Lentra Closes Series-B Led by Bessemer Venture Partners, SIG and Citi Ventures, Transaction of $ 60M
- 1 year 10 months ago
- Fundraising News
Lentra, the class-leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for International expansion, including the USA.
11/11 – Weekly Investment & Fundraising News
- 1 year 11 months ago
- Fundraising News
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
- 1 year 11 months ago
- Fundraising News
Brightside, the leading financial care platform for employers, today announced it has raised $33 million in Series B funding.
Egyptian Fintech Blnk Raises $32 Million
- 1 year 11 months ago
- Fundraising News
Blnk, a fintech startup that enables instant consumer credit in Egypt, raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. The funds will support the further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.
TRM Labs Raises $70 Million in Series B
- 1 year 11 months ago
- Fundraising News
Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs. The latest investment, an extension to the company's $60 million Series B round in December, was led by Thoma Bravo, with participation from first-time investor Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures.
Former Tink Employees Raise €5M for Payments Startup Atlar
- 1 year 11 months ago
- Fundraising News
A gaggle of former Tink employees has raised €5 million in seed funding for their startup promising to help businesses automate all of their payment activities. Joel Nordström, Joel Wägmark, and Johannes Elgh formed Stockholm-based Atlar earlier this year following open banking outfit Tink's €1.8 billion acquisition by Visa.
Glow Raises $22.5 Million to Optimize Insurance for Small Businesses
- 1 year 11 months ago
- Fundraising News
Glow, the digital insurance agency for small businesses, announced that it has closed a $22.5 million round of series A financing led by Cota Capital. AV8 Ventures, Markd, Startup Venture Capital, Maiden Re, and others also participated in the round. The financing will fund innovation in Glow’s digital insurance platform, which automates the insurance process for small businesses.
Pyypl Accelerates Growth with $20 Million Series B Investment
- 1 year 11 months ago
- Fundraising News
Pyypl – pronounced “People” – the Middle East and Africa (MEA) focused financial services platform and Hub71 company has closed its target Series B raise of $20 million from a diverse group of international investors and ten existing investors. Pyypl is considering opening a second tranche for further investment due to interest from investors.
04/11 – Weekly Investment & Fundraising News
- 1 year 11 months ago
- Fundraising News
Cinchy Announces $14.5 Million Series B Funding Led by Forgepoint
Cinchy Announces $14.5 Million Series B Funding Led by Forgepoint
- 1 year 11 months ago
- Fundraising News
Cinchy, the pioneer of dataware technology and leader of data liberation, today announced a $14.5 million USD Series B financing round led by Forgepoint Capital. Forgepoint Managing Director Leo Casusol will join Cinchy’s Board of Directors, while Reynaldo Kirton comes on board as an advisor.
Zest AI Secures Growth Capital from Fintech Investors, Strategic Partners, and Customers to Advance the Next Generation of AI-Automated Underwriting
- 1 year 11 months ago
- Fundraising News
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced today that the company has raised over $50 million in a new growth round.
Darwinium, a Next-generation Fraud and Security Platform, Secures an Initial $10 Million Funding Round
- 1 year 11 months ago
- Fundraising News
Darwinium, a pioneering new Customer Protection Platform, has today announced a seed funding round of $10 million USD led by Blackbird alongside Airtree, both Australian headquartered Venture Capitalist firms. The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion.
InterPrice Technologies Announces $7.3 Million Series A Funding Round Co-Led by Nasdaq Ventures and DRW Venture Capital
- 1 year 11 months ago
- Fundraising News
InterPrice Technologies, Inc., a treasury capital markets funding platform, announced today the closing of its Series A funding. The $7.3 million investment was co-led by Nasdaq Ventures and DRW Venture Capital, with participation from existing investors including Bowery Capital.
Egyptian Fintech MoneyFellows Raises $31M to Digitise ‘Money Circles’ Between Friends and Family
- 1 year 11 months ago
- Fundraising News
Egyptian fintech MoneyFellows has raised $31 million for its mobile-based platform for money circles - where a group of people put money into a pot for a specific period so that they can save and borrow together. Popular in Egypt and other Arab countries under the name “Gameya”, Money Circles are also known as Rotating Savings and Credit Associations (ROSCAs).
Form3 Secures EUR23 million Funding To Continue Exponential Growth Journey
- 1 year 11 months ago
- Fundraising News
Form3, the leading cloud-native payment technology provider, today announces it has secured a EUR23 million venture debt facility to continue its rapid global expansion and follows its $160 million Series C funding led by Goldman Sachs last year.
