Insurtech Raincoat Secures an Additional $6.5M to Invest in Financial Resiliency in the Wake of Climate Disaster
- 1 year 2 months ago
- Fundraising News
Raincoat, a startup developing scalable climate insurance solutions that enable instantly processed individual claims, today announced the closing of an additional $6.5 million seed round bringing its total raised to date to $11 million. The funding round was led by TwoSigma Ventures – along with European-based VC firm Mundi Ventures, Revolution’s Rise of the Rest Seed Fund and EleFund.
TreasurySpring Raises $29 Million Led by Balderton Capital to Transform the Future of Cash Investment for Business
- 1 year 2 months ago
- Fundraising News
TreasurySpring – the first-of-its-kind investment platform helping firms of all sizes unlock and protect the true value of their cash assets – has raised $29 million in Series B funding led by Balderton Capital. Mubadala Capital also participated in the round, alongside previous investors ETFS Capital, MMC Ventures and Anthemis Group.
Fennech Secures £2 Million Seed Funding from Lloyds Banking Group
- 1 year 2 months ago
- Fundraising News
Fennech Financial, a leading innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding.
Resistant AI Extends Series A to $27.6m with new Funding from Notion Capital to Boost Fight Against Rapidly-evolving Financial Crime
- 1 year 2 months ago
- Fundraising News
Resistant AI, an artificial intelligence (AI) and machine learning security company that protects financial services from financial crime, today announced it has expanded its Series A funding to $27.6m, having raised an additional $11 million investment from Notion Capital. This adds to the existing funding from investors including GV, Index Ventures, Credo Ventures, and Seedcamp.
Italy’s Largest Pre-seed Round Ever: Jet HR is Born €4.7 Million Raised by Italy's Leading Innovators to Create a New HR Management Solution for a New Generation of Companies
- 1 year 2 months ago
- Fundraising News
Jet HR is the new - all-Italian - startup based on an idea by Marco Ogliengo, former founder of a successful tech company he exited in 2021, and Francesco Scalambrino, a top manager who was responsible for the software in 'unicorn' companies. Both, in their careers, have experienced the difficulties of bureaucratic personnel management and, knowing the potential of technology, decided to solve the problem.
utu Closes US$33 Million Deal, Acquires SC Ventures-Incubated CardsPal to Re-engineer Tax-Free Shopping Globally
- 1 year 2 months ago
- Fundraising News
utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal comprises of an acquisition and a funding round, which consists of both a portion of new funding from SC Ventures, and the roll-over of earlier funding from Singapore-based investors who supported the company through the pandemic.
Egyptian Fintech Agel Secures Substantial Pre-seed Funding
- 1 year 2 months ago
- Fundraising News
Agel, a pioneer in Egypt’s FinTech landscape, is the nation’s first and only provider of Sharia-compliant financial solutions. Established in October 2021 by co-founders Abdelrahman Saeed and Ahmed El Sherbiny, Agel is on a mission to reshape traditional financial services in Egypt.
Acryl Data Raises $21M to Accelerate Future of Data Management
- 1 year 2 months ago
- Fundraising News
Acryl Data – the company driving the DataHub Project, the most widely-used open source data catalog – today announced that it has secured $21M in Series A funding led by 8VC with participation from Ram Shriram at Sherpalo Ventures, Guillermo Rauch, founder and CEO of Vercel, and The Chainsmokers
Fintech Innovator Mypinpad Secures $13 Million Investment
- 1 year 2 months ago
- Fundraising News
Mypinpad, a global innovator in mobile card payments acceptance and identity authentication software solutions, is thrilled to announce a substantial investment round of $13 million led by Crossfin Holdings (Crossfin). This strategic investment will help expansion and support Mypinpad’s goal of building out its global payments and authentication SaaS offerings.
Latin American FinTech Parfin Significant Investment from Accenture
- 1 year 2 months ago
- Fundraising News
Accenture, a global professional services company, has confirmed its strategic investment in Parfin, a leading player in the provision of responsible and compliant Web3 infrastructure services to Latin America’s financial institutions.
Yendo Raised $24M to Expand Access to Affordable Credit
- 1 year 2 months ago
- Fundraising News
Yendo, an innovative FinTech firm that introduced the world’s first vehicle-secured credit card, announced it has raised $24m in a Series A funding round.
Chexy Raises CAD1.3M in a Pre-seed Round
- 1 year 2 months ago
- Fundraising News
Chexy, described as Canada’s pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD. Crossbeam Ventures championed the investment, with contributing parties including Groundbreak Ventures, Ferst Capital Partners, and individual investors well-versed in the real estate and FinTech sectors.
Volt Raises $60M Series B Round Led by Silicon Valley Investor IVP
- 1 year 2 months ago
- Fundraising News
Volt, the company building the global infrastructure for real-time payments, today announces that it has raised a $60 million Series B to fund expansion into new international markets such as APAC and the Americas – and support product development in existing markets across Europe, the UK and Brazil. Following London Tech Week, this investment from IVP, one of Silicon Valley’s leading investors, signals a vote of confidence in the UK’s fintech ... more
Picket Secures $20M Series B Financing
- 1 year 2 months ago
- Fundraising News
Picket, a firm that provides integrated technology and services for residential real estate investing, has completed a Series B funding round worth $20m. The capital was raised in a round led by LL Funds, with participation from RET Ventures, a previous lead investor from Picket’s Series A round in 2022.
Indonesian Fintech Amartha secures $100M in Debt Financing Round
- 1 year 2 months ago
- Fundraising News
The Indonesian FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.
