Brazilian QI Tech Secures $200M Series B Led by General Atlantic
- 1 year 1 month ago
- Fundraising News
Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by General Atlantic.
Insurtech Sprout.ai Raises £5.4 Million from Global Investors to Transform Claims Processing
- 1 year 1 month ago
- Fundraising News
AI-led insurance claims automation company, Sprout.ai, has raised £5.4 million in a round led by venture capital investors Amadeus Capital Partners and Praetura Ventures. UK investor Capricorn Capital Partners, US investor Forefront Venture Partners, Canadian investor Verstra Ventures and UK investor Portfolio Ventures Angel Fund join Sprout.ai’s existing investors, Octopus Ventures, Playfair and Techstars in the round.
Embedded Finance Secures Significant New funding, Positioning the Company for a Return to Growth
- 1 year 1 month ago
- Fundraising News
Embedded Finance (trading as Railsr) is pleased to announce that it has secured funding of $24M from existing investors including D Squared Capital and Moneta Venture Capital, reflecting their continuing confidence in the company’s growth potential and strategic vision. Dan Adler, Managing Director of D Squared Capital, said:
Canopy Connect Raises $6.5M Series A Led by Nevcaut Ventures
- 1 year 1 month ago
- Fundraising News
Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round. This notable round was spearheaded by Nevcaut Ventures and witnessed considerable participation from investors such as Elefund, Nimble Partners, LocalGlobe, 9Yards Capital, and Global FinTech Venture Partners, among others.
BBVA Spark Backs Twinco Capital with New €50 Million Debt Facility to Serve Growing Demand for Sustainable Supply Chain Finance
- 1 year 1 month ago
- Fundraising News
There is a staggering $2.5 trillion global trade finance gap that mainly affects SMEs in emerging countries, limiting their ability to access new business opportunities.
AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors
- 1 year 1 month ago
- Fundraising News
AgentSync, the leader in modern insurance infrastructure, today announced an additional $50 million fundraise, bringing the company's total funding to date to $161 million. The round was co-led by existing investors Craft Ventures and Valor Ventures. Since raising the Series B in Q4 2022, AgentSync has seen 3x ARR growth and more than 2x customer growth. AgentSync works with more than 200 insurance companies spanning carriers, MGAs, and agencies... more
Arteria AI Announces $30M Series B Led By GGV Capital U.S.
- 1 year 1 month ago
- Fundraising News
Arteria AI, the market-leading applied AI company building modern documentation infrastructure for institutional finance, today announced its oversubscribed $30 million Series B financing round led by GGV Capital U.S., with participation from all existing major investors, including Illuminate Financial, Information Venture Partners, BDC Capital and Citi. The round brings the company’s total funding to $50 million to date.
YouTrip Closes Record-Breaking US$50 Million In Series B Fundraise
- 1 year 1 month ago
- Fundraising News
YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and brings YouTrip’s total raised to $100 million since it launched in 2018.
UnaFinancial Seeks US$15M for its Digital Finance App in UAE
- 1 year 1 month ago
- Fundraising News
The digital finance app will become the first product in the Middle East for its parent company UnaFinancial, which has been developing fintech services in APAC and Europe since 2015. UnaFinancial has already provided initial funding for the startup. Now, it is looking to raise funds for the second round, which will cover internal IT development and marketing expenses. Additionally, the project is open for technology and business partnerships.
Aleph Raises $16.7M to Build Next-Gen Financial Planning and Analysis Platform
- 1 year 1 month ago
- Fundraising News
Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.
Kota Raises €5M Seed Led by EQT Ventures
- 1 year 1 month ago
- Fundraising News
Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5M Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures. Other notable investors include Job Van Der Voort of Remote.com, Romain Huet formerly of Stripe, now Open AI, David Clarke formerly of Workday and others in the oversubscribed round.
Triple-A Raises $10M Series A from Peak XV and Shorooq Partners to Be the Most Regulated Payment Institution for Digital Currency Worldwide
- 1 year 1 month ago
- Fundraising News
Global digital currency payment institution Triple-A announces their US$10 Million Series A funding round today. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of MENA’s leading technology investors.
Reward Secures Additional £50M Lending Facility to Bolster Support for SMEs Across the UK
- 1 year 1 month ago
- Fundraising News
Reward Finance Group, which provides SMEs with tailored business finance loans and asset-based solutions of up to £5m, has secured an additional £50m to its credit line from the alternative investment manager, Foresight Group. The opportunity will enhance its lending capabilities, fostering further business growth.
Latin American Fintech Startup Finerio Connect secures $6.5M
- 1 year 1 month ago
- Fundraising News
Finerio Connect, a Mexico City-based fintech startup, raised $6.5 million in new funding to continue development on its open finance platform providing access to personalized financial products and services. Nick Grassi and José Luis López, both co-CEOs, started the company in 2018 with the vision of enabling the compliant sharing and consumption of financial data and data analytics across Latin America.
Financial Transaction Data Startup Prism Data Raises $5 Million in Seed Funding
- 1 year 1 month ago
- Fundraising News
Prism Data, a leading cash flow underwriting and data analytics platform, announced today that it has raised $5 million in seed funding. This round was led by Obvious Ventures, with participation from Citi Impact Fund and Core Innovation Capital. Prism’s new funding follows previously announced strategic investment from Samsung Next.
