Akur8 Raises Another $25M and Introduces New Investor FinTLV
- 1 year 2 months ago
- Fundraising News
Akur8, the next-generation insurance pricing solution powered by Transparent AI, has closed a new funding round of $25m, bringing its total funding to $60+m. This latest investment round closed four years after Akur8 first commercialized its platform and introduces a new investor, FinTLV, a global Insurtech and fintech venture capital fund based in Tel Aviv. Besides FinTLV, Guidewire Software, Inc. is also investing in this round, together with... more
Indian FinTech CredRight Raises $9.7M
- 1 year 3 months ago
- Fundraising News
FinTech startup, CredRight, based in Hyderabad, has successfully raised approximately $9.7m, a combination of both equity and debt.
Bank-verified Digital Identity Service OneID Raises £1 Million from ACF Investors
- 1 year 3 months ago
- Fundraising News
OneID, the UK’s only provider of bank-verified digital identification services, has secured £1 million in new funding from ACF Investors. The investment will be used to further develop its product and bolster its mission to make the world a safer place by helping people prove who they are online easily and securely.
MoonPay Launches Early-stage Venture Arm to Fuel Innovation
- 1 year 3 months ago
- Fundraising News
MoonPay – the world’s leading Web3 infrastructure company – today announced the launch of its investment arm, MoonPay Ventures. The new division enables MoonPay to collaborate with and support trailblazing startups to drive industry-wide value and onboard the world to Web3.
Instant Financial Secures Funding to Propel Payday Revolution
- 1 year 3 months ago
- Fundraising News
Instant Financial, a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a leading fintech-focused venture capital firm, and an original investor in Instant.
African Fintech Zanifu Secures New Funding Round
- 1 year 3 months ago
- Fundraising News
Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.
Dubai-based FinTech MALY Raises $1.6M in Seed Round
- 1 year 3 months ago
- Fundraising News
MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card. The funds were secured from a consortium of renowned GCC-based angel investors, reflecting their belief in the start-up’s vision to reshape financial wellness in the UAE and broaden its reach to other regional markets.
Irys Insurtech, Inc. the Revolutionary Insurtech Challenger, Closes $3.5 Million Seed Round to Take on Legacy Competitors
- 1 year 3 months ago
- Fundraising News
Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems.
Canadian Fintech LemFi Raises $33 Million
- 1 year 3 months ago
- Fundraising News
LemFi, a leading fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane Capital. Other investors included Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree.
Turkish FinTech Craftgate Secures $1M to Revamp Payment Solutions
- 1 year 3 months ago
- Fundraising News
Craftgate Technology, a “One-Stop Shop” payment orchestration platform, announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading, a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.
Ramp Announces $300 Million in New Funding to Accelerate Expansion
- 1 year 3 months ago
- Fundraising News
Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D on the back of strong revenue growth, rapidly increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year. The company will use this capital to further fuel its industry-leading pace of product development and accelerate its expansion into adjacent... more
Translucent, the Accounting & Financial Management Platform for Multi-Entity Businesses, Raises £5M Seed Round
- 1 year 3 months ago
- Fundraising News
Translucent, the accounting platform solving the financial management problems of multi-entity and multi-national businesses, has raised a £5M seed round co-led by Chalfen Ventures and LocalGlobe.
Finastra Secures a Massive $5.3B Debt Financing
- 1 year 3 months ago
- Fundraising News
Finastra, a FinTech enterprise owned by Vista Equity Partners, has successfully secured a groundbreaking private loan package. This colossal amount of $5.3bn is being provided by renowned private lenders, notably Oak Hill Advisors, Blue Owl Capital, and HPS Investment Partners, as detailed in a recent Bloomberg report.
Cynergy Bank Secures £20M Tier 2 Capital Facility from British Business Investments
- 1 year 3 months ago
- Fundraising News
Cynergy Bank today announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed across Cynergy Bank and Cynergy Business Finance.
ZetaChain Raises $27M for Interoperable Layer-1 Blockchain That Connects All Chains, Including Bitcoin, Cosmos, and Ethereum
- 1 year 3 months ago
- Fundraising News
ZetaChain, the layer-one blockchain that brings universal interoperability to crypto, has closed a $27 million equity funding round from a range of top participants. The participants in the equity round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.
