Rainforest Raises $20M to Transform Embedded Payments for Software Platforms
- 3 months 1 week ago
- Fundraising News
Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.
Zeti Announces Series A Investment from HYCAP Group
- 3 months 1 week ago
- Fundraising News
Zeti, the award-winning innovator in fintech for clean transport adoption, today announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing. Zeti will join HYCAP’s rapidly growing portfolio of net zero assets and infrastructure companies, which already include Wrightbus, Ryze, Hygen and Yamna, as well as benefiting from HYCAP’s global reach and access to capital.
Slide Insurance Secures $175 Million Senior Credit Facility
- 3 months 1 week ago
- Fundraising News
Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.
Simply Asset Finance Secures £120m Loan Facility from Bank of America
- 3 months 1 week ago
- Fundraising News
Bank of America has agreed a new facility with Simply Asset Finance, the specialist business lending provider, which will unlock the potential of £120 million of further funding for businesses across the UK. The initial facility is for a value of £60 million with an accordion to £120 million.
Insurtech Company IBISA Raises $3 Million
- 3 months 1 week ago
- Fundraising News
IBISA, a Climate Insurtech company, has closed a $3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongside the Asian Development Bank Ventures (ADBV) and existing investors including Ankur Capital. This strategic investment will empower IBISA to make parametric insurance more accessible.
Payabli Closes $20M Series A to Scale Operations and Drive Innovation for Its Payments Infrastructure and Monetization Platform
- 3 months 1 week ago
- Fundraising News
Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than 3X revenue growth.
LoopFX Announces £2.6M Investment from Augmentum Fintech PLC
- 3 months 1 week ago
- Fundraising News
LoopFX announces a fresh round of funding with Augmentum Fintech, Europe’s leading fintech fund, who have taken a £2.6mln stake in the business. Augmentum’s Founder & CEO Tim Levene will join the Board of LoopFX, which is chaired by John Sievwright and includes experienced financial services entrepreneurs Martin Gilbert, Michael Soutar and Ivan Ritossa.
Banca AideXa Secures €16M led by ConfCommercio
- 3 months 1 week ago
- Fundraising News
Italian fintech Banca AideXa, specializing in digital lending for micro and small businesses, has raised €16 million in new capital. This funding brings their total raised capital to €96 million and includes Italy’s largest business association, ConfCommercio, as a new investor.
Samsung Next Invests in Curve's Differentiated Payment Features that Accelerate Digital Wallet Adoption
- 3 months 2 weeks ago
- Fundraising News
Curve, the leading digital wallet, today announced a strategic investment by Samsung Next. This new investment takes Curve's total raised funds to over $250 million and will be used to further enhance its products and offerings to financial consumers.
Verituity Raises $18.8M to Accelerate Its B2B and B2C Verified Payout Platform
- 3 months 2 weeks ago
- Fundraising News
Verituity, a leading provider of intelligent, verified payout solutions, announced the successful close of an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital with the participation of Ardent Venture Partners and MTech Capital. Chris Zock, Managing Partner and Co-CEO of Sandbox Industries will join Verituity’s board of directors.
TBC Bank Uzbekistan Secures $10 Million Loan from Responsibility Investments AG
- 3 months 2 weeks ago
- Fundraising News
TBC Bank Uzbekistan has secured a $10 million credit line from Switzerland-based impact investor responsAbility Investments AG. The funds will be used to further expand TBC Uzbekistan’s microlending effort, contributing to the ongoing growth of the digital bank’s loan portfolio and promoting financial inclusion in Uzbekistan, Central Asia’s largest country by population.
Indonesian Fintech Amartha Secures $17.5M Investment from Accion Digital Transformation Fund
- 3 months 2 weeks ago
- Fundraising News
Amartha, a pioneering Indonesian microfinance technology company, has announced a significant $17.5 million equity investment from the Accion Digital Transformation Fund. This investment aims to bolster Amartha’s efforts in expanding its platform to provide a comprehensive array of financial products and services tailored for underserved women-led small businesses in rural Indonesia, leveraging advanced data and AI technologies.
Peak3 Raises US$35M Series A Led by EQT
- 3 months 2 weeks ago
- Fundraising News
ZA Tech, the next-generation insurance core system SaaS provider, has rebranded as Peak3. With the successful completion of its US$35 million Series A fundraising from EQT (lead investor) and Alpha JWC Ventures, Peak3 now accelerates its expansion in the EMEA region and investments in complementary data and AI solutions.
Semperis Secures $125 Million in Growth Financing
- 3 months 2 weeks ago
- Fundraising News
Semperis, a pioneer in identity-driven cyber resilience, today announced it secured $125 Million in growth financing from J. P. Morgan and Hercules Capital. Following a $200 million Series C round in 2022 led by KKR, the new $125 million growth financing enables Semperis to further invest in product innovation and support a rapidly expanding global customer base.
Gynger Secures $20M in Series A Funding Round led by PayPal Ventures
- 3 months 2 weeks ago
- Fundraising News
Gynger, the first embedded financing platform for technology purchases, announced today that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Gynger will use the funding to scale its team and operations and accelerate its vision of transforming its embedded financing platform into a full-scale payments solution for buying and... more
