Scaleup Sonovate exceeds £2bn funding milestone as contract working trend continues to accelerate
- 3 years 1 month ago
- Fundraising News, RegTech
30,000 people in over 40 countries now paid by businesses receiving Sonovate’s embedded finance Sonovate funds second billion pounds to British and overseas companies in just two years - four times faster than the time taken to fund its first billion pounds Established lender poised to benefit from growing international demand for “Lending as a Service” and adaptation by global business community to more flexible, contract working
Money Transfer Fintech TransferGo Closes $50m Series C
- 3 years 1 month ago
- Fundraising News, Payments
TransferGo, one of the world’s fastest growing money transfer companies, has today announced that it has secured $50m in a Series C funding round. This latest fundraise, led by Elbrus Capital Fund III and Black River Ventures, follows consistent 80% year-on-year growth for the fintech company since its launch, and brings the total raised to-date for TransferGo to $77m.
ADDX Tokenises Global Private Equity Fund To Broaden Investor Access
- 3 years 2 months ago
- Fundraising News
The fund is the first by a major private equity firm to be tokenised, in a move that helps individuals achieve better portfolio diversification
Mofo Survey: Tech M&A Dealmakers Remain Bullish; Turn to Tech to Remain Competitive And Leverage Changing, Pandemic-driven Opportunities
- 3 years 2 months ago
- Fundraising News, Investment, Banking
Three-quarters of top dealmakers who took part in the survey anticipate tech M&A deal volumes will increase through mid-2022; drivers for the M&A pipeline include scaling up by tech companies to increase competitiveness, adapting to technological advances, and meeting lasting pandemic-induced preferences for convenience and safety.
MarketFinance in Pole Position as it Raises £280M and is Approved for Recovery Loan Scheme Lending
- 3 years 2 months ago
- Fundraising News, Lending
Fundraise: £280 million debt and equity raise at MarketFinance signals positive endorsement by investors for businesses as UK growth forecasts are revised up COVID support: MarketFinance accredited by British Business Bank as a lender under Recovery Loan Scheme (RLS) New product: MarketFinance launches Flex Loans, an unsecured flexible facility to help SMEs solve their day to day cash flow problems
Form3 Announces a $160 Million Series C Funding Round Led by Goldman Sachs Asset Management
- 3 years 2 months ago
- Fundraising News, Asset Management, Payments
Form3, the leading platform payment technology provider, has today announced its Series C investment funding of $160 million. The fundraising was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) and included participation from existing investors. This brings the company’s total fundraising to $220million. Form3 welcomes new shareholder Goldman Sachs alongside existing investors Lloyds Banking Group,... more
QED Investors Closes $1.05 Billion Fund VII
- 3 years 2 months ago
- Fundraising News, Investment
Oversubscribed Fund VII will Invest in Early and Growth-Stage Fintech Businesses QED Investors, a leading global fintech venture capital firm, announced that it closed a significantly oversubscribed seventh fund (“Fund VII”), with capital commitments of $1.05 billion.
ekko is Open for Funding on Seedrs – Public Crowdfunding Now Open
- 3 years 2 months ago
- Fundraising News
Crowdfunding campaign for ekko’s debit card and app turning the tide on climate change ekko’s crowdfunding campaign for its climate-friendly debit card and app is now open. Fuelled by its successful pre-registration campaign, ekko’s funding round on Seedrs will close in up to four weeks’ time.
Buy Now Pay Later provider DivideBuy Secures £300m Investment to Accelerate Growth
- 3 years 2 months ago
- Fundraising News, Investment, Payments
DivideBuy is on track to hit c£175 million in Gross Merchandise Value (GMV) by the end of 2021 More than 500 retailers, including Cloud Nine and Simba Sleep, use DivideBuy’s technology Interest free credit provider will use funding to work with retailer partners to increase conversion rates at a time of immense opportunity for ecommerce
ADDX Tokenises XM Studios Investment, After Heliconia Backs The Luxury Collectibles Maker
- 3 years 2 months ago
- Fundraising News, Investment
Deal anchored by Heliconia Capital provides exposure to fast-growing company XM Studios, that holds intellectual property licenses from global brands such as Marvel and DC Comics
Canoe Intelligence Completes Series a Extension Funding Led by Its Clients, Blackstone and Carlyle
- 3 years 2 months ago
- Fundraising News, Investment, Asset Management, Wealth Management, Alternative Finance, Data Management
Fintech to use funding to accelerate development of its award-winning alternative investment document and data processing solution
Eventus Closes on $30 Million Series B Funding Round
- 3 years 2 months ago
- Fundraising News, Trading Systems
Proceeds to fuel further global growth and new capabilities
EFA Selects NeoXam for Regulatory Reporting
- 3 years 2 months ago
- Fundraising News, Data
EFA, a leading provider of administrative services to the fund industry in Luxembourg, has selected NeoXam’s Impress Regulatory Edition (hosted with NeoXam as a Service) to help meet its regulatory goals. A calculation engine and advanced visualization interface were key factors behind EFA’s decision to select NeoXam.
ActionCOACH Boosts Fundraising Efforts for Children's Cancer Charity
- 3 years 2 months ago
- Fundraising News
The world’s number one business coaching franchise ActionCOACH has partnered with Children with Cancer UK to help raise money for the charity. Throughout September, which is Childhood Cancer Awareness Month, Action Coaches across the UK are raising funds by delivering seminars for business owners – and 100% of the ticket price is being donated to the charity.
ADDX Expands China Footprint With US$200-million Agreement Linked To China’s Offshore Investment Scheme
- 3 years 2 months ago
- Fundraising News
Official quota under QDLP programme allows institutions and high-net-worth individuals in China to invest in both public and private market products abroad Digital securities exchange ADDX – formerly known as iSTOX – expects to enlarge its business in China significantly, after concluding a US$200-million agreement tied to a government-granted quota for Chinese offshore investments.