Thera Raises $4 Million in Seed Funding
- 2 months 2 weeks ago
- Fundraising News
Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform and expanding its team in New York City.
Arch Lending Raises $75M to Build the New Standard of Crypto Lending
- 2 months 2 weeks ago
- Fundraising News
Arch Lending, the most trusted crypto-backed loan provider, today announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and more.
Workpay Raises $5M Series A Investment to Expand HR and Payroll Platform Across Africa
- 2 months 2 weeks ago
- Fundraising News
Workpay, the cloud-based HR, payroll and benefits platform for organisations with employees across Africa, today announces that it has raised $5m in a Series A funding round led by Norrsken22. The round also includes participation from Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Ventures and Acadian Ventures, a venture firm which specialises in investment into the next generation of work technologies.
Resal Raises a $9M Funding Round
- 2 months 2 weeks ago
- Fundraising News
Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors.
Waza Secures $8M in Seed Funding to Revolutionize Business Payments in Nigeria and Emerging Markets
- 2 months 2 weeks ago
- Fundraising News
Waza is excited to announce that it has raised $8 million in Seed Funding to advance its mission of simplifying business payments in Nigeria and other emerging markets.
WSPN Secures $30 Million in Seed Funding to Redefine the Future of Digital Payments With Stablecoin 2.0
- 2 months 3 weeks ago
- Fundraising News
WSPN (Worldwide Stablecoin Payment Network), a leading provider of next-generation stablecoin infrastructure, has raised US$30 million in Seed funding round. This round was led by Foresight Venture and Folius Ventures, with participation from prominent investors including Hash Global, Generative Ventures, Yunqi Partners, RedPoint China, and a consortium of top-tier investment companies, exchanges and foundations.
Mesh Announces Strategic Investment From QuantumLight, Revolut Founder Nik Storonsky's VC Firm, Tripling Its Series A Valuation
- 2 months 3 weeks ago
- Fundraising News
Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced a new investment by QuantumLight, the innovative venture capital firm founded by Nik Storonsky, the CEO and founder of global financial superapp Revolut, which recently reached 45 million users in June 2024, establishing itself as one of the leading tech companies across the globe.
Syfe Raises USD 27 Million in New Funding Round, Announces Profitability in Singapore
- 2 months 3 weeks ago
- Fundraising News
Syfe, Asia’s leading saving and investment platform, today announced that it has closed a USD 27 million funding round, increasing its valuation and bringing total funds raised to USD 79 million.
Amount Raises $30 Million in Equity Funding to Power Digital Lending Solutions for Credit Unions and Banks
- 2 months 3 weeks ago
- Fundraising News
Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, today announced the successful close of a $30 million equity capital raise. The company will use the funds to further invest in its world-class technology and accelerate its progress in the credit union sector, building on Amount’s successful track record of helping financial institutions simplify and... more
Sling Money Raises $15 Million Series A to Transform Global Payments
- 2 months 3 weeks ago
- Fundraising News
Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, today announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures.
PayZen Closes $232M B Round In Equity and Debt Led By NEA To Boost Healthcare Affordability with AI
- 2 months 3 weeks ago
- Fundraising News
Today PayZen, a technology company tackling healthcare affordability with AI-powered solutions, announced an oversubscribed Series B, led by NEA, with full participation from existing investors including 7wireVentures, SignalFire,
Cents Announces $40M Series B Funding to Support SMBs in the Garment Care Industry
- 2 months 3 weeks ago
- Fundraising News
Cents, the largest leading all-in-one business management platform powering the way garment care SMBs grow, manage, and understand their businesses, today announced the close of its $40M Series B funding round. The round was led by Camber Creek with participation from previous investors Bessemer Venture Partners and Tiger Global.
Walnut Insurance Secures $4.6M To Transform Insurance Distribution With Embedded Technology
- 2 months 4 weeks ago
- Fundraising News
Walnut, an innovative force in the insurance distribution industry, today announced the successful close of its latest funding round, securing $4.6M. The investment will be used to expand Walnut's groundbreaking embedded insurance technology platform for insurers, brokers and enterprise businesses looking to participate in the future of insurance distribution.
Uzum Prepares For Series B Funding Round
- 3 months 1 day ago
- Fundraising News
Uzum, a leading ecosystem of digital services in Uzbekistan, today announces its key performance highlights for the six months ended 30 June 2024. Key Operating and Financial Highlights · Marketplace GMV grew 4 times year-on-year · Loan portfolio of Uzum fintech services more than doubled
CloudPay Secures $120 Million Funding To Further Strengthen Its Global Customer Base
- 3 months 1 day ago
- Fundraising News
CloudPay, the leading independent provider of global payroll and payment solutions, today announces the closing of a $120 million funding round led by Blue Owl Capital with the participation of existing shareholders Rho Capital Partners, The Olayan Group and Hollyport Capital. The funding further strengthens CloudPay's capital base and provides flexibility for future growth opportunities.
