Penfold Launches New Crowdfund to Accelerate Growth
- 9 months 6 days ago
- Fundraising News, Crowdfunding
Penfold, the digital pensions provider, today announced the launch of its latest crowdfunding round, following a period of significant growth. The early access launch is now open and individuals can register for this via Penfold’s crowdfunding page, with the round opening to the general public on February 27th. Penfold’s last crowdfund in 2022 sold out just hours after going live.
Napier AI Lands £45M Backing from Crestline Investors
- 9 months 6 days ago
- Fundraising News
Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that it has received a significant investment from
Monite Targets the US Market, Adding $6M to Its Seed Round with Lead Backing from Valar Ventures and Third Prime
- 9 months 1 week ago
- Fundraising News
API-first fintech Monite, providing hassle-free finance automation for B2B platforms, has secured a $6M top-up round, bringing its total seed funding to $16M. The round was co-led by Valar Ventures and Third Prime, with continued support from existing investors. The company intends to use the funds to consolidate its position as a European embedded finance leader and to expand its footprint in the US.
KYND Secures New Funding to Advance Cyber Risk Management
- 9 months 1 week ago
- Fundraising News
KYND, a leading provider of cyber risk management solutions, has today officially disclosed a substantial investment in the business to propel expansion and further growth. The investment comes from Verisk, a leading global data analytics and technology provider, and existing backer BGF, one of the largest and most experienced growth capital investors in the UK and Ireland.
Finom Secures €50M in Series B Funding to Empower SMEs and Entrepreneurs
- 9 months 1 week ago
- Fundraising News
Finom, an Amsterdam-based leading digital banking solution for SMEs and entrepreneurs, has announced a €50M Series B funding round. The round led by General Catalyst and Northzone, with participation from existing investors including Cogito Capital, Entrée Capital, FJLabs, s16vc, and Target Global, bringing FINOM’s total raised capital to over €100M.
Bold Secures $50M in Series C Funding Round Led by General Atlantic
- 9 months 1 week ago
- Fundraising News
Bold has raised $50 million in Series C funding led by existing investor General Atlantic, a leading global growth investor, with participation from the International Finance Corporation (IFC), a member of the World Bank Group. Existing investors InQLab and Amador also participated in the round. With this new funding, Bold plans to bolster its product roadmap and offerings, as well as continue its focus on business expansion while deepening its... more
PayPal Ventures Co-Leads Rasa’s $30 Million Series C Funding Round
- 9 months 1 week ago
- Fundraising News, Investment
Rasa, the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.
Leading Payments Platform Receives Significant Growth Equity Investment from Questa Capital
- 9 months 1 week ago
- Fundraising News
PatientFi, a company offering medical practices a comprehensive technology suite of payment and subscription solutions to help patients pay for elective procedures, today announces the closing of a significant growth equity financing led by new investor
Parlay Raises $1.3M to Offer Inclusive Access to Financial Resources for Small Businesses
- 9 months 1 week ago
- Fundraising News
Parlay, the first-of-its-kind small business loan readiness platform, today announces the close of $1.3 million in pre-seed financing led by Fenway Summer. Other firms investing in the round include Hivers and Strivers Capital, Service Provider Capital, Capacity Capital, and Alumni Ventures, together with a follow-on investment from Techstars.
Float Secures $37 Million in Financing to Accelerate Growth
- 9 months 1 week ago
- Fundraising News
Float, one of Canada’s fastest-growing fintechs, has kicked off 2024 with an aggressive expansion plan and the backing of a C$50 million credit facility in partnership with Silicon Valley Bank (SVB), a division of First Citizens Bank.
Insurtech Startup Cake Secures $1.3M in Pre-seed Funding
- 9 months 1 week ago
- Fundraising News
Cake, a transactional marketplace designed for independent insurance agents, has announced the completion of a $1.3M pre-seed funding round led by venture capital company Markd.
Fordefi Secures $10M and Launches Wallet-as-a-Service
- 9 months 1 week ago
- Fundraising News, E-Wallets
Fordefi, a financial technology company, today announced a $10 million seed-extension round. Fordefi’s goal is to continue fueling web3 adoption as they launch their wallet-as-a-service (WaaS) offering that enables exchanges, fintechs, and web3 businesses to offer their users a secure, user-owned wallet, directly within their applications.
Insurtech Startup Buddy Backs $7M in Latest Funding Round from 49 Investors
- 9 months 2 weeks ago
- Fundraising News
Buddy has secured a significant boost in funding, raising $7m from 49 investors, to bring its total funding to $8m. The recent funding round was closed in mid-January, and it saw notable investors: Sequoia Capital, Plug and Play, and Atypical Ventures contributing to Buddy’s growth trajectory. The initial sale of the round commenced in March 2023, indicating sustained investor interest over time.
Cascading AI Secures $3.9 Million in Pre-Seed Funding
- 9 months 2 weeks ago
- Fundraising News
Cascading AI, a cutting-edge fintech startup founded by alumni of Stanford University and Y Combinator, is thrilled to announce the successful completion of its $3.9 million pre-seed funding round to unlock $1 trillion in value of advanced AI for the global banking industry Casca, the flagship product of Cascading AI, is revolutionizing the lending landscape as the first AI-native Loan Origination System.
Traive Secures $20M in Venture Funding
- 9 months 2 weeks ago
- Fundraising News
Traive, a company operating at the intersection of agriculture and financial technology, has successfully secured a $20m investment, marking a significant milestone in its journey. The funding round was led by Banco do Brasil through the BB Impacto ASG I Fund, managed by Vox Capital.