Tagged: investment

September 26, 2019 @ 8:05 am By Samantha Hurst  |  

Klar, a Mexico-based challenger bank, announced on Thursday it secured $7.5 million through its seed financing round. The company also reported that it raised an additional $50 million in debt funding. The latest seed round was led by Quona Capital, a fintech venture firm which leverages… Read More

September 24, 2019 @ 11:43 am By Samantha Hurst  |  

Global payables platform Tipalti announced on Tuesday it secured an additional $76 million through its Series D funding round, which was led by Zeev Ventures with participation from 01 Advisors (a fund founded by Twitter’s former CEO and COO) and Greenspring Associates. Tipalti reported it… Read More

September 24, 2019 @ 8:09 am By Samantha Hurst  |  

Nationwide announced on Tuesday it is investing in BankiFi, which is a business banking technology provider that uses open banking to provide a suite of business microservices which plug into banking infrastructure through APIs. Founded in 2018, BankiFi revealed it offers financial institutions a consent… Read More

September 22, 2019 @ 10:27 pm By Samantha Hurst  |  

Assetz Exchange, a UK-based property crowdfunding platform, is nearing £450,000 in funding through its equity crowdfunding campaign on Seedrs. The campaign was launched earlier this summer, originally seeking £350,000. The crowdfunding portal is offering 4.83% in equity at a £6,902,276 pre-money valuation. As previously reported,… Read More

September 19, 2019 @ 9:49 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it secured $250 million through latest funding round at a new pre-money valuation of $35 billion. Investors involved in the funding round included General Catalyst, Sequoia, and Andreessen Horowitz. The latest round of funding comes just days after Stripe… Read More

September 18, 2019 @ 7:58 am By Samantha Hurst  |  

Ping An Insurance Group announced on Wednesday its Ping An Global Voyager Fund is leading an investment of $15 Million in Riverain Technologies, which is a provider of clinical artificial intelligence software used to efficiently detect lung disease at its earliest stages. According to Ping… Read More

September 17, 2019 @ 2:26 pm By Samantha Hurst  |  

Broker Buddha, a U.S.-based insurtech platform, announced on Tuesday it secured $4.5 million through its latest investment round, which was invested by Vertex Ventures. Founded in 2017, Broker Buddha explained it is transforming the application and renewal process to make insurance agencies more efficient and… Read More

September 16, 2019 @ 4:29 pm By Samantha Hurst  |  

Greenlight Financial Technology, Inc., a U.S.-based fintech company that created a smart debit card for kids, teens, and college students, announced on Monday it secured $54 million through its Series B funding round, which was led by Drive Capital with participation from JPMorgan Chase and… Read More

September 12, 2019 @ 2:35 pm By Samantha Hurst  |  

Argyle, A U.S.-based company that provides infrastructure for consumers to connect their workforce platforms to businesses, announced on Thursday it secured $2.6 million through its seed round, which was led by Checkr and Bain Capital Ventures. Founded last year, Argyle states its mission is to… Read More

September 11, 2019 @ 11:36 am By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Tuesday it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs for the Information & Intelligence – Crowdfunding category. According to PeerStreet, CRETech’s RETAS recognizes the year’s most innovative and cutting-edge companies that have played an integral role… Read More

September 9, 2019 @ 3:45 pm By Samantha Hurst  |  

Sonovate, a UK-based fintech provider, announced on Monday it raised £110 million through its latest debt and equity financing round, which was led by M&G Investments, MXB Holdings Inc, Dawn Capital, and Rocket Internet SE. Founded in 2012, Sonovate reported it has created an end-to-end… Read More

September 9, 2019 @ 11:49 am By Samantha Hurst  |  

Spendesk, a France-based smart spending management software company, announced on Monday it secured  €35 million through its Series B funding round, which was led by Index Ventures, who previously led the company’s €8 million Series A round. Founded in 2016, Spendesk describes itself as a… Read More

September 9, 2019 @ 10:15 am By Samantha Hurst  |  

PEAK6, a U.S.-based investment and technology firm, announced on Monday it has acquired Electronic Transaction Clearing, a custodian and clearing provider. According to PEAK6, ETC’s institutional orientation will “expand” the company’s footprint in custody and clearing and is a direct complement to one of its… Read More

September 9, 2019 @ 8:53 am By Samantha Hurst  |  

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, reportedly secured £7 million through its latest investment round, which was led by Pentech and Outward VC.  Founded in 2012, PrimaryBid describes itself as a platform that allows private… Read More

September 6, 2019 @ 2:43 pm By Samantha Hurst  |  

goeasy Ltd. (TSX: GSY), a provider of financial services for non-prime Canadians, announced earlier this week it has formed a new partnership and invested in PayBright, a Canadian fintech platform focused on instant point-of-sale consumer financing and installment payment plans. goeasy reported that through the… Read More

September 6, 2019 @ 8:50 am By Samantha Hurst  |  

CrowdBureau, an information technology platform that offers asset and risk management tools for market players seeking more transparency in marketplace peer-to-peer lending and securities crowdfunding, announced this week it raised $1.1 million through its Series A funding round, which was led by Clydagh Limited, Estuary Holdings… Read More

September 5, 2019 @ 9:27 pm By Samantha Hurst  |  

Happy Money, a U.S.-based fintech that enables users to “break up” with their credit cards, announced on Thursday it secured $70 million through its Series D funding round, which was led by CMFG Ventures. Founded in 2009, Happy Money provides financial tools and services for “human… Read More

September 5, 2019 @ 8:41 am By Samantha Hurst  |  

T-REX, a U.S.-based analytics and data solution for complex investments, announced on Wednesday it has completed its strategic funding round, which was led by Citi (NYSE: C), the Westly Group, and Viola Fintech, with participation from innogy (ETR: IGY) and Macquarie Capital.  Founded in 2012, T-REX… Read More

September 4, 2019 @ 4:01 pm By Samantha Hurst  |  

Railsbank, a UK-based banking group, announced on Wednesday it raised $10 million through its Series A funding round, which was led by Moneta Capital with participation from CreditEase, Clocktower Technology Ventures, Singapore Life, and Firestartr. Founded in 2015, Railsbank describes itself as an open banking… Read More

September 4, 2019 @ 1:24 pm By Samantha Hurst  |  

Even Financial, an API for financial services search, acquisition, and monetization, announced on Wednesday it secured $25 million through latest investment round, which was co-led by Citi Ventures and MassMutual Ventures, with participation from LendingClub. The company’s existing investors American Express Ventures, Canaan Partners, F-Prime… Read More