Payment Technology Provider Rivero Raises $7m Series A to Supercharge Growth
- 1 year 10 hours ago
- Fundraising News
Rivero, a European Fintech specializing in digitalization and automation of payment processes, announced today that it has raised $7 million in a Series A round. The round was led by 6 Degrees Capital and Inference Partners, with participation from PostFinance's Venture Arm, Kraken Ventures, Seed X Liechtenstein, and angel investor and former COO of Adyen, Robert Kraal, together with a long list of payment executives.
Rainbow Announces $12 Million in Funding to Transform Small Business Insurance Underwriting
- 1 year 11 hours ago
- Fundraising News
Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, has announced raising $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd.
Keepit Secures $40 Million in Refinancing from HSBC Innovation Banking to Boost Growth
- 1 year 1 day ago
- Fundraising News
Keepit has today announced HSBC Innovation Banking, the global, specialized banking partner for businesses in cutting-edge sectors, has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO).
AbbeyCross Raises US$6.5M in Seed Funding Round Led by Valar Ventures
- 1 year 2 days ago
- Fundraising News
AbbeyCross, the world’s first wholesale FX platform focused on improving the payment market infrastructure for Emerging Market currencies, announced today that it has raised US$6.5M in its seed funding round. The raise follows significant and growing interest in the company’s proposition from major financial services institutions globally.
Fintech ZILO™ Announces £25 Million Series A Fundraising Round
- 1 year 2 days ago
- Fundraising News
ZILO™, the UK-based FinTech specializing in global asset and wealth management software, is pleased to announce a £25 million Series A funding round. The fundraiser, which was oversubscribed, was co-led by Fidelity International Strategic Ventures (FISV) and Portage, with participation from State Street and Citi signalling strong confidence in ZILO™’s vision and commitment to becoming the leading financial services software innovation company.
Maalexi – Pioneering UAE Agri Trade Fintech – Raises $3M in Pre-Series A
- 1 year 3 days ago
- Fundraising News
Maalexi, the UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund raise. The funding round was led exclusively by Global Ventures - MENA’s leading venture capital firm - which joins existing venture capital investors Rockstart (Amsterdam) and Ankurit Capital (New Delhi).
Solva Raises $20M from the Sawiris family and ZCP
- 1 year 6 days ago
- Fundraising News
Solva, a FinTech providing working capital solutions, has announced that it has raised a $20 million investment backed by the Sawiris family and ZCP. The capital injection will allow Solva to further scale our digital financial products for millions of micro, small, and medium enterprises and boost job creation in Central Asia.
Bumper Completes $48 Million Funding Round to Drive Growth in Flexible Automotive Payments Across Europe
- 1 year 1 week ago
- Fundraising News
Bumper, the fintech enabling flexible payments for car repairs, has announced the completion of a $48 million / €46 million / £40 million Series B fundraising to accelerate its growth.
Revfin Secures $14M Led by Omidyar
- 1 year 1 week ago
- Fundraising News
Revfin, a leading digital lending platform that finances electric vehicles, has raised $14m in a series B funding round. This significant injection of capital was led by Omidyar Network and was joined by the Asian Development Bank, Companion Capital Limited, a group of angel investors, and existing investors such as Green Frontier Capital and LC Nueva Investment Partners.
Fimple Completes Bridge Investment Tour, Securing a Total of $5.5 Million Investment
- 1 year 1 week ago
- Fundraising News
Following the $2 million investment obtained in the previous pre-seed round, Fimple has now secured an additional $3.5 million investment in the Bridge Investment tour, adding a new angel investor to its list. Led by Apy Ventures, the tour saw participation from KT Portfolio, Tera Portfolio, and angel investors. This total investment of $5.5 million aims to strengthen Fimple’s position as a leader in the finance industry by supporting the... more
Tameed Platform Closes Series A Funding Round of $15 Million Led by Alromaih Investment Group
- 1 year 1 week ago
- Fundraising News
Tameed Digital Lending Platform, which offers shariah-compliant Government Purchase Orders Financing for SMEs in Saudi Arabia, announced that it has successfully closed a funding round (Series A) amounting to SAR 56.75M (USD 15M) led by Alromaih Investments.
Digital Identity Company Yoti Receives £12.5 Million Funding from HSBC
- 1 year 2 weeks ago
- Fundraising News
Digital identity company Yoti has received £12.5 million in debt funding from HSBC, and a further £7.5 million in convertible debt funding from existing shareholders. The £20 million funding will support the continued growth of the company through to achieving profitability and beyond.
Updraft Secures £272M in Mix of Debt and Equity Funding
- 1 year 2 weeks ago
- Fundraising News
Updraft, a well-known consumer lending FinTech, has raised a substantial £272m. The financing comprises a £250m forward flow arrangement with Jefferies Financial Group and Santander Corporate and Investment Banking, along with senior financing from Santander CIB. Additionally, the company raised a further £22m in Mezzanine and equity investment led by Quilam Capital, MoreThan Capital, LC Nueva AIF, and Auluk Investments.
Tabby Secures $700M in Debt Financing from J.P. Morgan and Extends its Series D Round to $250M with Participation from Hassana Investment Company
- 1 year 3 weeks ago
- Fundraising News
Tabby, the MENA’s leading shopping and financial services app, has secured up to $700 million in receivables securitization from J.P. Morgan. The deal represents the largest asset-backed facility obtained by a fintech company in the MENA region.
Bain Capital Insurance Invests $200 Million Into GuideOne Insurance Company to Launch Innovative New Platform Dedicated to Mutuals
- 1 year 3 weeks ago
- Fundraising News
The Mutual Group, an innovative new insurance platform serving the mutual industry, today announced its plans to launch with support from Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital.
