Indonesian Financial Technology Company Investree Secures $231M
- 1 year 1 month ago
- Fundraising News
Indonesia’s digital lending giant, Investree, is on the brink of clinching a significant series D funding, amassing up to €220m ($230.8m) via the establishment of a new joint venture based in Doha.
Rainforest Grows with $11.75M Seed Round Funding
- 1 year 1 month ago
- Fundraising News
Rainforest, a Payments-as-a-Service platform, has recently confirmed the successful completion of an $11.75m seed funding round. The round saw significant involvement from esteemed backers including Accel, who took the lead, as well as support from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners, and a host of strategic angel investors.
Clearco Raises $60M Series D Funding Led by Inovia Capital
- 1 year 1 month ago
- Fundraising News
Toronto-based fintech Clearco announced today the completion of multiple actions to recapitalize its business and solidify its position as the leading provider of growth capital to e-commerce businesses. The transactions include a $60M equity raise from existing investors and a new asset-backed financing facility, which provides up to $100M in financing capacity, and is expected to support $850M of Clearco originations over the next two years.
Lendbuzz Raises $345 Million to Expand its AI-Powered Auto Finance Platform
- 1 year 1 month ago
- Fundraising News
Lendbuzz, a financial technology company, that uses alternative data, machine learning, and deep neural networks to provide auto loans for a wide spectrum of borrowers announces today that they raised $345 million in a combination of $45 million in equity funding and $300 million in a forward flow facility.
Vyzer Raises $6.3 Million in Seed Round to Transform Wealth Management with AI
- 1 year 1 month ago
- Fundraising News
Vyzer, an innovative digital wealth management platform, has successfully raised a Seed round of $6.3 million from leading VCs, angel investors, and family offices including iAngels, Guy Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron. Leveraging AI technology, Vyzer transforms data into potent wealth-building strategies and grants investors access to a unified portfolio view.
Stampli Secures $61M to Advanced AI-Powered AP Automation
- 1 year 2 months ago
- Fundraising News
Stampli, a frontrunner in AI-powered accounts payable automation, has made waves in the FinTech world after securing $61M. The firm has successfully amassed the funding in its Series D venture funding round. This was masterminded by Blackstone, and saw notable contributions from stalwarts like Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital.
Sweden’s Brite Payments Raises $60 Million to Accelerate Instant Bank Payments Across Europe
- 1 year 2 months ago
- Fundraising News
Brite Payments, a leader in instant bank payments, today announced a $60 million funding round led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore. Brite leverages open banking to offer businesses easy-to-integrate, instant account-to-account (A2A) payments and payouts.
Stitch Announces $25 million Series A Extension led by Ribbit Capital
- 1 year 2 months ago
- Fundraising News
Payments infrastructure company Stitch today announced a $25 million Series A extension, led by Ribbit Capital, bringing the total raised to $52 million. Stitch will use the funding to continue building its end-to-end payments solutions – designed to meet complex and evolving payments needs for global enterprise clients – and expand its reach to serve more markets.
Apron Raises £12M Million to Expand Business Payments Platform
- 1 year 2 months ago
- Fundraising News
Apron, the intuitive fintech platform that slashes the time small businesses spend processing invoices, has raised $15 million in Series A funding led by Index Ventures. The funding is a sign of the growing appetite for consumer-grade experiences in B2B software and of the commercial potential in addressing the under-served small and medium business (SMB) community.
Farther Announces Closing $31 Million Series B Led by Lightspeed Venture Partners, Boosting Valuation to $131 Million
- 1 year 2 months ago
- Fundraising News
Farther – the leading technology-centric wealth management firm – announced today the successful closure of its oversubscribed Series B, securing $31 million in investments for the round. This achievement has propelled the firm's valuation to $131 million, marking a 2.5x increase compared to its previous valuation – all within a span of approximately one year since the successful completion of its Series A funding round.
albo Secures $40 Million in Series C Investment Round, Paving the Way to Become Mexico's First Profitable Neobank
- 1 year 2 months ago
- Fundraising News
Mexican neobank, albo, has proudly announced its latest accomplishment of closing a growth funding round worth $40m. The recent infusion was spearheaded by United States-based Morpheus Ventures. The funding round also witnessed significant backing from former supporters like the US-based Valar Ventures and Mexico’s own Nazca Ventures. This fund collection serves as a landmark achievement in albo’s development.
PortX Secures $16.5 Million in Series B Funding With Investors Focused on Community Financial Institutions
- 1 year 2 months ago
- Fundraising News
PortX, a transformative leader in open banking and seamless core integration for community financial institutions, is excited to announce the successful closing of a $16.5 million Series B funding round.
Slope Announces $30M Round from USV and Sam Altman
- 1 year 2 months ago
- Fundraising News
Slope, a company focused on revolutionising the B2B payment landscape, has successfully announced its latest funding round. The recent funding round saw Slope raise $30m, with the lead investment from Union Square Ventures and significant backing from OpenAI’s Sam Altman.
Perenna Raises $52 Million in Latest Funding Round to Establish a New Financial Infrastructure in the UK
- 1 year 2 months ago
- Fundraising News
Perenna, a new bank with a mission to structurally change the UK mortgage market, has secured a further $52 million equity investment that will see the business roll-out its long-term fixed-rate mortgage products. The latest funding round is another significant milestone in the business’ launch following the recent approval of its UK banking licence.
Fintech Startup Bright Money Raises $62M Debt and Equity Funding
- 1 year 2 months ago
- Fundraising News
US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix of debt and equity. Encina Lender Finance provided the fintech with $50 million in debt funding, in addition to $12 million in equity funding led by Alpha Wave, Hummingbird and PeakXV.
