Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
- 1 year 1 month ago
- Fundraising News
Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round.
Pier Secures $2.4 Million to Help Businesses Launch Credit Products
- 1 year 1 month ago
- Fundraising News
Pier has raised $2.4 million in an oversubscribed round to develop its technology that helps businesses launch credit products. The company’s “Stripe for credit” solution automates every aspect of the credit lifecycle, including origination, underwriting, compliance, and servicing, Jessica Zhang, CEO and co-founder of Pier, said in a Thursday post on LinkedIn.
hyperexponential Raises $73M Series B to Expand Its Mission-Critical Insurance Pricing Platform
- 1 year 1 month ago
- Fundraising News
hyperexponential, the global leader in pricing decision intelligence (PDI) software, today announced the completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series A investor Highland Europe, which increased its holding.
Karma Wallet Ignites Sustainable Finance Revolution with $2M+ Backing and Groundbreaking Card
- 1 year 1 month ago
- Fundraising News
In a bold move to fuse financial technology with environmental stewardship, Karma Wallet announces today the launch of their Karma Wallet Card, a groundbreaking new spending tool that redefines the power of purchase.
Payment Technology Provider Rivero Raises $7m Series A to Supercharge Growth
- 1 year 1 month ago
- Fundraising News
Rivero, a European Fintech specializing in digitalization and automation of payment processes, announced today that it has raised $7 million in a Series A round. The round was led by 6 Degrees Capital and Inference Partners, with participation from PostFinance's Venture Arm, Kraken Ventures, Seed X Liechtenstein, and angel investor and former COO of Adyen, Robert Kraal, together with a long list of payment executives.
Rainbow Announces $12 Million in Funding to Transform Small Business Insurance Underwriting
- 1 year 1 month ago
- Fundraising News
Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, has announced raising $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd.
Keepit Secures $40 Million in Refinancing from HSBC Innovation Banking to Boost Growth
- 1 year 1 month ago
- Fundraising News
Keepit has today announced HSBC Innovation Banking, the global, specialized banking partner for businesses in cutting-edge sectors, has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO).
AbbeyCross Raises US$6.5M in Seed Funding Round Led by Valar Ventures
- 1 year 1 month ago
- Fundraising News
AbbeyCross, the world’s first wholesale FX platform focused on improving the payment market infrastructure for Emerging Market currencies, announced today that it has raised US$6.5M in its seed funding round. The raise follows significant and growing interest in the company’s proposition from major financial services institutions globally.
Fintech ZILO™ Announces £25 Million Series A Fundraising Round
- 1 year 1 month ago
- Fundraising News
ZILO™, the UK-based FinTech specializing in global asset and wealth management software, is pleased to announce a £25 million Series A funding round. The fundraiser, which was oversubscribed, was co-led by Fidelity International Strategic Ventures (FISV) and Portage, with participation from State Street and Citi signalling strong confidence in ZILO™’s vision and commitment to becoming the leading financial services software innovation company.
Maalexi – Pioneering UAE Agri Trade Fintech – Raises $3M in Pre-Series A
- 1 year 1 month ago
- Fundraising News
Maalexi, the UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund raise. The funding round was led exclusively by Global Ventures - MENA’s leading venture capital firm - which joins existing venture capital investors Rockstart (Amsterdam) and Ankurit Capital (New Delhi).
Solva Raises $20M from the Sawiris family and ZCP
- 1 year 1 month ago
- Fundraising News
Solva, a FinTech providing working capital solutions, has announced that it has raised a $20 million investment backed by the Sawiris family and ZCP. The capital injection will allow Solva to further scale our digital financial products for millions of micro, small, and medium enterprises and boost job creation in Central Asia.
Bumper Completes $48 Million Funding Round to Drive Growth in Flexible Automotive Payments Across Europe
- 1 year 1 month ago
- Fundraising News
Bumper, the fintech enabling flexible payments for car repairs, has announced the completion of a $48 million / €46 million / £40 million Series B fundraising to accelerate its growth.
Revfin Secures $14M Led by Omidyar
- 1 year 1 month ago
- Fundraising News
Revfin, a leading digital lending platform that finances electric vehicles, has raised $14m in a series B funding round. This significant injection of capital was led by Omidyar Network and was joined by the Asian Development Bank, Companion Capital Limited, a group of angel investors, and existing investors such as Green Frontier Capital and LC Nueva Investment Partners.
Fimple Completes Bridge Investment Tour, Securing a Total of $5.5 Million Investment
- 1 year 1 month ago
- Fundraising News
Following the $2 million investment obtained in the previous pre-seed round, Fimple has now secured an additional $3.5 million investment in the Bridge Investment tour, adding a new angel investor to its list. Led by Apy Ventures, the tour saw participation from KT Portfolio, Tera Portfolio, and angel investors. This total investment of $5.5 million aims to strengthen Fimple’s position as a leader in the finance industry by supporting the... more
Tameed Platform Closes Series A Funding Round of $15 Million Led by Alromaih Investment Group
- 1 year 1 month ago
- Fundraising News
Tameed Digital Lending Platform, which offers shariah-compliant Government Purchase Orders Financing for SMEs in Saudi Arabia, announced that it has successfully closed a funding round (Series A) amounting to SAR 56.75M (USD 15M) led by Alromaih Investments.
