Lending Verification Fintech Truework Raises $50 Million
- 2 years 3 months ago
- Fundraising News
Truework, a fintech company that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding.
Founderpath Secures $145M in Debt and Equity to Help B2B SaaS Startup Founders Avoid Dilution
- 2 years 3 months ago
- Fundraising News
Founderpath, the platform 6,500 bootstrapped B2B SaaS founders use to get capital, announced $145m in debt and equity funding to continue helping more B2B SaaS founders hit $10m in revenue without selling equity. Founderpath chose to bypass traditional VC’s and instead raised from a collection of top SaaS founders. These founders include:
Mexican Startup Clara Receives $150 million in Debt Financing from Goldman Sachs
- 2 years 3 months ago
- Fundraising News
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million.
Equalum Secures $14M in Series C Funding to Expand Delivery of Continuous Data Integration
- 2 years 3 months ago
- Fundraising News
Equalum, a best-in-class provider of data integration and ingestion solutions, today announced a $14M Series C financing round. The investors include Planven, United Ventures, Innovation Endeavours, Saints Capital and the company’s newest partner, SpringTide Ventures. Total fundraising now stands at $39M as the company leads the industry in helping organizations connect to, transform, manipulate, and synchronize disparate data from multiple... more
Geopagos Receives US $35 Million in a Round led by Riverwood Capital
- 2 years 3 months ago
- Fundraising News
Geopagos, the payment acceptance infrastructure with the most comprehensive omnichannel offering in Latin America, has announced that it has received a $35 million equity round led by Riverwood Capital, a global investor in high-growth technology companies, with participation in Endeavor Catalyst. The round represents the company’s first institutional financing and will facilitate the acceleration of its expansion plan in Latin America while... more
Penfold Closes £7M Series A Funding Round to Accelerate Growth
- 2 years 3 months ago
- Fundraising News
Penfold, the digital pensions platform, today announces the close of its £7m Series A funding round. This follows the significant expansion of the business and the launch of its workplace pension platform in late 2021.
08/08 – Weekly Investment & Fundraising News
- 2 years 3 months ago
- Fundraising News
Digital Investment Platform Stackwell Closes $3.5M Round
Digital Investment Platform Stackwell Closes $3.5M Round
- 2 years 3 months ago
- Fundraising News
Stackwell, the digital investment platform created to eliminate the racial wealth gap, announced the successful closing of a $3.5 million seed funding round that will accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support the hiring of key personnel. The funding round was led by Michael Gordon, President of Fenway Sports Group, Jeremy Sclar, CEO and Chairman of... more
Mubadala-backed Tabby Raises $150m in Debt Financing Round
- 2 years 3 months ago
- Fundraising News
Dubai-based buy-now-pay-later Tabby received $150 million in debt financing from two US companies, one of the largest GCC FinTech start-up credit lines. The financing from New York-based Atalaya Capital Management and existing investor Partners for Growth (PFG) “fortifies Tabby's balance sheet and supports its continuous growth in transaction volumes and product expansion,” the business said on Wednesday. Hosam Arab, CEO and co-founder of Tabby:
Compliance.AI Announces New CEO, Asif Alam, as it Secured $6M with Cota Capital and JAM FINTOP
- 2 years 3 months ago
- Fundraising News
US RegTech software firm Compliance.ai has raised $6 million in funding and appointed a new CEO to replace co-founder Kayvan Alikhani. The new funding comes from existing investor Cota Capital and new investment partner Jam Fintop.
Earned Wage Access Provider ZayZoon Raises $25.5M to Bring Financial Flexibility and Empowerment to All Employees as a Standard Benefit
- 2 years 3 months ago
- Fundraising News
ZayZoon, a provider of voluntary benefits that allows employees across the United States to instantly access their earned wages on-demand, is pleased to announce a series of financings that total $25.5 million in aggregate, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial.
Savana Raises $45M in Series A Funding
- 2 years 3 months ago
- Fundraising News
Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian. Fintech giant Fiserv, which has a reseller agreement with Savana, joined the round.
Growth Intelligence Secures £1.5M of Venture Debt Funding from Shard Credit Partners
- 2 years 3 months ago
- Fundraising News
Growth Intelligence has secured £1.5m of funding from Shard Credit Partners through its UK technology-focused venture debt fund. This marks the third investment made by Shard Credit Partners’ new fund and the first since its successful first close which was announced in June 2022.
Digital Bank Grasshopper Raises $30.4M
- 2 years 3 months ago
- Fundraising News
Grasshopper, a US digital bank serving SMEs and entrepreneurs, has raised $30.4 million. Patriot Financial Partners, Endeavour Capital Advisors, FJ Capital Management, Carpenter & Company, and GCP Capital Partners joined the round, which brings Grasshopper's total funding to $160 million.
Blockchain Developer Aptos Labs Raised Millions of Dollars
- 2 years 3 months ago
- Fundraising News
Companies are trying to expand their operations. However, it is impossible to achieve ambitious goals without money. Hopefully, Layer-1 blockchain developer Aptos Labs was able to find investors. It has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups.
