Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
- 1 month 2 weeks ago
- Fundraising News
Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major financial institutions, including Goldman Sachs, Citi and Apollo funds. This transaction fully refinances and upsizes a prior USD 500 million asset-backed facility arranged by Goldman Sachs.
HALA Raises $157M in One of the Middle East’s Largest Fintech Series B Rounds, Led by TPG and Sanabil Investments
- 1 month 2 weeks ago
- Fundraising News
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round — officially one of the largest fintech Series B funding rounds in the Middle East.
Tot Secures €7 Million to Boost SMEs’ Growth
- 1 month 2 weeks ago
- Fundraising News
Tot, the Italian fintech company dedicated to simplifying business banking for SMEs, has closed a €7 million Pre-Series A funding round, bringing total capital raised to €11 million across Seed and Pre-Series A phases. This investment reinforces Tot’s mission to free entrepreneurs from the burden of banking and administrative red tape, supporting the growth and competitiveness of Italy’s productive ecosystem.
TENEX Raises $27M Series A to Lead the AI-Native Security Operations Era
- 1 month 2 weeks ago
- Fundraising News
TENEX.AI, the AI-native cybersecurity company transforming security operations, today announced its $27 million Series A funding round led by Crosspoint Capital Partners, with full participation from existing investors Andreessen Horowitz (a16z) and Shield Capital. This milestone underscores explosive demand for AI-native MDR and positions TENEX as an emerging category leader.
Aven Raises $110M Series E at a $2.2B Valuation to Build America's First "Machine Banking" Platform for Homeowners
- 1 month 2 weeks ago
- Fundraising News
Aven, the pioneer in home equity-backed credit cards, today announced a $110 million Series E financing at a $2.2 billion post-money valuation — more than double its valuation from a year ago. The round was led by Khosla Ventures, with participation from existing investors General Catalyst, Caffeinated Capital, GIC, Electric Capital, and Founders Fund.
Marloo Secures $2.7M to Build the World’s Most Loved AI Assistant for Financial Advisers
- 1 month 2 weeks ago
- Fundraising News
Marloo, the AI-first platform reimagining financial advice, has announced a $2.7 million funding round to accelerate its mission of giving financial advisers the technology they truly deserve. Built to replace clunky, outdated systems, Marloo’s assistant is designed to be beautiful, intuitive, and AI-first—freeing advisers from paperwork so they can spend more time where it matters: with their clients.
Red Access Secures $17M to Power a Lightweight SSE Alternative Without Agents or Network Overhaul
- 1 month 2 weeks ago
- Fundraising News
Red Access, the agentless platform built to simplify security across all browsers, SaaS and corporate apps, today announced that it has secured a $17 million Series A funding round led by Norwest Venture Partners, with participation from Ten Eleven Ventures, SentinelOne’s S Ventures, Elron Ventures and Singtel Innov8 Ventures.
TAB Secures £500 Million Facility From AB CarVal to Power TAB Mortgage and TAB Bridge
- 1 month 3 weeks ago
- Fundraising News
TAB today has secured a landmark £500 million funding facility from funds managed by global investment manager AB CarVal marking a pivotal evolution in its growth trajectory. This strategic infusion of institutional capital transforms TAB from a bridging specialist into a mainstream lender with both scale and ambition and ready to redefine the mortgage and bridging landscapes.
Rainforest Raises $29M Series B to Scale Seamless Embedded Payments for Vertical SaaS Platforms
- 1 month 3 weeks ago
- Fundraising News
Rainforest, an embedded payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures. All investors participated in Rainforest’s Series A last year.
Factris Secures €100M Funding Facility From Brand New Day Bank to Empower SMEs With Factoring Solutions
- 1 month 3 weeks ago
- Fundraising News
Factris, a leading European fintech specializing in financing solutions for small and medium-sized enterprises (SMEs) using invoices as collateral, is proud to announce the launch of a new funding partnership with Brand New Day Bank.
Naq Raises €6M (£5.1M) to Secure the NHS’s Digital Transformation
- 1 month 3 weeks ago
- Fundraising News
UK and Netherlands-based cybersecurity and compliance company Naq has successfully closed a €6 million Series A funding round to accelerate its mission to help health technology companies meet essential NHS standards amid rising cyber threats and regulatory delays.
Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
- 1 month 3 weeks ago
- Fundraising News
Accion today announces the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally. Accion Venture Lab Fund II, LP builds on a decade-long investment strategy focused on delivering social and financial objectives through early-stage venture capital investments.
Spinwheel Secures Strategic Investment From Citi Ventures to Accelerate the Future of the Consumer Credit Ecosystem
- 1 month 3 weeks ago
- Fundraising News
Spinwheel, the agentic AI-powered credit data and payments platform, today announced a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise Spinwheel on product use cases that matter most to the largest financial institutions.
Lead Bank Closes Series B Fundraising Round
- 1 month 3 weeks ago
- Fundraising News
Lead Bank, the industry-leading bank serving the world’s top fintechs and digital asset companies, today announced the close of its $70 million Series B fundraising round. The round included new investors, ICONIQ and Greycroft, as well as existing investors Ribbit Capital, Coatue, Khosla Ventures, Andreesen Horowitz, and Zeev Ventures. Lead’s post-money valuation is now $1.47 billion.
Elysian Raises $6M Seed Round to Redefine Insurance Claims Services With AI-Native Platform
- 1 month 3 weeks ago
- Fundraising News
Elysian, the AI-native third-party administrator (TPA) for commercial insurance, today announced the closing of a $6 million seed round led by Portage, with participation from American Family Ventures and TenOneTen Ventures. The funding will accelerate Elysian’s go-to-market efforts, support customer onboarding, and scale the company’s delivery operations and technology platform.
