UK Fintech Atoa Secures $2.2M Pre-seed Round as it Kills Visa and Mastercard Fees for Businesses
- 1 year 10 months ago
- Fundraising News
There are more than 4 million small businesses in the UK which have no viable alternative to debit card payments and are reliant on Mastercard or Visa payment rails. Challenging this status quo, UK fintech Atoa Payments is announcing a $2.2M pre-seed funding round to reduce by 70% the payment fees and offer a new approach to making payments.
Novo Announces $35M in Funding
- 1 year 10 months ago
- Fundraising News
Novo, the powerfully simple fintech platform for small businesses, announced that GGV Capital has joined the company’s Series B as a strategic investor with an additional $35 million. This brings Novo’s Series B to $125 million, and total equity funding to more than $170 million. Robin Li, Principal, GGV Capital will join the board as an observer.
Eurazeo Signs an Agreement to Invest in Neoxam, a Provider of Front-office, Middle-office and Back-office Software for Financial Institutions
- 1 year 10 months ago
- Fundraising News
Eurazeo, via its Small-Mid Buyout team, is today announcing the signature of an agreement with a view to investing in NeoXam, alongside its founder Serge Delpla and its management team led by Florent Fabre. Under the agreement, Eurazeo would invest more than €100 million, thus becoming the group’s majority shareholder. Historical partners (led by Cathay Capital and BPI), shareholders since 2018, would sell their shares on this occasion.
Galgal, the Youth Centric Neobank Startup Raises USD 1 Million to Help Gen Z Squeeze the Most Out of Their Money
- 1 year 10 months ago
- Fundraising News
Founded in 2021, by Harsh Chhatrapati and Arun Iyer, Galgal Money is a new-age Mumbai-based Fintech start-up that focuses on bringing efficient banking solutions to the youth, with the purpose to simplify money management and make savings as stress-free as possible.
Cobee Closes €40 Million Series B Round to Bring the Employee Benefits Revolution to New Markets
- 1 year 10 months ago
- Fundraising News
Cobee, the Spanish start-up revolutionising benefits management, has closed a new €40 million series B round. This operation has been led by the British investment funds Octopus Ventures and Notion Capital, which both specialise in the technology sector and have an interest in companies such as Currency Cloud, Tradeshift, Unbabel, Yulife, GoCardless and Cazoo.
18/11 – Weekly Investment & Fundraising News
- 1 year 10 months ago
- Fundraising News
Agent IQ Expands Executive Team Following $10M Series A Funding
Agent IQ Expands Executive Team Following $10M Series A Funding
- 1 year 10 months ago
- Fundraising News
Following its recent announcement of a successful $10 million Series A funding raise, Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced the addition of fintech industry veteran, Michael Lee, as the company’s new chief sales officer, and the promotion of Soren Bested to chief operating officer.
Mercurity Fintech Holding Inc. Announced Closing of $3.15 Million Private Investment in Public Equity (PIPE) Financing
- 1 year 10 months ago
- Fundraising News
Mercurity Fintech Holding Inc. (the "Company" or "MFH"), a digital fintech group powered by blockchain technology, today announced that it has closed the Private Investment in Public Equity (“PIPE”) financing pursuant to the Securities Purchase Agreement (the “SPA”) and Warrant (each, a “Warrant” and collectively, the “Warrants”) with certain non-U.S. investors for gross proceeds of $3.15 million (the “Proceeds”).
WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges
- 1 year 10 months ago
- Fundraising News
WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe. New investors included Element Ventures, which led the round, along with Clocktower Ventures and Volution Capital. Existing investors including CommerzVentures, AlbionVC and SAP increased their investments.
AGAM Set to Accelerate Lending Revolution for Individuals and Businesses as it Completes Investment Round
- 1 year 10 months ago
- Fundraising News
AGAM, the UK-headquartered next-generation fintech, which is revolutionising lending for individuals and businesses, has announced the completion of its latest funding round today.
Banked Secures US$15M Led by Insight Partners, Citi, National Australian Bank Ventures to Expand Global Pay By Bank Network
- 1 year 10 months ago
- Fundraising News
Banked Ltd (“Banked”), the London-based fintech company building a next-gen global payment network, today announced that it has raised over $15 million in a Series A extension round, led by global software investor Insight Partners. The investment round was supported by Citi and National Australia Bank Ventures, recognizing Banked’s traction and distinct approach to building a Pay by Bank global network. Newly announced commercial partner and... more
The Trading Pit, an Award-Winning Proprietary Trading Firm, Secures €10 Million in Growth Funding
- 1 year 10 months ago
- Fundraising News
The Trading Pit (TTP) is proud to announce that it has secured €10 million in its latest round of growth funding. The high-growth prop trading fintech has secured capital to accelerate its growth initiatives with a mission to become the global leader in online prop trading.
KB Securities, Subsidiary of Korea’s Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B Round
- 1 year 10 months ago
- Fundraising News
Global private market exchange ADDX has raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round. The round kicked off in May 2022, when ADDX announced a US$58 million fundraising involving new shareholders Stock Exchange of Thailand (SET), Hamilton Lane... more
Lab 1, a New Supply Chain Cyber Intelligence Platform, Raises £1M from MMC Ventures, SyndicateRoom and Leading Angels
- 1 year 10 months ago
- Fundraising News
Cyber intelligence platform Lab 1 today announced a £1m funding round supported by MMC Ventures Co-Founder & Chairman and investor Alan Morgan, alongside MMC Ventures, prominent investor Cris Conde and SyndicateRoom's Access EIS Fund.
BeZero Carbon Raises $50 Million to Accelerate the Net Zero Transition Through Carbon Ratings
- 1 year 10 months ago
- Fundraising News
Carbon rating agency BeZero Carbon has today announced a $50 million Series B funding round. The funds will be used to drive innovation in environmental markets through the development of ratings, risk and analytics tools.
