Friktion Raises $5.5M to Bring Full-Stack Portfolio Management to DeFi on Solana
- 2 years 10 months ago
- Fundraising News
Friktion Labs, the development organization building Friktion - a Solana-based options and structured product protocol, has concluded a $5.5 million capital raise.
Payment Orchestration Platform Gr4vy Pulls in Another $15M in a Series A extension
- 2 years 10 months ago
- Fundraising News, Payments
Retailers often build their own “orchestration” platforms for payment processing and routing, but these can be complex to maintain. Spreedly plays in this space, and, last year, new startup Gr4vy launched in the U.S. to do this in an even more fleet-of-foot manner, it claimed.
Indian Neobank Kaleidofin Raises $10 Million
- 2 years 10 months ago
- Digital banking, Fundraising News, Banking
Kaleidofin claims to provide curated, goal-based financial solutions to customers It uses multiple sources of information to create individual personas of the household and provide specific financial solutions The startup claims to have over a million active transacting customers in the country across more than 230 semi-urban and rural districts
FPL Technologies Raises $75 Million Funding at $750 Million Valuation
- 2 years 10 months ago
- Fundraising News, FinTech StartUps
The company plans to accelerate expansion and scale up its product teams to grow the issuance of OneCard
SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business
- 2 years 10 months ago
- Fundraising News, Asset Management, Banking
Successful financing round is co-led by a consortium of specialized blockchain and fintech investors, including Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralized finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of FTX, also participated in the round
Checkout.com Raises $1 Billion in Series D Amid Major US Market Push
- 2 years 10 months ago
- Fundraising News
Global payments processor reaches $40 billion valuation, raising total of $1.8 billion to date - Primary investors include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund and another large west coast mutual fund manager - Funds will be used in three key areas: US market growth, marketplaces solution launch, and to strengthen leadership in Web3
Twig Raises $35M Series A Round to Fuel Web 3.0 Green Payment Infrastructure
- 2 years 10 months ago
- Fundraising News, FinTech StartUps
Twig, a London, UK circular economy fintech scaleup, announces its $35 million Series A round of financing. The investment will help the company accelerate delivering its Web 3.0 green payment infrastructure and boosting the roll out of its current suite of financial products.
Brex Reaches $12.3B Valuation and Hires Former Meta Executive as Head of Product
- 2 years 10 months ago
- Fundraising News, People Moves
Brex raised $300 million in a Series D-2 round in the latest fintech megaround, raising its valuation to $12.3 billion. Brex initially offered credit cards to entrepreneurs and SMBs. It has evolved to become a one-stop funding shop for these enterprises. Brex Premium, a $49-per-month service, combines credit cards, company cash accounts, and new spend control and bill pay software under a single dashboard last April. Since its founding, the... more
Series B Raises USD 90m, Accelerating Expansion of Web 3.0 Offerings & Into New Global Markets
- 2 years 10 months ago
- Fundraising News, Banking
Sygnum’s Series B is led by Sun Hung Kai & Co. Limited (SEHK: 86), a leading Hong Kong listed alternative investment financial services institution
Alto Closes $40 Million Series B Funding Round to Help More People Use Their Retirement Dollars to Invest in Alternative Assets Including Crypto
- 2 years 10 months ago
- Fundraising News
Round led by Advance Venture Partners includes continued support from core investors including Coinbase Ventures and Unusual Ventures
Brankas Raises Usd $20m From Insignia Ventures and Visa to Expand Asia's Leading Open Finance Platform
- 2 years 10 months ago
- Fundraising News
Brankas, Southeast Asia's leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu of banking-as-a-service APIs serving customers across 6 markets in ... more
Cion Digital Raises $12 Million Seed Funding Round
- 2 years 10 months ago
- Blockchain, Fundraising News, SaaS
Funding round will accelerate Blockchain Orchestration Platform delivery of crypto-backed financing and payment solutions Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, today announced it has closed a $12 million Seed Capital raise.
Broker Insights Raises £6M in Series-A funding Round
- 2 years 11 months ago
- Fundraising News, Insurance
Broker Insights – the high-growth company whose digital platform is transforming the commercial insurance market – has raised more than £6m in a Series A funding round led by Mercia Asset Management.
Instant Grocery Startup VOLY Raises One of the Largest Seed Rounds in Australia at $18m
- 2 years 11 months ago
- Fundraising News, FinTech StartUps
Venture capital firm Sequoia Capital India leads the round Australia's first instant online grocery supermarket, VOLY, has raised AU$18M in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. This funding round will enable VOLY to continue to scale, expand the team, rapidly increase operations across key urban centres and... more
Singapore's 1982 Ventures Raises US$12.5M in the First Close of Seed Fund
- 2 years 11 months ago
- Fundraising News
1982 Ventures, a leading early-stage venture capital firm in Southeast Asia, has announced the initial close of its first seed stage venture fund with US$12.5 million in committed capital. The fund is targeting to raise a total corpus of US$15 million. Established in early 2020, 1982 Ventures is a Southeast Asia focused venture capital fund that invests in seed stage fintech startups in Southeast Asia. The fund was recently identified as the... more
