CapStack, a Bank-to-bank Marketplace, Raises $6M
- 1 year 2 months ago
- Fundraising News
CapStack, a startup formed by Pipe co-founder Michal Cieplinski, has raised $6 million toward its effort to build an integrated operating system for banks. In simpler terms, Cieplinski described CapStack as the “first bank-to-bank marketplace,” giving the institutions the ability to share and have visibility into one another’s portfolios.
MerQube Raises $22M with Series B Fundraising Led by Intel Capital
- 1 year 2 months ago
- Fundraising News
MerQube, a pioneer in technology for next-generation index-linked investing, announces USD 22 million raised in Series B funding. The investment round was led by Intel Capital with participation from new investor Allianz Life Ventures, and existing investors Citi, J.P. Morgan, Laurion Capital Management and UBS. In conjunction with the financing, David R. Mueller, Intel Capital Investment Director, will join MerQube’s board of directors.
InsurTech hepster Closes €10 Million Series B Financing Round
- 1 year 2 months ago
- Fundraising News
Leading European Embedded InsurTech hepster secures €10 million of new financing which will be deployed to support hepster’s continued expansion into new markets, delivering continued sustainable growth and securing hepster’s pathway to profitability. hepster offers an API-driven ecosystem that enables companies from all industries to seamlessly integrate needs-based customised insurance into their digital customer journeys. hepster is... more
Orderfaz Raises Pre-Seed to Support Indonesia's Booming Social Commerce Sector
- 1 year 2 months ago
- Fundraising News
Orderfaz, an Indonesian fintech startup for social commerce sellers, today announced the completion of a pre-seed round of financing led by 1982 Ventures.
Defacto Raised €167M Debt Financing from Citi and Viola Credit
- 1 year 2 months ago
- Fundraising News
French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up to €167 million ($183 million) with Citi and Viola Credit acting as the lenders. This is significant news for the startup as it means that it will have more capital to deploy, which will eventually generate more revenue.
Jirav Secures $20M in Series B Funding
- 1 year 2 months ago
- Fundraising News
It’s an exciting day at Jirav. Today we’re officially announcing that we have raised $20 million in our Series B funding round led by Cota Capital and powered by many of our ongoing investors. Jirav has experienced record growth over the past few quarters, with hundreds of new companies joining our platform every month. This positive momentum affirms the value and trust our customers place in us.
Giza Raises $3M Pre-Seed Led by CoinFund to Bring Artificial Intelligence to Web3 Smart Contracts
- 1 year 2 months ago
- Fundraising News
Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols, today announced a $3 million pre-seed round led by CoinFund, a leading cryptonative investment firm and registered investment adviser, with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi and Julien Bouteloup, among others.
Collective Raises $50M to Become First AI-Powered Finance Platform for Freelancers
- 1 year 2 months ago
- Fundraising News
Collective, the first all-in-one online back-office platform for solopreneurs, announced it has raised $50M from a syndicate of investors including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others.
Solaris Closes €38 Million Funding Round
- 1 year 2 months ago
- Fundraising News
Solaris SE, Europe’s leading embedded finance platform, announced today the EUR 38 million first close of its Series F round, led by existing investors. As previously stated, Solaris will use the funds primarily to strengthen governance and compliance and lay the foundation for the company's next phase of growth.
African Fintech Startup Moove Secures $8M from Absa for Ghana Expansion
- 1 year 3 months ago
- Fundraising News
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured funding of $8m from Absa Corporate and Investment Banking. This move is a stride towards expanding its vehicle fleet in Ghana, according to a report from Tekedia.
Chilean FinTech Shinkansen Secures $3M for Cross-border Expansion
- 1 year 3 months ago
- Fundraising News
Shinkansen, a burgeoning FinTech start-up hailing from Chile, has recently celebrated the successful closure of a seed investment round. The young company is known for its revolutionary approach to speedy financial transactions, reflecting the swift movement of Japan’s Shinkansen train network which inspired its name.
Silvr Signs a New Securitized Facility of up to €200 Million with Citi and Channel
- 1 year 3 months ago
- Fundraising News
Silvr, an innovative neo-lender focused on serving small and medium-sized enterprises (SMEs), has achieved significant strides in the past few years since its inception in 2020.
Clair Raises $175 Million in Funding to Launch First Free, On-demand Pay Solution Powered by Pathward®, N.A., to Help Front-line Workers Get Paid Same Day
- 1 year 3 months ago
- Fundraising News
Clair, a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. The new program provides for a participation amount of up to $150 million, which allows front-line workers to take wage advances from Pathward.
InsurTech Qover Secures $30M in Series C Funding Round
- 1 year 3 months ago
- Fundraising News
In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round. Qover’s mission, to craft a comprehensive safety net that safeguards everyone, globally, underscores its commitment to innovative solutions in the InsurTech space.
Numarics Raises Over €10M to Build the Business OS for SMEs
- 1 year 3 months ago
- Fundraising News
Swiss FinTech startup Numarics, a company building the business OS, has raised a €10.2M seed round for its automated accounting and administration solution tailored to SMEs.
