Funding into FinTech Startups in India Plunges 67% in H1 2023
- 1 year 4 months ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - India Semi Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the Indian FinTech space.
Funding in FinTech Startups in the US Accounted for 58% of Total Capital Raised Globally
- 1 year 4 months ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - US Semi-Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the US FinTech space.
Salmon Raises $20M of Financing, Setting a Record for Series A Tech Companies in the Philippines
- 1 year 4 months ago
- Fundraising News
Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the... more
Cognaize Raises $18M in Series A to Bolster AI-driven FinTech Solutions
- 1 year 4 months ago
- Fundraising News
New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.
Karat, Credit Cards Startup, Raises $70M
- 1 year 4 months ago
- Fundraising News
Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms.
Kuflink Secures £35 Million Institutional Debt Funding
- 1 year 4 months ago
- Fundraising News
Kuflink Group PLC (and associated entities, collectively “Kuflink”), one of the UK’s most respected bridging & development non-bank lenders, and European Risk Capital LLP (“ERC”) jointly announced today that Kuflink has entered into a £35 million institutional debt facility placed by European Risk Capital with Paragon Bank PLC.
Private Markets FinTech Anduin Scores $15M in Series B
- 1 year 4 months ago
- Fundraising News
Anduin, a trailblazing FinTech company revolutionising transactions in the private markets, takes centre stage. In a game-changing move, Anduin recently secured an impressive $15m in series B funding. The round witnessed participation from investors who firmly believe in the vision Anduin represents, demonstrating a continued commitment to innovation and technological development in the private markets sector.
Webn Group Announces Investment from Laser Digital, Nomura’s Digital Asset Subsidiary
- 1 year 4 months ago
- Fundraising News
Webn, an incubation hub for fintech and Web3 innovators, backed by Alan Howard, today announces an investment from Laser Digital, Nomura’s digital asset subsidiary. As part of its investment, Laser Digital’s CEO, Dr. Jez Mohideen, joins the board of Webn as a non-executive director. Webn incubates businesses that bring digital assets and Web3 products and services to financial institutions.
TP24 Raises £345M in Funding from Barclays and M&G Investments
- 1 year 4 months ago
- Fundraising News
TP24, a fintech provider of flexible revolving business credit, has raised £345m in debt funding from UK parties Barclays Bank Plc (“Barclays”) and M&G Investments. The amount of £240m will be used for lending to SMEs in the UK and the Netherlands. Barclays is providing up to £200m in warehouse financing, while M&G is providing up to £40m in mezzanine funding.
CoinFund Reinforces Commitment to Web3 Technology with the Close of $158M Seed IV Fund
- 1 year 4 months ago
- Fundraising News
CoinFund, a leading cryptonative investment firm and registered investment adviser, today announces the close of $158 million (M) CoinFund Seed IV Fund LP (“Seed IV” or “The Fund”), backed by a combination of sophisticated institutional investors, family offices, and high net worth individuals. CoinFund Seed IV LP exceeded its initial target fundraising goal of $125M.
HSBC Innovation Banking UK Backs MODIFI with $100 Million Facility
- 1 year 4 months ago
- Fundraising News
MODIFI, the global cross-border business payments company, has secured a $100 million debt facility with HSBC Innovation Banking UK to further growth.
Fraud and Identity Platform Bureau Extends Series A Funding to $16.5M with GMO VenturePartners as it Scales Globally
- 1 year 4 months ago
- Fundraising News
As businesses around the world expand and grow, they seek to understand who their customers are and if they can trust them. Helping them on this journey, fraud and identity decisioning platform Bureau is today announcing an additional $4.5m from GMO VenturePartners, GMO Payment Gateway, and existing investors to complete its series A funding round at $16.5m. With the completion of the latest round, total funding for the startup has reached $20.... more
Runway Financial Raises $27.5M in Series A
- 1 year 4 months ago
- Fundraising News
Siqi Chen, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he felt self-conscious about.
Next Generation of Digital Corporate Banking and Treasury: Fennech Financial Accelerates Growth with £2.3 Million in New Investments
- 1 year 4 months ago
- Fundraising News
Fennech Financial, a leading innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding. The round was led by Lloyds Banking Group, who contributed a substantial £2 million, alongside some high-profile individual investors.
Thunes Extends Series C Funding to USD $72M with Support from Visa, EDBI and Endeavor Catalyst
- 1 year 4 months ago
- Fundraising News
Thunes, the global B2B payment infrastructure platform, today announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the ineffic
