Extend Raises $11 Million in Series A Funding Co-Led by Point72 Ventures and FinTech Collective
- 5 years 9 months ago
- Investment
Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank.
Saxo Bank and Brown Advisory collaborate to offer a portfolio of ethical stocks to SaxoSelect clients
- 5 years 9 months ago
- Investment, Banking
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, and Brown Advisory, a leading global investment manager with a long history in sustainable investing, announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
Tech of tomorrow revealed: Virtusa’s Trend Almanac identifies top digital investment trends for 2019
- 5 years 10 months ago
- Investment, IT Innovations, Infrastructure
Virtusa xLabs, an innovation practice within Virtusa, has identified the 10 most influential technology trends that industry, business, and tech leaders need to know as they strategically plan their investments over the next 12 months. Virtusa xLabs collaborated with senior technologists and business leaders to identify the most influential technology trends that will help businesses to stay competitive and drive growth in 2019.
Peltarion secures US$ 20M series A funding to advance humankind through AI
- 5 years 11 months ago
- Artificial Intelligence, Investment
This latest round brings Peltarion’s total funding to US$ 34 million to date, including previous investment from FAM, the holding company privately owned by the three largest Wallenberg foundations, and EQT Ventures.
genesis secures $3m Series A funding from Illuminate Financial and Tribeca Angels
- 6 years 1 month ago
- Investment
genesis, the international capital markets software firm, today announced the completion of its Series A financing round, securing a total of $3m from Illuminate Financial, a U.K. based capital markets venture capital firm and Tribeca Angels, a New York venture group.
Berlin based Fintech Penta raises €7 million Series-A
- 6 years 2 months ago
- Investment, Banking, FinTech StartUps
Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the company's last fundraise just eight months ago. This brings Penta’s total fundraising to €10M. A transparent, community-driven approach and active commitment to world-leading customer service has helped Penta win favour of the German business community since launching back in... more
Aspiring Blockchain bank BABB raises 1.4m to help Unbanked
- 6 years 3 months ago
- Blockchain, Investment, Banking
BABB has successfully completed its equity crowdfunding through Crowdcube, raising more than £1,400,000 from 1,232 investors. The funds will be used to support BABB’s applications for banking licences in the UK and Lithuania. BABB is building a decentralised platform using blockchain and biometrics technology, to provide mobile banking services to empower the global micro economy and tackle one of the world’s biggest challenges: how to... more
iSignthis Completes $10m Institutional Placement
- 6 years 3 months ago
- Investment
iSignthis Ltd (ASX : ISX | DE : TA8) (Company) is pleased to advise that it has today successfully secured a placement of 68,965,517 ordinary shares in the Company to a number of sophisticated and wholesale investors at a price of A$0.145 per share, raising A$10m before costs (“Placement”). The Placement was Jointly led and managed by Merchant Corporate Advisory and Petra Capital. The new shares to be issued under the Placement will rank equally... more
AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand
- 6 years 3 months ago
- Artificial Intelligence, Insurtech, Investment
Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.
Nucleus195 Launches Global Distribution Research Platform
- 6 years 3 months ago
- Investment
Nucleus195 today launched its investment research and management platform, allowing investors to have one centralized location for all their investment research needs.
Multi-Million-Pound Funding Secures Growth For Global Banking Services Firm
- 6 years 3 months ago
- Investment
Surrey-headquartered banking services firm Cennox has obtained a £24m funding package from NatWest and RBS Invoice Finance. The funding supports Cennox’s growth strategy, which has included the completion of a series of significant acquisitions over the last 12 months. These include the acquisitions of the European division of financial security firm, 3SI Security Systems, and Acketts Group, a UK-based ATM installer.
Glasswall Solutions Ltd Closes Strategic Funding Round
- 6 years 4 months ago
- Investment
Glasswall Solutions, a leading file regeneration technology, today announced that it has closed a strategic funding round of £15 million. The funding is led by UK entrepreneur and philanthropist Michael Spencer through IPGL, his personal investment vehicle.
Augmentum Fintech plc Announces £2.5 million Investment in Unmortgage
- 6 years 4 months ago
- Investment
Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £2.5 million in UK-based residential rent-to-own specialist Unmortgage, as part of a £10 million fundraising. Augmentum is participating in this fund raising alongside existing investor Exponential Ventures, and other investors.
Exceedence Attracts Global Investment Through Equity Crowdfunding
- 6 years 4 months ago
- Investment
Exceedence is set to revolutionise the way onshore and offshore wind, wave and wind projects and technologies get planned and financed. Financial modelling for renewable energy projects can be costly and, according to Exceedence CEO Ray Alcorn, no current solution gives all of the key players a proper ‘big picture’ view. That’s why his company has purpose-built software to provide a ‘helicopter view’ for these projects, helping to assess... more
Robo.cash: Women Are Less Likely to Invest but Make Larger Investments
- 6 years 4 months ago
- Investment
According to the recent findings on the investors' profile of the European P2P platform Robo.cash, despite women are less likely to invest and usually tend to consider investing in their 30s or 40s, their average investments are 40% more than men have.
