Funding Societies Secures $27M in Debt Funding
- 1 year 2 months ago
- Fundraising News
Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced it has successfully raised debt of US$27 million led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and sustainability-focused fund Orange Bloom who also invested in this debt funding
Travelex Completes £90M Refinancing Deal to Fuel the Next Stage of Growth
- 1 year 2 months ago
- Fundraising News
Travelex, a market-leading global travel money services business, has completed a £90m refinancing deal that will underpin the next stage of its growth journey. The £90m facility has been provided on a five-year term. It will be used to repay the existing £50m term loan facility, redeem £12m of the New Money Notes and stapled equity, and provide funds for investment in the business.
Financial Wellbeing Startup Mintago Closes $4.75M Funding Round
- 1 year 2 months ago
- Fundraising News
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Mintago, a Financial Conduct Authority (FCA)-regulated company, offers the UK’s most complete and inclusive financial wellbeing solution.
Dawn Capital Raises $700M to Invest in the Next Generation of European B2B Software Winners
- 1 year 2 months ago
- Fundraising News
Dawn Capital, Europe's leading specialist B2B software investor, today announces it has raised $700m to invest in the next generation of global software leaders. The fundraise includes the $620m flagship fund Dawn V, the largest dedicated early-stage B2B software fund ever raised in Europe. Dawn V will back European software innovators at Series A and B stage with initial investments of $10m to $40m, and provide capital for follow-on rounds.
LeapFrog Investment Extends bolttech’s Series B to Record-breaking US$246M
- 1 year 2 months ago
- Fundraising News
International insurtech bolttech welcomed leading impact investment firm LeapFrog Investments as a new strategic investor in an extension of its Series B round. LeapFrog’s US$50 million investment adds to bolttech’s recent Series B funding round, now totalling US$246 million, the largest ever Series B round for an insurtech.
Fleximize Receives £136 Million Financing for SME Lending Solutions
- 1 year 2 months ago
- Fundraising News
Multi-award-winning business lender Fleximize has secured £136 million in securitised funding from existing investor Goldman Sachs Asset Management and new lender Citi. Despite challenging market conditions, leading to other alternative lenders to withdraw from SME lending, Fleximize has emerged as a prominent player in the industry — recently named Best Business Loan Provider at the Business Moneyfacts Awards.
Curve Secures Additional £58 Million, Bringing its Series C Funding Round to Over £133 Million
- 1 year 2 months ago
- Fundraising News
Curve, the financial super app that connects all your existing credit and debit cards to one single card and app, today announced that it has raised an additional £58 million extension of its Series C round, bringing its Series C funding total to over £133 million.
Moss Valued at Over €500 Million after Series B: Berlin FinTech on its Way to Achieving Unicorn Status
- 1 year 2 months ago
- Fundraising News
A new EUR 50mn debt facility from HSBC Innovation Banking UK will speed-up Moss’ European expansion, enabling the company to offer an increasingly attractive spend management and next-generation corporate credit card solution to small and medium-sized businesses (SMBs). This step also broadens
ZayZoon Raises $34.5M in Series B
- 1 year 2 months ago
- Fundraising News
ZayZoon, a fintech firm that got its start charging employees $5 to get paid sooner, has raised $34.5 million in a Series B round co-led by Framework and EDC with participation from ATB Financial. CEO Darcy Tuer says that the funds, which bring ZayZoon’s total raised to $53 million, will be put toward “doubling down” on ZayZoon’s growth and accelerating the development of new features on its product roadmap.
American Fintech Flex Raises $20M in Equity and $100M in Debt Funding as Part of Series A
- 1 year 2 months ago
- Fundraising News
US-based B2B fintech start-up Flex, formerly known as Flexbase, has secured up to $100 million in debt funding and $20 million in equity funding as part of its Series A round. The debt funding came from Community Investment Management (CIM), while the equity capital was led by Florida Funders with participation from Home Depot Ventures, MS&AD Ventures, Companyon Ventures and others.
Digital SME Business Account Provider wamo Raises $1.5M in Seed Extension
- 1 year 2 months ago
- Fundraising News
wamo, the digital business account provider for SMEs, headquartered in London and Malta, has raised $1.5M from investors in a seed extension round led by Finberg and RePie Asset Management among others. The investment follows its seed round in November where wamo raised $1.5M, taking its total funding to $6.8M.
DKK Partners Closes Pre-seed Funding Raising £3M
- 1 year 2 months ago
- Fundraising News
DKK Partners, a leading Frontier Markets FinTech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity has announced the successful closing of their pre-seed funding raise, totalling £3 million, prior to Series B set to take place at the beginning of 2024.
Lloyds Banking Group Invests €3 Million in Enigio to Accelerate Use of Digital Documentation in Trade
- 1 year 2 months ago
- Fundraising News
Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade.
HyperJar Announces Series A Raise of USD $24M
- 1 year 2 months ago
- Fundraising News
HyperJar, the London-based Fintech, today announced a USD$24M Series A raise which is led by Susquehanna Private Equity Investments, LLLP, and includes the Healthcare of Ontario Pension Plan “(HOOPP)”. HyperJar has identified ‘spending money’ as the world’s most important asset class and an unserved global market opportunity.
Fipto Raises €15 Million to Transform the International Payments Market Using Blockchain Technology
- 1 year 2 months ago
- Fundraising News
French Treasury Management fintech Fipto has raised €15 million in seed funding that it will use to accelerate its platform that enables companies to manage their corporate treasury and make international payments in fiat and digital currencies using blockchain technology.
