Propel Celebrates 10 Years with New Funding and Innovations to Enhance Safety Net Navigation
- 2 months 4 weeks ago
- Fundraising News
Propel, a leading tech company for low-income Americans, celebrates its 10th anniversary with new initiatives funded by a $3.5 million grant from the Bill & Melinda Gates Foundation. This funding will support Propel's development of AI-powered tools to enhance safety net navigation.
TBC Bank Uzbekistan Secures $25 million from Swiss Impact Investor BlueOrchard
- 2 months 4 weeks ago
- Fundraising News
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard).
Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital Inc.
- 2 months 4 weeks ago
- Fundraising News
Parafin, a leading innovator in embedded finance, announced today that it closed a $93M debt facility with Jefferies and Trinity Capital Inc. Their investment has the potential to increase to $187M. The substantial funding from Jefferies and Trinity, both known for their strategic investments in pioneering technologies, will support Parafin’s ability to offer capital to small businesses. Earlier this year, Parafin secured $125 million from... more
Linker Finance Secures $3.7M Seed Round from Industry Leading Investors
- 3 months 22 hours ago
- Fundraising News
Linker Finance, a platform that empowers community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform, has successfully raised $3.7m in seed financing. The round is led by Ten One Ten Ventures and Chingona Ventures.
Shift Closes $AUD35M Series D Equity Raise
- 3 months 22 hours ago
- Fundraising News
Shift, a leading provider of credit and payment products to Australian businesses, announced today that it has closed an $AUD35 million Series D funding round, led by Peak XV Partners (formerly Sequoia Capital, SEA).
Axio Secures $20 Million Investment from Amazon SMBhav Venture Fund
- 3 months 22 hours ago
- Fundraising News
Axio is pleased to announce that it has raised $20 million from the Amazon Smbhav Venture Fund. This significant investment marks a major milestone in Axio's mission to enhance credit accessibility for small and medium-sized enterprises (SMEs) in India.
Trunk Tools Raises $20M Series A Led by Redpoint Ventures
- 3 months 1 day ago
- Fundraising News
Trunk Tools, a groundbreaking AI platform disrupting the $13 trillion construction industry, announces a $20 million Series A. The new capital was led by Redpoint Ventures with participation from Innovation Endeavors, who led the Seed round, bringing the total capital raised to-date to $30M.
DMI Finance Announces a USD 334 Million Equity Investment by Mitsubishi UFJ Financial Group, Inc.
- 3 months 5 days ago
- Fundraising News
DMI Finance Private Limited (“DMI Finance”), the NBFC arm of the DMI Group (“DMI Group”), today announced an INR 2798 crore (approximately USD 334 million) equity investment by Mitsubishi UFJ Financial Group, Inc. (“MUFG”) through its consolidated subsidiary MUFG Bank, Ltd (“MUFG Bank”). This brings the total investment by MUFG in DMI Finance to INR 4712 crores (approximately USD 565 million).
Siepe Raises $30 Million to Transform Data Management in Private Credit and CLO Markets
- 3 months 5 days ago
- Fundraising News
Siepe LLC, a trusted provider of software and technology-enabled services for private credit and CLO managers, has raised $30 million in a Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). The investment will drive a multi-product roadmap, including the expansion of its AI and Machine Learning capabilities, and strengthen strategic partnerships.
Thera Raises $4 Million in Seed Funding
- 3 months 6 days ago
- Fundraising News
Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform and expanding its team in New York City.
Arch Lending Raises $75M to Build the New Standard of Crypto Lending
- 3 months 6 days ago
- Fundraising News
Arch Lending, the most trusted crypto-backed loan provider, today announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and more.
Workpay Raises $5M Series A Investment to Expand HR and Payroll Platform Across Africa
- 3 months 6 days ago
- Fundraising News
Workpay, the cloud-based HR, payroll and benefits platform for organisations with employees across Africa, today announces that it has raised $5m in a Series A funding round led by Norrsken22. The round also includes participation from Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Ventures and Acadian Ventures, a venture firm which specialises in investment into the next generation of work technologies.
Resal Raises a $9M Funding Round
- 3 months 1 week ago
- Fundraising News
Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round with participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices and angels investors.
Waza Secures $8M in Seed Funding to Revolutionize Business Payments in Nigeria and Emerging Markets
- 3 months 1 week ago
- Fundraising News
Waza is excited to announce that it has raised $8 million in Seed Funding to advance its mission of simplifying business payments in Nigeria and other emerging markets.
WSPN Secures $30 Million in Seed Funding to Redefine the Future of Digital Payments With Stablecoin 2.0
- 3 months 1 week ago
- Fundraising News
WSPN (Worldwide Stablecoin Payment Network), a leading provider of next-generation stablecoin infrastructure, has raised US$30 million in Seed funding round. This round was led by Foresight Venture and Folius Ventures, with participation from prominent investors including Hash Global, Generative Ventures, Yunqi Partners, RedPoint China, and a consortium of top-tier investment companies, exchanges and foundations.
