Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round
- 3 years 1 day ago
- Fundraising News
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. The company is now valued at $400 million, according to The Times.
British Fintech Nimbla Attracts £5.1m Investment as Embedded Insurance Takes Off
- 3 years 6 days ago
- Fundraising News, FinTech StartUps, Insurance
Fundraise: Fin VC and Barclays Bank invest £5.1m into fintech insurance startup Nimbla Growth: Nimbla expands to offer a fully flexible model from single invoice to whole book and scales operations to support more businesses while targeting the £2.6tn embedded fintech opportunity Embedded Insurance: Launch of Nimbla API into banks and lenders provides opportunity to offer invoice insurance at the point of issue
Cambridge Epigenetix Raises $88 Million Series D Financing to Advance Best-in-Class DNA Sequencing Technology Platform
- 3 years 1 week ago
- Fundraising News
Technology increases the amount and quality of data that can be efficiently and cost-effectively obtained from a small DNA sample Manufacturing of the first product from a new technology platform is underway with expected commercial availability in early 2022; early access programs with renowned research institutions are ongoing
British Cyber Security Startup Risk Ledger Secures £2.1m Funding as Supply Chains Hit the Headlines
- 3 years 1 week ago
- Fundraising News, Security, Cybersecurity
Investment: £2.1m seed funding round led by Finnish VC Lifeline Ventures Growth: Risk Ledger hits 300% year on year revenue growth as it secures contracts with NHS Test & Trace, wealth managers Quilter and others Opportunity: The global cybersecurity market is forecast to exceed $330 Bn by 2027, and Risk Ledger’s platform provides value for security teams within every B2B company globally.
Moralis Secures $13.4 Million Seed Funding from EQT Ventures to Help Developers Create Scalable Decentralised Apps and Plug the Blockchain Skills Gap
- 3 years 1 week ago
- Blockchain, Fundraising News
2021 has been the year where decentralised applications became mainstream for consumers with digital collectible (NFTs) and decentralised finance (DeFi) 25 million developers globally -- but more blockchain expertise needed New funding will enable Moralis to build the most robust and scalable platform for developers to build Web3 applications for the masses
Staircase AI Raises $4 Million in Seed Round to Create B2B Relationship Intelligence Platform
- 3 years 1 week ago
- Artificial Intelligence, Fundraising News
Staircase Relationship Intelligence (SRI) enables Customer Success teams to generate annual recurring revenue (ARR) and upsell opportunities through proactive relationship monitoring
Admix Raises $25m Series B To Monetize The Metaverse With In-Play
- 3 years 2 weeks ago
- Fundraising News, Infrastructure
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Autochek Secures $13.1mn Seed Funding to Scale its Technology and Accelerate Expansion
- 3 years 2 weeks ago
- Fundraising News
TLcom Capital and 4DX Ventures co-lead round of Africa’s leading Autotech company
Ondato Raises €3.6M Seed Extension to Support Rapid Wxpansion of its Compliance-as-a-Service Model
- 3 years 2 weeks ago
- Fundraising News, Management
The additional funds extend Ondato’s seed round to a total of €5.6M, spurred by 4x growth since January
Gujarat Witnesses 86% Rise in P2P Investments: LenDenClub Data
- 3 years 2 weeks ago
- Fundraising News, Lending, P2P Lending
Investment in Peer-to-Peer (P2P) Lending has witnessed a rise of 86% in Gujarat as per consumer analysis of LenDenClub, India’s largest P2P lending enterprise as compared with the previous year. LenDenClub analysed its data, drawing insights into the investment patterns and behaviours of investors in the state of Gujarat. The analysis was conducted on its active overall investor base of over 06 lakh for nine months starting from January 2021 to... more
Resistant AI Announces $16.6 Million in Series A Funding from GV and Index Ventures to Protect Financial Automation from Fraud and Financial Crime
- 3 years 2 weeks ago
- Artificial Intelligence, Fundraising News, Fraud Detection
● Artificial intelligence security company raises Series A funding ● Resistant AI responds to increasing vulnerabilities in financial services caused by widespread automation and algorithm-driven compliance and security ● The founding team’s previous startup, Cognitive Security, formed the basis for Cisco’s widely deployed threat detection platform ● Resistant AI’s product uses machine-learning and sophisticated modelling to reinforce ... more
Proportunity Raises Over £100M to Support UK Home Ownership Dream
- 3 years 2 weeks ago
- Fundraising News
London-based fintech aiming to help thousands of first-time buyers and ‘second steppers’ on property ladder neo-lender Proportunity has raised £105m ($150m) investment through debt and equity funding as it aims to support more people achieve their UK home ownership dream. The new investment follows a £7.3m ($10m) funding round in 2020 for the London-based fintech.
Zopa Raises $300 Million Led by Softbank Vision Fund 2 to Build the UK’s Best Bank for Lending and Savings
- 3 years 3 weeks ago
- Digital banking, Fundraising News, Banking
· Launched in June 2020, Zopa bank is one of the UK’s newest digital banks, built on its unique legacy as the world’s first Peer-to-Peer lender · It meets customer needs by focusing on how they borrow and save, the two things with the most impact on consumer finances · Latest financing is a clear validation of Zopa’s sustainable lending model and of its strong unit economics
Chip closes the biggest equity crowdfund of the year; raises £11.5m from 12K investors
- 3 years 3 weeks ago
- Fundraising News, Banking
Chip, the digital savings account, has raised a total of £11.5 million from 12,954 investors, making it the biggest equity crowdfund of the year as well as the biggest equity crowdfund held on Crowdcube of all time. As part of the record-breaking round, Chip raised £1 million in under 10 minutes and hit £8.6+ million in under 48 hours. Off the back of the crowdfund, the company added 6,500 new investors, growing its shareholder community to over... more
RPA Supervisor Raises $5m to Support Organisations Manage Their Digital Workforce
- 3 years 3 weeks ago
- Fundraising News, Management, Fund Management
Automated management platform manages and optimises performance of RPA operations by 50%
