Tagged: investment

January 31, 2020 @ 11:02 pm By Samantha Hurst  |  

Slope, an Atlanta-based software as a service company, announced earlier this week it raised $1 million through its latest seed funding round, which was led by tech venture fund Cofounders Capital. Founded in 2015, Slope described itself as an actuarial financial projection modeling software company, designed… Read More

January 31, 2020 @ 10:50 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Thursday it secured $100 million through its Series D funding round, which was led by global investment firm KKR, with participation from Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures and Transamerica Ventures…. Read More

January 30, 2020 @ 9:22 am By Samantha Hurst  |  

Farfetch Limited (NYSE: FTCH), a global technology platform for the luxury fashion industry, today announced that it has agreed to issue and sell, through a private placement, convertible senior notes in an aggregate principal amount of $250 million. Tencent, a global technology platform based in… Read More

January 29, 2020 @ 9:53 am By Samantha Hurst  |  

UK-based fintech Flux announced on Wednesday it has named UK consumer banking group Barclays its first strategic investment partner. Flux reported that Barclays has been a long-time supporter of its platform and has been involved with the company since 2017 when its executives joined the… Read More

January 29, 2020 @ 8:06 am By Samantha Hurst  |  

Royal Bank of Scotland recently announced its new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow. The banking group revealed it is setting a target to support and inspire 500K people to consider starting a business,… Read More

January 28, 2020 @ 1:16 pm By Samantha Hurst  |  

PeerStreet, a leading platform for investing in real estate backed loans, announced on Tuesday it has appointed Ellen Coleman as its new Chief Financial Officer. Coleman reportedly joined the PeerStreet team last year and was previously named  EVP of Finance. The platform noted that Coleman… Read More

January 28, 2020 @ 8:33 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Tuesday it has made an investment in Contour, a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs). … Read More

January 26, 2020 @ 11:28 pm By Samantha Hurst  |  

AlphaCredit, a Latin American fintech that specializes in consumer lending and financial solutions for SMEs, announced on Sunday it has signed an equity round for up to $125 million. The round is led by SoftBank’s Latin America Fund and will notably allow AlphaCredit to continue… Read More

January 26, 2020 @ 11:08 pm By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, is set to close its equity crowdfunding campaign on Seedrs with nearly £650,000 secured. The campaign, which has attracted more than 500 Seedrs investors, launched last month with a mission to raise £600,000. As… Read More

January 24, 2020 @ 9:20 am By Samantha Hurst  |  

Pine Labs, an India-based merchant commerce platform, has received a significant investment from multinational financial services giant Mastercard. According to Pine Labs and Mastercard, the investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the… Read More

January 23, 2020 @ 10:52 pm By Samantha Hurst  |  

Beacon Platform, a cloud-based enterprise technology and capital markets software solution vendor, announced on Thursday it secured $20 million through its Series B funding round, which was led by Centana Growth Partners, with participation from existing investors, PIMCO and Global Atlantic. Founded in 2014, Beacon… Read More

January 23, 2020 @ 7:45 am By Samantha Hurst  |  

UK-based online mortgage broker, Trussle, announced on Wednesday it has raised a further £7.5m in funding as it continues its technology expansion. Trussle revealed that the investment includes funding from a new investor, the Dutch-based Rabo Frontier Ventures (RFV), alongside existing investors, Goldman Sachs Merchant Banking… Read More

January 22, 2020 @ 3:45 pm By Samantha Hurst  |  

The Royal Bank of Scotland recently announced it has launched a new £7 million program to help support communities and organizations across Scotland. The banking group reported that the Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027… Read More

January 22, 2020 @ 3:32 pm By Samantha Hurst  |  

Demica, a UK-based company that provides working capital solutions to a wide range of major corporations and financial institutions, announced on Wednesday it secured $30 million through its Series C funding round, which was led by Simcah Management LLC. Founded in 1992, Demica revealed it… Read More

January 22, 2020 @ 2:55 pm By Samantha Hurst  |  

Incognito and encrypted DNA extraction kit brand, Genobank.io, has launched a crowdfunding campaign on Republic. The company successfully raised its minimum $100,000 funding target. Founded in 2014, Genobank.io’s kits notably enable users to establish ownership & control of their genomic data using a decentralized blockchain-based… Read More

January 22, 2020 @ 1:22 pm By Samantha Hurst  |  

Liberis, a UK-based fintech, announced on Wednesday it secured £32 million through its latest investment round as it prepares to expand its services in both the U.S. and Europe. This new investment comes less than two years after Liberis received £57.5 million in combined funding… Read More

January 22, 2020 @ 11:26 am By Samantha Hurst  |  

U.S. venture capital firm Canapi Ventures announced on Wednesday the launch of its inaugural venture capital funds. The funds, which are centered around early to growth-stage financial technology investment opportunities, have received $545 million in commitments from a “robust” institutional investor base.  “Canapi focuses on… Read More

January 21, 2020 @ 1:25 pm By Samantha Hurst  |  

Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, has reportedly secured $35 million through its Series B funding round. Along with the investment announcement, the company revealed it is now teaming up… Read More

January 20, 2020 @ 4:27 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Monday it secured €90 million through its latest investment round, which was co-led by Dawn Capital, HMI Capital, and Insight Partners. The latest funding comes less than a year after Tink… Read More

January 20, 2020 @ 3:38 pm By Samantha Hurst  |  

FeedStock, an AI-driven SaaS business that uses the latest natural language processing technologies to enable financial services companies to meet both their compliance requirements and commercial goals, announced on Monday it secured £2.5 million through its latest investment round, which was led by Praetura Ventures… Read More