Tagged: investment

May 13, 2021 @ 10:27 pm By Samantha Hurst  |  

  Nevomo, a Poland- based transportation tech, has successfully surpassed its initial €1 million funding target through its equity crowdfunding campaign on Seedrs. Founded in 2015, Nevomo stated it has developed technology for a magrail system, which it describes as a passive magnetic levitation train… Read More

May 13, 2021 @ 4:01 pm By Samantha Hurst  |  

Alice, a mobile Decentralized Finance (DeFi) application, announced on Thursday it raised $2 million through its latest seed funding round, which was led by Arrington Capital. Alice is reportedly powered by Terra, the Proof-of-Stake blockchain network built on the Cosmos SDK that deploys a suite… Read More

May 13, 2021 @ 3:19 pm By Samantha Hurst  |  

Relay, a Canada-based digital banking platform for small businesses, announced on Thursday it raised US$19.4 million in funding, which includes US$15 million through its Series A funding round that was led by Bain Capital Ventures and seed round of $4.4 million led by Better Tomorrow… Read More

May 13, 2021 @ 9:13 am By Samantha Hurst  |  

  Our Mayberry, a U.S.-based e-commerce platform, announced on Thursday it raised $1.2 million through its convertible note seed round. According to Our Mayberry, investment groups from medical services and restaurant industries led the round. Founded in 2019, Our Mayberry describes itself as an online e-commerce… Read More

May 12, 2021 @ 2:36 pm By Samantha Hurst  |  

  Insurtech company Ethos announced on Tuesday it secured $200 million through its Series D funding round, which was led by General Catalyst, with participation from Sequoia Capital, Accel, GV (formerly Google Ventures),  Jay-Z’s Roc Nation, and Glade Brook Capital Partners. Ethos reported that the investment round… Read More

May 12, 2021 @ 12:57 pm By Samantha Hurst  |  

  Stampli, an U.S.-based fintech that is focused on AI-driven AP automation, announced on Wednesday it raised $50 million through its Series C funding round, which was led by Insight Partners with participation from SignalFire and Nextworld Capital. The latest investment round brings Stampli’s total funding to more than… Read More

May 12, 2021 @ 10:43 am By Samantha Hurst  |  

  Treasury Prime, a U.S.-based API banking platform, announced on Wednesday it secured $20 million through its Series B insider funding round, which was co-led by Deciens Capital and QED Investors, with participation from SaaStr Fund, and Susa Ventures. As previously reported, Treasury Prime states it builds APIs… Read More

May 11, 2021 @ 2:23 pm By Samantha Hurst  |  

    Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it is planning to launch an equity crowdfunding campaign on Crowdcube.  As previously reported, Curve is on a mission to simplify the… Read More

May 11, 2021 @ 1:05 pm By Samantha Hurst  |  

  CloudWalk, a Brazil-based payment technology network, announced on Tuesday it raised US$190 million through its Series B funding round, which was led by Coatue with participation from DST Global, FIS, The Hive Brazil, and Valor Capital. The latest investment round brings CloudWalk’s total funding raised… Read More

May 11, 2021 @ 12:04 pm By Samantha Hurst  |  

  Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Tuesday it secured $55 million through its Series B investment, which was led by Group 11 with participation from Target Global and AltaIR. The investment round brings Lili’s total funding to $80 million. … Read More

May 11, 2021 @ 9:32 am By Samantha Hurst  |  

  Tonik, a neobanking group based in the Philippines, announced on Tuesday it secured $17 million through its Pre-Series B investment round, which was led by iGlobal Partners with participation from Sequoia India, Altara Ventures, and Insignia Venture Partners, Citius, Baring Vostok Private Equity, and… Read More

May 10, 2021 @ 3:57 pm By Samantha Hurst  |  

Penfold, a UK-based digital pension solution, has successfully secured more than £3 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise a minimum of £1 million, has attracted nearly 700 Crowdcube investors so far. Launched in 2019, Penfold stated its mission… Read More

May 10, 2021 @ 9:32 am By Samantha Hurst  |  

  Expend, a UK-based AI-powered fintech, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted more than 100 Seedrs investors. Founded in 2016, Expend claims it has steadily grown its customer… Read More

May 10, 2021 @ 9:21 am By Samantha Hurst  |  

  Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, with participation from Tiger Global Management. Founded in 2018, Babel… Read More

May 10, 2021 @ 7:07 am By Omar Faridi  |  

Fronted, the rental deposit lending company, has reportedly secured more than £1 million as part of a debt and equity deal, which increased the firm’s total funds raised to £2 million. Co-founders of UK-based banking challenger Monzo, Paul Rippon and Gary Dolman, who were serving… Read More

May 7, 2021 @ 2:02 pm By Samantha Hurst  |  

  Bitpanda, a Vienna-based digital investment platform, announced on Friday it secured an additional €10 million as an extension of its Series B investment round, which was announced last month. The investment round, which intentionally raised $170 million and increased the company’s valuation to $1.2bn as… Read More

May 6, 2021 @ 10:25 pm By Samantha Hurst  |  

    Prominent Fintech venture capital firm QED Investors announced on Thursday it has closed a $12 million network-driven fund to support both seed and pre-seed fintech startups in Latin America. QED reported that the fund will expand its reach across geographies, business models, and teams…. Read More

May 6, 2021 @ 10:04 am By Samantha Hurst  |  

  ReCharge, a U.S.-based subscription e-commerce platform, announced on Thursday it scored $277 million through its Series B investment round, which was led by Summit Partners, ICONIQ Growth, Bain Capital Ventures. Founded in 2014, ReCharge claims to be the leading provider of subscription management software… Read More

May 5, 2021 @ 3:27 pm By Samantha Hurst  |  

  TheCarCrowd, a UK-based “passion asset” investment platform for cars, is set to close its equity crowdfunding campaign on Seedrs with nearly £300,000 raised. The funding round, which launched last month, has attracted more than 220 Seedrs investors.  As previously reported, TheCarCrowd claims it is building the… Read More

May 5, 2021 @ 9:26 am By Samantha Hurst  |  

  Bitso, a Mexico-based crypto platform, announced on Wednesday it has achieved unicorn status after raising $250 million through its Series C investment round, which was led by Tiger Global and Coatue with participation from Paradigm, BOND & Valor Capital Group, QED, Pantera Capital, and Kaszek. The… Read More