Magic Receives $52M Strategic Funding Round led by PayPal Ventures
- 1 year 3 months ago
- Fundraising News
Magic, the leading wallet-as-a-service (WaaS) provider, today announced it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The new round brings the total raised to more than $80M.
Vartana Announces $20M Series-B Round of Funding
- 1 year 3 months ago
- Fundraising News
Vartana, the B2B sales closing and financing platform, today announced it has raised $20M in Series B funding led by commerce & fintech growth firm Activant Capital, with participation from Mayfield and Audacious Ventures. This growth investment comes on the heels of the company’s $12M Series A round, announced in January 2023.
Hybr1d Raises US$3.2 Million to Power AI-Driven IT and HR Solutions from Global Founders Capital, MS&AD Insurance VC arm, 468 Capital, and 1982 Ventures
- 1 year 3 months ago
- Fundraising News
Hybr1d, a global workforce management platform, today announced the completion of a US$3.2 million pre-seed round of financing from Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures. The company plans to use this investment to supercharge its technology development, recruit across all functions, and expand its reach across the Europe, APAC and Middle East regions.
Tabby Closes New Financing, Upsizes Warehouse Debt Facility to $350M (1.3b SAR)
- 1 year 3 months ago
- Fundraising News
Tabby, the MENA’s leading shopping and financial services app, has successfully closed a new financing round resulting in upsizing its debt facility to $350 million, over a 2X increase since its last debt raising announcement.
NomuPay Raises $53.6M to Provide Ambitious Global Enterprises with an ‘All Access Pass’ for Payments in Southeast Asia, Turkey and Europe
- 1 year 3 months ago
- Fundraising News
NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has raised $53.6m. The round was co-led by Finch Capital and Outpost Ventures, an investment platform of Neuberger Berman, with participation from individuals.
Blocktrade Raises €4.5M Prior to Public Round of BTEX Token Sale
- 1 year 3 months ago
- Fundraising News
Blocktrade, the gamified asset marketplace for everyone, has announced the close of its exclusive Blocktrade Exchange Token (BTEX) sale round, which ran from May 5th to 18th and followed a sold-out pre-sale round earlier this year. A total of €4.5 million worth of BTEX has been raised from over 1400 community members in 42 countries.
InsurTech Pioneer Sixfold Secures $6.5M in Seed Round
- 1 year 3 months ago
- Fundraising News
Sixfold, a groundbreaking InsurTech startup, has launched the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
Skorlife, Indonesia-based FinTech Start-up, Raises $4M in Seed Funding
- 1 year 3 months ago
- Fundraising News
Skorlife, the Indonesia-based FinTech start-up focused on improving credit score transparency, has successfully raised $4m in a seed funding round. The funding round was spearheaded by Hummingbird Ventures, attracting further investment from QED Investors as well as repeat investors AC Ventures and Saison Capital, according to a report from TechCrunch.
South&Southeast Asia Fintechs Have Raised USD 53.3B to Date in Alternative Lending, Digital Banking, Payments & Transfers, and E-wallet
- 1 year 3 months ago
- Fundraising News
Over the entire history, fintechs in alternative lending, digital banking, payments & transfers, e-wallet sectors have raised a grand total of USD 53.3 Bn and earned USD 17.8 Bn. The total rate of return (Total Revenue / Total Funding) is approximately 33.4%, which means that for every dollar attracted, fintechs earn an average of 33.4 cents per year on transactions related to their activities.
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
- 1 year 3 months ago
- Fundraising News
NYMBUS®, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors.
Climate Fintech Pyrpose Secures $1 Million in Angel Round
- 1 year 3 months ago
- Fundraising News
Pyrpose, a breakthrough climate finance platform which connects climate-conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise.
Vernost Group Starts Acquisition of VePay with $5 Million Investment
- 1 year 3 months ago
- Fundraising News
Vernost Group, a leading technology solutions provider, announced the launch of its highly anticipated VePay Payments Acquiring and Orchestration technology today.
FlowX.ai Raises $35M for its AI-based Approach to Application Integration
- 1 year 3 months ago
- Fundraising News
FlowX.AI, the world’s first AI enterprise application modernisation platform for large financial services organizations, today announces that it has raised a $35 million Series A funding round.
Fintech Company Ballerine Announces $5 Million Seed Funding to Deliver Open-Source Risk Decisioning Platform
- 1 year 3 months ago
- Fundraising News
Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8.
OpenFin Secures $35 Million in Series D Investment
- 1 year 3 months ago
- Fundraising News
OpenFin, the operating system (OS) of enterprise productivity, today announced that it has secured $35 million in Series D investment. The latest funding round was led by Bank of America with significant participation from Pivot Investment Partners and ING Ventures. Additional investors in the round include CME Ventures, CTC Venture Capital, SC Ventures and Tribeca Early Stage Partners.
