4/02 – Weekly Investment & Fundraising News
- 2 years 9 months ago
- Fundraising News
1. NBK Capital Partners Mezzanine Fund provides $10 million financing to Moove, an African Mobility Fintech
B2B Payments Platform Billhop Raises €10.5 Million Led by EQT Ventures to Help Businesses Optimise Working Capital and Gain Process Efficiencies
- 2 years 9 months ago
- Fundraising News, Payments
Billhop enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack – tapping into $120 trillion B2B payments market, which lacks low-friction options compared to B2C Creates opportunities for increased capital efficiencies, creating win-wins for all buyers, sellers, and their payment providers New funding will be used for hiring, customer acquisition, and geographical expansion
CoinTracker Raises $100M to Make Cryptocurrency Portfolio Tracking and Tax Compliance Seamless for Millions of Users Globally
- 2 years 9 months ago
- Fundraising News, Cryptocurrencies
Back in 2017, we started tinkering with cryptocurrency. We set up accounts on several exchanges and began using a bunch of wallets. While exchanges and wallets have made it reasonably easy to buy, hold, and transact with crypto securely, it was difficult to understand what our portfolios looked like, and nearly impossible to comply with tax rules. We attempted to use spreadsheets and tried all the software out there; but to our frustration, they... more
Wrk Making Waves in Automation Space With $55M Funding Announcement
- 2 years 9 months ago
- Fundraising News
Montreal-based automation start-up has raised over CAD$55M in total funding after closing its Series A New direct investment from OMERS Ventures and White Star Capital—combined with debt financing from Silicon Valley Bank (SVB) and previously raised seed funding from Desjardins Capital and Real Ventures—will see Wrk expand its team and accelerate the development of its platform
Crunchr Raises Funding to Revolutionise People Analytics for Enterprise HR Teams
- 2 years 9 months ago
- Fundraising News, SaaS
● Crunchr is a leading people analytics platform that helps companies understand what’s happening within their workforce and organization, and to get actionable insights to improve workforce productivity and employee engagement. ● Crunchr will use the new funding to invest in product development and international expansion, and plans to treble the team within 18 months.
Descartes Underwriting Raises $120 Million to Become a Category Leader in Corporate Insurance Worldwide February 1, 2022
- 2 years 9 months ago
- Fundraising News
Descartes Underwriting, the InsurTech company specializing in next-generation corporate insurance solutions to address climate and emerging risks, announces a $120 million Series B funding round.
Fintech Startup Bizi Raises $7.5 Million Seed Funding to Offer SMBs Credit Lines
- 2 years 9 months ago
- Fundraising News, FinTech StartUps
The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi. Fintech company Bizi, which provides small and medium-sized businesses in Israel with credit lines, has raised $7.5 million in Seed funding. The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi, as well as Israeli insurance company Phoenix and Orshay, a company which provides non-banking credit.
Ayoconnect Raises $15m Series B to Scale Indonesia’s Largest Open Finance Api Platform
- 2 years 9 months ago
- Fundraising News, Open Banking, Payments
Tiger Global led the heavily oversubscribed round, joined by PayU and Alto Partners Ayoconnect is Indonesia’s leading open finance platform with more than 4,000 embedded finance products and 500 million annual API hits More than 200 customers use Ayoconnect’s APIs, serving some of the largest financial institutions, tech unicorns, and traditional companies as well new and up-and-coming startups
28/01 – Weekly Fintech Investment & Fundraising Recap
- 2 years 9 months ago
- Fundraising News
1. Eleven Ventures raises €60 million fund
Moglix Raises $250 Million at $2.6Billion valuation, Delivers 80x Return To Seed Investors
- 2 years 9 months ago
- E-Commerce, Fundraising News, Investment
Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor. In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage... more
HackerOne Caps Growth Year With $49 Million Investment
- 2 years 9 months ago
- Fundraising News, Investment
Success in Securing Enterprise Organizations Against Cyberattacks Attracts Series E Funding and Cements HackerOne As Category Leader
Tuum Announces €15 Million Series a Round, Amid Shift in How Banks Approach Core Banking Transformation
- 2 years 10 months ago
- Fundraising News, Open Banking
The funding round will enable the next-generation core banking platform – formerly known as Modularbank - to continue investing in product innovation, strengthen its EU and UK presence, and prepare for expansion outside of Europe
Eleven Ventures Raises €60m Fund to Enable Founders From South Eastern Europe to Conquer Global Markets
- 2 years 10 months ago
- Fundraising News
● The pre-seed and seed focused firm, originally founded by successful founders from the region, is on a mission to help grow the technology industry in South Eastern Europe by investing in the next generation of entrepreneurs.
21/01 Weekly Investments and Funding Recap
- 2 years 10 months ago
- Fundraising News, Investment
Personetics received an $85 million investment from Thoma Bravo
Fintech Cushon Raises £35m and Announces Third Acquisition in Its Mission to Lead a Tech-revolution of UK Pensions
- 2 years 10 months ago
- Fundraising News
Workplace savings fintech, Cushon, closes latest £35m fundraising round, bringing total raised over past two years to £61m. The new capital is being used to fund its latest acquisition, scale operational capability, and invest in technology and product development. Cushon is acquiring the Creative auto-enrolment scheme which is Cushon’s third acquisition in two years and will result in the fintech looking after £1.7bn of assets for 400,000... more
