ModernFi Raises $18.7M Series A to Power Deposit Growth at Community and Regional Banks
- 10 months 1 week ago
- Fundraising News
ModernFi announced today that it has closed an $18.7 million Series A funding round to bring its tech-forward platform to community and regional banks to help them grow, retain, and manage their deposits.
Singapore-based bluesheets Secures Series A Funding of $6.5M
- 10 months 1 week ago
- Fundraising News
bluesheets, a Singapore-based AI automation software company, has raised US$6.5M in a Series A funding round. As reported in Forbes, the investment, led by Illuminate Financial will be instrumental in advancing bluesheets' proprietary AI capabilities, propelling them to help more clients digitize and automate their processes to stay competitive in the era of AI.
HeavyFinance Secures €50M in European Agricultural Loans
- 10 months 1 week ago
- Fundraising News
HeavyFinance, a leading climate tech investment marketplace, has successfully financed €50 million in agricultural loans across Europe. This significant sum has been allocated across the current markets where HeavyFinance operates, including Bulgaria, Latvia, Lithuania, Poland, and Portugal.
Mondu Secures Additional €30M Debt Financing Round from VVRB for Continued European Expansion
- 10 months 1 week ago
- Fundraising News
Mondu, the fast-growing B2B payments company, has raised an additional €30M in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB). The financing will enable Mondu to expand across Europe in 2024.
Silverfort Raises $116M to Deliver a Unified Layer of Identity Security Across All Enterprise Resources, Including Previously ‘Unprotectable’ Ones
- 10 months 1 week ago
- Fundraising News
Silverfort, the leading identity protection company, today celebrates raising $116M in series D funding, bringing the total amount raised to $222M. Brighton Park Capital (BPC) led the round, with participation from existing investors including Acrew Capital, Greenfield Partners, Citi Ventures, General Motors Ventures, Maor Investments, Vintage Investment Partners, and Singtel Innov8.
Axyon AI Secures €3,9 Million
- 10 months 1 week ago
- Fundraising News
Axyon AI, a pioneering Italian AI fintech company, has closed its latest funding round led by the US-based venture capital firm Montage Ventures and accompanied by Techshop SGR, alongside other angel investors. The round marks a new chapter in Axyon AI's journey towards revolutionizing the Asset Management industry with cutting-edge AI technology.
WealthKernel Secures £6 Million in Series A Extension Funding
- 10 months 1 week ago
- Fundraising News
WealthKernel, a wealthtech provider of digital investment solutions, today announces that it has secured an investment of £6 million in a Series A extension round led by ETFS Capital. The round also saw the participation of other prominent investors, including XTX Ventures, the venture capital arm of leading algorithmic trading company XTX Markets.
FundPark Upsizes Landmark Financing Deal of Up to $500 Million from Goldman Sachs
- 10 months 1 week ago
- Fundraising News
FundPark, a leading fintech company delivering insights and capital to help fast-growth digital entrepreneurs capture their future growth, announced the closing of a landmark asset-backed securitisation facility of up to $500 million. Goldman Sachs acted as the arranger and senior lender.
Flowdesk Raises $50m Series B, led by Cathay Innovation
- 10 months 1 week ago
- Fundraising News
Flowdesk, a full-service digital asset trading technology firm, today announces its $50 million Series B, led by Cathay Innovation along with the participation of Cathay Ledger Fund, Eurazeo, ISAI, Speedinvest, BPI and Rip
Tandem Receives $3.7M in Seed Funding
- 10 months 1 week ago
- Fundraising News
Tandem, the fintech app for modern couples, is changing the way shared finances are managed. Co-founders Michelle Winterfield and Daniel Couvreur, both finance professionals, identified the challenges faced by unmarried couples when combining their financial lives. As more couples are choosing to marry later, there is a reluctance to fully merge finances, yet a desire to enjoy the benefits. Tandem was launched in August 2023 as a subscription-... more
Fintech Tint Financial Services Hits $20M Funding Milestone within 6 Months of Trading
- 10 months 1 week ago
- Fundraising News
London-based Tint Financial Services, a cross-border fintech committed to streamlining and improving trade for SMEs and their supply chains, has achieved a remarkable milestone. Despite launching only six months ago, the company announced that it has successfully facilitated the global flow of goods valued at USD 20 million (£15 million).
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
- 10 months 1 week ago
- Fundraising News
DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.
Vertice Secures $25 Million Series B to Help Finance Teams Control Their SaaS and Cloud Spend
- 10 months 1 week ago
- Fundraising News
Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning-fast revenue growth. The company has now raised $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.
Digital Onboarding Raises $58M
- 10 months 1 week ago
- Fundraising News
Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from Boston-based growth equity firm
Kashable Closes $25.6M Series B Funding to Expand Financial Wellness Solutions for Employees
- 10 months 1 week ago
- Fundraising News
Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million. The round was co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures.