Tagged: series b

Next Insurance Secures $83 Million Through Series B Round For Digital Small Business Insurance

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $83 million through its Series B funding round, which was led by Redpoint Ventures. According to Next Insurance, the funds from the round will enable the company to continue… Read More

British Savings & Investment App Moneybox Secures £14 Million Through Series B Funding Round Led By Eight Roads

Moneybox, a UK-based savings and investment app, successfully secured £14 million through its Series B funding round, which was led by Fidelity International’s proprietary investment arm, Eight Roads, with participation from existing investors Oxford Capital Partners and Samos Investments. Founded in 2015, Moneybox states its… Read More

Australian Fintech Airwallex Raises $108 Million Through Series B Funding Round

Airwallex, an Australia-based fintech company, has reportedly secured $108 million through its Series B funding round, which included investments by Tencent, Sequoia China, and Paul Bassat’s Square Peg. This news comes just a little over one year after the company raised 13 million through its Series A funding… Read More

Fintech Firm Quovo Brings Total Funding to $20 Million After Closing Series B Round Extension

On Wednesday, fintech firm Quovo announced it has extended its Series B round, bringing its total funding to $20 million. According to Quovo, the investments came from Canadian venture capital firm,  Portag3 Venture, IGM Financial Inc. and Great West-Lifeco Inc., and Salesforce Ventures. Founded in… Read More

In the Money! Jirnexu Nabs US$11M to Spend Toward Growth

Jirnexu is in the money, as the old song goes. The Kuala Lumpur-based financial services provider has nabbed US$11 million in a Series B finding round led by SBI Group and new investor SIG Asia Investments, according to Tech in Asia. The new funding will be… Read More

Wunder Capital Milestones: Raises $112 Million in Financing To Fuel Commercial Solar Growth in the U.S.

Wunder Capital, a firm that develops and manages solar investment funds through partnerships, test processes, underwriting framework and its investment portal, announced on Wednesday it secured $112 million in equity and debt financing to accelerate the growth of the company. Founded in 2013, Wunder Capital… Read More

GSVlabs Raises $7 Million Through Series B Financing Round; Appoints Nikhil Sinha As New CEO

California-based startups innovation hub GSVlabs announced on Monday it secured $7 million through its Series B financing round, which was led by a syndicate of private investors, including partners from the leading Latin American asset manager HMC Capital. Founded in 2012, GSVlabs engages with startups, corporations, international agencies, mentors,… Read More

PeerStreet Secures $29.5 Million Through Series B Funding Round to Further Transform Real Estate Investing

PeerStreet, an online platform for investing in real estate backed loans, announced on Friday it secured $29.5 million through its Series B funding round to further transform real estate investing. The round was led by World Innovation Lab. with participation from existing investors Andreessen Horowitz, Thomvest,… Read More

German Digital Only Bank solarisBank Secures €56.6 Million Through Series B Funding Round; Participants Include BBVA, Visa, & Lakestar

solarisBank, a German digital-only bank, announced on Thursday it has successfully secured  €56.6  million through its Series B funding round. Participants from the round include current investors Arvato Financial Solutions and SBI Group, renowned global companies BBVA, Visa, Lakestar and ABN AMRO’s Digital Impact Fund (DIF) have… Read More

Brazilian Mobile Payments Platform RecargaPay Secures $22 million Through Series B Investment Round

On Thursday, Brazil-based mobile payments platform RecargaPay announced it secured $22 million through its Series B investment round. According to the company, New investors include IFC, a member of the World Bank Group, TheVentureCity, and Ventech.  Reportedly, entrepreneurs Fabrice Grinda and Martin Varsavsky and more than 100 angel… Read More

StreetShares Receives $23 Million Through Series B Funding Round Led By Rotunda Capital Partners

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it secured $23 million during its Series B funding round, which was led by Rotunda Capital Partners, LLC, with participating from existing investors, including veteran-focused venture firm, Stony Lonesome Group. As previously reported, StreetShares provides small business financing through small business… Read More

California Insurtech Hippo Secures $25 Million Through Series B Financing Round Led By Comcast Ventures & Fifth Wall

Hippo, the California-based insurtech company that is transforming home insurance for savvy homeowners, announced on Monday it secured $25 million in Series B funding round, which was led by Comcast Ventures and Fifth Wall. The investment comes less than two weeks after Hippo announced it formed a strategic partnership with… Read More

MoneyLion Secures $42 Million Through Series B Funding Round Led By Edison Partners

MoneyLion, the mobile personal finance platform, announced on Thursday it has secured $42 million through its Series B funding round led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura, Greenspring Associates and Danhua Capital. While sharing details about the latest funding round, Diwakar Choubey, CEO… Read More

Fisdom Secures $4 Million During Series B Funding Round Led By Quona Capital

Personal finance management startup Fisdom announced on Wednesday it secured $4 million during its Series B funding round, which was led by Accion Frontier Inclusion Fund, managed by Quona Capital, with participation from existing investor, Saama Capital. Founded in 2015, Fisdom described itself as an… Read More

Kickstarter Alum Kano Secures $28 Million During Series B Funding Round & Launches New Computer Kits to Over 4,500 North American Retailers

On Wednesday, DIY computer company and Kickstarter success Kano announced it secured $28 million during its Series B funding round, which was led by the Thames Trust and Breyer Capital, with participation from Index Ventures, the Stanford Engineering Venture Fund, LocalGlobe, Marc Benioff, John Makinson,… Read More

Israeli Fintech PayKey Raises $10 Million During Series B Financing Round

Israeli fintech company PayKey announced on this week it has secured $10 million during its Series B financing round, which was led by MizMaa, with the participation of other investors including SBI Group, Siam Commercial Bank’s financial tech subsidiary Digital Ventures, SixThirty and FinTech71. This investment… Read More

FinLab Accelerator Alum PayKey Closes $10 Million Series B, MizMaa Leads Round

PayKey, a fintech startup which aims to bridge the gap between banking and social, officially closed a $10 million Series B funding round, led by MizMaa, and joined by SBI Group, Digital Ventures – the fintech subsidiary of Siam Commercial Bank, SixThirty, Fintech71, The FinLab,… Read More

Fintech Startup Receipt Bank Raises $50 Million Through Series B Funding Round Led By Insight Venture Partners

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

French Fintech Payfit Raises €14 million Through Series B Funding Round

PayFit, a fintech startup based in Paris, secured €14 million through its Series B Funding Round, which saw participation from Otium Capital, Xavier Niel, and Accel Partners. The company, which was founded in 2015, describes itself as an ultra-intuitive SaaS solution that allows users to easily and automatically manage… Read More

Fintonic Secures €25 Million During Series B Funding Round; Seeks to Develop Personal Finance Mobile App & Expand

Spanish personal finance management app company, Fintonic, announced earlier this week that it has attracted €25 million through its Series B funding round, which included investments from ING Group and insurance group PSN. Founded in May 2012, Fintonic describes itself as mobile banking for the… Read More