17/04 – Weekly Investment & Fundraising News
- 1 year 5 months ago
- Fundraising News
Clear Street Receives $270M Investment from Prysm Capital in Series B
Clear Street Receives $270M Investment from Prysm Capital in Series B
- 1 year 5 months ago
- Fundraising News
New York-based independent prime broker Clear Street has been valued at $2bn following the close of a $270m investment from growth equity firm Prysm Capital. This fresh capital is the second tranche of a $435m Series B funding round. In addition to Prysm Capital, Series B has received backing from a diverse institutional investor base, including public pension funds and endowments.
SME Finance Extends Funding Facility from Fasanara Capital to Reach €240 Million
- 1 year 5 months ago
- Fundraising News
SME Finance, a fintech reinventing growth financing for small- and medium-sized enterprises, has agreed to a new €100 million credit facility from London’s Fasanara Capital. The new funds bring the total commitments from Fasanara to €240 million.
The Corporate Venture Capital unit of Deutsche Börse Group Leads €8 Million Investment Round in Next Gate Tech
- 1 year 5 months ago
- Fundraising News
Next Gate Tech, a leading provider of innovative technologies for the financial services industry, announced a €8 million investment in a new funding round led by DB1 Ventures, the Corporate Venture Capital unit of Deutsche Börse Group, with the continued support of existing investors; NewAlpha Asset Management, Volta Ventures, Expon Capital, and Seed X.
PhonePe Raises Additional $100 Million
- 1 year 5 months ago
- Fundraising News
Indian mobile payments company PhonePe has raised a further $100 million in an ambitious attempt to complete an ongoing $1 billion financing round. The new funds from returning backer General Ataltantic bring the total raised by the company over the past few months to $750 million.
Hakbah - The Saudi-Based Fintech Savings Platform - Closes US$2 Million, Pre-Series A, Funding Round
- 1 year 5 months ago
- Fundraising News
Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round. Global Ventures - MENA’s leading venture capital firm and DIFC-based Aditum Investment Management participated in the round, providing Hakbah with its first institutional capital. The funding follows approval granted by the Saudi Central Bank (SAMA).
absolute labs Announces $8 million Seed Raise to Accelerate Growth of its Groundbreaking Wallet Relationship Management Platform for Marketing in Web3
- 1 year 5 months ago
- Fundraising News
Today, absolute labs – the first Wallet Relationship Management™ (WRM™) platform that is revolutionizing how growth and marketing teams acquire, engage, convert, and retain customers in the next Internet – announces the close of a $8 million Seed fundraising round including Aglaé Ventures, Alpha Praetorian Capital, The Luxury Fund, Near Foundation, MoonPay, Plassa Capital, Punja Global Ventures, Samsung Next, Sparkle Ventures (Animoca Bra
Ryft Receives UK FCA Licence Following £1.2M Seed Round Raise
- 1 year 6 months ago
- Fundraising News
Ryft, the revolutionary PSD2-compliant payments system, has announced its receipt of a UK licence from the Financial Conduct Authority (FCA) following a £1.2 million seed round raise in August last year. The authorisation of the licence opens up opportunities for Ryft to become a regulated payment facilitator with some of the world’s biggest acquirers.
10/04 – Weekly Investment & Fundraising News
- 1 year 6 months ago
- Fundraising News
Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint
Malaysian B2B Fintech Soft Space Raises US$31.5M in Series B1 Funding to Expand Global Footprint
- 1 year 6 months ago
- Fundraising News
Malaysian SoftPOS player Soft Space has completed a $31.5 million Series B1 funding to expand its global footprint and widen its customer base. Southern Capital Group led the funding round, with participation from returning investor transcosmos, strategic investor JCB, and venture capital fund Hibiscus Fund. Drone manufacturer Aerodyne Group held the previous Series B funding record in the country when it raised $30 million in October 2019.
REGO Announces $100M in Funding & Partnership with Q2
- 1 year 6 months ago
- Fundraising News
Rego Payment Architectures, Inc. (“REGO”), the only COPPA-certified and GDPR-compliant provider of a white-label family digital wallet platform for financial institutions, announced today that it has secured a critical banking partnership as well as raised approximately $100M funding to continue delivering its integrated banking solutions.
South Africa's Fintech Startups Peach Payments Raises $31M
- 1 year 6 months ago
- Fundraising News
South African online payments firm Peach Payments is looking to enter new markets after securing $31 million in funding led by Apis Growth Fund II. Peach Payments is the second largest online payment gateway in South Africa and has operations in Kenya and Mauritius. It now plans to enter new African markets.
British Patient Capital Invests £4M in Quantexa’s Series E Funding Round
- 1 year 6 months ago
- Fundraising News
British Patient Capital has announced a follow-on investment of £4m in Quantexa, a global data and analytics software company, as part of a £104.6m Series E funding round. The company is now valued at more than £1 billion and is BPC’s second unicorn in its direct investment portfolio.
Private Banking Startup Kashet Raises £5.4M
- 1 year 6 months ago
- Fundraising News
Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round. Kashet is led by banking, technology, and service industry experts, including heavyweights Alex Wilmot-Sitwell from Bank of America and UBS, and Andrew Brookes of Bank of England, as well as international executives, Gary Steel and Jacob Waehrens.
Fourthline Raises €50M to Transform Financial Compliance for Banks, Financial Institutions and Fintechs
- 1 year 6 months ago
- Fundraising News
Fourthline, the RegTech leader that provides AI-powered and compliant KYC and AML solutions, has raised €50m from Finch Capital and other new and previous investors.
