Payments Fintech Rapyd has raised $300 million in Series E funding according to a note from the company. Rapyd recently acquired European payments firm Valitor for $100 mill to expand its services. The funding was led by Target Global along with participation from existing investors: General… Read More
Read more in: Fintech, Global | Tagged Arik Shtilman, mike lobanov, payments, rapyd, Target Global
Berlin-based wefox, a leading digital insurance firm, has acquired $650 million in capital as part of a Series C round. wefox now reports a post-money valuation of $3 billion. This latest investment round represents the largest Series C to date for an Insurtech (internationally), according… Read More
Read more in: Insurtech, Global | Tagged berlin, dario fazlic, europe, fabian wesemann, germany, insurance, insurance technology, insurtech, investment round, julian teicke, Target Global, wefox, yaron valler
Kuda, a Nigeria-based digital-only banking startup, announced earlier this week it secured $10 million through its latest investment round, which was led by European venture capital Target Global, with participation from Entrée Capital and SBI Investment. Founded in 2018 and launched in 2019, Kuda describes itself as… Read More
Read more in: Fintech | Tagged banking, digital-only, investment, kuda, nigeria, Target Global
Amsterdam-based banking challenger Finom, which aims to serve entrepreneurs and SMEs, has secured €6.5 million in seed funding through an investment round led by Target Global. General Catalyst, FJlabs, the Raisin founders Frank Freund, Tamaz Georgadze, and Michael Stephan also took part in Finom’s funding… Read More
Read more in: Fintech, Global | Tagged amsterdam, banking challenger, challenger bank, digital bank, EU, europe, european union, finom, investment round, konstantin stiskin, raisin, smbs, sme's, Target Global
UK-based Insurtech Zego has closed on a $42 million Series B funding round which is said to be the largest ever for a European based Insurtech startup. In total, Zego has now raised $51 million. Zego says its company has grown over 900% in the… Read More
Read more in: Global, Insurtech | Tagged Target Global, uk, united kingdom, zego
Target Global, a venture capital firm based in Berlin, has closed on a new €100 million fund focused on early stage investments in marketplace, mobility, Insurtech, Regtech and Fintech. Target Global Early Stage Fund I will invest in Seed and A rounds, and is expected… Read More
Read more in: Fintech, Global | Tagged germany, israel, mike lobanov, Target Global, venture capital, yaron valler
Blackmoon Financial Group, an online lending platform that connects balance sheet lenders with institutional investors looking to purchase new loans, announced today its latest round of funding; $2.5 million in equity capital from Target Global, A&NN Group, Flint Capital, and several private investors. Blackmoon intends to use the new round… Read More
Read more in: Investment Platforms and Marketplaces, Fintech, Global | Tagged banking, blackmoon, oleg seydak, p2p, russia, Target Global
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