Aleph Raises $16.7M to Build Next-Gen Financial Planning and Analysis Platform
- 1 year 4 months ago
- Fundraising News
Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.
Kota Raises €5M Seed Led by EQT Ventures
- 1 year 4 months ago
- Fundraising News
Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5M Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures. Other notable investors include Job Van Der Voort of Remote.com, Romain Huet formerly of Stripe, now Open AI, David Clarke formerly of Workday and others in the oversubscribed round.
Triple-A Raises $10M Series A from Peak XV and Shorooq Partners to Be the Most Regulated Payment Institution for Digital Currency Worldwide
- 1 year 4 months ago
- Fundraising News
Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA’s leading technology investors.
Reward Secures Additional £50M Lending Facility to Bolster Support for SMEs Across the UK
- 1 year 4 months ago
- Fundraising News
Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured an additional £50m to its credit line from the alternative investment manager, Foresight Group. The opportunity will enhance its lending capabilities, fostering further business growth.
Latin American Fintech Startup Finerio Connect secures $6.5M
- 1 year 4 months ago
- Fundraising News
Finerio Connect, a Mexico City-based fintech startup, raised $6.5 million in new funding to continue development on its open finance platform providing access to personalized financial products and services. Nick Grassi and José Luis López, both co-CEOs, started the company in 2018 with the vision of enabling the compliant sharing and consumption of financial data and data analytics across Latin America.
Financial Transaction Data Startup Prism Data Raises $5 Million in Seed Funding
- 1 year 4 months ago
- Fundraising News
Prism Data, a leading cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This round was led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital. Prism’s new funding follows previously announced strategic investment from Samsung Next.
Statement Raises 12M in Seed Funding
- 1 year 4 months ago
- Fundraising News
Statement, a groundbreaking enterprise cash flow management platform, recently secured $12m as part of its seed funding initiative.
Finzly Closes Series A Funding Round of $10M, led by TZP Growth Equity
- 1 year 4 months ago
- Fundraising News
Finzly, a provider of cutting-edge payments infrastructure for financial institutions, announced today that it has closed a Series A funding round of $10M with TZP Growth Equity. The funding will be used to accelerate Finzly’s expansion as it continues to meet the growing needs of financial institutions for digital transformation.
Crypto Platform Beluga Secures $4M in Seed Round
- 1 year 4 months ago
- Fundraising News
Beluga, a trusted crypto platform that onboards and guides new users through their crypto journey, announced today a $4M seed round from some of the most well-known crypto and FinTech investors. The round was led by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs, 2 Punks Capital, Borderless Capital, Kyber Capital, 186 Ventures, W11 Capital, Rubik Ventures, and more.
Credit Genie Secures $10 Million in Financing to Expand its Innovative Approach to Behavioral Finance and Personalized Budgeting
- 1 year 4 months ago
- Fundraising News
Creditly Corp., dba Credit Genie, a leading digital personal finance platform that has served more than one million Americans, announced today the successful completion of an additional funding round, securing $10 million in capital, bringing its total financing to $21 million. The funding was led by Khosla Ventures, with participation from Tippet Ventures.
iink Raises $12.0MM Series A to Become Leading FinTech Platform in Property Insurance Restoration
- 1 year 4 months ago
- Fundraising News
iink, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $12.0MM in a Series A financing round led by the global venture capital firm
Uncapped Secures £200 Million Debt Financing from Fortress Investment Group to Expand Funding Opportunities for Founders
- 1 year 4 months ago
- Fundraising News
Uncapped, a leading fintech revolutionising funding for digital entrepreneurs and high-growth businesses, is thrilled to announce the successful closure of a £200 million debt facility. Provided by funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), one of the world’s leading investment managers, the financing continues the long-term and fruitful partnership between the two firms.
BankTech Ventures Commits $13.5 Million in Funding to Emerging Fintech Enterprises
- 1 year 4 months ago
- Fundraising News, Investment
BankTech Ventures, a strategic investment fund focused on enhancing community banks, announced today its continued commitment to community banks’ more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of 2023. BankTech has invested over $40 million in companies that have been specifically selected due to their work with community banks.
Basis Raises $3.6M with an AI Platform for Accounting Firms
- 1 year 4 months ago
- Fundraising News
Basis, an AI platform for accounting firms, has emerged from stealth with a $3.6 million seed round led by Better Tomorrow Ventures with participation from BoxGroup, Avid Ventures, several top accounting firms, and leaders from the accounting and machine learning communities.
