ID-Pal Secures €7 Million in Series A Funding Round as it Continues to Scale at Pace
- 2 years 3 months ago
- Fundraising News
ID-Pal, the global identity verification provider, today announced a €7 million (£6 million) Series A funding round to further fuel expansion into international markets. The round was led by Inspire Investments with confidence shared by Act Venture Capital who has now participated in ID-Pal’s last two rounds. Inspire Investments is led by Derek Delaney, CEO of Waystone, and is the private holding company for the management of Waystone.
Insurance Startup YuLife Raises $120m
- 2 years 3 months ago
- Fundraising News
After raising $120 million in a Series C fundraising round led by Dai-ichi Life Insurance Company, the UK-based insurance company YuLife is poised for global expansion. YuLife's life insurance product allows policyholders to do ordinary wellness activities to earn YuCoin, which they can use to purchase gifts for themselves, friends, and family, or to better the world by planting trees and donating to charity.
11/07 – Weekly Investment & Fundraising News
- 2 years 3 months ago
- Fundraising News
SaaS Fintech Griffin Secures Additional $15.5 Million in Funding in Quest to Become the Bank Fintechs can Build on
SaaS Fintech Griffin Secures Additional $15.5 Million in Funding in Quest to Become the Bank Fintechs can Build on
- 2 years 3 months ago
- Fundraising News
Today, Griffin – a Banking as a Service (BaaS) fintech firm – announces it has raised $15.5 million (£12.5 million) in funding to launch the OS for embedded finance. The round was led by Notion Capital, with participation from existing investor EQT Ventures as well as fintech angels including William Hockey, co-founder of Plaid and founder and co-CEO of Column, Nilan Peiris, VP of Growth at Wise, Rob Straathof, CEO at Liberis and Shane Happach,... more
Lucinity Raises $17 Million in a Series B Funding Round to Provide Banks with Productivity Tools to Fight Financial Crime
- 2 years 3 months ago
- Fundraising News
Lucinity today announced the closing of a $17 million Series B investment round, led by
SleekFlow Launches in the UK Following $8M Series A Funding Led by Tiger Global
- 2 years 3 months ago
- Fundraising News
SleekFlow, a leading SaaS omnichannel social commerce platform, has launched its new UK operation following an $8m Series A funding round. The company, which has over 5,000 clients globally, has appointed e-commerce industry specialist Craig Johnson as its UK sales director and opened its doors in Waterloo, London.
Insurtech Startup Konsileo Raises £4.7M in Series A Funding with Support from Committed Capital and ACF Investors
- 2 years 3 months ago
- Fundraising News
Konsileo, the commercial insurance broker and risk management adviser, today announced the completion of a £4.7 million Series A funding round. The round was led by Growth Tech VC Committed Capital, which first invested in Konsileo in 2018, and which provided £3.23m of the current funding round. New investors include a £900,000 investment from ACF Investors, a UK venture capital fund and angel investors.
A New Investment Round of 15 Million Euros Comes for BKN301, the Fintech Company Specializing in Digital Payments and Banking-as-a-Service
- 2 years 3 months ago
- Fundraising News
BKN301 - a fintech company developing payment services and Banking-as-a-Service functions - has raised 15 million euros with Series A funding, just after closing the first seed round a few months ago. The acquisition involves essential investors and brings the company to a valuation of 63 million euros.
04/07 – Weekly Investment & Fundraising News
- 2 years 3 months ago
- Fundraising News
From $46billion to $6.5billion - Klarna's Valuation Will Fall in the Company's Next Funding Round
From $46billion to $6.5billion - Klarna's Valuation Will Fall in the Company's Next Funding Round
- 2 years 3 months ago
- Fundraising News, Banking
According to the Wall Street Journal, Klarna is nearing a capital round that would reduce the BNPL giant's valuation from $45.6 billion to roughly $6.5 billion. The Journal reports that Klarna is attempting to raise $650 million, most of which will come from Sequoia Capital, the company's largest investor. When the company was riding the buy now, pay later wave, its $639 million investment round in June of last year's valuation represented a... more
Sustainable Crypto Yields with MoHash as it Raises $6M for DeFi Protocol
- 2 years 3 months ago
- Fundraising News
Penetration of global capital into emerging market private debt is minimal and liquidity is non-existent. MoHash is providing access to global capital and liquidity to debt issued by non-bank lenders using DeFi as a tool. Crypto already has close to $150B balances in stablecoin earning high risk, unsustainable and crypto correlated yields thus providing the intersection for MoHash to unlock value as it announces a $6M seed funding round today.
A French Digital Asset Tech Company Flowdesk has Raised $30million
- 2 years 3 months ago
- Fundraising News
Active in the cryptocurrency sector for several years, the four co-founders of Flowdesk, Guilhem Chaumont, Paul Bugnot, François Cluzeau and Balthazar Giraux have been working in this sector since 2017 after careers in banking, algorithmic trading, engineering and entrepreneurship.
FTX Nears $25million Bargain Deal for BlockFi
- 2 years 3 months ago
- Fundraising News
CNBC reports that less than a year after raising capital at a valuation of $3 billion, bitcoin player BlockFi is on the verge of being acquired by FTX for as little as $25 million. Friday could see the signing of an agreement before the end of the quarter, according to sources cited by CNBC. Only days earlier, FTX had provided BlockFi with an emergency $250 million line of credit.
UK Unicorn Zilch Extends Series C by $50M Bringing Total to $160M
- 2 years 3 months ago
- Fundraising News
Zilch, the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m. The extension brings Zilch’s total funding to more than $460m in debt and equity and sees the fintech company maintain its valuation.
FNZ Leads Series-A Investment in Fintech Start-up Bondsmith
- 2 years 3 months ago
- Fundraising News
FNZ, the leading global wealth management platform, has led a Series-A investment in Bondsmith, the fintech providing innovative cash management and savings solutions for the wealth industry.
