iLex Raises $7M to Expand Next-Gen Loan Distribution Solutions

• 4 weeks 1 day ago
• Fundraising News

iLex, a leading fintech developing the next-generation distribution platform for syndicated loans, today announced the addition of $2.5 million to its pre-Series A round. This brings iLex’s total pre-Series A round to $7 million and total capital raised to date to $11 million. The investment will be used to advance its product roadmap, including the launch of a new primary syndication solution, and accelerate platform adoption in EMEA and APAC.

Tallinn Fintech Mifundo Lands €2.5 Million for Cross-Border Lending Revolution

• 4 weeks 1 day ago
• Fundraising News

Estonian fintech Mifundo has made history by becoming the first fintech to receive full funding from the European Innovation Council (EIC) Accelerator, securing €2.5 million in grants and investment.

Vilnius-Based BoBo Secures €6.5 Million for Instant Large-Scale Cross-Border Transactions

• 4 weeks 1 day ago
• Fundraising News

Bourgeois Boheme, a fintech company targeting the next generation of successful entrepreneurs, has closed a €6.5 million seed round led by Graphit Lifestyle.

Aviva Secures $5.5 Million in Seed Investment Round

• 1 month 1 hour ago
• Fundraising News

Aviva is thrilled to announce the successful closure of its $5.5 million seed investment round. This funding round was oversubscribed, underscoring the robust unit economics of Aviva's innovative phygital model and its commitment to delivering accessible financial services to the 70 million underserved individuals in the market.

MNT-Halan Expands into Turkey with Acquisition of Tam Finans and Raises $157.5 Million

• 1 month 19 hours ago
• Fundraising News

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development. Terms of the transaction were not disclosed.

Layer2 Financial Secures $10.7M in Series A Funding

• 1 month 20 hours ago
• Fundraising News

Layer2 Financial is thrilled to announce the successful close of their $10.7 million Series A funding round, led by Galaxy Ventures with key support from Accomplice. This funding validates the innovative work Layer2 has done in bridging digital and traditional fiat systems. Founded by Tarun and his co-founder, Layer2 aims to revolutionize global money movement. With this new funding, they are set to enhance cross-border payments, making them... more

GeoWealth Secures Growth Investment Round Led by BlackRock

• 1 month 1 day ago
• Fundraising News

GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), today announced that it has closed a $18 million growth investment led by BlackRock.

Rillet Secures $13.5M in Funding Led by First Round Capital and Creandum

• 1 month 2 days ago
• Fundraising News

Rillet is excited to announce the successful raising of $13.5M in funding, led by First Round Capital (Uber, Square, Notion, Looker) and Creandum (Spotify, Klarna), alongside Susa Ventures (Robinhood). This round also saw participation from notable individual investors such as Kevin Hartz (founder of Eventbrite, Xoom, and investor in SpaceX, Airbnb, Palantir), the former Chief Accounting Officer of Facebook and Stripe, and the Controller at Ramp.

Aveni Secures £11M Investment to Drive AI Revolution in Financial Services

• 1 month 2 days ago
• Fundraising News

AI Fintech Aveni.ai has announced one of the largest Series A investments in a Scottish business this year, amounting to £11 million.

S64 Announces Successful Close of Series A Funding Round with Investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank

• 1 month 3 days ago
• Fundraising News

S64, the global alternatives fintech and solutions partner to the wealth management industry, today announced the successful close of its Series A funding round which includes investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank, two prominent institutional investors.

Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption

• 1 month 1 week ago
• Fundraising News

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises, announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a leading global multi-line insurer.

Fundabl Completes $3.2 Million Equity Raise

• 1 month 1 week ago
• Fundraising News

Fundabl today announced the completion of a $3.2 million equity raise and establishment of an upsized debt facility, alongside an ambitious plan to tackle the funding gap for Australia's most promising businesses. With a sweet spot for providing loans between $500,000 and $5 million, Fundabl is meeting the demand for businesses often overlooked by traditional lenders and facing a challenging funding climate, by providing a new capital resource.

Jarvis Secures £1.8 Million Funding to Empower Workers

• 1 month 1 week ago
• Fundraising News

Bunch Raises $15.5M Series A to Build the Backbone of Private Markets

• 1 month 1 week ago
• Fundraising News

bunch, the fintech company transforming private markets, announced the successful closing of its $15.5 million Series A. The round is led by global investor FinTech Collective, and existing investors including Cherry Ventures and Motive Ventures are doubling down. Top private market experts such as Broadhaven Ventures and former AngelList Europe Head Philipp Moehring's TinyVC, as well as angel investors including founders and executives of... more

Digitt Secures US$50M From CoVenture to Help Prime Borrowers in Mexico Pay Off Predatory Credit Card Debt

• 1 month 1 week ago
• Fundraising News

Digitt, a pioneering fintech offering credit card debt refinancing for prime borrowers in Mexico, today announced the launch of a $50M debt facility with CoVenture Management, LLC, a leading private credit and alternative asset manager based in New York, New York. The Facility will help expand Digitt's existing debt refinancing product, expand its product offering and deepen the company's relationship with its growing customer base.