08/04 – Weekly Investment & Fundraising News

  • Fundraising News , Investment
  • 08.04.2022 09:36 am

Shojin Property Partners Closes £3m From Global Investors at a Valuation of £49M

Shojin Property Partners, an FCA-regulated online real estate investment platform, has raised its first tranche of £3m via a global pool of investors at a company valuation of £49m. Having proven substantial growth in the past 12 months, Shojin  has just launched the next tranche of funding to raise a further £2m at a £55m valuation. This raise sits alongside a £5m underwriting facility provided by a London-based family office with a provision to increase it to £10m, which effectively guarantees funding for mid-market real estate investment opportunities before they go live to investors.

Barclays-backed Anthemis Invests in Regulated Future Earnings Agreement Assets in World-first Deal

StepEx, an FCA-regulated fintech that provides the infrastructure for universities, business schools, and technical and professional/vocational course providers to offer qualifications in exchange for a share of students’ future earnings, has agreed on a world-first deal for a financial institution to buy the receivable assets. Barclays Anthemis will invest an initial £500,000 into regulated Future Earnings Agreements (FEA) assets via a special purpose vehicle (SPV), with the right to extend the investment to £10 million. This is the first of a number of such deals that StepEx plans to do with asset managers.

Gaviti Raises $9 Million in Series A Led by Flashpoint 

Gaviti raises $9 million in series A after helping clients collect $6.2B in account receivables in 2021. FinTech startup Gaviti helps companies recoup outstanding receivables with their automated platform. “In 2021, our clients recovered $6.2 billion in A/R Receivables by streamlining an otherwise tedious process,” said Yan Lazarev, Co-founder & CEO. Gaviti, an automation system designed to help companies collect and manage client invoices, announced the closing of a $9 million Series A funding led by UK-based Flashpoint with participation by Moneta VC, North First Ventures, TAU Ventures, and LETA Capital.

Uplinq Raises $3.5 Million in Pre-Seed Funding Round

Uplinq Financial technologies (Uplinq) has raised USD $3.5 million in a pre-seed funding round led by noted venture capital investors, N49P and Surface Ventures, alongside a veritable ‘who’s who’ list of leading individual Fintech investors. The business will use the investment to further its commitment to help banks and lenders deliver financial inclusion for their small business customers across the globe. Alongside N49P and Surface Ventures, Uplinq’s pre-seed funding round also includes participation from MoVi Partners, Impulsum Ventures, Magic Fund, Assure Syndicates, and the DVC Syndicate. 

PayPoint Announces Investment in Optus Homes

PayPoint announced a £750k investment in Optus Homes, a leading app for tenants to manage their home rental account. The deal will see the PayPoint Group make an investment in the company, building on the recently-signed commercial partnership positioning PayPoint as the preferred payment provider within the app.The investment strengthens PayPoint’s MultiPay proposition for the housing sector, as the Optus Homes’ native app payment solution. 

Alpian Obtains FINMA Banking License and Secures CHF19 Million Series B+ Financing

Alpian SA, an innovative digital private bank, announced the granting by FINMA of a banking license and a successful CHF19 million Series B+ closing, enabling Alpian to shortly launch to the public in Q3 2022, becoming Switzerland's first digital private bank. Alpian, majority-owned by Fideuram-Intesa Sanpaolo Private Banking, secured a third round of financing, fully subscribed by Fideuram - Intesa Sanpaolo Private Banking. The financing will support the deployment of Alpian's range of services in Switzerland, comprising both private and online banking.

EnKash, a Corporate Spends Management and Cards Issuing Startup, Raises US$ 20 Million in an Ascent Capital-led Round

EnKash, an India-based, all-in-one Spends Management Platform and Corporate Cards company, has raisedUS$ 20 million as a part of its Series B round that was led by Ascent Capital and joined by Baring India & Singapore-based White Ventures. The round also saw participation from existing investors, Mayfield India and Axilor Ventures. EnKash has been a pioneer in unifying cards and spend management and features financial automation tools, enabling businesses to manage payables, receivables and expenses on the fly, powered by a DIY-Platform first approach. 

British Business Investments Commits Additional £15m to Compass Business Finance

British Business Investments, a commercial subsidiary of the British Business Bank, announces an additional £15m commitment to Compass Business Finance, taking our total commitment to £30m. This additional investment will further increase the flow of funding for asset finance products into UK-based smaller businesses operating in the print, packaging and manufacturing sectors. It will also provide this specialist lender with additional funding for smaller and medium-sized businesses requiring business critical equipment finance over the next three to five years and contribute to Compass Business Finance’s own growth trajectory whilst supporting underserved businesses as they recover from the Covid-19 pandemic.

Labster Secures $47M in New Funding Tranche to Expand Global Opportunities for Virtual Science Laboratory Simulations April Ondis

Labster, the world's leading platform for virtual labs and interactive science, has raised $47 million in additional funding to support massive growth opportunities worldwide. This new capital infusion will enable Labster to further develop in Europe and the United States and to establish itself within Asia and Latin America. By investing more funds into its library of science simulations and expanding its reach to younger students and adult workforce skills training, Labster will be able to serve 100 million students around the world through its institutional and government partnerships.

Budget Insight Raises $35 Million

Budget Insight, the leading aggregator of banking and financial data in France and a pioneer of Open Finance in Europe, announced $35m (€31m) in funding from PSG Equity (“PSG”), a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth and build scale across Europe and the US. PSG will be a shareholder alongside the management team and Crédit Mutuel Arkéa. Crédit Mutuel Arkéa invested in Budget Insight in 2019 due to Budget Insight’s strong growth potential and the natural synergies arising from the combination of the two players.

TransFICC Secures New Investment of $17 million Led by AlbionVC

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed a Series A extension for $17 million. Led by AlbionVC, all existing institutional shareholders took part in this investment round, which follows the original Series A for $7.8 million, announced in April 2020. TransFICC’s investors are AlbionVC, Citi, HSBC, Illuminate Financial, ING Ventures, and Main Incubator (the Early Stage CVC unit of Commerzbank Group).

lemon.markets Secures €15M in Seed Financing to Launch a Stock Trading API for Developers, Paving the Way for a New Era of European Brokerage

lemon.markets, a financial technology company offering an easy-to-use API for stock trading, announced€15M in seed financing to launch its pioneering brokerage platform for developers and tech companies. Co-led by leading investment firms Lakestar and Lightspeed, with participation from Creandum and System.one, it is one of the largest seed funding rounds in Europe. Angel investors in the round include operators from N26, Public.com, sennder, Taxfix, Finoa and Stripe. The financing signals lemon.markets’ strong trajectory on its path to facilitate brokerage services across Europe.

Moneybox Secures £35m in Series D Funding as AUA Nears £3bn

Moneybox, the award-winning digital wealth manager, has secured £35m in a Series D funding round, led by Fidelity International Strategic Ventures, a dedicated venture capital team at Fidelity International, alongside existing investors as well as new investors Polar Capital. The investment brings the total amount of funds raised to date, to £95.1 million. Moneybox is on a mission to help people build wealth with confidence and provides a range of products and services across saving, investing, home-buying, and retirement, all within one easy-to-use app, supported by award-winning technology and customer support.

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