Stavtar Solutions Secures $55 Million From Elephant to Accelerate Growth and Scale Operations
- 22 hours 13 min 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
Capitolis Announces Strategic Investments
- 22 hours 18 min ago
- Fundraising News
Capitolis, the financial technology company, today announced additional strategic investments from leading global banks and venture capital firms. New bank investors Barclays and BNP Paribas join J.P. Morgan, an existing Capitolis investor, as well as Citi, Morgan Stanley, State Street, and UBS—all of which previously invested in this round.
Casap Raises $25M Series A to Revolutionize Payment Disputes With AI and Eliminate First Party Fraud Losses
- 22 hours 33 min ago
- Fundraising News
Casap, the leader in intelligent automation for dispute and fraud operations, has raised $25 million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners, SoFi and others. This brings Casap’s total funding to $33.5 million and sets a new record for venture investment in the payment disputes category.
Rillet Raises $70M to Replace 20th-Century Accounting Software With AI-Native ERP Built by Accountants
- 22 hours 33 min 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.
NEA-Backed NG.CASH Announces the Close of $26.5M Series B
- 1 day 33 min ago
- Fundraising News
NG.CASH, a consumer fintech platform built to serve Brazil’s digital-first generation, has announced the close of a $26.5 million Series B funding round. The investment was led by New Enterprise Associates (NEA) with participation from Quantum Light, the innovation-focused fund launched by Revolut founder Nikolay Storonsky, Monashees, Andreessen Horowitz (a16z), Endeavor Catalyst, 17Sigma, founded by Ualá founder Pierpaolo Barbieri who is also... more
Glassbox Secures an Investment From Poalim Equity
- 2 days 2 hours ago
- Fundraising News
Glassbox, a leading provider of digital experience analytics for financial institutions, today announced a minority investment from Poalim Equity, the investment arm of Bank Hapoalim, Israel's largest financial group. The investment marks a new chapter in the partnership between the two companies and will fuel Glassbox's next phase of innovation, accelerating the development of advanced analytics and AI solutions purpose-built for financial... more
DPDzero Raises $7M to Build India’s Best Collections Company
- 2 days 23 hours ago
- Fundraising News
Debt collections is the backbone of lending, however collections today are run by collection agencies who care very little about the borrower and mostly care about their commissions. With a vision to build India’s best collections company, DPDzero has announced raising $7million in Series-A funding led by GMO VenturePartners – Japan’s premier fintech focused VC, SMBC Asia Rising Fund, and Blume Ventures, which has doubled down since the previous... more
Grasshopper Raises $46.6 Million in Funding and Appoints New Board Members to Fuel Next Phase of Growth
- 3 days 3 hours ago
- Fundraising News
Grasshopper, the client-first, full service digital bank, today announced it concluded a $46.6 million funding round. Patriot Financial Partners LP led the funding round, with additional participation from Glendon Capital Management.
Fintech Alaan Raises $48 Million To Equip MENA Finance Teams With AI Agents
- 3 days 3 hours ago
- Fundraising News
Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million - one of the largest Series A funding rounds in the history of the region.
Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation
- 4 days 2 hours ago
- Fundraising News
Uzum, Uzbekistan’s leading digital ecosystem, has secured nearly $70 million in equity financing from Tencent and VR Capital, with participation from FinSight Ventures – a U.S. fund focused on AI, fintech and super-app investments, and lead investor in Uzum’s first equity round completed in March 2024. Tencent is a world-leading internet and technology company with a diverse portfolio of innovative products and services. It is listed on the... more
Bakkt Announces Closing Of $75 Million Public Offering
- 4 days 22 hours ago
- Fundraising News
Bakkt Holdings, Inc. announced the closing of its previously announced underwritten public offering of 6,753,627 shares of Class A common stock and pre-funded warrants to purchase up to 746,373 shares of Class A common stock at a public offering price of $10.00 per share and public offering price of $9.9999 per pre-funded warrant, which represents the per share public offering price of each share of Class A common stock less the $0.0001 per... more
Maven Leads £5 Million Investment In Approov To Redefine Mobile App Security
- 5 days 3 hours ago
- Fundraising News
Approov Limited (“Approov”), a mobile app security software business, has secured a £1.2m investment from the Investment Fund for Scotland, managed by Maven Capital Partners (“Maven”). This is part of a £5 million funding round with participation from Souter Investments, and existing investors Lanza techVentures and Scottish Enterprise.
Kuvi.ai Announces Successful Completion of Its $700,000 Seed Round
- 1 week 22 hours ago
- Fundraising News
Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include legendary crypto investor Michael Terpin of Transform Ventures and leading Web3 educator Dennis Liu (aka VirtualBacon).
Bitzero Secures $25 Million To Accelerate Blockchain Mining
- 1 week 1 day ago
- Fundraising News
Bitzero, the company redefining sustainable Blockchain and High-Performance Compute (HPC) data centers, today announced it has secured $25 million in funding to drive immediate revenue growth and further its mission of setting a new global standard for clean, community-centered mining operations. The investment marks a major step forward in Bitzero's commitment to transforming cryptocurrency's energy reputation, while delivering strong returns... more
Daloopa Receives $13M Strategic Investment to Power the Next Generation of AI in Finance
- 1 week 1 day ago
- Fundraising News
Daloopa, the AI-powered fundamental data platform trusted by the world's leading equity investment and research teams, today announced a $13 million strategic investment to meet growing demand for high-quality data powering Large Language Models (LLMs) and AI agents in financial services. The round saw participation from existing and new investors such as Pavilion Capital.
