Save Now Buy Later Fintech Tortoise Raises Funding from Swiggy and ZestMoney Founders
- 2 years 1 month ago
- Fundraising News
Fintech startup Tortoise, a platform that rewards consumers to save up for their purchases, has received an undisclosed amount of funding from Sriharsha Majety co-founder / CEO of Swiggy) and Lizzie Chapman, co-founder / CEO of Fintech ZestMoney in a mentors round.
Pezesha Raises Pre-series A of $11M to Grow its Embedded Finance Platform
- 2 years 1 month ago
- Fundraising News
Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new markets within Sub Sahara Africa.
International Payments Addressing Platform iPiD Secures $3.3M in Seed Funding
- 2 years 1 month ago
- Fundraising News
Fintech start-up iPiD has announced a $3.3M seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. In addition, the company has announced the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, to the iPiD management team as Chief Commercial Officer.
Oxbury Bank – Britain’s First and Only AgTech Bank – Secures New Funding as it Continues Rapid Lending Growth
- 2 years 1 month ago
- Fundraising News
Oxbury Bank – the UK’s first and only AgTech bank – has secured £25m in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank.
Justhome Raises €3.3M to Help More People Become Homeowners
- 2 years 1 month ago
- Fundraising News
Justhome, the next-generation home financing startup, has raised €3.3 million in a pre-seed funding round led by Target Global. APX, the Berlin-based early-stage fund backed by Europe’s leading digital publishers Axel Springer and Porsche also participated in the round, alongside a number of industry-leading angel investors.
VRGL Announces $15M Series A Fundraising Round Led by MissionOG and FINTOP Capital
- 2 years 1 month ago
- Fundraising News
VRGL, Inc (“VRGL”), a provider of institutional-grade analytics and automated data extraction to the wealth management industry, today announced it has raised $15 million in a Series A round led by MissionOG and FINTOP Capital. Founding investors Sallyport Investments and
Singapore-Headquartered FinTech banco Raises US$6.7 Million in Series A Round
- 2 years 1 month ago
- Fundraising News
Singapore-headquartered, Financial Technology (FinTech) company, banco (RABC Group) today announced the successful raise of US$6.7M in Series A funding led by Japan-based leading financial group SBI Group, alongside investors Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others.
Lightnet Raises US$50 Million to Bolster Blockchain-Powered Remittances
- 2 years 1 month ago
- Fundraising News
The Lightnet Group ("Lightnet") announced today it has secured a $50 million capital commitment from LDA Capital Ltd ("LDA") to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology. Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years.
Nigeria’s Grey Raises $2M for Cross-border Payments
- 2 years 1 month ago
- Fundraising News
The provision of virtual foreign bank accounts has become a common strategy for fintechs to enable Nigerians and Africans to facilitate international transfers. In the latest development, Grey, a fintech in this category that provides virtual international bank accounts to African freelancers and remote workers, is announcing that it has raised $2 million in seed funding.
29/08 – Weekly Investment & Fundraising News
- 2 years 1 month ago
- Fundraising News
Capital on Tap Has Secured a £200M Funding Facility
Capital on Tap Has Secured a £200M Funding Facility
- 2 years 1 month ago
- Fundraising News
Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access to credit at a time when the UK is anticipating a recession and facing historic inflation rates.
MENA’s First&Only Subscription Management Platform - Raises US$2.4 Million, in Seed Round Led by Global Ventures
- 2 years 1 month ago
- Fundraising News
SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region, announces it has successfully closed its seed round at US$2.4 million.
Zywa, Neobank for Gen Z Raises $3M in a Seed Round
- 2 years 1 month ago
- Fundraising News
Zywa, a teen-focused FinTech startup aiming to re-imagine banking for Gen Z in the Middle East and North Africa, raised $3m in a seed round. The round included participation from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, and European family offices, as well as strategic angel investors.
Muse Raises $20M in Debt Facility to Support Small Businesses
- 2 years 1 month ago
- Fundraising News
Muse Finance - a bespoke finance provider for small, medium and growing businesses - today announces that it has closed a $20 million debt facility to support the growth of small businesses.
Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders
- 2 years 1 month ago
- Fundraising News
Highline Technologies, the payments fintech that unlocks payroll-linked lending and bill pay, announced today that it has successfully raised $13 million in Series A funding. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors.