utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally
- 1 year 8 months ago
- Fundraising News
utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal comprises of an acquisition and a funding round, which consists of both a portion of new funding from SC Ventures, and the roll-over of earlier funding from Singapore-based investors who supported the company through the pandemic.
Egyptian Fintech Agel Secures Substantial Pre-seed Funding
- 1 year 8 months ago
- Fundraising News
Agel, a pioneer in Egypt’s FinTech landscape, is the nation’s first and only provider of Sharia-compliant financial solutions. Established in October 2021 by co-founders Abdelrahman Saeed and Ahmed El Sherbiny, Agel is on a mission to reshape traditional financial services in Egypt.
Acryl Data Raises $21M to Accelerate Future of Data Management
- 1 year 8 months ago
- Fundraising News
Acryl Data – the company driving the DataHub Project, the most widely-used open source data catalog – today announced that it has secured $21M in Series A funding led by 8VC with participation from Ram Shriram at Sherpalo Ventures, Guillermo Rauch, founder and CEO of Vercel, and The Chainsmokers
Fintech Innovator Mypinpad Secures $13 Million Investment
- 1 year 8 months ago
- Fundraising News
Mypinpad, a global innovator in mobile card payments acceptance and identity authentication software solutions, is thrilled to announce a substantial investment round of $13 million led by Crossfin Holdings (Crossfin). This strategic investment will help expansion and support Mypinpad’s goal of building out its global payments and authentication SaaS offerings.
Latin American FinTech Parfin Significant Investment from Accenture
- 1 year 8 months ago
- Fundraising News
Accenture, a global professional services company, has confirmed its strategic investment in Parfin, a leading player in the provision of responsible and compliant Web3 infrastructure services to Latin America’s financial institutions.
Yendo Raised $24M to Expand Access to Affordable Credit
- 1 year 8 months ago
- Fundraising News
Yendo, an innovative FinTech firm that introduced the world’s first vehicle-secured credit card, announced it has raised $24m in a Series A funding round.
Chexy Raises CAD1.3M in a Pre-seed Round
- 1 year 8 months ago
- Fundraising News
Chexy, described as Canada’s pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD. Crossbeam Ventures championed the investment, with contributing parties including Groundbreak Ventures, Ferst Capital Partners, and individual investors well-versed in the real estate and FinTech sectors.
Volt Raises $60M Series B Round Led by Silicon Valley Investor IVP
- 1 year 8 months ago
- Fundraising News
Volt, the company building the global infrastructure for real-time payments, today announces that it has raised a $60 million Series B to fund expansion into new international markets such as APAC and the Americas – and support product development in existing markets across Europe, the UK and Brazil. Following London Tech Week, this investment from IVP, one of Silicon Valley’s leading investors, signals a vote of confidence in the UK’s fintech ... more
Picket Secures $20M Series B Financing
- 1 year 8 months ago
- Fundraising News
Picket, a firm that provides integrated technology and services for residential real estate investing, has completed a Series B funding round worth $20m. The capital was raised in a round led by LL Funds, with participation from RET Ventures, a previous lead investor from Picket’s Series A round in 2022.
Indonesian Fintech Amartha secures $100M in Debt Financing Round
- 1 year 8 months ago
- Fundraising News
The Indonesian FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.
FundMyPitch Raises £5.7M to Fuel SME Growth
- 1 year 8 months ago
- Fundraising News
FundMyPitch (FMP), a leading platform that connects investors with investment-ready companies seeking funds in order to kickstart their ventures, has helped raise nearly £6m in funding for entrepreneurs using its platform in its first year of trading.
African Fintech Yellow Raises $14 Million
- 1 year 8 months ago
- Fundraising News
Yellow, an asset financier for solar energy and digital devices in Africa has raised $14 million series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners.
Bit2Me Closes a €14 Million Investment Led by Investcorp, with Participation from Telefónica Ventures, Stratminds, Cardano, and YGG
- 1 year 8 months ago
- Fundraising News
Bit2Me, the leading Spanish digital asset firm, registered with the Bank of Spain and backed by Inveready, the highest-return fund in the Spanish market with €1 billion in assets under management, has announced the closing of a €14 million investment led by Investcorp, a global leader in alternative investments with over $50 billion in assets under management.
Blackbird.AI Raises $20M in Series B for Narrative Risk Intelligence
- 1 year 8 months ago
- Fundraising News
Blackbird AI, which develops AI-driven narratives for risk management, has raised $20m in a series B funding round. The funding was led by cyber security investor Ten Eleven Ventures, alongside a number of other venture capital firms.
EIF Provides €50 Million to illimity Bank to Promote Italian SMEs' Green and Digital Transition
- 1 year 8 months ago
- Fundraising News
The European Investment Fund (EIF), part of the EIB Group, is providing two guarantees totalling €50 million to illimity Bank to improve access to finance small and medium-sized businesses (SMEs) in Italy. These SMEs primarily focus on sustainability, innovation and digitalisation. The EIF transactions are backed by the InvestEU programme.
