Tagged: investment

October 29, 2018 @ 11:11 am By Samantha Hurst  |  

Prop-tech startup Brickowner announced on Monday it has reached a significant milestone. The investment platform reported its first loan was redeemed securing investors an annual return of 8%. According to Brickowner, the loan was monitored and managed on behalf of the platform by E&H Ltd. and… Read More

October 26, 2018 @ 11:45 am By Samantha Hurst  |  

UK-based online lender LendInvest confirmed on Thursday that the European Investment Fund participated in its recently announced Series C financing, with the investment from its Luxembourg Future Fund (LFF). The Series C funding round, which was comprised of both debt and equity, secured $39.5 million (£30.5 million)…. Read More

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

Spiking, a Hong Kong-based fintech that’s blockchain platform allows traders to find Whales (i.e. key executives behind cryptocurrency tokens, mining pools and/or large holders) and follow their cryptocurrency trades, successfully secured $30 million through its oversubscribed private token sale. Founded in 2016, Spiking stated it aims… Read More

October 19, 2018 @ 10:46 am By Samantha Hurst  |  

FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More

October 19, 2018 @ 7:57 am By Samantha Hurst  |  

Tez Financial Services, a Pakistan-based fully digital Non-Bank Microfinance Company (NBMFC),  announced on Friday it secured $1.1 million in a seed round led by Omidyar Network, the impact investment firm established by eBay founder, Pierre Omidyar, with participation from Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N…. Read More

October 18, 2018 @ 11:01 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Thursday it has completed its latest Series B funding round, which raised $58.5 million. The company attracted new investors through the round, such as Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures LLC, a venture investment firm founded by… Read More

October 17, 2018 @ 4:21 pm By Samantha Hurst  |  

Commercial property investment marketplace CrowdStreet announced on Wednesday it is now raising $25 million for the company’s first CrowdStreet Blended Portfolio investment offering. The investment platform revealed that in order to provide individual investors and registered investment advisors another way to diversify their investments with commercial… Read More

October 16, 2018 @ 2:06 pm By Samantha Hurst  |  

U.S. based private equity and operating firm HCS Capital announced on Tuesday it invested $3 million in Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America. HSC Capital reported that the insurtech investment marks the most recent… Read More

October 10, 2018 @ 11:32 am By Samantha Hurst  |  

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it secured $20 million through its Series B financing round, which was led by Generation Partners. As previously reported, PayActiv was founded in 2012 and described itself as a holistic financial wellness platform for… Read More

October 7, 2018 @ 8:55 pm By Samantha Hurst  |  

Hokodo, a London and Paris-based insurtech that provides B2B marketplaces and accounting platform with small business insurance through APIs, announced earlier this week it secured €1.9 million through its latest seed funding round, which was led by European venture capital firm Anthemis. Founded earlier this year,… Read More

October 5, 2018 @ 3:00 pm By Samantha Hurst  |  

Brex, a U.S.-based fintech that’s focused on creating corporate cards for startups, announced on Friday it secured $125 million through its Series C funding round, which was led by Greenoaks Capital and DST Global. Along with the investment, Brex customers are now able to sign up… Read More

October 2, 2018 @ 2:05 pm By Samantha Hurst  |  

German insurtech Simplesurance has reportedly secured $11.5 million investment from multinational insurance company TMHD and  Franco-German financial group ODDO BHF. This news comes just a few months after Simplesurance raised $24 million during its Series C funding round, which was led by Allianz X.  As previously reported, Simplesurance was founded in… Read More

October 2, 2018 @ 9:05 am By Samantha Hurst  |  

Kontist, a Berlin-based challenger bank, announced on Tuesday it secured a Series A investment to expand the financial services available to freelancers, small businesses, and entrepreneurs. The round was led by Haufe Group, one of Germany’s providers of digital workplace solutions and services with participation from… Read More

September 28, 2018 @ 9:43 am By Samantha Hurst  |  

SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors, announced this week it has added trading support for cryptocurrency Litecoin (LTC) as part of its plans to become a premier institutional crypto asset management platform. Founded in 2014, SFOX is a platform that provides professional… Read More

September 28, 2018 @ 8:42 am By Samantha Hurst  |  

Aave, a Switzerland-based tech company which specializes in the development of decentralized and hybrid blockchain applications, today announced the launch of Aave Venture. According to Aave, the new venture will invest in projects to help startups implement innovative ideas in their respective industries. The company… Read More

September 26, 2018 @ 4:52 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it secured $245 million through its latest funding round, which was led by Tiger Global. The new funds reportedly bring the Fintech’s value up to $20 billion. Founded in 2010, Stripe describes itself as a platform that offers a… Read More

September 25, 2018 @ 3:45 pm By Samantha Hurst  |  

Nummo announced on Tuesday it secured $1.9 million in seed funding and officially launched its personal finance management platform. Founded in 2016, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and improve your… Read More

September 24, 2018 @ 12:12 pm By Samantha Hurst  |  

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

September 10, 2018 @ 9:34 am By Samantha Hurst  |  

Beacon Platform, Inc., a global financial technology company, announced on Monday it has closed its Series A funding round, led by PIMCO, as previously announced. Global investment bank Barclays, as well as the Global Atlantic Financial Group also participated in the funding round. Since its… Read More

September 10, 2018 @ 8:46 am By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Monday it invested £2.5 million in Unmortgage as part of the UK-based startup’s £10 million seed funding round. Founded in 2016, Unmortgage describes itself as a company that offers a completely new way for people to get on “the… Read More