Payd Secures USD 400,000 Seed Extension Funding to Transform Employee Financial Well-Being in Southeast Asia
- 8 hours 44 min ago
- Fundraising News
Payd, a leading Malaysian fintech company specializing in Earned Wage Access (EWA) solutions, has successfully raised a USD 400,000 Seed Extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia. Empowering Employees with Financial Flexibility
Froda Expands Partnership With EIF – Unlocking €150 Million in First EU-Wide Microfinancing Guarantee
- 3 days 4 hours ago
- Fundraising News
Froda, a leading provider in SME financing, has strengthened its partnership with the European Investment Fund (EIF), by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 EU member states. The agreement marks Froda as the first company to establish an EU-wide microfinance partnership with the EIF,... more
Lynx Closes $27 Million Oversubscribed Series A, Aims to Revolutionize Healthcare Payments and Administration
- 4 days 3 hours ago
- Fundraising News
Lynx, a leading fintech platform simplifying healthcare payments and administration, today announced the close of an oversubscribed $27 million Series A funding round, bringing its total funding to over $44 million since its inception in 2022. The round was led by Flare Capital Partners, with participation from CVS Health Ventures, McKesson Ventures, and existing investors .406 Ventures, Obvious Ventures, and Frist Cressey Ventures.
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
- 4 days 6 hours ago
- Fundraising News
Trinity Capital Inc. , a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack, a leading pay-over-time platform for home services.
Neofin Secures $7M Seed Round to Revolutionize Accounts Receivable in Brazil With AI-Powered Solutions
- 4 days 6 hours ago
- Fundraising News
Cash is king and no business can survive without it. Quoting Warren Buffet: “Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent”. With this principle in mind, Neofin’s mission is to transform the embarrassing process of Accounts Receivable (getting paid) into an efficient flow through technology and Artificial Intelligence.
Fimple Raises $12 Million in Series A Funding to Pioneer Composable, Cloud-Native Banking Solutions
- 6 days 10 hours ago
- Fundraising News
Fimple, a leading provider of flexible, cloud-native core banking software, has successfully raised $12 million in its Series A funding round. The investment, led by DN Capital and Smartfin, saw continued participation from existing investors, including Albaraka Portfolio and Tera Portfolio. This milestone underscores the company's rapid growth and commitment to transforming the financial services landscape through its "Financial Function as a... more
Jump Closes $20 Million Series A Funding Round, Led By Battery Ventures, To Transform Financial Advisors’ Workflows Using AI
- 1 week 3 hours ago
- Fundraising News
Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the successful completion of a $20 million Series A funding round, led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners.
Solaris Secures EUR 140 Million Financing Round
- 1 week 6 hours ago
- Fundraising News
Solaris SE, Europe’s leading embedded finance platform, today announced the securing of its Series G funding round. The round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with contributions and equity supportive measures from a diverse group of investors and strategic partners. This funding marks a major milestone in Solaris’s journey, laying the groundwork for sustainable growth and accelerating the... more
Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia
- 1 week 3 days ago
- Fundraising News
Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia's fintech sector and the vast opportunity in SME financing in the economy. The facility is expected to contribute to an increase in job creation in the Kingdom, demonstrating Lendo's commitment to domestic economic... more
Cedar Money Raises $9.9 Million Seed Round Led by QED Investors to Enable Cross-Border Stablecoin Payments
- 1 week 4 days ago
- Fundraising News
Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The funding will enable Cedar Money to accelerate its mission of transforming international money flows using cutting-edge payment infrastructure.
Sokin Secures $15M Debt Funding from Funds and Accounts Managed by BlackRock
- 1 week 4 days ago
- Fundraising News
UK headquartered payments firm Sokin has secured $15m debt funding from funds and accounts managed by BlackRock, enabling the business to continue its rapid growth trajectory. The funding comes just months after Morgan Stanley Expansion Capital acquired a stake in the business with a strategic investment worth $31m.
Finout Cements FinOps Leadership with $40M Series C as Category Goes Mainstream
- 1 week 5 days ago
- Fundraising News
Finout, the leading FinOps-for-enterprise platform, today announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment brings Finout's total funding to $85 million. The company's platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times,... more
WiseLayer Secures $7.2 Million to Power AI Workers for Finance & Accounting Teams
- 1 week 5 days ago
- Fundraising News
WiseLayer, the AI fintech company that makes AI-powered digital workers for finance and accounting teams, today announced $7.2 million in funding. The round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels.
Open Banking Fintech Yavrio Raises $2.4 Million to Bring Embedded Banking and Payments to ERP
- 1 week 5 days ago
- Fundraising News
Yavrio, a London-based Open Banking fintech, has raised $2.4 million in seed funding to accelerate the fast-growing firm’s mission to transform the enterprise resource planning (ERP) space by eradicating error- and fraud-prone CSV file imports. Fuel Ventures led the round with a $1.9m investment and joins an illustrious group of Yavrio investors which includes Sir Sajid Javid, former Chancellor of the Exchequer, and Garth Ritchie, former... more
