Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia
- 6 hours 50 min ago
- Fundraising News
Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia's fintech sector and the vast opportunity in SME financing in the economy. The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo's commitment to domestic economic... more
Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments
- 1 day 30 min ago
- Fundraising News
Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The funding will enable Cedar Money to accelerate its mission of transforming international money flows using cutting-edge payment infrastructure.
Sokin Secures $15M Debt Funding from Funds and Accounts Managed by BlackRock
- 1 day 8 hours ago
- Fundraising News
UK headquartered payments firm Sokin has secured $15m debt funding from funds and accounts managed by BlackRock, enabling the business to continue its rapid growth trajectory. The funding comes just months after Morgan Stanley Expansion Capital acquired a stake in the business with a strategic investment worth $31m.
Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream
- 2 days 1 hour ago
- Fundraising News
Finout, the leading FinOps-for-enterprise platform, today announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment brings Finout's total funding to $85 million. The company's platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times,... more
WiseLayer Secures $7.2 Million to Power AI Workers for Finance & Accounting Teams
- 2 days 6 hours ago
- Fundraising News
WiseLayer, the AI fintech company that makes AI-powered digital workers for finance and accounting teams, today announced $7.2 million in funding. The round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels.
Open Banking Fintech Yavrio Raises $2.4 Million to Bring Embedded Banking and Payments to ERP
- 2 days 8 hours ago
- Fundraising News
Yavrio, a London-based Open Banking fintech, has raised $2.4 million in seed funding to accelerate the fast-growing firm’s mission to transform the enterprise resource planning (ERP) space by eradicating error- and fraud-prone CSV file imports. Fuel Ventures led the round with a $1.9m investment and joins an illustrious group of Yavrio investors which includes Sir Sajid Javid, former Chancellor of the Exchequer, and Garth Ritchie, former... more
Fincart Successfully Closes Pre-Seed Funding Round Led by Plus VC and Leading Regional and Global Investors
- 4 days 8 hours ago
- Fundraising News
Fincart.io, a platform that helps e-commerce SMBs improve shipping and unlock working capital, has announced today that the company has successfully closed its pre-seed funding round for an undisclosed amount. The round was led by Plus VC, the most active VC in the MENA, with participation from leading regional and international investors such as Plug and Play, Orbit Startups, Jedar Capital, and other regional investors.
Tapline Announces €20M Pre-Series A Round
- 1 week 1 hour ago
- Fundraising News
Tapline has successfully raised €20 million in a pre-Series A funding round, comprising both equity and debt. This milestone marks a significant step forward for the company as it scales its operations, enhances its innovative platform, and strengthens its support for SaaS businesses across Europe.
Fundraise Up Secures $70 Million Growth Capital Investment Led by Summit Partners
- 1 week 1 hour ago
- Fundraising News
Fundraise Up, a premier fundraising platform for nonprofits globally, today announced a minority growth investment led by Summit Partners with participation from existing investor Telescope Partners. The new funding reinforces Fundraise Up’s leadership position in the nonprofit technology sector and will support the company’s commitment to expand product offerings, accelerate global market reach, and provide innovative, AI-powered solutions... more
Method Raises $41.5 Million Series B Led by Emergence Capital to Expand Financial Account Connectivity
- 1 week 1 day ago
- Fundraising News
Method Financial, a first-of-its-kind provider of consumer permissioned financial connectivity, raised $41.5 million in its latest Series B funding round led by Emergence Capital with participation from avra and Samsung Next, and existing investors Andreessen Horowitz, Y-Combinator and Ardent Venture Partners. This most recent fundraise brings the total funding to $60 million.
Visa Makes Strategic Investment in Moniepoint to Accelerate Financial Inclusion for African SMEs
- 1 week 1 day ago
- Fundraising News
Moniepoint Inc. (“Moniepoint”), one of Nigeria’s leading business payments and banking services platform, has secured an investment from Visa, a global leader in digital payments. The investment marks an important milestone in Visa’s commitment to advancing financial inclusion and shaping the future of digital payments while fostering SME growth across Africa.
Insurtech Startup Weecover Raises €4.2M Led by Swanlaab and Nauta
- 1 week 1 day ago
- Fundraising News
Weecover, the Spanish market leader in embedded insurance, has just closed a €4.2 million round of financing to undertake its growth and international expansion plans.
Highnote Secures $90 Million Series B, Announces Expansion into U.S. Merchant Acquiring
- 1 week 2 days ago
- Fundraising News
Highnote, a leader in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners.
Aslan Secures $5M to Supercharge Employees’ Pay
- 1 week 2 days ago
- Fundraising News
Aslan, the next-generation financial wellbeing solution, today announces its oversubscribed $5m (£3.9m) seed funding round. The round was led by Notion Capital, a leading European software and cloud venture capital investor, alongside Redstone, and an impressive roster of angels. Stephen Chandler, Notion’s Managing Partner, will join the Board. Aslan exists to make employees’ pay go further, with a highly engaging benefit that they use every... more
QOMODO Welcomes RTP Global and LMDV Capital as New Investors and Raises €13.5M Series A to Revolutionize Payments for Physical Merchants
- 1 week 3 days ago
- Fundraising News
Qomodo, the "all-in-one" smart payment solution for physical merchants, announces it has raised €13.5M in Series A funding. The round was co-led by RTP Global and LMDV Capital, with participation from Proximity Capital, Primo Capital as well as other notable investors including the founders of FACEIT, Fiscozen and Freetrade (the latter through Lumen Ventures). This builds on previously raised capital at the pre-seed level which included... more
