Parafin Raises $100M Series C To Redefine Small Business Financial Services
- 2 months 2 weeks ago
- Fundraising News
Parafin, which builds embedded finance infrastructure, has announced the close of its $100 million Series C financing at a $750 million valuation. The financing was led by Notable Capital, with significant participation from Redpoint Ventures. Existing investors Ribbit Capital, Thrive Capital, and GIC also participated in the round.
Databricks Is Raising $10B Series J Investment At $62B Valuation
- 2 months 2 weeks ago
- Fundraising News
Databricks, the Data and AI company, today announced its Series J funding. The company is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Thrive Capital. Along with Thrive, the round is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners and WCM Investment Management.
BVNK Secures $50M Series B To Accelerate Stablecoin Payments In The US, Backed By Haun Ventures And Coinbase Ventures
- 2 months 2 weeks ago
- Fundraising News
BVNK, the global leader in stablecoin payments infrastructure, today announced the successful closing of its $50 million Series B funding round, led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC and existing investors Avenir and Tiger Global. Diogo Mónica (General Partner) is leading the deal on behalf of Haun Ventures.
Volume Raises $6 Million To Drive Payment Fees To Zero, Challenge Dominance Of PayPal, Apple Pay, And Stripe
- 2 months 2 weeks ago
- Fundraising News
Volume, the payments fintech startup transforming online payments with account-to-account (A2A) technology, has raised $6 million in a round led by United Ventures, with participation from Fabrick, the open finance platform part of the Sella Group, and existing investors Firstminute Capital, SeedX and Haatch, who doubled down on their support.
Chargezoom Announces $11.5M Series A Led By Kickstart Fund
- 2 months 2 weeks ago
- Fundraising News
Chargezoom, a leading platform for AI-powered billing and integrated payments, announced today it has raised $11.5 million in Series A funding, led by Salt Lake City's Kickstart Fund. This funding marks Chargezoom's official arrival on the Utah tech scene, setting the stage for the company to scale rapidly and efficiently with the support of Silicon Slopes' top early-stage venture fund.
Nubank Announces Investment In Tyme Group, A Digital Bank With Operations In South Africa And The Philippines
- 2 months 2 weeks ago
- Fundraising News
Nubank, one of the world's largest digital financial services platforms, announces today an investment of US$150 million in Tyme Group as the lead of their series D funding round. The total investment round amounted to US$250 million, with M&G Catalyst Fund subscribing for US$50 million and existing shareholders with further US$50 million. Tyme Group is one of the fastest-growing digital banks globally, with 15 million customers and... more
FinCrime Dynamics Secures Seed Funding To Revolutionise Financial Crime Prevention With AI And Synthetic Data
- 2 months 2 weeks ago
- Fundraising News
FinCrime Dynamics Secures Seed Funding to Revolutionise Financial Crime Prevention with AI and Synthetic Data
Zest AI Announces $200 Million Growth Investment from Insight Partners
- 2 months 3 weeks ago
- Fundraising News
Zest AI, a leader in AI lending technology, announced a $200 million growth investment from global software investor Insight Partners to support the company's next phase of transformation. The growth capital will enable Zest AI to double down on its current product portfolio, continuing to advance fraud protection and generative AI – all to build the future of lending through AI.
Jiko Secures $29 Million in Series C Funding, Strengthens Its Board and Advisory Committee
- 2 months 3 weeks ago
- Fundraising News
Jiko, the technology platform and bank that provides seamless access to U.S. Treasury bills, announced today the completion of a $29 million Series C funding round led by existing investors Upfront Ventures, with the participation from Airbus Ventures, Red River West, Radicle Impact and other undisclosed investors.
Investment API Upvest Raises €100M Series C to Empower 100M People to Invest
- 2 months 3 weeks ago
- Fundraising News
Upvest, Europe’s leading investment infrastructure provider, has raised a €100 million Series C funding round. This landmark fundraise has been led by Hedosophia, and joined by Sapphire Ventures. The round also saw continued support from existing investors including Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital.
Mynt Closes €22 Million Series B to Scale Its Corporate Spend Management Solution
- 2 months 3 weeks ago
- Fundraising News
Mynt, a leading provider of corporate credit cards and spend management solutions, today announced a €22 million funding round at a significantly increased valuation of approximately €175 million, led by Vor Capital, with participation from existing investors CNI, Incore and others. The Series B round brings Mynt’s total funding to over €50 million.
Ayan Capital Raises £2.8 Million Equity to Expand Islamic Fintech Solutions in the UK
- 2 months 3 weeks ago
- Fundraising News
Ayan Capital, a London-based Islamic fintech, has secured £2.8 million ($3.6 million) in equity funding to expand halal car finance and other Islamic finance products in the UK. The round has been led by Cur8 Capital, a UK-based platform that offers ethical investment opportunities. In early 2024, Ayan started providing Islamic car finance for private hire drivers (such as those on Uber, Bolt and Wheely) to purchase EVs and low-carbon-emission... more
KAST Secures US$10 Million Seed Round Led by HSG (HongShan Capital Group) and Peak XV Partners
- 2 months 3 weeks ago
- Fundraising News
KAST, a financial-technology platform built on stablecoins to deliver a neobank-style experience, has raised US$10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round.
Digital Bank Zopa Raises €80 Million to Accelerate Growth Ahead of 2025 Current Account Launch
- 2 months 4 weeks ago
- Fundraising News
Digital bank Zopa has raised just over €80 million (GBP £68 million) in an equity funding round led by A.P. Moller Holding, with significant participation from existing investors. A.P. Moller Holding is one of the largest direct investors in Denmark with $32 billion of Net Asset Value. Its objective is to build and develop businesses by driving long-term value and growth through engaged and valued ownership.
Sandbox Wealth Closes $1.25M of Pre-Seed Funding
- 3 months 16 hours ago
- Fundraising News
Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, announced today the successful pre-seed fundraise of $
