Fintech Company ID Finance Secures €12M Credit Line from a European Listed Bank
- 11 months 3 weeks ago
- Fundraising News
ID Finance, a prominent FinTech company, has achieved a significant milestone by securing a €12m credit line from a listed bank. The financing agreement is set to bolster ID Finance’s consumer lending operations in Spain, where it has already established a strong presence with over two million unique registered users. This move is expected to solidify ID Finance’s standing as the top alternative lending brand in the Spanish market.
Nigerian Trade Finance Startup FrontEdge Secures $10M
- 11 months 3 weeks ago
- Fundraising News
Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.
Lasso Security Emerges from Stealth With $6 Million Seed Funding to Pioneer Gen AI and Advanced LLM Cybersecurity
- 11 months 3 weeks ago
- Fundraising News
Lasso Security, innovators in Large Language Models (LLMs) cybersecurity, announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there's a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most recently, we have Generative AI.
UK SME Payments Fintech Crezco Raises $12M, Announces its Technology Partnership Enabling a New Xero Feature
- 11 months 3 weeks ago
- Fundraising News
Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero.
Indy Raises 40 Million Euros in a Series C Funding
- 11 months 3 weeks ago
- Fundraising News
Indy, a French fintech start-up helping to automate accounting for sole traders and freelancers, has raised €40 million ($44 million) in a Series C funding round led by European private equity firm BlackFin Capital Partners. Other participants in the round include Paris-based investment company La Maison and Toulouse-based private equity firm iXO.
Kiwi Secures $13M in Series-A Funding Led by Omidyar Network India
- 11 months 3 weeks ago
- Fundraising News
Kiwi, one of India’s leading FinTech companies that is transforming the credit card landscape in India, has raised $13 million (Rs. 108 Crore) in a Series-A funding round led by Omidyar Network India.
TRIVER Raises Further £20M to Provide Small Businesses with Instant Capital in a Click
- 11 months 3 weeks ago
- Fundraising News
SME working capital provider TRIVER has raised a further £20m to revolutionize how small businesses can access finance. The deal – a £20m debt facility with Luxembourg-based Avellinia Capital – will enable TRIVER to offer over £200m of funding annually to help small businesses in the UK and further its product development.
Menlo Raises $1.35 Billion to Fund a New Generation of Startups
- 12 months 15 hours ago
- Fundraising News
Menlo Ventures announced the close of $1.35 billion in new capital that will be invested by a flagship venture fund, Menlo XVI; Menlo Inflection III; and their affiliated funds—with a mandate to invest in promising technology companies leading the AI transformation.
Octopus Investments Launches £35M Fundraise for its Apollo VCT
- 12 months 16 hours ago
- Fundraising News
Octopus Investments, part of Octopus Group and the UK’s largest Venture Capital Trust (VCT) fund manager, today announced the launch of a new £35 million fundraise for its Octopus Apollo VCT (Apollo VCT).
Kinto Raises $5 Million to Launch First KYC'd Layer 2 Blockchain for Financial Institutions and Decentralized Protocols
- 12 months 1 day ago
- Fundraising News
Kinto, the first KYC'ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, announced today it has raised $5 million in two funding rounds to power its future as a secure and compliant network for financial apps on Ethereum.
CFX Labs Closes $9.5 Million Seed Round to Continue the Rapid Transformation Of Global Payment Processing and Monetization
- 12 months 1 day ago
- Fundraising News
CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding.
Lynx Announces €17 Million (c.£15 Million) Funding Round Led by Forgepoint
- 12 months 1 day ago
- Fundraising News
Lynx, a leading provider of AI software that detects and prevents fraud and financial crimes, today announces a €17 million (c.£15 million) Series A funding round led by Forgepoint Capital, a leading venture capital firm focused on cybersecurity and digital infrastructure software, with the participation of Banco Santander, a Lynx shareholder. Forgepoint Managing Director Leo Casusol will join Lynx’s Board of Directors.
On-Chain Interest Rates Market, Rho Labs, Raises $2.2M in Pre-Seed Round Led by Speedinvest
- 12 months 1 day ago
- Fundraising News
Rho Labs, a builder of Rho Protocol, an on-chain, non-custodial interest rate futures and swaps market, today announces a successful raise of $2.2M in a pre-seed round, led by Speedinvest. Investors in the round included Keyrock, Re7 Capital, Daedalus Collective, and Dmitry Tokarev, CEO of Copper.co, among others.
Asset Management Firm Superstate Announces $14m Series A Financing
- 12 months 1 day ago
- Fundraising News
Superstate, an asset management firm modernizing the infrastructure of investment funds, today announced a $14m first close of their Series A financing. The capital will be used to expand their team, launch private funds to institutional investors, and create a framework for compliant, tokenized, publicly registered investment funds.
Saudi Arabia's BNPL Start-up Tamara Secures $400M in Debt Financing
- 12 months 2 days ago
- Fundraising News
Tamara, the leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. The facility consists of an incremental up to $200 million of senior debt arranged by Goldman Sachs, bringing the total senior warehouse facility to up to $350 million, plus a further up to $50 million mezzanine tranche... more
