Hakbah Fintech Closes $5.1 Million Series A, Funding Round
- 11 months 2 weeks ago
- Fundraising News
Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraising. The funding round was led by VentureSouq - the MENA-based venture capital firm with a global portfolio. Also participating were new investors M-Capital and Bunat Ventures; and existing investors Global Ventures and Aditum Investment Management Ltd.
SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital
- 11 months 2 weeks ago
- Fundraising News
SellersFi, a global, cutting-edge financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135MM with the potential to grow up to $300M as SellersFi expands. The senior capital is provided by Citi with a portion from Fasanara, and the mezzanine capital is provided solely by Fasanara. Also, Fasanara is renewing its commitment to SetoersFi by continuing its support to SellerFi as a... more
Fiat Republic Raises $7 Million in Seed Extension
- 11 months 2 weeks ago
- Fundraising News
Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, today announces it has raised $7 million in a seed extension round. Participants in the round include first-time investments from Kraken Ventures, Fabric Ventures, Arca, and Inovo Ventures, as well as existing investors Speedinvest, Credo Ventures, and Seedcamp.
OIF Ventures Backs Payble’s Growth with $3.5m Investment
- 11 months 2 weeks ago
- Fundraising News
Payble, a leading provider of payments workflow and customer engagement software, today announced it has closed a $3.5 million funding round led by OIF Ventures. The new funding will be used to continue to capitalize on strong demand for Payble’s citizen-centric payment solution in its beachhead segment of local government payments, as well as explore opportunities for global expansion.
Tamara Lands $1 Billion Valuation with $340m Series C Funding, led by SNB Capital and Sanabil Investments, Making it the First Saudi Fintech Unicorn Startup
- 11 months 2 weeks ago
- Fundraising News
Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by securing $340 million in a Series C equity funding round.
Cybersecurity Startup, Xeol, Raises $3.2M in Seed Round
- 11 months 3 weeks ago
- Fundraising News
Xeol, the New York City-based cybersecurity company, announced today that it raised $3.2 million in Seed funding led by Shield Capital with Y Combinator and 468 Capital also participating.
Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Launches Karak Blockchain Testnet, Opens Global HQ in Abu Dhabi
- 11 months 3 weeks ago
- Fundraising News
Andalusia Labs, a blockchain security solutions firm, has raised $48 million in a Series A funding round, achieving a valuation of $1 billion.
Kapital Raises $165 Million to Power AI driven Financial Platform for SMEs
- 11 months 3 weeks ago
- Fundraising News
Kapital a global bank and tech platform, announced today that it has closed an oversubscribed $40 million Series B equity financing round and $125 million debt raise. Tribe Capital led the Series B, with participation from Cervin Ventures, Tru Arrow, MS&AD Ventures, Alumni Ventures among others.
Pave Bank Launches with $5.2M Funding Round for Programmable Money Revolution
- 11 months 3 weeks ago
- Fundraising News
Banks have vastly evolved over the last 50 years but the underlying global financial system has remained largely the same; obscure and inefficient. The advent of regulated digital assets and programmable money, along with its adoption by central banks around the world offers a root and branch transformation of how value will move around the world.
Latest Raise Sees RegTech Salv's War Chest Hit €12.1M to Combat Rising APP Fraud in the UK
- 11 months 3 weeks ago
- Fundraising News
Regtech Salv, with its suite of tools to help banks and service companies fight financial crime, has raised €3.9m in new funding, bringing its capital raised this year to €7.9m and total funding to €12.1m. The round includes investments from new and existing investors and is a testament to a strong year for the Estonian-based regtech, which is on track to double its revenue in 2023 compared to 2022.
Fintech Meniga Raises €15 Million to Scale and Accelerate New Strategy
- 11 months 3 weeks ago
- Fundraising News
Meniga, a leader and pioneer in Personal Finance Management solutions, which has delivered work for some of the world’s largest banks and financial institutions, today announces that it has raised €15 million in Series D funding.
Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO
- 11 months 3 weeks ago
- Fundraising News
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments, a wholly-owned company by the Public Investment Fund ("PIF"). The round saw participation from Shorooq Partners, AB Ventures and other investors.
French Fintech Aria Lands €15M to Bring the Digital Payment Experience to All Businesses
- 11 months 3 weeks ago
- Fundraising News
B2B payments represent $120 trillion in volume annually around the world but only 7% of this is conducted digitally.
Japanese Revenue-Based Finance Startup Yoii Completes $5.5M Funding in Series A Round
- 11 months 3 weeks ago
- Fundraising News
Yoii Inc., providing the revenue-based financing (RBF) platform "Yoii Fuel" in Japan, announces the completion of a Series A round for approximately $5.5M. This funding round was led by Emellience Partners, with participation from Itochu Technology Ventures, FFG Venture Business Partners, and five other existing investors. This raises Yoii's total funding to $9.5M. By introducing innovative new fundraising methods in Japan, that are neither debt... more
Global Fintech SumUp Raises €285 Million Led By Sixth Street Growth and Bain Capital Tech Opportunities
- 11 months 3 weeks ago
- Fundraising News
SumUp, the leading global financial services company, today announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group.
