18/11 – Weekly Investment & Fundraising News

  • Fundraising News
  • 18.11.2022 06:05 pm

Agent IQ Expands Executive Team Following $10M Series A Funding

Following its recent announcement of a successful $10 million Series A funding raise, Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced the addition of fintech industry veteran, Michael Lee, as the company’s new chief sales officer, and the promotion of Soren Bested to chief operating officer. 

Mercurity Fintech Holding Inc. Announced Closing of $3.15 Million Private Investment in Public Equity (PIPE) Financing

Mercurity Fintech Holding Inc. (the "Company" or "MFH"), a digital fintech group powered by blockchain technology, announced that it has closed the Private Investment in Public Equity (“PIPE”) financing pursuant to the Securities Purchase Agreement (the “SPA”) and Warrant (each, a “Warrant” and collectively, the “Warrants”) with certain non-U.S. investors for gross proceeds of $3.15 million (the “Proceeds”).

WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges

WeGift, the industry leader in digital payouts, announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe. New investors included Element Ventures, which led the round, along with Clocktower Ventures and Volution Capital. Existing investors including CommerzVentures, AlbionVC and SAP increased their investments.

Banked Secures US$15M Led by Insight Partners, Citi, National Australian Bank Ventures to Expand Global Pay By Bank

Banked Ltd (“Banked”), the London-based fintech company building a next-gen global payment network, today announced that it has raised over $15 million in a Series A extension round, led by global software investor Insight Partners. Citi and National Australia Bank Ventures recognised Banked's traction and unique approach to establishing a Pay by Bank worldwide network. Rapyd, a newly-announced commercial partner, also participated.

The Trading Pit, an Award-Winning Proprietary Trading Firm, Secures €10 Million in Growth Funding

The Trading Pit (TTP) announced that it has secured €10 million in its latest round of growth funding. The high-growth prop trading fintech has secured capital to accelerate its growth initiatives with a mission to become the global leader in online prop trading. The Trading Pit is now set to enable global access to all major asset classes, including Forex, Futures, Stocks and Cryptos within the next 6 months. 

BeZero Carbon Raises $50 Million to Accelerate the Net Zero Transition Through Carbon Ratings

Carbon rating agency BeZero Carbon announced a $50 million Series B funding round. The funds will be used to drive innovation in environmental markets through the development of ratings, risk and analytics tools. The funding is led by US investment firm Quantum Energy Partners, with strategic investment from EDF Group through its corporate venture capital arm EDF Pulse Ventures1, Hitachi Ventures2 and Intercontinental Exchange (ICE).

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