Fundraising News

11/03 – Weekly Investment & Fundraising News

2 years 10 months ago
Fundraising News

Atlan Raises $50M Series B led by Salesforce Ventures, Sequoia, and Insight to Build a Collaboration Hub for Data Teams

Nordic Neobank Lunar Receives €70 Million in Fresh Funding

2 years 10 months ago
Fundraising News, Banking

Lunar, a Daniosh neobank, has raised €70 million in new capital to prepare for the launch of new crypto trading and business-to-business payments products. The new funding round follows the Nordic challenger's €210 million Series D funding round in July of last year. The firm has now raised a total of €345 million and is valued at just under €2 billion.

Capchase has raised $80 million in a Series B funding round led by 01 Advisors

2 years 10 months ago
Fundraising News

Capchase, a startup in the United States that assists entrepreneurs in obtaining non-dilutive capital, has raised $80 million in a Series B round led by 01 Advisors. The round was co-led by QED, Caffeinated Capital, Bling Capital, ScifiVC, Thomvest Ventures, Tusk Venture Partners, Invesco, and Gaingels.

BNPL Fintech in3 Secures $11.1m Series a From Finch Capital; Partners With Worldline of Offer Free BNPL Services

2 years 10 months ago
Fundraising News

Partnership: The Dutch fintech partners with global payments company Worldline to provide online and offline customers with BNPL offers at no fee for the end consumer Growth: in3 revenue has increased 300% year-on-year since 2018 as it scales reach and operations

Acorns Raises $300m After Abandoning Spac Plans

2 years 10 months ago
Fundraising News, FinTech StartUps

Acorns, the savings and investing app, has raised $300 million from private investors at a $1.9 billion valuation, after abandoning plans to go public via a Spac. According to CNBC, TPG led the Series F round, which included participation from BlackRock, Bain Capital Ventures, Galaxy Digital, and basketball star Kevin Durant's venture capital firm.

Lendable Raises £210 Million at £3.5 Billion Valuation

2 years 10 months ago
Fundraising News

Consumer finance platform Lendable, based in London, has raised £210 million in a funding round led by the Ontario Teachers' Pension Plan Board. Lendable, founded in 2014, connects global institutional investors and borrowers across all major product categories, including loans, credit cards, and auto finance.

Lloyds Bank invests £5 million in working capital platform Satago

2 years 10 months ago
Fundraising News, Banking

Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.The deal with Satago follows a competitive tender process and a six month trial of the technology. Once deployed it will introduce a new digitised proposition for lending to the bank's SME customers.

EMGA Advises Annapurna Finance on Their EURO 15M Debt Raise with Funding from OeEB

2 years 10 months ago
Fundraising News

Annapurna Finance raised EURO 15 mn of senior debt from OeEB the Development Bank of Austria, this facility will provide financial assistance to its clients in microfinance space. EMGA advised on the transaction. The EUR 15 million debt facility comes at a time when financial institutions world-wide are exploring new cross-border funding options to further deliver on their objectives.

Atlan Raises $50M Series B led by Salesforce Ventures, Sequoia and Insight to Build a Collaboration Hub for Data Teams

2 years 10 months ago
Fundraising News

After growing 10x in 2021, Atlan plans to leverage this financing to accelerate product development and invest in go-to-market. Atlan announced that it has closed its $50M Series B round led by Insight Partners, Salesforce Ventures, and Sequoia Capital India. Several founders in the data space participated in the round including Fivetran founder Taylor Brown and ThoughtSpot founder Ajeet Singh.

Brazilian Fintech Noh Raises $3m Seed Funding to Kick-start the Digital Age of ‘multi-player Finances’

2 years 10 months ago
Fundraising News

Automatic bill-splitting app wins backing from Kindred Ventures, Twitter co-founder Biz Stone and Monzo founder Tom Blomfield in its first funding round

04/03 – Weekly Investment & Fundraising News

2 years 10 months ago
Fundraising News

Fintech Delio secures $8.3 million growth funding led by Octopus Ventures to connect private markets on a global scale

Know Your Business Startup Detected Raises £1.5 million

2 years 10 months ago
Fundraising News, IT Innovations

CommerzVentures Closes €300m Third Fund

2 years 10 months ago
Fundraising News

CommerzVentures, the specialist fintech investor, announce their third €300m fund.

nSure.ai’s Real-time Fraud Prevention Intelligence Platform Raises $18M Series A to Revolutionize Business in the Virtual Economy

2 years 10 months ago
Fundraising News, Cryptocurrencies, Fraud Detection

Online retailers of FinTech products, cryptocurrencies, NFTs, games, and others sacrifice 30% of sales due to fraud suspicions. nSure.ai’s real-time fraud protection intelligence reduces decline rates by 90%, using merchant-specific data to approve up to 98% of transactions.