Parlay Raises $1.3M to Offer Inclusive Access to Financial Resources for Small Businesses
- 9 months 2 weeks ago
- Fundraising News
Parlay, the first-of-its-kind small business loan readiness platform, today announces the close of $1.3 million in pre-seed financing led by Fenway Summer. Other firms investing in the round include Hivers and Strivers Capital, Service Provider Capital, Capacity Capital, and Alumni Ventures, together with a follow-on investment from Techstars.
Float Secures $37 Million in Financing to Accelerate Growth
- 9 months 2 weeks ago
- Fundraising News
Float, one of Canada’s fastest-growing fintechs, has kicked off 2024 with an aggressive expansion plan and the backing of a C$50 million credit facility in partnership with Silicon Valley Bank (SVB), a division of First Citizens Bank.
Insurtech Startup Cake Secures $1.3M in Pre-seed Funding
- 9 months 2 weeks ago
- Fundraising News
Cake, a transactional marketplace designed for independent insurance agents, has announced the completion of a $1.3M pre-seed funding round led by venture capital company Markd.
Fordefi Secures $10M and Launches Wallet-as-a-Service
- 9 months 2 weeks ago
- Fundraising News, E-Wallets
Fordefi, a financial technology company, today announced a $10 million seed-extension round. Fordefi’s goal is to continue fueling web3 adoption as they launch their wallet-as-a-service (WaaS) offering that enables exchanges, fintechs, and web3 businesses to offer their users a secure, user-owned wallet, directly within their applications.
Insurtech Startup Buddy Backs $7M in Latest Funding Round from 49 Investors
- 9 months 2 weeks ago
- Fundraising News
Buddy has secured a significant boost in funding, raising $7m from 49 investors, to bring its total funding to $8m. The recent funding round was closed in mid-January, and it saw notable investors: Sequoia Capital, Plug and Play, and Atypical Ventures contributing to Buddy’s growth trajectory. The initial sale of the round commenced in March 2023, indicating sustained investor interest over time.
Cascading AI Secures $3.9 Million in Pre-Seed Funding
- 9 months 3 weeks ago
- Fundraising News
Cascading AI, a cutting-edge fintech startup founded by alumni of Stanford University and Y Combinator, is thrilled to announce the successful completion of its $3.9 million pre-seed funding round to unlock $1 trillion in value of advanced AI for the global banking industry Casca, the flagship product of Cascading AI, is revolutionizing the lending landscape as the first AI-native Loan Origination System.
Traive Secures $20M in Venture Funding
- 9 months 3 weeks ago
- Fundraising News
Traive, a company operating at the intersection of agriculture and financial technology, has successfully secured a $20m investment, marking a significant milestone in its journey. The funding round was led by Banco do Brasil through the BB Impacto ASG I Fund, managed by Vox Capital.
MediConCen Secures Series A Funding to Drive Global Expansion
- 9 months 3 weeks ago
- Fundraising News
MediConCen Limited, an Insurtech company that automates insurance claims using AI and blockchain, announced that it has raised USD 6.85 million in its latest Series A round. HSBC Asset Management leads the new funding and has also received support from existing investors including G&M Capital, ParticleX, and new investor Wings Capital Ventures.
Navro (Formerly Paytrix) is Authorised by Central Bank of Ireland to Provide EU-Regulated, Global Payment Services and Has Secured $14M
- 9 months 3 weeks ago
- Fundraising News, Infrastructure
Navro – the pioneering fintech firm formerly known as Paytrix that simplifies global payments for international businesses – today confirms that it has been authorised by the Central Bank of Ireland as an Electronic Money Institution (EMI). Under the terms of the licence, fast-growth businesses with international ambitions can benefit from Navro’s global payments curation services under the protection of European Union regulation.
Pennylane Raises 40 Million Euros in Series C
- 9 months 3 weeks ago
- Fundraising News
Pennylane raises €40M from Sequoia Capital and DST Global, reflecting very strong growth over the past two years. The company has multiplied by 40 the number of VSE-SMEs on its platform in 24 months thanks to the adoption of the tool by more than 2,000 accounting firms who have brought their clients on board.
ID Finance Secures $150 Million Structured Financing led by i80 Group
- 9 months 3 weeks ago
- Fundraising News
ID Finance, a leading fintech in Spain and Mexico, has closed a financing of 150 million dollars with i80 Group, this being the largest financing round in the history of the Group. The capital obtained will be used to accelerate the expansion of Plazo, ID Finance's financial well-being app and the cornerstone of its strategic vision.
Artificial Labs Raises £8M Series A+ Round to Drive Growth and Continue Rapid Expansion
- 9 months 3 weeks ago
- Fundraising News
Artificial Labs, the leading algorithmic underwriting insurtech, is delighted to announce the completion of an £8M Series A+ funding round. The investment was led by Europe’s premier publicly listed fintech fund, Augmentum Fintech, with participation from existing investors MS&AD Ventures and FOMCAP IV.
docStribute Secures £820k in Pre-Series A Funding
- 9 months 3 weeks ago
- Fundraising News
London-based RegTech company, docStribute, today announces the successful completion of a pre-Series A funding round, securing £820,000 in investment from financial service angels.
Rain Secures $300 Million in Financing from Clear Haven Capital Management to Expand Innovative Financial Wellness Solutions
- 9 months 3 weeks ago
- Fundraising News
Rain, the financial wellness platform that helps companies give employees greater control over their finances, announced today it has secured $300 million in financing from Clear Haven Capital Management for a new credit facility. With this new funding, Rain now has more capital to service its growing customer base, allowing it to provide employees an easy way to access their earned wages in real-time, driving increased retention, job... more
