Tagged: startups

Capchase Deploys $100M+ in Funding for Women, Minority Founded Startups

Capchase, the provider of financing solutions for Software-as-a-Service companies, announced a milestone for its 2021 initiative to provide non-dilutive capital to women- and minority-led startups. Over the last two years, the company has “deployed more than $100 million in funding to these underserved groups using… Read More

Mumbai-based Fintech TransBnk Finalizes $1M Seed Round from 8i Ventures to Disrupt India’s Transaction Banking

TransBnk, the Mumbai-based Fintech startup, has successfully raised $1 million in seed funding. The investment round was “led by 8i Ventures, the early stage India-focused VC fund known for its notable successes in the fintech space, including M2P, Slice, Easebuzz, amongst others.” Other contributors to… Read More

Fintech Paro Raises $25M via Series C to Build Enterprise Platform for Finance, Accounting Services

Paro, a Chicago-based startup disrupting the way companies access on-demand finance and accounting expertise, announced it raised $25 million in Series C funding to further “develop its platform supporting freelance experts and continue its expansion with enterprise clients.” The investment round was “led by Top… Read More

Fintech Firm Tide to Assist Women with Establishing New Businesses

Tide, the business financial platform, has announced it will help 200,000 female-led businesses start out by the end of 2027. It is the first fintech to support female-led SMEs on this scale. The commitment is part of Tide‘s efforts “to promote gender equality and remove… Read More

Financial Wellbeing: Discover Bank Launches $36M Fund to Enhance Financial Health in Delaware

Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, “to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses.” Discover Bank has “made… Read More

Web3: Google Cloud Joins Cronos Labs Accelerator Program to Support AI-Enabled Web 3.0 Development

Cronos Labs, a blockchain startup accelerator that focuses on decentralized finance, Web3 games, social applications, and on the development of the Cronos blockchain’s ecosystem, will collaborate with Google Cloud “to enhance its Accelerator Program and provide startups with resources to develop innovative AI-enabled Web3 applications… Read More

BrewDog’s James Watt Provides £250K in Funding to Basket, a Digital Commerce Tech Startup

James Watt’s ‘The Next Unicorn’ project, where he has linked up with Crowdcube in order to find the next “beast,” has provided Basket with £250,000 in funding, according to a report in Tech.eu. Basket is a tech startup established by Lex Deak and William Neill…. Read More

Artificial Intelligence: Sella Announces Global Incubation Program on AI Applied to Finance Is Underway

Sella is launching the “Artificial Intelligence Business Incubator”, which is described as the the initiative aimed at startups, researchers, entrepreneurial teams, university spin-offs and companies “with projects based on AI technologies in the financial services sector.” “Artificial Intelligence Business Incubator” is currently underway, the international… Read More

Web3 Adoption: Cronos, City of Seoul to Launch Blockchain, Web 3.0 Focused Hackathon in Korea

Global blockchain technology company and start-up accelerator Cronos Labs announced that it will participate as the main blockchain network partner of the ‘Seoul Web 3.0 Festival 2023’ (SWF2023), organized by the Seoul Metropolitan Government. SWF2023 aims “to enhance the competitiveness of Korea’s Web3 industry and… Read More

Blockchain Adoption: Crypto Teams, Institutional Investors Launch $50M Cross-Chain Ecosystem Fund Powered by Wormhole

Over twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund “focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol.” The Cross-Chain Ecosystem Fund is “being managed and operated by Borderless Capital, a… Read More

Bitcoin (BTC), Lightning Network focused Tech Firm River Raises $35M via Series B

River, a Bitcoin technology and financial services startup, announced a $35 million equity round. This series B funding was led by Kingsway Capital. Other contributors to the investment round “included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures.” River is… Read More

UAE’s Emirates Islamic Supports MENA Region Startups with Business Banking Solutions

Emirates Islamic, which claims to be one of the leading Islamic financial institutions in the UAE, has launched the new Emarati Absher Business Account designed exclusively “to provide a comprehensive suite of premium banking solutions for Emarati start-ups in the UAE.” The new business banking… Read More

Fintech Airwallex Hong Kong Division Reports Substantial Revenue Increase

Airwallex, a global fintech platform, is pleased to announce the launch of its Go Global campaign in Hong Kong, “unlocking opportunities for SMEs, ecommerce businesses and start-ups to scale and expand internationally.” Airwallex Hong Kong’s continued growth and development in the market “is evidenced by… Read More

Bits Technology Finalizes €4M Seed Round to Serve as European Business Identity Platform

Bits Technology, the Stockholm-based startup that focuses on business and customer identity, announces a new €4 million seed funding raise that will help the company further its mission of reshaping how future fintech products are built. Bits will use the funds from the investment round… Read More

Global Hiring, Recruitment Tools: International Salary, Equity Compensation Data Provided via Carta Total Compensation

Carta released the “first-ever” database of international salary and equity compensation data—tailored for venture-backed startups. The new data set “includes geo-adjusted compensation rates for 32 roles in over 40 countries and will be available immediately to all Carta Total Compensation customers, making it possible for… Read More

Web3 Adoption: Nansen to Provide Benefits for Google Cloud’s Web 3.0 Startup Program

Utilizing Nansen‘s suite of products, projects in Google’s Web3 startup program can leverage on-chain data to stay ahead of the competition and navigate uncharted waters. Nansen, a blockchain data analytics platform, will be working with Google Cloud in order “to provide real-time, high-quality blockchain data… Read More

Mendix, a Siemens Business Focused on Enterprise Low Code App Development, to Accelerate Digital Transformation for Startups

Mendix, a Siemens business and global player focused on modern enterprise application development, has embarked on an “aggressive” strategy “to build a robust technology partner community that empowers enterprises and software startups to dramatically accelerate digital transformation.” As part of Siemens Xcelerator, the open digital… Read More

Vesey Ventures Launches Fund to Help Startups Enter Financial Sector, Accelerate Growth

Vesey Ventures, an early stage venture firm that invests in companies transforming financial services, announced the close of its debut fund totaling $78 million. Vesey Ventures was “founded by three former Managing Directors at AMEX Ventures, Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, and will… Read More

Carta Shares Update on State of Private Markets for Q1 2023

Every quarter, Carta releases information on the startup ecosystem in their comprehensive State of Private Markets report. It can take a few weeks for rounds to be recorded on their platform, so they share a full analysis after they get the final numbers, Carta notes… Read More

Fintech Charm Solutions Secures $3.5M via Seed Round Led by BootstrapLabs

Charm Solutions, a Fintech startup with offices in San Francisco, Stockholm, and Wilmington, Delaware, has announced that it secured a $3.5M seed funding round led by BootstrapLabs. Charm is “developing a trusted AI-powered SMB Credit Advisor service that leverages self-learning AI to help institutional lenders… Read More

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