Klarna Secures EUR 1.4bn Structured Financing Facility with Santander
- 10 hours 58 min ago
- Fundraising News
Klarna, the global digital bank and flexible payments provider, today announced the execution of its inaugural warehouse financing facility with Santander as the sole lender. The facility provides a total funding capacity of up to EUR 1.4 billion and is backed by German receivables. It forms part of Klarna’s broader strategy to diversify funding sources and support continued growth.
Priority Secures $50 Million Financing Facility
- 1 day 4 hours ago
- Fundraising News
Priority Technology Holdings, Inc., the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of the acquisition of certain assets of Boom Commerce (“Boom”) and the closing of a new $50 million residual financing credit facility.
AND Global Secures $21.4M Series B to Scale Inclusive Fintech
- 2 days 5 hours ago
- Fundraising News
Leading global fintech AND Global, today announced it has raised $21.4 million USD in a Series B funding round led by the International Finance Corporation (IFC), a member of The World Bank Group, and AEON Financial Service, a leading Japanese financial group active in 11 Asian markets.
Midas Secures $80 Million Series B, Marking Turkey's Largest-Ever Fintech Investment
- 2 days 8 hours 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
- 3 days 4 hours 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
- 4 days 5 hours 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
- 4 days 8 hours 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
- 4 days 8 hours 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
- 4 days 11 hours 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 week 5 hours 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 week 7 hours 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 week 10 hours 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 week 11 hours 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 week 11 hours 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 week 11 hours 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.
