Federato Raises $25M in Series B Funding to Continue Catalyzing Insurance’s “AI Moment”
- 1 year 5 months ago
- Fundraising News
Federato, the insurance industry’s first RiskOps underwriting platform, today announced that it has raised $25M in Series B funding, led by Caffeinated Capital, with participation from Emergence Capital and Pear VC. This round comes less than a year after the company announced its Series A.
UK Fintech Freetrade, the Builder of an App for Consumers’ Life Savings, Raises £1.76M+ via Crowdcube
- 1 year 5 months ago
- Fundraising News
UK-based FinTech firm, Freetrade, which portrays itself as the creator of a life savings app, has successfully surpassed its Crowdcube funding target. The firm has raised an impressive £1.76m, significantly more than the £1m target it initially set, according to a report from Crowdfund Insider.
Upp. Raises $10M in Seed Funding as They Continue to Transform Online Selling for Retailers
- 1 year 5 months ago
- Fundraising News
On our mission to disrupt how retailers market and sell their products online, we are excited to announce that we have raised $10 million in a Seed Funding round led by leading U.S VC Bonfire Ventures.
Versori Secures $3.5 Million Investment to Accelerate Growth for its Data Infrastructure Platform
- 1 year 5 months ago
- Fundraising News
Versori, a leading provider of data infrastructure solutions, announced today that it has raised $3.5 million in a funding round led by Stage 2 Capital, with participation from notable angel investors including Cindy Bi of Capital X and Jamie Su, among others.
Treasury Management Fintech Delega Pockets £250,000 from Jenson Funding Partners
- 1 year 5 months ago
- Fundraising News
Delega, a fintech platform designed to simplify how corporations manage their signatories across multiple bank accounts, has secured £250,000 in a Seed round led by early-stage focused venture capital firm Jenson Funding Partners. The investment will be used to further development of the multi-bank tool via the implementation of new features and integration with value added services such as e-signature.
Neem Enters into a Strategic Investment Partnership with DNI Group to Revolutionise Finance Across Emerging Markets
- 1 year 5 months ago
- Fundraising News
It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group. Neem is renowned for its commitment towards revolutionising financial accessibility and inclusivity across emerging markets, particularly in Pakistan.
Spanish FinTech Innovator Embat Secures €5M
- 1 year 5 months ago
- Fundraising News
Spanish FinTech firm Embat, a disruptor in the financial planning and treasury management space for businesses, is taking a significant leap forward. The company, established by former J.P. Morgan executives Antonio Berga and Carlos Serrano, is recognised for its robust platform dedicated to digitising the entire accounting and financial planning procedures for businesses.
Metatime Has Successfully Secured a Total Investment of $25 Million to Date for Its Blockchain Ecosystem
- 1 year 5 months ago
- Fundraising News
Metatime, a blockchain technology company operating at the intersection of blockchain technology, product development, and cryptocurrency, has successfully developed a diverse portfolio of over 70 products. Leveraging its expertise, Metatime has created its own blockchain network called MetaChain and is preparing to list its ecosystem token, Metatime Coin (MTC), on the top-20 leading cryptocurrency exchanges from June 2023.
Insurtech Raincoat Secures an Additional $6.5M to Invest in Financial Resiliency in the Wake of Climate Disaster
- 1 year 5 months ago
- Fundraising News
Raincoat, a startup developing scalable climate insurance solutions that enable instantly processed individual claims, today announced the closing of an additional $6.5 million seed round bringing its total raised to date to $11 million. The funding round was led by TwoSigma Ventures – along with European-based VC firm Mundi Ventures, Revolution’s Rise of the Rest Seed Fund and EleFund.
TreasurySpring Raises $29 Million Led by Balderton Capital to Transform the Future of Cash Investment for Business
- 1 year 5 months ago
- Fundraising News
TreasurySpring – the first-of-its-kind investment platform helping firms of all sizes unlock and protect the true value of their cash assets – has raised $29 million in Series B funding led by Balderton Capital. Mubadala Capital also participated in the round, alongside previous investors ETFS Capital, MMC Ventures and Anthemis Group.
Fennech Secures £2 Million Seed Funding from Lloyds Banking Group
- 1 year 5 months ago
- Fundraising News
Fennech Financial, a leading innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding.
Resistant AI Extends Series A to $27.6m with new Funding from Notion Capital to Boost Fight Against Rapidly-evolving Financial Crime
- 1 year 5 months ago
- Fundraising News
Resistant AI, an artificial intelligence (AI) and machine learning security company that protects financial services from financial crime, today announced it has expanded its Series A funding to $27.6m, having raised an additional $11 million investment from Notion Capital. This adds to the existing funding from investors including GV, Index Ventures, Credo Ventures, and Seedcamp.
Italy’s Largest Pre-seed Round Ever: Jet HR is Born €4.7 Million Raised by Italy's Leading Innovators to Create a New HR Management Solution for a New Generation of Companies
- 1 year 5 months ago
- Fundraising News
Jet HR is the new - all-Italian - startup based on an idea by Marco Ogliengo, former founder of a successful tech company he exited in 2021, and Francesco Scalambrino, a top manager who was responsible for the software in 'unicorn' companies. Both, in their careers, have experienced the difficulties of bureaucratic personnel management and, knowing the potential of technology, decided to solve the problem.
utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally
- 1 year 5 months ago
- Fundraising News
utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal comprises of an acquisition and a funding round, which consists of both a portion of new funding from SC Ventures, and the roll-over of earlier funding from Singapore-based investors who supported the company through the pandemic.
Egyptian Fintech Agel Secures Substantial Pre-seed Funding
- 1 year 5 months ago
- Fundraising News
Agel, a pioneer in Egypt’s FinTech landscape, is the nation’s first and only provider of Sharia-compliant financial solutions. Established in October 2021 by co-founders Abdelrahman Saeed and Ahmed El Sherbiny, Agel is on a mission to reshape traditional financial services in Egypt.
