Tagged: investment

January 17, 2019 @ 9:01 pm By Samantha Hurst  |  

Fundrise, a real estate platform that leverages Reg A+ to offer access to investments for both accredited and non-accredited investors, announced on Thursday it distributed more than $5.9 million in dividends during the fourth quarter of 2018. The funding portal revealed investors earned more than… Read More

January 16, 2019 @ 3:35 pm By Samantha Hurst  |  

Theta Lake, a U.S.-based compliance artificial intelligence (AI) for video, voice, and unified digital communication firm, announced on Wednesday it secured $5 million through its latest seed funding round, which was led by Neotribe Ventures. Founded in 2017, Theta Lake provides a purpose-built product suite for automatic… Read More

January 13, 2019 @ 11:14 pm By Samantha Hurst  |  

Iceland-based fintech startup Monerium announced on Friday it secured $2 million through its latest seed funding round led by the Nordic VC fund, Crowberry Capital, with the participation of NY-based blockchain software technology company, ConsenSys, and Hof Holdings. The funds from the round will be used to issue… Read More

January 13, 2019 @ 10:09 pm By Samantha Hurst  |  

Ping An Insurance Company of China, Ltd. (HKEx: 2318; SSE: 601318) announced over the weekend that the Ping An Global Voyager Fund has invested in AI medical solution company Airdoc during its B+ round of funding. Ping An reported it has led the round along with… Read More

January 11, 2019 @ 10:31 am By Samantha Hurst  |  

Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions in the world, announced on Friday the establishment of MUFG Innovation Partners Co., Ltd. (MUIP), which will manage corporate venture capital funds of MUFG to accelerate open innovation and strengthening partnerships with fintech related… Read More

January 10, 2019 @ 7:58 am By Samantha Hurst  |  

Germany-based challenger bank N26 announced on Wednesday it secured $300 million through its Series D funding round, which was led by venture capital and private equity firm Insight Venture Partners, with participation from GIC, Singapore’s sovereign wealth fund, and several existing investors. The company reported the funds… Read More

January 8, 2019 @ 9:51 pm By Samantha Hurst  |  

BBVA announced on Tuesday its investment arm Propel Venture Partners led the latest funding round for invisible payments firm, Grabango. Founded in 2016, Grabango describes itself as a “leading” provider of checkout free shopper technology for existing stores. The company claims its solution is the only… Read More

January 7, 2019 @ 4:07 pm By Samantha Hurst  |  

LendingFront, a U.S.-based small business lending software provider, has raised $4 million through its Series A funding round, which was led by Information Venture Partners with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners as well as existing investors Struck Capital, ValueStream Ventures… Read More

January 7, 2019 @ 1:52 pm By Samantha Hurst  |  

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on Monday it has received a signed commitment from PT. Investa Wahana Group, Indonesia to invest $200 million, subscribing for $100 million in shares of the company’s Series F and an addition $100 million in shares of its Series G Convertible Preferred… Read More

December 31, 2018 @ 8:12 am By Samantha Hurst  |  

Aflac Incorporated (NYSE: AFL) announced on Monday it has made a $20 million minority equity investment in Singapore Life Pte. Ltd., a life insurtech company based in Singapore. The insurance giant also reported its operating subsidiary American Family Life Assurance Company of Columbus plans to enter into a reinsurance agreement on certain protection… Read More

December 21, 2018 @ 9:13 am By Samantha Hurst  |  

TicketGuardian, an insurtech startup that’s aiming to shake up the ‘no refunds’ standard of live events ticketing, announced this week it has secured $8 million through its Series A funding round, which was led by American Family Ventures and IA Capital Group. Founded in 2016, TicketGuardian is an… Read More

December 20, 2018 @ 7:48 am By Samantha Hurst  |  

UK-based fintech Flux announced on Wednesday it secured $7.5 million through its Series A round, which was led by e.ventures, a global venture capital firm which has previously backed Farfetch, Sonos and Groupon, along with participation from existing investors PROfounders and Anthemis. Founded in 2016, Flux is… Read More

December 19, 2018 @ 10:14 am By Samantha Hurst  |  

Crypto investment and infrastructure platform, Layer1, announced on Wednesday it secured $2.1 Million through its latest seed funding round, which was backed by various investors, including Peter Thiel, Digital Currency Group, and Jeffrey Tarrant.  Layer1 describes itself as a cryptoasset investment and infrastructure platform that… Read More

December 19, 2018 @ 9:21 am By Samantha Hurst  |  

Following its previous announcement of raising $70 million, Clearbanc, a company that funds marketing for fast-growing e-commerce brands, recently announced it has seen a surge in interest for its financial products. This quick and intensive growth has motivated an additional $50 million investment from Seamless (now… Read More

December 18, 2018 @ 9:23 am By Samantha Hurst  |  

B-Social, a UK-based fintech that has created a banking mobile app, has successfully secured £3.2 million through its latest seed funding round. Founded in 2016, B-Social describes itself a company that is developing innovative services for a “new generation of customer.” The company explained: “Our mission is… Read More

December 17, 2018 @ 4:25 pm By Samantha Hurst  |  

Goldex, a UK-based trading technology platform that allows users to invest in physical gold, announced last week it secured more than £1 million through its pre-series A round, which was reportedly led by a group of prominent angel and institutional investors in the financial, payment and… Read More

December 16, 2018 @ 11:25 pm By Samantha Hurst  |  

Abundance, a renewable crowdfunding platform that allows investors the opportunity to earn money while making the world a better place, has successfully secured more than £1.5 million through its equity crowdfunding campaign on Seedrs. The round was launched in October, originally seeking £1.2 million, with the platform reporting… Read More

December 12, 2018 @ 12:29 pm By Samantha Hurst  |  

San Francisco fintech startup YayPay announced on Wednesday it raised $8.4 million dollars in funding to further its drive to bring automation to the back-office finance operations of mid-sized enterprises. The funding round was led by Information Venture Partners with follow-on investment from existing shareholders including Birchmere, QED, Fifth… Read More

December 12, 2018 @ 11:23 am By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi announced on Wednesday it secured $4 million in convertible debt investments led by Akuna Capital with participation from Susquehanna Government Products, LLLP, CMT Digital, Recruit Strategic Partners, Galaxy Digital Ventures, Morgan Creek Digital and Devonshire Investors, the private equity group affiliated with FMR LLC, the parent… Read More

December 11, 2018 @ 3:02 pm By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Tuesday that it is secured $250 million through its Series C funding round, which was reportedly led by venture capitalist and Internet Trends author, Mary Meeker. Plaid was founded in 2012 and focuses on enabling innovation and democratizing… Read More