Teampay Raises USD47M in Series B Funding

Teampay, a New York-based provider of a purchasing platform, raised $47M in Series B funding. The round, which brought total funding to $65M, was led by Fin Venture Capital, with participation from Mastercard, Proof Ventures, Trestle, and Espresso Capital. Led by CEO Andrew Hoag, Teampay helps companies streamline purchasing across virtual cards, physical cards, invoices, and reimbursements.

KreditBee Raises $80 Million in Series D

KreditBee, one of India’s leading fintech platforms, has secured USD 80 Million as a part of its ongoing Series-D investment round. The current investment saw active participation from existing investors Azim Premji’s Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. The round also saw participation from MUFG Bank, one of the largest financial institutions in the world.

CyVers Raises $8M Led by Elron Ventures to Bring Proactive Security to Web3 Economy, Clearing Way for Mass Adoption

CyVers is a leading provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains. The company has announced $8 million in funding led by Elron Ventures. This funding is joined by Crescendo Venture Partners, Differential Ventures, HDI, Cyber Club London, and Cyber Future. 

Buckzy Raises USD$14.5 Million in Series A Financing

Buckzy Payments, Inc., a leading real-time cross-border payments company, announced it has secured USD$14.5 million in Series A financing. Buckzy will use the funds to enter new geographies and support the expansion of its product offerings. This all-equity financing was led by Mistral Venture Partners and Uncorrelated Ventures, with participation from new investors Luge Capital and Blue 9 Capital, and existing investors Revel Partners. 

Automotive Fintech Start-up Backed by Revo Capital, Autotech Ventures and InMotion Ventures Raises £26 Million in Series A Extension Round

Car repairs payment platform www.bumper.co.uk has raised £26.1 million ($30 million) in investment from its Series A extension round, with automotive giants and venture capitals Autotech Ventures, InMotion Ventures, ITOCHU and Revo Capital investing in the automotive fintech start-up. In the Series A extension round, Secure Trust Bank Commercial Finance provided a £20 million ($23 million) debt facility, and Autotech Ventures, InMotion Ventures, ITOCHU, and Revo Capital invested equity.

Strategic Risk Associates (SRA) Raises $12M in Series B Funding Led by EJF Capital, JAM FINTOP and FINTOP Capital

Strategic Risk Associates (SRA), a leading provider of integrated risk and performance management SaaS technology (WatchtowerTM) for the Financial Services and Insurance Industry, announced the closing of a $12 Million Series B capital raise. This round of funding was co-led by EJF Capital (“EJF”), through its affiliate the EJF Silvergate Ventures fund, JAM FINTOP, and FINTOP Capital, with participation by longtime SRA customer Atlantic Union Bankshares Corporation, and other existing investors.

Kiln Announces €17 Million in Funding to Expand Staking Offering

Kiln announced the close of a €17 million financing round to expand their market-leading staking infrastructure product range. Kiln, the leading enterprise-grade staking technology provider, received funding from Illuminate Financial with participation from Consensys, GSR, Kraken Ventures, Leadblock Partners, Sparkle Ventures, XBTO, 3KVC, Blue Yard Capital, SV Angel, and Alven.