YouLend, Castlelake Partner To Expand US SMB Funding To $1B
- 4 weeks 1 day ago
- Fundraising News
YouLend, a global embedded financing platform today announces that it has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit. The new facility broadens YouLend's investor base in the US and increases YouLend's available capital which has the potential to now extend over $1 billion in revenue-based financings to US SMBs over a three year period.
Announcing Finix’s $75M Series C
- 4 weeks 1 day ago
- Fundraising News
Finix, the full-stack payment processor enabling businesses to accept and send payments online and in-store, today announced it has raised $75 million in Series C funding, led by Acrew Capital and co-led by
Authologic Secures $8.2M Series A To Fight AI-Driven Identity Fraud With Global E-ID Hub
- 4 weeks 1 day ago
- Fundraising News
Authologic, a global digital identity verification platform, streamlining KYC and AML processes with secure e-ID solutions to combat fraud and meet compliance, has announced an $8.2 million Series A funding round.
Moneybox Announces New £70M Investment, Secondary Share Sale & Valuation Of £550M
- 1 month 15 hours ago
- Fundraising News
Moneybox, the award-winning saving and investing platform in the UK, has today announced Apis Global Growth Fund III, a prominent investor in high-growth, impactful global financial services and technology businesses, and Amundi, Europe’s leading asset manager, have joined its investor base.
Arab Financial Services Secures $50 Million Capital Injection
- 1 month 1 day ago
- Fundraising News
Arab Financial Services (AFS), a pioneering digital payments solutions provider and fintech enabler in the Middle East and Africa, has raised $50 million in capital. This strategic investment, approved by AFS shareholders at an Extraordinary General Meeting earlier this year, will significantly enhance the company's financial position and catalyze its ambitious growth plans.
Tebi – From the Ex-CTO / Co-Founder of Adyen – Raises €20 Million for Its Retail and Hospitality Operating System
- 1 month 6 days ago
- Fundraising News
Tebi, the startup that is building an all-in-one operational platform, has raised €20 million in funding. The Series A round, led by Index Ventures, is the first institutional investment the company has taken since its founding three years ago, and reflects Tebi’s growth. The goal is to bring enterprise-level capabilities to the world of independent businesses with the intuitive experience of a consumer app.
TBC Bank Uzbekistan Secures Further $10M Credit Facility from responsAbility
- 1 month 1 week ago
- Fundraising News
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, has secured a new $10 million credit line from Switzerland-based impact asset manager responsAbility Investments AG.
Omnea Raises $20M Series A
- 1 month 1 week ago
- Fundraising News
Omnea, the AI-powered procurement orchestration and supplier risk management platform, has raised $20M in Series A funding to make procurement painless and give companies greater control over their spend. Accel led the round, with participation from existing investors First Round Capital and Point Nine, who led the previously unannounced $5M seed round. Omnea is also backed by angel investors David Clarke (former CTO of Workday), Claire Hughes... more
Axyon AI Secures Further €2.1 Million For Investment Round Totaling €6 Million
- 1 month 1 week ago
- Fundraising News
Axyon AI, a pioneering Italian AI fintech company which improves asset manager performance by delivering alpha opportunities via AI-based rankings and AI model strategies, has successfully closed a further €2.1 million in funding.
COVU Secures An Additional $12.5 Million In Series A Funding
- 1 month 1 week ago
- Fundraising News
COVU, Inc., a leader in AI-native services for insurance agencies, today announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from prominent investors including
Numeric Raises $28M to Build the Next-Gen Financial Data Platform
- 1 month 1 week ago
- Fundraising News
Numeric is thrilled to announce that it has successfully raised a $28 million Series A funding round, led by Menlo Ventures, with participation from new investors IVP and Socii Capital, along with continued support from existing investors Founders Fund, 8VC, Long Journey, Friends & Family Capital, and Access Industries.
Acquired.com Fuels Further Growth With Capital Raise and Strategic Leadership Hire
- 1 month 1 week ago
- Fundraising News
Acquired.com, the next generation payments business powering recurring commerce, has today announced the appointment of industry leader Eline Blomme as Chief Strategy and Product Officer. Holding an MBA from Warwick Business School, Blomme brings a wealth of experience from her role as Vice President at TrueLayer, where she was responsible for tailoring their Open Banking products for the eCommerce market. Prior to TrueLayer, Blomme spearheaded... more
Imprint Raises $75 Million Series C
- 1 month 1 week ago
- Fundraising News
Imprint, the leading provider of modern co-branded credit cards, today announced it has raised $75 million in a Series C financing led by Keith Rabois at Khosla Ventures, with participation from existing investors including Thrive Capital, Kleiner Perkins, and Ribbit Capital. This latest financing round elevates Imprint’s valuation to $600 million, reflecting its continued momentum following several recent partnerships with leading brands.
Lendbuzz Completes $262 Million Asset-Backed Securitization
- 1 month 1 week ago
- Fundraising News
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
Farther Secures $72 Million Series C From CapitalG and Viewpoint Ventures to Continue Revolutionizing Wealth Management
- 1 month 1 week ago
- Fundraising News
Farther, the leading technology-centric financial advisory firm, closed a $72 million Series C funding round to expand its advisor network and enhance its wealth management platform. Co-led by CapitalG, the independent growth fund of Alphabet (Google’s parent company), and Viewpoint Ventures, this funding round elevates Farther’s post-money valuation to $542 million.
