financing.  According to Koffie, Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048… Read More

Digital Banking Group Penta Tops Series B+ Investment; Now Amounts to €30 Million

    Digital banking group Penta announced on Tuesday it has topped up its Series B+ investment round. The company reported the total investment now amounts to €30 million. As previously reported, Penta describes itself as a digital platform for business banking that is aimed… Read More

Fiat & Crypto Payments Startup Bottlepay Secures  £11 Million Through Seed Funding Round

BottlePay, a UK-based fiat and crypto payments platform, has reportedly raised £11 million through its Seed funding round. According to Coindesk, the round involved participation from Alan Howard, founder of hedge fund manager Brevan Howard; “present and former” Goldman Sachs partners; venture capital firm FinTech Collective;… Read More

U.S. Employees’ Stock Options Funding Solution Provider EquityBee Secures $20 Million Through Series A Funding Round Led By Group 11

EquityBee, a U.S.-based startup employees’ stock options funding solution provider, announced on Tuesday it secured $20 million through its Series A funding round, which was led by Group 11 with participation from Oren Zeev Ventures, Battery Ventures, and ICON Continuity Fund. EquityBee reported that the… Read More

U.S. Software-as-a-Service Torii Reportedly Raises $10 Million Through Series A Funding Round

  Torii, a U.S.-based software-as-a-service (SaaS) provider, has reportedly secured $10 million through its Series A funding round. Founded in 2017, Torii stated its mission is to help modern IT drive the business forward by making the “best use” of SaaS. “We help IT professionals… Read More

Commercial Insurance-as-a-Service API Provider Briza Secures $8 Million Through Series A Funding Round Led By Investment Group of Santa Barbara

Briza, a U.S.-based commercial insurance-as-a-service API provider, recently announced it secured $8 million through its Series A funding round, which was led by Investment Group of Santa Barbara with participation from 500 Startups. Founded in 2016, Briza claims it is enabling the commercial insurance industry’s… Read More

Luxembourg-Based Car Rental Company UFODRIVE to Close Seedrs Campaign With More Than £1.88 Million in Funding Secured

  UFODRIVE, a Luxembourg-based car rental company, is set to close its equity crowdfunding campaign on Seedrs with more than £1.88 million raised from nearly 850 Seedrs investors. The company launched the funding round in December, originally seeking £1.5 million.  As previously reported, UFODRIVE was founded in 2018… Read More

Update: Hybrid & Electric Car Developer Carverter Is Set to Close Seedrs Campaign With More Than £2.32 Million in Funding

Carverter, a UK-based company that enables customers to find & lease the perfect hybrid or electric vehicle (EV), is set to close its equity crowdfunding campaign on Seedrs with more than £2.32 million secured from nearly 315 Seedrs investors.  As previously reported, Carverter claims it offers every… Read More

Thailand-Based Insurtech AppMan Secures $4.6 Million Through Series A Funding Round

  AppMan, a Thailand-based insurtech, has reportedly raised $4.3 million through its Series A funding round, which saw participation from Siam Alpha Equity’s SME Growing Together 1 fund, Krungsri Finnovate, Casmatt, KTBST, and Poems Ventures, the venture arm of PhillipCapital Group. Founded in 2011, AppMan claims to be… Read More

UK-Based Crypto Wallet & Exchange Blockchain.com Raises $120 Million Through Strategic Growth Round Led By Macro Investors

  Blockchain.com, a UK-based cryptocurrency wallet and exchange, announced on Wednesday it raised $120 million through its latest strategic growth investment round led by macro investors, which included include Moore Strategic Ventures (Louis Bacon), Kyle Bass, Access Industries, Rovida Advisors, Lightspeed Venture Partners, GV (aka Google Ventures), Lakestar, and Eldridge. Founded in 2011,… Read More

UK Equity Crowdfunding Platform Crowdcube Celebrates Tenth Birthday

UK-based equity crowdfunding platform Crowdcube celebrated its tenth birthday on Tuesday.  As previously reported, Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors. The portal notably is dedicated to helping UK entrepreneurs raise funds… Read More

Event Outcome Trading Platform Kalshi Secures $30 Million Through Series A Investment Round Led By Sequoia

  Kalshi, a U.S.-based federal regulated exchange dedicated to trading on event outcomes, announced on Wednesday it secured $30 million through its Series A funding round, which was led by Sequoia Sequoia Capital with participation from Charles Schwab, Chairman of Charles Schwab Corporation, Henry Kravis,… Read More

U.S. Insurtech InsurePay Captures $5 Million Through Series A Funding Round Led By FINTOP Capital

  InsurePay, a U.S.-based workers’ compensation administration and insurance premium billing platform for insurance providers, announced on Wednesday it raised $5 million through its Series A investment round, which was led by FINTOP Capital. Founded in 2003, InsurePay claims it delivers world-class solutions in the… Read More

U.S. Fintech SeedFi Secures $65 Million Through Series A Funding Round & Debt Financing

SeedFi, a U.S.-based fintech, has reportedly secured $65 million through its Series A funding round and debt financing. According to Crunchbase News, the company raised $15 million Series A funding and $50 million in debt. Founded in 2019, SeedFi stated it is building a new generation… Read More

Success: Personal Financing App Lumio Surpasses £250,000 Target Through Crowdcube Funding Round

  Lumio, a UK-based personal financing app, has successfully surpassed its initial £250,000 funding target through its equity crowdfunding campaign on Crowdcube.  Founded in 2017, Lumio describes itself as a “intelligent financial mentor” that uses tailor-made technology grow money around the app user’s lifestyle within minutes. “Lumio… Read More

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