Rainforest, a payment provider purpose-built for software platforms, announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.” Additional participating investors “include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of whom… Read More
Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures. Other contributors to the investment round “include Singularity Ventures and GTM Ventures.” The firm further reveals in a… Read More
Indian neobank Razorpay notes that it’s been a challenging time for people across the globe. COVID-19 has disrupted lives in many different ways, the company adds in a recent blog post. Razorpay points out that with over a year since the first lockdown, Indian businesses… Read More
Fintech companies in India are now expecting to make a recovery within the next six months, after being hit hard by the COVID-19 pandemic, which has led to many people losing their jobs and businesses shutting down. Indian Fintech firms including payments, lending and neobanking… Read More
Avail Finance, an India-based app-only online lending platform, has successfully secured $17 million in both equity and debt funding. The company stated that venture capital fund Matrix Partners led equity round while Ola founders Bhavish Aggarwal and Ankit Bhati, Flipkart’s co-founder Binny Bansal, Kunal Shah, co-founder of Freecharge;… Read More
Klook, Asia’s largest in-destination services booking platform, has raised nearly $60 million in a Series C funding round. The financing was led by Sequoia China which also led the Series B Funding. Goldman Sachs and Matrix Partners joined in the round. OurCrowd, a leading global investment… Read More
Chinese crowdfunding platform KaiStart announced this week they had closed on a Series “A+” funding round led by Matrix Partners and Vision Capital. At the end of 2015, KaiStart had revealed it had raised $5.2 million from a broad group of investors including; Incapital, Meridian… Read More
The Indian fintech platform Razorpay has raised US$9 million in Series A funding led by leading VC firm Tiger Global, with participation from existing investor Matrix Partners, according to a release. Including its US$2.5M seed funding round, the company’s total fundraise to date is US$11.5 million. Funding will be used to build Razorpay’s product and… Read More
AssetAvenue, a debt based real estate crowdfunding platform, has raised $11 million in a Series A funding round led by DCM Ventures. Founded in 2013, this significant funding will dramatically boost AssetAvenue’s growth as it invests in technology and product development. The funding is indicative of… Read More
AssetAvenue, an online peer-to-peer lending platform to invest and borrow money in commercial real estate, announced on Friday (September 12th) it has raised $3 million in funding. Matrix Partners and NetEase led the round with additional investors from the technology, venture capital and real estate industries… Read More
Oculus VR has turned Kickstarter success into what is fast-becoming one of the most interesting startups in the US today. Following a $16 million series A round, the company has announced that they have now closed an additional round of funding led by Andreessen Horowitz…. Read More
Oculus VR has raised $16 million in a round with contributions from Spark Capital, Matrix Partners, Founders Fund and Formation 8. Spark Capital and Matrix Partners led the round. Spark founder Santo Politi and Matrix partner Antonio Rodriguez both acquire seats on Oculus’s Board of… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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