Lendbuzz Completes $219 Million Asset-Backed Securitization
- 9 months 4 weeks ago
- Fundraising News
Lendbuzz Inc, the AI-based fintech company that is disrupting the automotive lending industry, announced today that it has closed a $219 million securitization collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
Modern Benefits Leader, Benepass, Secures $20M in Funding
- 9 months 4 weeks ago
- Fundraising News
Benepass, a flexible benefits platform for people-first companies, announced today that the company has raised $20 million in additional funding led by Portage and Clocktower Technology Ventures. Stephanie Choo, Partner at Portage has joined the Benepass Board of Directors. Workday Ventures and existing investors Threshold Ventures and Gradient Ventures also participated in the funding round.
Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management
- 9 months 4 weeks ago
- Fundraising News
Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use, and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit... more
Kriya Secures £50M in Debt Financing from Viola Credit
- 9 months 4 weeks ago
- Fundraising News
Kriya, the B2B payments fintech, today announces that it has secured a new £50 million debt facility from a long-standing debt partner, Viola Credit. This will allow the fintech to power over £1 billion of B2B Payments over the next 24 months.
DirectBooks Raised an Undisclosed Amount
- 9 months 4 weeks ago
- Fundraising News
Mizuho Americas today announced its strategic investment in DirectBooks®, the leading primary markets communications platform. Through this investment, Mizuho will join the board of directors and work directly with other top-tier investment banks to enhance capital markets globally.
Incognia Secures $31M to Meet Demand for Proactive Approach to Fraud Prevention
- 9 months 4 weeks ago
- Fundraising News
Incognia, the innovator in location identity solutions, is announcing it has closed $31MM in Series B funding led by Bessemer Venture Partners, with participation from FJ Labs and existing investors, including Point72 Ventures, Prosus, and Valor Capital.
Announcing Metronome's $43M Series B led by NEA
- 9 months 4 weeks ago
- Fundraising News
Metronome has raised over $43m in Series B funding, led by NEA with participation from both a16z and General Catalyst. Also, Metronome welcomes Hilarie Koplow-McAdams, former President of New Relic and Salesforce and an experienced public company board member. This funding round brings to over $78m raised to date.
Wisedocs Closes $12.7M Oversubscribed Series A
- 9 months 4 weeks ago
- Fundraising News
Wisedocs, machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization closes $9.5M USD ($12.7M CAD) in oversubscribed Series A financing. The Series A is led by Information Venture Partners, an early-stage B2B fintech investment firm; and by Thomson Reuters Ventures and ManchesterStory.
Amplifi Capital Secures £22.5M Funding from M&G to Drive Growth of Reevo Money
- 9 months 4 weeks ago
- Fundraising News
Amplifi Capital (U.K.) Limited announces it has secured £22.5m in funding from M&G Investments. Amplifi Capital is the fintech disruptor behind the credit union broker and introducer brand My Community Finance. This significant investment marks a pivotal moment for the company, enabling the fast expansion of Reevo Money - its newest brand and own lending platform.
Kore.ai Secures $150 Million Strategic Growth Investment to Drive AI-powered Customer
- 10 months 16 hours ago
- Fundraising News
Kore.ai, a leader in enterprise conversational and generative AI platform technology, today announced $150 million in funding. The strategic growth investment was led by FTV Capital, a sector-focused growth equity investor with a successful 25+ year track record investing across enterprise technology, along with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola and Beedie.
CarbonPool Closes $12M to Underwrite the Carbon Credit Markets
- 10 months 2 days ago
- Fundraising News
CarbonPool, set to be the world’s first insurance company with a carbon credit balance sheet, has closed a CHF 10.5 million ($12 million) funding round. Founded by former Allianz executives Coenraad Vrolijk, Nandini Wilcke and Frederic Olbert, CarbonPool aims to accelerate investment in carbon credits, which are crucial to achieving net zero, by providing carbon credit insurance with claims payments made in-kind.
MioTech Completes Funding Round to Solidify APAC Climate Tech Leadership
- 10 months 2 days ago
- Fundraising News
MioTech, Asia's leading sustainability data and software provider, announced today that it has successfully closed a new round of financing. The ESG and climate tech company's latest and existing investors include global venture capital firms such as ZhenFund, Horizons Ventures, TOM Group, Moody's, HSBC, Guotai Junan International, GIC, and J.P. Morgan.
Sygnum Raises More than USD 40 Million in Interim Close of Oversubscribed Financing Round
- 10 months 5 days ago
- Fundraising News
Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this interim close, the company’s post-money valuation stands at USD 900 million.
Naq Has Successfully Raised €3 Million
- 10 months 5 days ago
- Fundraising News
European automated compliance platform Naq has successfully raised €3 million (£2.6 million) to revolutionise healthcare and medical compliance across the UK and the EU. The oversubscribed funding round gained investment from No Such Ventures plus additional support from existing investors. Less than twelve months after its pre-seed round, this reflects the market's confidence in this platform, which is seeing rapid growth across the UK digital... more
ModernFi Raises $18.7M Series A to Power Deposit Growth at Community and Regional Banks
- 10 months 6 days ago
- Fundraising News
ModernFi announced today that it has closed an $18.7 million Series A funding round to bring its tech-forward platform to community and regional banks to help them grow, retain, and manage their deposits.
