African Fintech Anchor Raises $2.4M to Expand Product Offerings
- 1 year 4 months ago
- Fundraising News
Anchor, a Nigerian banking-as-a-service (BaaS) provider, has raised $2.4 million in seed investment. Justin Kan’s Goat Capital led the financing round which also welcomed participation from FoundersX, Rebel Fund and some existing investors, including Y Combinator and Byld Ventures.
Akur8 Raises Another $25M and Introduces New Investor FinTLV
- 1 year 4 months ago
- Fundraising News
Akur8, the next-generation insurance pricing solution powered by Transparent AI, has closed a new funding round of $25m, bringing its total funding to $60+m. This latest investment round closed four years after Akur8 first commercialized its platform and introduces a new investor, FinTLV, a global Insurtech and fintech venture capital fund based in Tel Aviv. Besides FinTLV, Guidewire Software, Inc. is also investing in this round, together with... more
Indian FinTech CredRight Raises $9.7M
- 1 year 4 months ago
- Fundraising News
FinTech startup, CredRight, based in Hyderabad, has successfully raised approximately $9.7m, a combination of both equity and debt.
Bank-verified Digital Identity Service OneID Raises £1 Million from ACF Investors
- 1 year 4 months ago
- Fundraising News
OneID, the UK’s only provider of bank-verified digital identification services, has secured £1 million in new funding from ACF Investors. The investment will be used to further develop its product and bolster its mission to make the world a safer place by helping people prove who they are online easily and securely.
MoonPay Launches Early-stage Venture Arm to Fuel Innovation
- 1 year 4 months ago
- Fundraising News
MoonPay – the world’s leading Web3 infrastructure company – today announced the launch of its investment arm, MoonPay Ventures. The new division enables MoonPay to collaborate with and support trailblazing startups to drive industry-wide value and onboard the world to Web3.
Instant Financial Secures Funding to Propel Payday Revolution
- 1 year 4 months ago
- Fundraising News
Instant Financial, a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a leading fintech-focused venture capital firm, and an original investor in Instant.
African Fintech Zanifu Secures New Funding Round
- 1 year 4 months ago
- Fundraising News
Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.
Dubai-based FinTech MALY Raises $1.6M in Seed Round
- 1 year 4 months ago
- Fundraising News
MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card. The funds were secured from a consortium of renowned GCC-based angel investors, reflecting their belief in the start-up’s vision to reshape financial wellness in the UAE and broaden its reach to other regional markets.
Irys Insurtech, Inc. the Revolutionary Insurtech Challenger, Closes $3.5 Million Seed Round to Take on Legacy Competitors
- 1 year 4 months ago
- Fundraising News
Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems.
Canadian Fintech LemFi Raises $33 Million
- 1 year 4 months ago
- Fundraising News
LemFi, a leading fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane Capital. Other investors included Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree.
Turkish FinTech Craftgate Secures $1M to Revamp Payment Solutions
- 1 year 4 months ago
- Fundraising News
Craftgate Technology, a “One-Stop Shop” payment orchestration platform, announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading, a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.
Ramp Announces $300 Million in New Funding to Accelerate Expansion
- 1 year 4 months ago
- Fundraising News
Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D on the back of strong revenue growth, rapidly increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year. The company will use this capital to further fuel its industry-leading pace of product development and accelerate its expansion into adjacent... more
Translucent, the Accounting & Financial Management Platform for Multi-Entity Businesses, Raises £5M Seed Round
- 1 year 4 months ago
- Fundraising News
Translucent, the accounting platform solving the financial management problems of multi-entity and multi-national businesses, has raised a £5M seed round co-led by Chalfen Ventures and LocalGlobe.
Finastra Secures a Massive $5.3B Debt Financing
- 1 year 4 months ago
- Fundraising News
Finastra, a FinTech enterprise owned by Vista Equity Partners, has successfully secured a groundbreaking private loan package. This colossal amount of $5.3bn is being provided by renowned private lenders, notably Oak Hill Advisors, Blue Owl Capital, and HPS Investment Partners, as detailed in a recent Bloomberg report.
Cynergy Bank Secures £20M Tier 2 Capital Facility from British Business Investments
- 1 year 4 months ago
- Fundraising News
Cynergy Bank today announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed across Cynergy Bank and Cynergy Business Finance.
