12/09 – Weekly Investment & Fundraising News
- 2 years 12 months ago
- Fundraising News, FinTech StartUps
liwwa Raises $18.5 Million Pre-Series B Round
liwwa Raises $18.5 Million Pre-Series B Round
- 2 years 12 months ago
- Fundraising News
Jordan-based Fintech liwwa closed an $18.5 million pre-Series B round of equity and debt. Founded in 2015, liwwa employs technology across its operations to provide tailored financial solutions. It also owns and operates the liwwa Investment Platform, a peer-to-peer platform that enables retail investors to finance liwwa loans and earn returns.
Mesh Payments Raises $60M to Expand Finance Automation Platform
- 3 years 13 hours ago
- Fundraising News
Financial management startup Mesh Payments has landed $60 million in new funding, 10 months after its last raise. Founded in Israel and now with headquarters in New York, Mesh Payments is one of a growing group of startups focused on helping companies manage their spending through automation.
RegTech Scale-up SteelEye Raises $21M in Round Led by Ten Coves Capital to Accelerate Growth and Meet Demand for Holistic Compliance Solutions
- 3 years 15 hours ago
- Fundraising News
SteelEye, the compliance technology and data analytics firm, has announced the completion of a $21M Series B fundraise to accelerate its global expansion – with an emphasis on North America. The funding round – led by Ten Coves Capital alongside existing investors Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and a large family office – takes SteelEye’s total capital raised to $43M.
MetaWeb Ventures Raises $30 Million For Builder Focused-Blockchain Fund
- 3 years 1 day ago
- Fundraising News
MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced today the launch of its first fund ("Fund I" or "the Fund"), with total capital commitments of $30 million USD.
21.co Raises $25 Million, Becoming Switzerland’s Largest Crypto Unicorn
- 3 years 1 day ago
- Fundraising News
21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions.
05/09 – Weekly Investment & Fundraising News
- 3 years 3 days ago
- Fundraising News
Indian FinTech EarlySalary Closes on $110M for Expansion
Alloy Announces $52 Million in Additional Series C
- 3 years 6 days ago
- Fundraising News
Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation. Lightspeed Venture Partners and Avenir Growth led the funding with participation from Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures.
Indian FinTech EarlySalary Closes on $110M for Expansion
- 3 years 1 week ago
- Fundraising News
Indian lending fintech EarlySalary has raised $110 million in a Series D funding round led by TPG’s The Rise Fund and Norwest Venture Partners. Founded in Pune in 2015, EarlySalary provides loans of up to Rs 5 lakhs (about $6300) to working professionals. The company has since expanded into the BNPL market, with a focus on education, health and consumer product financing.
Solid Raises $63 Million Series B Led By FTV Capital
- 3 years 1 week ago
- Fundraising News
Compliant Payment System Secures Seed Round Led by SFC Capital, Bringing Total Funding to £1.2M
- 3 years 1 week ago
- Fundraising News
Ryft, the revolutionary PSD2 compliant payments system, has raised a large seed round, led by SFC Capital, the UK’s most active seed-stage investor. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. Ryft enables automated next-day payouts for marketplace businesses and their merchants, for a single flat fee per transaction.
Save Now Buy Later Fintech Tortoise Raises Funding from Swiggy and ZestMoney Founders
- 3 years 1 week ago
- Fundraising News
Fintech startup Tortoise, a platform that rewards consumers to save up for their purchases, has received an undisclosed amount of funding from Sriharsha Majety co-founder / CEO of Swiggy) and Lizzie Chapman, co-founder / CEO of Fintech ZestMoney in a mentors round.
Pezesha Raises Pre-series A of $11M to Grow its Embedded Finance Platform
- 3 years 1 week ago
- Fundraising News
Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new markets within Sub Sahara Africa.
International Payments Addressing Platform iPiD Secures $3.3M in Seed Funding
- 3 years 1 week ago
- Fundraising News
Fintech start-up iPiD has announced a $3.3M seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. In addition, the company has announced the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, to the iPiD management team as Chief Commercial Officer.
Oxbury Bank – Britain’s First and Only AgTech Bank – Secures New Funding as it Continues Rapid Lending Growth
- 3 years 1 week ago
- Fundraising News
Oxbury Bank – the UK’s first and only AgTech bank – has secured £25m in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank.
