Orca Fraud Raises $550k to Fight Fraud in Emerging Markets
- 6 months 6 days ago
- Fundraising News
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud, has raised a $550,000 pre-seed round. The money raised will be used to build simple, yet effective fraud prevention tools and iterate with customers in South Africa.
Velotix Secures Strategic Investment from Barclays Bank and Capri Ventures, Cementing Position as Premier Data Security Platform
- 6 months 1 week ago
- Fundraising News
Velotix, a pioneering provider of a revolutionary AI-driven Data Security Platform (DSP), proudly announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix's position as the premier choice for leading financial institutions seeking advanced data security solutions.
Alpian Experiences Rapid Growth, Closes Its CHF 76m Series C
- 6 months 1 week ago
- Fundraising News
Alpian, Switzerland's first premium digital bank, today announced significant milestones, including substantial growth, the completion of the last step of its pivotal Series C, totaling CHF 76M of which CHF 40M to be executed upon the regulatory approvals. This investment underscores confidence in Alpian's trajectory and will accelerate its growth and innovation in digital wealth management and banking services.
Footprint Raises $13 Million Series A led by QED Investors to Automate Consumer Onboarding and Make Identity Portable
- 6 months 1 week ago
- Fundraising News
Footprint, a company that unifies KYC (Know Your Customer), security and authentication to automate consumer onboarding and reduce identity fraud, today announced a $13 million Series A led by QED Investors.
Capchase Secures €105 Million from Deutsche Bank to Support Flexible Financing for SaaS Companies in Europe
- 6 months 1 week ago
- Fundraising News
Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, today announced it has secured a €105 million credit facility warehouse led by Deutsche Bank. This new financing contributes to the more than $1 billion in combined debt and equity financing Capchase has received since its founding in 2020.
Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President
- 6 months 1 week ago
- Fundraising News
Vitesse, a leading treasury and payment solutions provider for the insurance industry, today announced the completion of a $93M Series C funding round led by leading global investment firm, KKR, with participation from existing investors, including Hannover Digital Investments. Following the investment, which is subject to customary regulatory approvals, Patrick Devine, Managing Director in KKR’s Tech Growth team, will join the board of... more
Osome Raises US$17M in Series B Funding
- 6 months 1 week ago
- Fundraising News
Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), today announced it has concluded its Series B funding round with over US$17 million in capital in a mix of equity and debt, from new and existing investors. Osome has seen commercial growth, serving over 13,000 small and medium-sized business (SMB) customers and employing over 400 staff across Singapore, Hong Kong SAR, the UK, the Netherlands, the... more
GB Bank Set for Step-Change in Growth After Securing £85m Investment Deal
- 6 months 1 week ago
- Fundraising News
GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.
OTPless Raises $3.5M to Revolutionize Mobile Authentication
- 6 months 1 week ago
- Fundraising News
OTPless has secured $3.5 million in their pre-series A funding round! This milestone signifies a pivotal moment in their journey to reshape mobile authentication. Under the leadership of SIDBI Venture and bolstered by Venture Highway, FJ Labs, and Piper Serica, this round of funding brings their total investment to $6.5 million.
Mexico-based Commerce and BNPL Fintech Platform Aplazo Secures $70 Million in Equity Funding
- 6 months 1 week ago
- Fundraising News
Aplazo, an omni-channel payment platform that offers flexible payment solutions and commerce enablement tools to help merchants accelerate sales and grow their brands, announced today the closing of $70 million of additional equity financing, including a $45 million Series B.
FinLocker Raises $17 Million in Series B Funding to Transform The Consumer Home Buying Experience
- 6 months 1 week ago
- Fundraising News
FinLocker, the developer of the leading white-label financial readiness app that emphasizes attaining and sustaining homeownership, announced today the successful closure of its Series B funding round, securing $17 million in investment.
Fintech Company Yendo Raises $165 Million in New Capital to Fuel Growth
- 6 months 1 week ago
- Fundraising News
Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group. The financing will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states. Specifically, Yendo will use the financing to fund the growth of originations on its platform, which will enable the company to extend credit to... more
NBFC-backed Digital Lending Platform Propelld Secures Over $25 Million Through Debt Raising
- 6 months 1 week ago
- Fundraising News
Propelld, a fintech leader in education lending, today announced that it has secured over USD 25 million through debt raising for Edgro, a wholly-owned subsidiary licensed Non-Banking Financial Company (NBFC). Edgro has raised the amount from nine lenders such as Credit Saison India Private Limited, AU Small Finace Bank, InCred Financial Services Limited, and Northern Arc Capital Limited.
Aeropay Announces $20M in Series B Financing, Further Solidifying Position as a Leader in U.S. Open Banking & A2A Payments
- 6 months 2 weeks ago
- Fundraising News
Aeropay, a leading provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round, with participation from Chicago Ventures and Continental Investment Partners.
Cover Genius Closes $80M in Series E Funding
- 6 months 2 weeks ago
- Fundraising News
Cover Genius, the leading insurtech for embedded protection, today announced its $80 million Series E funding round. Despite the tech funding slowdown, the round was led by Spark Capital with support from existing investors, including Dawn Capital, King River Capital and G Squared.
