Tagged: investment

May 24, 2019 @ 8:03 am By Samantha Hurst  |  

U.S.-based fintech Zero Financial announced on Thursday it secured $20 million through its Series A financing round, which was led by New Enterprise Associates (NEA). The round brings the company total equity and debt funding to $35 million from top investors, such as NEA, SignalFire,… Read More

May 23, 2019 @ 9:58 pm By Samantha Hurst  |  

Canada-based fintech and global digital investing service, Wealthsimple announced on Wednesday it received a $100 million through its latest investment round, which was led by Allianz X, a digital investment unit of the Germany-based Allianz Group, a global insurer and asset manager.  Wealthsimple reported that… Read More

May 22, 2019 @ 4:11 pm By Samantha Hurst  |  

Snapsheet, a U.S.-based insurtech that’s focused in virtual claims solution, announced earlier this week it raised $29 million through its Series E funding round, which was led by Tola Capital, a venture capital firm that focuses on enterprise software. It includes participation from new investors,… Read More

May 21, 2019 @ 3:32 pm By Samantha Hurst  |  

Ivalua, a provider of global spend management cloud solutions, today announced that it has raised $60 million in growth equity funding to further accelerate its rapid growth. This capital raise values the company at a ‘unicorn’ level of more than $1 billion. Founded in 2000,… Read More

May 20, 2019 @ 12:16 pm By Samantha Hurst  |  

Modulr, a Payments as a Service API Platform for digital businesses, announced on Monday it secured £14 million through its latest investment round, which was led by new investors Frog Capital as well as further investment from existing investors including Blenheim Chalcot. Founded in 2015,… Read More

May 16, 2019 @ 2:01 pm By Samantha Hurst  |  

Operating system of finance, OpenFin, announced on Thursday it secured $17 million through its Series C funding round, which was led by Wells Fargo with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Founded in 2010, OpenFin… Read More

May 15, 2019 @ 9:24 am By Samantha Hurst  |  

KOHO, a fintech startup that offers Canadians an alternative to traditional banking, announced on Wednesday it secured $42 million through its latest funding round, which was led by Portag3 Ventures, with participation from Greyhound Capital and other strategic investors. Founded in 2014, KOHO stated that… Read More

May 14, 2019 @ 9:29 am By Samantha Hurst  |  

ClickSWITCH, a U.S. fintech that claims it simplifies and automates the switch of direct deposits and recurring payments for financial institutions’ new and existing account holders, announced on Tuesday it raised $13 million through its Series B financing round, which was led by Commerce Ventures… Read More

May 14, 2019 @ 8:29 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, announced on Tuesday it secured $56 million through its Series B investment round led by Stripes, a leading New York-based growth fund, with participation from existing investors, Kinnevik, Creandum, and Founders. This funding comes less than a year after Pleo… Read More

May 8, 2019 @ 3:14 pm By Samantha Hurst  |  

Less than six months after securing $17.5 million through its Series B funding round, UK money transfer fintech TransferGo announced it received $3.4 million from French capital firm Seventure Partners to add to the funding round. As previously reported, TransferGo currently offers transfers between nearly 50… Read More

May 2, 2019 @ 9:40 pm By Samantha Hurst  |  

Indio Technologies, a California-based insurtech platform for brokers, announced on Thursday it secured $20 million through its Series B funding round, which was led by Menlo Ventures with participation from 8VC.  As previously reported, Indio was founded in 2016 and describes itself as a technology… Read More

May 2, 2019 @ 2:57 pm By Samantha Hurst  |  

Checkout.com, a global payment solutions provider based in the UK, announced on Thursday it secured $230 million through its Series A funding round, which was led by growth investors Insight Partners and DST Global. Singapore’s sovereign wealth fund GIC, Blossom Capital, Endeavor Catalyst and other… Read More

May 2, 2019 @ 2:41 pm By Samantha Hurst  |  

Blockchain technology firm Fineqia International Inc. announced on Thursday it has invested in Wave Financial Group, LLC (Wave), a blockchain-focused company. According to Fineqia, Wave undertakes early-stage investment, asset management, treasury management and strategy consulting to enhance the adoption of blockchain technologies worldwide. “Wave draws… Read More

May 1, 2019 @ 3:55 pm By Samantha Hurst  |  

Tickr, a UK-based investment mobile app, has successfully secured its initial £500,000 through equity crowdfunding platform Seedrs. The funding round was launched last month and has attracted more than 400 investors. As previously reported, Tickr describes itself as an impact investment app that has broken down… Read More

April 30, 2019 @ 11:16 am By Samantha Hurst  |  

Divvy, a modern payment and expense management platform for business, announced on Tuesday it secured $200 million through its Series C financing round led by NEA, with participation from existing investors Pelion Venture Partners and Insight Venture Partners. According to Divvy, the Series C is… Read More

April 29, 2019 @ 2:57 pm By Samantha Hurst  |  

Finitive, a Fintech that connects institutional investors with alternative lending investments, announced on Monday it secured $6 million through its latest seed funding round, which was led by Atomic Labs. Finitive is described as a fintech platform that provides institutional investors with zero-fee access to alternative… Read More

April 29, 2019 @ 8:26 am By Samantha Hurst  |  

Tickr, a UK-based investment mobile app, is now seeking 500,000 through its new equity crowdfunding campaign on Seedrs. Founded in 2017, Tickr describes itself as an impact investment app that has broken down the barriers for people to save towards their future by investing in… Read More

April 25, 2019 @ 9:32 pm By Samantha Hurst  |  

Finablr, a global platform for payments and foreign exchange solutions, is reportedly seeking to raise $200 million as it prepares to list on the London Stock Exchange. Finablr describes itself as a global platform that brings together full-service Payments and Foreign Exchange solutions underpinned by… Read More

April 25, 2019 @ 2:34 pm By Samantha Hurst  |  

FinanZero, a marketplace for consumer loans in Brazil, announced on Thursday it secured $11 million through its Series B funding round. Participants of the round were Atlant Fonder, Dunross & Co, and Vostok Emerging Finance. As previously reported, FinanZero describes itself as an independent broker… Read More

April 24, 2019 @ 3:28 pm By Samantha Hurst  |  

UK-based challenger bank Masthaven announced on Wednesday it secured £60 million equity investment by Värde Partners, a global alternative investment firm. According to Masthaven, the investment will enable the bank to deliver against its strategic ambition to become one of the leading specialist banks in… Read More