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.
01/08 – Weekly Investment & Fundraising News
- 2 years 3 months ago
- Fundraising News
Dbank Raises Largest Seed Round in Pakistan at $17.6M
Dbank Raises Largest Seed Round in Pakistan at $17.6M
- 2 years 4 months ago
- Fundraising News
Dbank, a Pakistani fintech founded by two former Google staffers, has raised $17.6 million in a seed funding round co-led by Sequoia Southeast Asia and Kleiner Perkins. Brazilian digital banking giant Nubank, RTP Global, Rayn and local partner Askari Bank joined the round.
Balance Raises $56M Series B to Bring Global Trade Online With B2B eCommerce Checkout
- 2 years 4 months ago
- Fundraising News
Balance, the leader in B2B marketplace and eCommerce payments, today announced a $56 million Series B fundraise, bringing the company’s total funding to $87M. The round was led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures.
Digital Asset Fintech Atato Closes $6M Series A
- 2 years 4 months ago
- Fundraising News
Atato, a digital asset company, has raised $6m from a Series A funding round headed by AlphaLab Capital and FEBE Ventures. Also taking part in the round were Babel Finance, NFT1, Wing Vasiksiri, January Capital, NGC Metaverse Ventures, Huashan Capital, Tom Trowbridge and SOSV. Angel investors such as Dan Bertoli also took part.
Fintech Revolv3 Secures $4.5M for Recurring Billing Platform
- 2 years 4 months ago
- Fundraising News
Revolv3 announces that Rosecliff Ventures and an angel investor have invested $4.5 Million USD in seed money in the recurring billing solutions company.
Paycheck Advance Startup B9 Raises $2.6M
- 2 years 4 months ago
- Fundraising News
B9 Inc, a fast-growing payroll solution platform, aimed at promoting creditworthiness through employment data and economic behaviour, has announced a $2.6M funding round led by Sky Light Invest with participation from prominent FinTech investors Mbanq and the founders of Wrike, a project management application. Previously, in 2021, B9 raised $5 million in seed capital from angel syndicates and angel investors.
Reltime Secures USD 50 Million Commitment from GEM Digital Limited
- 2 years 4 months ago
- Fundraising News
Reltime AS is pleased to announce a strategic investment partnership with GEM Digital Limited, a digital asset investment firm based in The Bahamas.
Bank of America, BNY Mellon and Citi Make $20 Million Strategic Investment in Genesis Global
- 2 years 4 months ago
- Fundraising News
Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced $20 million in new investments from Bank of America, BNY Mellon and Citi. These strategic investments follow the firm’s $200 million Series C funding announced in February.
Shares Raises $40 Million for its Social Investment App
- 2 years 4 months ago
- Fundraising News
London-based social and community-based investing app Shares is eying European expansion and a move into crypto after raising $40 million in a Series B funding round led by Valar Ventures. The round, which brings Shares' total funding to $90 million in a little over a year, comes two months after the app launched in the UK.
