Midas Secures $80 Million Series B, Marking Turkey's Largest-Ever Fintech Investment
- 1 month 2 weeks ago
- Fundraising News
Midas, Turkey's leading investment platform, has raised $80 million in its Series B funding round, the largest investment ever secured by a Turkish fintech company. This brings Midas' total funding to date to more than $140 million.
AI-Native Loan Origination Platform Casca Raises $29 Million to Replace Legacy Lending
- 1 month 2 weeks ago
- Fundraising News
Casca, the first AI-native loan origination platform, today announced it raised $29 million in its Series A, bringing its total in funding to-date to $33 million.
Achieve, Barclays Capital Close $226 Million HELOC Securitization
- 1 month 2 weeks ago
- Fundraising News
Achieve, the leader in digital personal finance, announces the Aug. 14 close of a $266 million, AAA-rated securitization backed by newly originated home equity lines of credit (HELOCs).
Infinity Loop Raises $5M; Empowers Enterprises to Save Millions on Vendor Contracts
- 1 month 2 weeks ago
- Fundraising News
Infinity Loop, the AI-native contract intelligence platform built to help enterprises save money on vendor contracts, today announced it has raised a $5M Seed Round, led by Glasswing Ventures and TIAA Ventures, with participation from Plug and Play, Restive Ventures, and angel investors.
IVIX Raises $60 Million Series B to Fight Financial Crime with AI
- 1 month 2 weeks ago
- Fundraising News
IVIX, the first AI-powered platform designed to help governments around the world combat financial crime at scale using LLMs, advanced graph analytics and publicly available data, today announced the close of its $60 million Series B funding round, bringing the total amount raised to $85 million. The round follows five consecutive years of rapid growth and customer acquisition, as IVIX has helped customers identify billions of dollars in... more
Klarna Secures Scalable Funding in $26bn Deal to Drive U.S. Pay in 4 Growth
- 1 month 2 weeks ago
- Fundraising News
Klarna, the global digital bank and flexible payments provider, today announced the execution of a multi-year forward flow agreement with Nelnet, a U.S.-based financial services and investment firm, to support the continued expansion of Klarna’s Pay in 4 product in the United States.
Riva Closes Pre-Seed Round Led by Project A
- 1 month 3 weeks ago
- Fundraising News
Riva Money, a next-generation payments infrastructure company, has raised $3 million in pre-seed funding to rebuild how businesses move money globally. The round was led by Project A and joined by angel investors from leading fintech and financial institutions including Revolut, Ebury, Monzo, and J.P. Morgan.
Drivepoint Adds $9M from Top Tech and Consumer Investors to Accelerate AI Finance Platform for Retail Brands
- 1 month 3 weeks ago
- Fundraising News
Drivepoint, the AI-powered strategic finance platform for consumer brands, announced today that it has secured over $9 million in new funding to accelerate product innovation and go-to-market expansion. The total includes a fresh $7 million Series A round led by Vocap Partners along with a previously undisclosed investment raised earlier in 2024. Returning investors Bling Capital, Vinyl VC, and Las Olas Venture Capital and Jefferies' Family... more
Inclined Raises $8M Series B to Simplify Liquidity Access to Whole Life Insurance
- 1 month 3 weeks ago
- Fundraising News
Inclined Technologies, the leading technology platform helping consumers maximize the living benefit of the cash value in their whole life insurance policies, today announced the close of its $8M Series B funding round, led by HSCM Ventures. Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual, also participated alongside other new and existing investors.
Street Wallet Secures $350K to Bring Cashless Payments to South Africa’s Informal Economy
- 1 month 3 weeks ago
- Fundraising News
Street Wallet, a South African fintech empowering informal traders and service providers with accessible, low-cost digital payment solutions, has successfully raised US$350,000 (R6.2 million) in a funding round that values the business at US$2 million (R35.5 million). The fresh capital will be leveraged to deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa.
Block Unveils Proto Rig and Proto Fleet, Marking a New Era in Bitcoin Mining
- 1 month 3 weeks ago
- Fundraising News
Block, Inc. today unveiled Proto Rig, a first-of-its-kind modular bitcoin mining system, and Proto Fleet, a free and open-source fleet management software. The announcement, made during an event held at Proto customer Core Scientific's facility in Dalton, GA, where Proto Rigs are mining as part of their fleet, represents a significant step toward decentralizing bitcoin mining hardware, opening access to more builders, and increasing network... more
Cache Raises $12.5M Series A to Expand Tax-Efficient Diversification Platform
- 1 month 3 weeks ago
- Fundraising News
The wealth management industry has long reserved its most sophisticated tools for the ultra-wealthy. For the growing number of investors with concentrated stock positions, often the result of successful equity compensation or investment gains, the traditional options remained limited: hold and bear concentrated risk, or sell and face significant capital gains taxes.
Mesh Secures Additional Funding from Investors Including PayPal Ventures to Further Power Crypto Payments
- 1 month 3 weeks ago
- Fundraising News
Mesh, the leading crypto payments network, today announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million. This support positions the company to accelerate its impact on the global payments industry.
Rillet Raises $70M to Replace 20th-Century Accounting Software With AI-Native ERP Built by Accountants
- 1 month 3 weeks ago
- Fundraising News
Rillet, the AI-native ERP (enterprise resource planning) platform built for modern finance teams, today announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT and earlier investors. In conjunction with the new funding, Andreessen Horowitz General Partner Alex Rampell and ICONIQ General Partner Seth Pierrepont are joining the board.
Stavtar Solutions Secures $55 Million From Elephant to Accelerate Growth and Scale Operations
- 1 month 3 weeks ago
- Fundraising News
Stavtar Solutions, a leading provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, today announced a Series A investment of $55 million from Elephant. The minority investment will fuel the next phase of expansion for the platform that has revolutionized how complex businesses are managing their business spend, expense allocations, vendors, contracts, budgets, payments, and... more
