Trust & Safety Platform Pasabi Secures Multi-million-dollar Investment to Fuel Global Expansion
- 1 year 5 months ago
- Fundraising News
UK Trust & Safety platform, Pasabi, has secured a multi-million-dollar investment deal to fund the company’s global expansion.
Demox Labs Raises $4.5M to Advance Zero-Knowledge Proof Infrastructure
- 1 year 5 months ago
- Fundraising News
Demox Labs, a pioneer in the creation of zero-knowledge technology, today announced it has raised a $4.5 million pre-seed funding round and debuted Leo Wallet, a first-of-its-kind privacy-focused cryptocurrency wallet for use with the Aleo blockchain. The funding round was led by HackVC with participation from DCVC, Amplify Partners, Coinbase Ventures, CRV, OpenSea, and CSquared.
Teylor Secures €275M Funding from Barclays, M&G Investments, Becoming One of the Best-Funded SME Credit Platforms in Central Europe
- 1 year 5 months ago
- Fundraising News
Teylor, Barclays, M&G Investments and other investors have closed one of the largest fundraisings in the European private debt market for alternative lenders and the fintech industry so far in 2023. The €275m in fresh capital will enable Teylor to continue its rapid growth and allow the company to meet the financing needs of SMEs with a variety of debt products via the Teylor credit platform.
XONAI Raises $3.5M to Reduce Data Infrastructure Operational Costs at Enterprise Scale
- 1 year 5 months ago
- Fundraising News
XONAI, a cloud optimization solution helping organizations reduce data infrastructure costs, announced today it has closed $3.5 million in Seed funding.
Magic Receives $52M Strategic Funding Round led by PayPal Ventures
- 1 year 5 months ago
- Fundraising News
Magic, the leading wallet-as-a-service (WaaS) provider, today announced it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The new round brings the total raised to more than $80M.
Vartana Announces $20M Series-B Round of Funding
- 1 year 5 months ago
- Fundraising News
Vartana, the B2B sales closing and financing platform, today announced it has raised $20M in Series B funding led by commerce & fintech growth firm Activant Capital, with participation from Mayfield and Audacious Ventures. This growth investment comes on the heels of the company’s $12M Series A round, announced in January 2023.
Hybr1d Raises US$3.2 Million to Power AI-Driven IT and HR Solutions from Global Founders Capital, MS&AD Insurance VC arm, 468 Capital, and 1982 Ventures
- 1 year 5 months ago
- Fundraising News
Hybr1d, a global workforce management platform, today announced the completion of a US$3.2 million pre-seed round of financing from Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures. The company plans to use this investment to supercharge its technology development, recruit across all functions, and expand its reach across the Europe, APAC and Middle East regions.
Tabby Closes New Financing, Upsizes Warehouse Debt Facility to $350M (1.3b SAR)
- 1 year 5 months ago
- Fundraising News
Tabby, the MENA’s leading shopping and financial services app, has successfully closed a new financing round resulting in upsizing its debt facility to $350 million, over a 2X increase since its last debt raising announcement.
NomuPay Raises $53.6M to Provide Ambitious Global Enterprises with an ‘All Access Pass’ for Payments in Southeast Asia, Turkey and Europe
- 1 year 5 months ago
- Fundraising News
NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has raised $53.6m. The round was co-led by Finch Capital and Outpost Ventures, an investment platform of Neuberger Berman, with participation from individuals.
Blocktrade Raises €4.5M Prior to Public Round of BTEX Token Sale
- 1 year 5 months ago
- Fundraising News
Blocktrade, the gamified asset marketplace for everyone, has announced the close of its exclusive Blocktrade Exchange Token (BTEX) sale round, which ran from May 5th to 18th and followed a sold-out pre-sale round earlier this year. A total of €4.5 million worth of BTEX has been raised from over 1400 community members in 42 countries.
InsurTech Pioneer Sixfold Secures $6.5M in Seed Round
- 1 year 5 months ago
- Fundraising News
Sixfold, a groundbreaking InsurTech startup, has launched the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
Skorlife, Indonesia-based FinTech Start-up, Raises $4M in Seed Funding
- 1 year 5 months ago
- Fundraising News
Skorlife, the Indonesia-based FinTech start-up focused on improving credit score transparency, has successfully raised $4m in a seed funding round. The funding round was spearheaded by Hummingbird Ventures, attracting further investment from QED Investors as well as repeat investors AC Ventures and Saison Capital, according to a report from TechCrunch.
South&Southeast Asia Fintechs Have Raised USD 53.3B to Date in Alternative Lending, Digital Banking, Payments & Transfers, and E-wallet
- 1 year 5 months ago
- Fundraising News
Over the entire history, fintechs in alternative lending, digital banking, payments & transfers, e-wallet sectors have raised a grand total of USD 53.3 Bn and earned USD 17.8 Bn. The total rate of return (Total Revenue / Total Funding) is approximately 33.4%, which means that for every dollar attracted, fintechs earn an average of 33.4 cents per year on transactions related to their activities.
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
- 1 year 5 months ago
- Fundraising News
NYMBUS®, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors.
Climate Fintech Pyrpose Secures $1 Million in Angel Round
- 1 year 5 months ago
- Fundraising News
Pyrpose, a breakthrough climate finance platform which connects climate-conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise.
