Tagged: investment

June 10, 2020 @ 10:39 am By Samantha Hurst  |  

MPOWER Financing, a U.S.-based fintech platform for educational loans to international and DACA students, announced on Tuesday it secured $9 million through its latest investment round. Founded in 2014, MPOWER Financing uses cross-border digital lending platform, big data, and global infrastructure to finance the millions… Read More

June 10, 2020 @ 10:30 am By Samantha Hurst  |  

India-based fintech Tabby announced this week it raise of $7 million through its latest funding round, which was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures. Founded in 2019, Tabby states it provides customers with the flexibility to pay… Read More

June 10, 2020 @ 7:28 am By Samantha Hurst  |  

NYMBUS, a U.S. financial service platform provider, announced on Tuesday it secured $12 million through its latest investment round, which was led by Insight Partners and Vensure Enterprises. NYMBUS claims it provides the world’s most advanced revenue and technology solutions for today’s financial institutions. Its… Read More

June 5, 2020 @ 8:22 am By Samantha Hurst  |  

Tech Will Save Us, an edtech startup that provides hybrid online and offline learning experiences for kids, is set to close its equity crowdfunding campaign on Seedrs with nearly £850,000 in funding. The campaign, which has attracted 285 Seedrs investors, launched last month with a… Read More

June 4, 2020 @ 9:09 am By Samantha Hurst  |  

WealthyPlanet, a Canada-based online financial planning company, announced on Wednesday it has formed a new partnership with Smart Money Capital Management Inc. (Smart Money Invest) to provide low-cost exchange-traded funds (ETFs) and online investment advice to WealthyPlanet clients. WealthyPlanet describes ETFs as “smart and convenient… Read More

June 3, 2020 @ 2:37 pm By Samantha Hurst  |  

Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Wednesday it secured $10 million through its seed funding round, which was led by Group 11 with participation from Foundation Capital, AltaIR Capital, Primary Venture Partners, and Torch Capital. Founded in 2018, Lili reported… Read More

June 3, 2020 @ 2:16 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has extended its open banking support for PayPal (NASDAQ: PYPL). According to Tink, the expanded relationship is supported by a second strategic investment from PayPal, carried out in connection… Read More

June 3, 2020 @ 11:29 am By Samantha Hurst  |  

Digital-only challenger bank Varo Money announced on Wednesday it secured $241 million through its Series D funding round, which was led by Gallatin Point Capital and The Rise Fund, co-founded by TPG, U2 lead singer Bono, and Jeff Skoll, a global entrepreneur, impact investor and… Read More

May 29, 2020 @ 2:48 pm By Samantha Hurst  |  

Splash Financial, a U.S.-based student loan refinance marketplace, announced earlier this week it secured $12.3 million through its Series A investment round, which was co-led by CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, and Northwestern Mutual Future Ventures. Founded in 2015,… Read More

May 29, 2020 @ 12:11 pm By Samantha Hurst  |  

Insurtech startup Pie Insurance announced on Thursday it secured $127 million through its latest investment round. The companies that participated in the funding round are Gallatin Point Capital, Greycroft, SVB Capital, Aspect Ventures, Elefund, and Sirius International Insurance Group, Ltd. As previously reported, Pie describes… Read More

May 29, 2020 @ 8:56 am By Samantha Hurst  |  

Accern, a U.S.-based artificial Intelligence (AI) start-up, announced on Thursday it secured $13 million through its Series A funding round, which was led by Fusion Fund with participation from Mighty Capital, Allianz Life Ventures, Vectr Fintech Partners and Viaduct Ventures. Founded in 2014, Accern explained… Read More

May 28, 2020 @ 10:02 am By Samantha Hurst  |  

Meniga, a UK-based digital banking solution, announced on Thursday it secured €8.5 million through its latest strategic investment round, which was led by French banking group Groups BPCE with participation from Grupo Crédito Agrícola, UniCredit, Velocity Capital, Industrifonden, and Frumtak Ventures. Founded in 2009, Meniga… Read More

May 27, 2020 @ 9:55 am By Samantha Hurst  |  

GoBear, a Singapore-based fintech, has reportedly secured $17 million through its latest investment round. The investment brings GoBear’s total funding to $97 million. Founded in 2014, GoBear claims to be Asia’s leading financial supermarket whose purpose is to improve financial health. The platform empowers consumers… Read More

May 22, 2020 @ 1:51 pm By Samantha Hurst  |  

Aspiration, a U.S.-based neobanking group, announced on Friday it secured $135 million through its Series C funding round, which was led by Alpha Edison with participation from Swiss investment bank UBS. Founded in 2013, Aspiration stated it was born to be the financial firm for… Read More

May 20, 2020 @ 3:02 pm By Samantha Hurst  |  

Coalition, the leading cyber insurance and security company, announced on Wednesday it has raised $90 million through its Series C funding round, which was led by Valor Equity Partners with participation from Felicis Ventures, Greyhound Capital, and Coalition’s existing investors. Founded in 2017, Coalition states… Read More

May 20, 2020 @ 10:00 am By Samantha Hurst  |  

LendInvest, a UK-based marketplace for property financing, announced on Wednesday it has made some updates to its Buy to Let (BTL) products as valuations are permitted to go ahead. As previously reported, the BTL Plus product is designed for landlords who are currently on a… Read More

May 19, 2020 @ 3:57 pm By Samantha Hurst  |  

Tech Will Save Us, an edtech startup that provides hybrid online and offline learning experiences for kids, has raised more than £440,000 through its equity crowdfunding campaign on Seedrs. The funding round, which has attracted over 200 Seedrs investors, was launched last month originally seeking… Read More

May 18, 2020 @ 3:10 pm By Samantha Hurst  |  

Commercial real estate crowdfunding platform ArborCrowd announced on Monday it has exited its investment in the Sioux Falls Multifamily Portfolio, a collection of Class B apartment communities located in Sioux Falls, South Dakota. ArborCrowd reported the decision generated a net internal rate of return (IRR)… Read More

May 18, 2020 @ 1:57 pm By Samantha Hurst  |  

KoinWorks, an Indonesia-based P2P lender, has reportedly secured $10 million in additional funding from UK lending platform Lendable. Founded in 2015, KoinWorks claims to be the leading P2P Fintech Lending in Indonesia and the first Indonesian P2P Lending company to be registered, as well as… Read More

May 18, 2020 @ 11:33 am By Samantha Hurst  |  

Just a little over six months after raising £282,015 through its recent funding round on Seedrs, prop-tech startup Brickowner has launched a new campaign on the equity crowdfunding platform and has already surpassed its initial £150,000 funding target. Founded in 2016, Brickowner stated it was… Read More