Razorpay Secures $100M in Series D and Gains Unicorn Status
- 4 years 3 months ago
- Investment, Payments, Banking, Infrastructure
Witnessing a 300% growth in its business during the last six months, Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners.
AccessFintech Secures $20 Million in Series B Financing
- 4 years 3 months ago
- Investment
AccessFintech, the leading fintech company evolving the financial industry operating model through data and workflow collaboration, is pleased to announce the successful completion of its Series B round of $20 million, led by Dawn Capital, Europe’s largest venture capital fund dedicated to B2B software. Existing investors J.P. Morgan, Citi and Goldman Sachs contributed to the round, and Deutsche Bank has participated for the first time. It... more
Genesis Receives Strategic Investment from Citi
- 4 years 3 months ago
- Investment
Genesis Global Technology Limited (hereafter Genesis), the global financial markets software firm, has received a strategic investment from Citi via its Markets FinTech Investments and SPRINT groups to leverage Genesis’ “Low-Code Application Platform” (LCAP) to drive its key innovation priorities. Genesis’ LCAP, enables financial firms to accelerate the delivery of technology roadmaps with a clear focus on identifying and delivering digitization... more
Israel-based Coralogix Raises $25M from in Series B Funding
- 4 years 3 months ago
- Investment
Israel-based Coralogix, provider of leading ML-powered log analytics and monitoring solution, today announced it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million. New investors such as Red Dot Capital Partners and O.G. Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels.
App Security Threat Modeling Company IriusRisk Raises $6.7 Million in Series A
- 4 years 3 months ago
- Investment, Cybersecurity
IriusRisk, the threat modeling platform for Application Security, announced today the closing of its $6.7 million Series A fundraising. Global cyber investor Paladin Capital Group led the round, with participation from 360 Capital Partners and existing investors Swanlaab, JME Ventures and Sonae Investment Management.
Asset Allocators Lack Proper Systems to Manage Growing Complexity, Finds Milestone Group
- 4 years 3 months ago
- Investment
Institutional asset allocators face an increasingly complex investment landscape, but often do not have the tools to efficiently implement and manage those strategies, with many critical functions still relying on spreadsheets and aging technologies that are reaching the end of their useful lifecycle.
MineralTree Raises $50M Series D Funding and Acquires Inspyrus and Regal Software
- 4 years 3 months ago
- Investment, M&A Deals
MineralTree,
Mouro Capital Leads $26M Financing Round in Uncapped, First Announced Investment Since Recent Launch
- 4 years 3 months ago
- Investment
Mouro Capital, the $400 million successor fund of fintech-specialist Santander InnoVentures, has led a $26 million financing round including debt and equity in Uncapped, a company changing the way growing online brands fund marketing and inventory. Spain-based venture capital fund All Iron Ventures and existing investors Global Founders Capital, Seedcamp, and White Star Capital also participated.
Tech-enabled Investment Platform DiversyFund Sees Rapid Growth Amid Global Pandemic
- 4 years 3 months ago
- Investment
DiversyFund, a tech-enabled investment platform providing wealth-building tools to non-accredited investors, has undergone a period of significant growth in 2020 amid the COVID-19 pandemic.
ClearBank and Tide Granted £25M to Help UK SMEs Recover From Pandemic
- 4 years 3 months ago
- Covid-19, Lending, Investment, Banking
ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform [1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity. The funding will be used to provide financial support and products to help SMEs address the challenges they will face in the post-coronavirus and post-Brexit economic environment and to seize on the opportunities that come... more
CloudMargin Raises $15 Million in Series B Funding Round
- 4 years 3 months ago
- Investment
CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.
Reech Corporations Group Launches Odysseus Investments to Drive Digitisation of Traditional Sectors
- 4 years 3 months ago
- Investment
Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new growth investor – Odysseus Investments. The business will be headed up by Adam Battersby, formerly Head of Global Principal Investments at BofA Merrill Lynch.
EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future
- 4 years 3 months ago
- Investment, Banking, Insurance
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, today announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.
Financing Platform Marco Raises $26M to Support SMEs in Latin America
- 4 years 3 months ago
- Lending, Investment
Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters — announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses. Marco supports SMEs based in Latin America, where a $350 billion trade finance gap blocks many exporters from the U.S. market.
AI-driven Asset Management Platform Exabel Closes $3.6M Funding Round
- 4 years 3 months ago
- Investment, Asset Management
Exabel, the simple-to-use AI, analytics and data platform for active asset managers, today announced it has closed its third seed round, bringing the total amount raised by the company to more than $12 million. Led by 17 existing and 11 new investors, alongside a loan and grant from Innovation Norway, the latest funding will help the company build out its commercial functions in Europe and North America, and continue to establish strategic... more
