Brex Reaches $12.3B Valuation and Hires Former Meta Executive as Head of Product
- 2 years 9 months ago
- Fundraising News, People Moves
Brex raised $300 million in a Series D-2 round in the latest fintech megaround, raising its valuation to $12.3 billion. Brex initially offered credit cards to entrepreneurs and SMBs. It has evolved to become a one-stop funding shop for these enterprises. Brex Premium, a $49-per-month service, combines credit cards, company cash accounts, and new spend control and bill pay software under a single dashboard last April. Since its founding, the... more
Series B Raises USD 90m, Accelerating Expansion of Web 3.0 Offerings & Into New Global Markets
- 2 years 9 months ago
- Fundraising News, Banking
Sygnum’s Series B is led by Sun Hung Kai & Co. Limited (SEHK: 86), a leading Hong Kong listed alternative investment financial services institution
Alto Closes $40 Million Series B Funding Round to Help More People Use Their Retirement Dollars to Invest in Alternative Assets Including Crypto
- 2 years 9 months ago
- Fundraising News
Round led by Advance Venture Partners includes continued support from core investors including Coinbase Ventures and Unusual Ventures
Brankas Raises Usd $20m From Insignia Ventures and Visa to Expand Asia's Leading Open Finance Platform
- 2 years 9 months ago
- Fundraising News
Brankas, Southeast Asia's leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu of banking-as-a-service APIs serving customers across 6 markets in ... more
Cion Digital Raises $12 Million Seed Funding Round
- 2 years 9 months ago
- Blockchain, Fundraising News, SaaS
Funding round will accelerate Blockchain Orchestration Platform delivery of crypto-backed financing and payment solutions Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, today announced it has closed a $12 million Seed Capital raise.
Broker Insights Raises £6M in Series-A funding Round
- 2 years 9 months ago
- Fundraising News, Insurance
Broker Insights – the high-growth company whose digital platform is transforming the commercial insurance market – has raised more than £6m in a Series A funding round led by Mercia Asset Management.
Instant Grocery Startup VOLY Raises One of the Largest Seed Rounds in Australia at $18m
- 2 years 9 months ago
- Fundraising News, FinTech StartUps
Venture capital firm Sequoia Capital India leads the round Australia's first instant online grocery supermarket, VOLY, has raised AU$18M in one of the nation’s largest ever seed rounds led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. This funding round will enable VOLY to continue to scale, expand the team, rapidly increase operations across key urban centres and... more
Singapore's 1982 Ventures Raises US$12.5M in the First Close of Seed Fund
- 2 years 9 months ago
- Fundraising News
1982 Ventures, a leading early-stage venture capital firm in Southeast Asia, has announced the initial close of its first seed stage venture fund with US$12.5 million in committed capital. The fund is targeting to raise a total corpus of US$15 million. Established in early 2020, 1982 Ventures is a Southeast Asia focused venture capital fund that invests in seed stage fintech startups in Southeast Asia. The fund was recently identified as the... more
Reposify Raises $8.5M Seed Round Tackling the Security Threats from Unknown Internet-Facing Assets
- 2 years 9 months ago
- Fundraising News
Organizations’ constant digital footprint expansion creates major security blind spots. Reposify delivers the only Google-like search platform that enables enterprises to safely evolve in the cloud by seamlessly detecting and managing all exposed internet-facing assets.
UK ‘Buy Now, Pay Later’ Provider Bumper raises $12M Series A from Autotech and Jaguar Land Rover
- 2 years 10 months ago
- Fundraising News, FinTech StartUps
The UK startup offering interest-free flexible payments for car repairs sets sights on Europe after ‘bumper’ year
Hummingbird Raises $30M in Series B Funding to Become the CRM for Risk and Compliance Professionals
- 2 years 10 months ago
- Fundraising News, RegTech
As financial institutions struggle with antiquated risk and compliance systems, Hummingbird provides a platform that meets the complex demands of a modern financial system.
Mambu Raises €235 Million at €4.9 Billion Valuation in EQT Growth-led Series E
- 2 years 10 months ago
- Fundraising News
Market-leading SaaS banking platform is now valued at nearly €5 billion, making it the largest private fundraise to date for a banking software platform The round is led by EQT Growth, which shares and will support Mambu’s commitment to sustainability, diversity and inclusion and workplace innovation
Flip Raises $48 Million in Series B Co-Led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners
- 2 years 10 months ago
- Fundraising News, Payments
Flip is an Indonesian fintech company leading in the consumer payment platform First investment by Insight Partners in Indonesia The new funding will fuel the company’s business expansion, technology innovation, and team development
Fintech Group SPG Raises $34m Series A to Fuel Shieldpay and Paycast Businesses
- 2 years 10 months ago
- Fundraising News
After 340% increase in revenues, SPG raises $34m Series A to capitalise on the rapid digital transformation in the legal industry, and to fuel early growth in the ecommerce and marketplace industry. The UK based FinTech group, SPG that owns and operates Shieldpay and Paycast, has raised a $34 million dollar (£25 million pounds) Series A that includes strategic funding from Mastercard and Marqeta. Other significant Investors in SPG include... more
LenDenClub raises $10 Million in Series-A funding; Hits Rs. 1200 Cr. Disbursement Within 6 Months
- 2 years 10 months ago
- Fundraising News, Investment
Eyes 5-fold growth in next 18 months - expand market footprint, accelerate product development and upgrade technology platform Investors: Artha Venture Fund, Kunal Shah (Founder, CRED), Alok Bansal (Co-founder, Policybazaar), Ramakant Sharma (Co-founder, Livspace), Hardik Pandya (Indian Cricketer), Krishna Bhupal (Co-founder of Promaxo and Board member of GVK Power & Infra), Tuscan Ventures and Ohm Stock Brokers.
