liwwa Raises $18.5 Million Pre-Series B Round

Jordan-based Fintech liwwa closed an $18.5 million pre-Series B round of equity and debt. Founded in 2015, liwwa employs technology across its operations to provide tailored financial solutions. It also owns and operates the liwwa Investment Platform, a peer-to-peer platform that enables retail investors to finance liwwa loans and earn returns. The round included $4.5 million in equity investment led by existing investors, DASH Ventures, Dutch Entrepreneurial Development Bank FMO, Edgo, and Bank al Etihad, in addition to German Development Finance Institution DEG approving an investment of $0.79 million.

Mesh Payments Raises $60M to Expand Finance Automation Platform

Financial management startup Mesh Payments has landed $60 million in new funding, 10 months after its last raise. Founded in Israel and now with headquarters in New York, Mesh Payments is one of a growing group of startups focused on helping companies manage their spending through automation. It’s a hot and crowded space that includes the likes of Ramp, Brex and Airbase, and more recently, TripActions and Rho, among others.

RegTech Scale-up SteelEye Raises $21M in Round Led by Ten Coves Capital to Accelerate Growth and Meet Demand for

SteelEye, the compliance technology and data analytics firm, has announced the completion of a $21M Series B fundraise to accelerate its global expansion – with an emphasis on North America. The funding round – led by Ten Coves Capital alongside existing investors Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and a large family office – takes SteelEye’s total capital raised to $43M.

MetaWeb Ventures Raises $30 Million For Builder Focused-Blockchain Fund

MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced the launch of its first fund ("Fund I" or "the Fund"), with total capital commitments of $30 million USD. LPs in the Fund include NEAR Foundation, Sequoia Capital, Dragonfly Capital, GSR Markets, Octopus Network, SevenX, Mentha Partners, as well as notable entrepreneurs such as NEAR’s co-founder Illia Polosukhin, Matrix China’s co-founder Bo Shao, Alchemy Pay’s founder Shawn Shi, Dodo’s co-founder Mark Wang, and more.  

21.co Raises $25 Million, Becoming Switzerland’s Largest Crypto Unicorn

21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions. Other investors in the round include Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners.