Plum Raises £16M Series B After Rapid Growth and Approaches Profitability
- 4 months 1 week ago
- Fundraising News
Smart money app Plum has raised £13.4m in funding from institutional investors, including a second tranche of investment from strategic partner Eurobank. New anchor investor iGrow Venture Capital has joined the round, alongside previous investors including Venture Friends and Ventura Capital.
Finbee Verslui Raises 35 Million EUR Investment to Focus on Business Financing in Lithuania
- 4 months 1 week ago
- Fundraising News
European investor Pollen Street Capital invests 35 million EUR in alternative lender Finbee Verslui. This investment will enable more than 1,500 businesses to be financed faster and on more favorable terms than before. Lending faster and on better terms
Coast Raises $40 Million Series B to Accelerate Adoption of Modern Fleet Payments
- 4 months 1 week ago
- Fundraising News
New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, as well as new investors Thomvest.
Aven Reaches Unicorn Status with $142 Million Series D Investment
- 4 months 1 week ago
- Fundraising News
Aven, a technology company offering consumer credit cards backed by home equity, today announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership.
PEXX Announces Launch with $4.5 Million Seed Funding to Revolutionize Cross-Border Payments
- 4 months 1 week ago
- Fundraising News
PEXX, an innovative fintech startup specialising in cryptocurrency and blockchain technology, has successfully launched following a $4.5 million seed funding round. This funding will drive the development of PEXX’s stablecoin-to-fiat payment platform, aimed at transforming global currency transfers.
Fintech Dopay Secures $13.5 million Series A Extension Round to Bank the Next Billion Workers
- 4 months 1 week ago
- Fundraising News
Dopay, the rapidly growing fintech providing a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, announces the closing of a strategic $13.5 million Series A extension round. This funding milestone tops up a previous $18 million Series A funding round and marks a significant step in Dopay's mission to transform cash-based economies by digitizing payments and providing financial inclusion for... more
wamo Secures $5 Million in Funding and EMI License to Fuel Growth Across Europe
- 4 months 1 week ago
- Fundraising News
wamo, a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe.
Auxilo Finserve Raising $30 Million from LeapFrog Investments
- 4 months 1 week ago
- Fundraising News
Auxilo Finserve, the leading education-focused NBFC, is raising INR 279 Cr in a fresh round of equity funding to expand its student lending portfolio and enable better infrastructure for quality education. LeapFrog Investments , the profit with purpose investment firm, is investing $30 million in the current round through its investment vehicle Jade Inclusion Ltd. This round will also see participation from existing investors Trifecta Leaders... more
Tapi Successfully Closes Series A Round Led by Kaszek and Andreessen Horowitz
- 4 months 2 weeks ago
- Fundraising News
Tapi is thrilled to announce the successful closing of its Series A funding round, spearheaded by Kaszek and followed by Andreessen Horowitz. This significant milestone underscores strong investor confidence in Tapi and equips the company with essential resources to advance the development of the premier payment network across Latin America. This investment will empower fintechs and banks in the region to deliver increasingly efficient, secure,... more
OCN - The Fintech for Gig Workers Across the Americas - Completes $86 Million Series A Fund Raise
- 4 months 2 weeks ago
- Fundraising News
OCN (formerly “OneCarNow”), the leading Fintech for gig workers across the Americas, announces an $86 million Series A fund raise - comprising equity and debt - in a major endorsement for the Company’s business model and track record. Participating institutions include lead investors for the equity element: Caravela Capital (Brazil); Collide Capital (US); and Great North Ventures (US) with the debt element provided by new investor - i80 Group -... more
JP Morgan Backed DLT Settlement Network Partior Closes $60m Series B
- 4 months 2 weeks ago
- Fundraising News
Today Partior, the DLT-based payment network, announced its first closing of its $60 million Series B funding round led by Peak XV Partners (formerly Sequoia Capital India & SEA) and including Valor Capital Group and Jump Trading Group. The company previously raised $31 million according to Pitchbook.
Instinct Digital Raises £5 Million in Funding to Close the Gap Between Customer Expectations and Current Asset Management Communication Offerings
- 4 months 2 weeks ago
- Fundraising News
Instinct Digital, a leading SaaS solution designed to streamline and automate key aspects of funds and investor reporting, today announced the close of a £5 million Series A funding round, led by AlbionVC.
TBC Bank Uzbekistan Secures Record US$ 38.2 Million Equity Investment from Shareholders to Leverage Growth Momentum
- 4 months 2 weeks ago
- Fundraising News
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank and part of TBC Group Uzbekistan, Central Asia’s leading digital banking ecosystem, announces a record US$ 38.2 million equity investment from its shareholders to leverage its rapid and profitable growth. London-listed TBC Bank Group PLC, the parent company of TBC Bank Uzbekistan, is investing US$ 23 million, while the European Bank for Reconstruction and Development (EBRD) and... more
Trustap Secures $5.5M in Series A Funding to Revolutionize Marketplace Transactions
- 4 months 2 weeks ago
- Fundraising News
Trustap, the secure payment gateway for marketplace transactions, has successfully secured $5.5 million in Series A funding, bringing its total capital raised to over $9 million. This investment round was led by TX Ventures, with participation from SeedX, Partners Resolute, Aperture, and existing shareholders MiddleGame Ventures, ACT VC, Atlantic Bridge, and FurthrVC, as reported by Tech.eu.
