Tagged: investment

August 7, 2019 @ 2:40 pm By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced on Wednesday it raised $5 million through its Series B preferred equity round, which was led by FINTOP Capital with participation from existing investors such as ManchesterStory Group and… Read More

August 7, 2019 @ 11:31 am By Samantha Hurst  |  

C2FO, a fintech firm and market for working capital based in the U.S., announced on Wednesday it secured $200 million through its latest investment round, which was led by the SoftBank Vision Fund with participation from existing investors Temasek and Union Square Ventures. Founded in 2008,… Read More

August 6, 2019 @ 12:42 pm By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi announced on Tuesday it secured $18.3 million through its Series A funding round, which was led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, and PJC.  As previously reported, BlockFi… Read More

August 6, 2019 @ 12:29 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it secured $460 million through its latest equity funding round, bring its post-money valuation to $5.5 billion. The round was led by Dragoneer Investment Group, a San Francisco based growth-oriented investor. Other investors in the round include Commonwealth Bank… Read More

August 6, 2019 @ 8:28 am By Samantha Hurst  |  

Digital bank Penta announced on Monday it secured €8 million through its latest investment round, which was led by HV Holtzbrinck Ventures. Founded in 2017, Penta describes itself as a digital platform for business banking that is aimed towards SMEs and startups. Its key mission… Read More

August 4, 2019 @ 10:37 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Seedrs, Assetz Exchange, a UK-based property crowdfunding platform, has successfully secured its initial £350,000 funding target. The funding round has attracted more than 150 investors. As previously reported, Assetz Exchange describes itself as a… Read More

August 2, 2019 @ 10:13 pm By Samantha Hurst  |  

ePayRails, a U.S.-based payment as a service provider (PaaS), announced earlier this week it secured $2.45 million through its Series A funding round, which was led by Aspire Fund Management. Founded in 2018, ePayRails stated it enables billers and payers to control the way they… Read More

July 31, 2019 @ 2:54 pm By Samantha Hurst  |  

Assetz Exchange, a UK-based property crowdfunding platform, is now seeking a minimum £350,000 in funding through its equity crowdfunding campaign on Seedrs. Founded in 2018, Assetz Exchange describes itself as a revolutionary new crowdfunding property investment platform. This is the buy-to-let you know, without the… Read More

July 31, 2019 @ 2:40 pm By Samantha Hurst  |  

German blockchain banking group Bitwala announced on Wednesday it secured €13 million through its Series A funding round, which was led by Sony Financial Ventures and NKB Group. As previously reported, Bitwala’s mission is to empower people to exchange ideas. The company recently secured €4… Read More

July 30, 2019 @ 9:47 am By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Tuesday it secured $7 million through its Series B funding round, which was led by Galaxy Investment Partners LLC, the family office of Michael Novogratz, with… Read More

July 29, 2019 @ 1:23 pm By Samantha Hurst  |  

StashAway, a company that claims to be the first robo-adviser to receive a retail license in Singapore, announced on Monday it raised $12 million through its Series B funding round. Investors of the round include  Eight Roads and Asia Capital & Advisors! Eight Roads, the… Read More

July 25, 2019 @ 9:54 am By Samantha Hurst  |  

Payconiq, a Luxembourg-based fintech, announced this week it secured €20 million through its latest investment round led by its existing shareholders. Founded in 2014, the mobile payments platform claims it has built a sustainable ecosystem through an open-API approach and flexible microservices, focusing on consumers,… Read More

July 24, 2019 @ 11:20 am By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Wednesday it secured $100 million Series D funding round led by Bond, a global technology investment firm founded by Mary Meeker, Mood Rowghani, Noah Knauf and Juliet de Baubigny. Hippo reported that since its launch in 2017, its “modern take”… Read More

July 23, 2019 @ 1:24 pm By Samantha Hurst  |  

Zeta, an India-based fintech company, announced on Tuesday it has secured a Series C investment from Sodexo Benefits and Rewards (BRS), at a valuation of $300 million. Founded in 2015, Zeta, part of the Directi Group, describes itself as a fintech leader offering a wide… Read More

July 23, 2019 @ 12:13 pm By Samantha Hurst  |  

Robinhood announced on Monday it secured $323 million through its Series E funding round, which was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital. Founded in 2013, Robinhood reported that it is on a  mission to democratize… Read More

July 22, 2019 @ 11:17 am By Samantha Hurst  |  

Paymate, an India-based B2B payments platform, has reportedly secured $25 million through its Series D funding round, which included participation from credit card giant, Visa, as well as other investors like Recruit Strategic Partners (Venture capital Arm of Recruit Co. Ltd. Japan), Brand Capital, existing… Read More

July 22, 2019 @ 9:31 am By Samantha Hurst  |  

UK-based digital banking group Atom Bank announced on Monday it secured £50 million through its latest investment round, which included participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP. “Atom continues to be a fast-growing challenger in the UK’s lending… Read More

July 19, 2019 @ 1:41 pm By Samantha Hurst  |  

Ethic Inc., a U.S. asset management platform that powers sustainable investment portfolios, announced on Thursday it secured $13 million through its Series A funding round, which was led by Nyca Partners with participation from Sound Ventures, Fidelity Investments, ThirdStream Partners, Urban Innovation Fund and Kapor… Read More

July 18, 2019 @ 2:06 pm By Samantha Hurst  |  

N26, a European digital-only bank, announced on Thursday a $170 million extension of its Series D funding round to $470 million. N26 reported that the extension drives the bank’s valuation to $3.5 billion, claim it to be the highest valued German startup. To date, N26 has raised more… Read More

July 16, 2019 @ 3:05 pm By Samantha Hurst  |  

Finix, a U.S.-based fintech startup that specializes in payments, announced on Tuesday it secured $17.5  million through its Series A funding round. Matt Harris from Bain Capital Ventures, which led the round, will be joining our board of directors. Founded in 2016, Finix claims to… Read More