Cross-border Payments Firm Thunes Raises US$30 Million
- 1 year 10 months ago
- Fundraising News
Thunes, a global cross-border payments firm headquartered in Singapore, has raised US$30 million from London-based hedge fund Marshall Wace, according to VentureCap Insights, which tracks regulatory filings in the city-state. Peter de Caluwe, CEO of Thunes, has confirmed to Tech in Asia that Marshall Wace is the new investor.
Kredivo Holdings, the Leading Southeast Asian Digital Financial Services Platform, Closes ~US$270m Series D Equity Round
- 1 year 10 months ago
- Fundraising News
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, today announced that it has raised ~US$270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close. This round was led by Japanese global bank Mizuho Bank, Ltd., a subsidiary of Mizuho Financial Group, Inc.
Rain Instant Pay Closes Historic Funding
- 1 year 10 months ago
- Fundraising News
Rain, a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A with participation from firms including WndrCo, Tribe Capital, and Dreamers VC, which was co-founded by Will Smith. The debt facility was arranged by Sound Point Capital Management, LP.
HeavyFinance Closes 3 Million Euro Seed Funding Round
- 1 year 10 months ago
- Fundraising News
HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital. HeavyFinance is a European Fintech tackling the climate crisis, providing financing and loan schemes for companies in the sustainable agriculture sphere, with the goal of removing 1 gigaton of CO2 emissions by 2050.
eToro Completed a Funding Round of $250 Million at a Valuation of $3.5 Billion
- 1 year 10 months ago
- Fundraising News
eToro, an Israel-based trading platform, announced on Tuesday it raised $250 million after its plan to go public via SPAC fell through. After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation.
Two Secures €18 Million Series A Funding to Fix B2B Payments
- 1 year 10 months ago
- Fundraising News
Norwegian business-to-business payments firm Two has raised €18 million in a Series A funding round led by Shine Capital and Antler.
emma Raises $6 Million in Seed Funding to Slash Multi-cloud Costs and Complexity
- 1 year 10 months ago
- Fundraising News
emma, the first end-to-end, no-code multi-cloud management application platform, today announces that it has raised $6 million in Seed funding in a round led by RTP Global, with participation from AltaIR Capital and CircleRock Capital.
Monite Doubles Seed Round to $10M to Enable B2B Platforms Add New Revenue Streams During the Venture Slowdown
- 1 year 10 months ago
- Fundraising News
Monite, an API-first embedded finance workflows startup, has secured an aggregate $10M in Seed financing to help platforms working with SMBs capitalize on hassle-free B2B payments automation for their clients.
Tamara Raises $150 Million Debt Financing from Goldman Sachs
- 1 year 11 months ago
- Fundraising News
Tamara, a fintech startup based in Saudi Arabia, has secured a $150 million debt facility in its latest fundraising round. The facility provided by US investment bank Goldman Sachs will enable Tamara to promote and develop its BNPL product, according to a company statement. It will also help to finance a growth drive across several new verticals, said the company.
20/03 – Weekly Investment & Fundraising News
- 1 year 11 months ago
- Fundraising News
Fundpath Takes on Fuel with £4M Late Seed Funding Round
Fundpath Takes on Fuel with £4M Late Seed Funding Round
- 1 year 11 months ago
- Fundraising News
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, today confirmed the completion of a £4m late seed funding round with growth capital partner Fuel Ventures.
PhonePe Raises $200M in Additional Funding from Walmart
- 1 year 11 months ago
- Fundraising News
PhonePe, one of India’s largest fintech platforms, today announced it has raised additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion.
Stripe Raises More than $6.5B in Series I Funding Round
- 1 year 11 months ago
- Fundraising News
Stripe, which builds economic infrastructure for the internet, has signed agreements for a Series I fundraise of more than $6.5 billion (€6.15 billion) at a $50B (€47B) valuation. Primary investors include existing Stripe shareholders—Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital—as well as new investors including GIC, Goldman Sachs Asset and Wealth Management, and Temasek.
Samsung Next Invests in Mitiga Brings Total Funding to $45M
- 1 year 11 months ago
- Fundraising News
Mitiga, the cloud and SaaS incident response leader, today announced the completion of Series A Round bringing total funding to $45 million.
Clara Secures Debt Financing for up to $90M from Accial Capital to Strengthen its Presence in Colombia
- 1 year 11 months ago
- Fundraising News
Clara, the leading end-to-end digital corporate spend management platform in Latin America, announced today approved financing for up to 90 million dollars from Accial Capital, a US debt provider with a focus on emerging markets, and its newly launched fund in collaboration with Skandia FCP IMPACTO, an impact-focused debt fund offered by Skandia, managed by Accial.
