Fundraising News

Fintech Platform Vegapay Secures $1.1M in Pre-seed Round

1 year 3 months ago
Fundraising News

Vegapay, a digital lending and card management platform, has successfully secured $1.1m in a pre-seed funding round. This round saw participation from a consortium of investors, including Eximius Ventures, DSP HMK, Capri Global, Upsparks Capital, MGA Ventures, Climber Capital, and individuals such as Arun Venkatachalam from Murugappa Group and Pratekk Agarwaal, a General Partner at GrowthCap Ventures.

Finofo Secures $1.25M Pre-seed Round

1 year 3 months ago
Fundraising News

Canadian financial technology start-up Finofo has emerged with a vision to streamline the often complex world of foreign exchange (FX). Today, the company, co-founded by Charles Maranda, Prateek Sodhi, and Malav Shah, has announced a groundbreaking platform that aims to provide businesses with a more transparent, efficient, and cost-effective method for handling cross-border transactions.

BitGo Raises $100M in Series C Funding

1 year 3 months ago
Fundraising News

BitGo, the “leading regulated custodian in over 50 countries” and responsible for processing “20% of all on-chain Bitcoin transactions by value”, has announced today a considerable achievement. The company successfully raised $100m in their Series C financing round.

Linera Blockchain Raises Additional $6M for its Microchain Design Evolving from Meta’s Novi Research

1 year 3 months ago
Fundraising News

Linera, the first blockchain network scalable via microchains, has successfully closed an additional $6M round, led by Borderless Capital. Founded by Mathieu Baudet, former Meta researcher on the Novi digital payments wallet and a cryptographic protocols specialist, Linera’s pioneering technology aims to bring web2 scalability to web3 applications by introducing an unlimited number of user chains powered by an elastically scalable network.

Mexican Fintech Klar Secures $100 Million Debt Facility from Victory Park Capital

1 year 3 months ago
Fundraising News

Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The financial support from VPC will propel Klar during a moment of transformative growth for the company, as it expands product offers that provide Mexicans with enhanced access to reliable,... more

SureIn Secures €4M to Close the SMB Insurance Gap

1 year 3 months ago
Fundraising News

Berlin-based InsurTech startup SureIn has closed a €4M Seed round for its mission to provide end-to-end insurance solutions to small and medium-sized businesses (SMBs).

Xverse Raises $5 Million in Seed Funding Round Led by Jump Crypto

1 year 3 months ago
Fundraising News

Xverse, a Bitcoin Web3 wallet, including NFTs through a method called Ordinals, has secured significant backing in its latest seed round. The company raised $5m in a seed round that was led by prominent industry investor Jump Crypto.

Moove Raises $76M with Investment from Mubadala and BlackRock

1 year 3 months ago
Fundraising News

Moove, the world's first mobility fintech, announces today that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve months.

Endowus Grows Wealthtech Leadership in Asia with New US$35M Fundraise

1 year 3 months ago
Fundraising News

Endowus, Asia’s leading digital wealth platform has raised US$35 million in its latest funding round. New investors include Citi Ventures and MUFG Innovation Partners, as well as four of Asia’s wealthiest families with various operating businesses spanning banking to real estate across Singapore, Southeast Asia, and Greater China including Hong Kong.

Resilience Raises $100M Series D Round, Led by Intact Ventures

1 year 3 months ago
Fundraising News

Resilience today announced a $100M equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched earlier this year. The Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed Venture Partners, as well as General Catalyst and Founders... more

World’s First Islamic Fintech Focused on Giving Access to Global Private Funds, Completes its Pre-seed Funding Round

1 year 3 months ago
Fundraising News

Digital investment platform Mnaara has completed a US$500,000 pre-seed round funded by investors from the UK, US, Middle East and Singapore. The round will enable Mnaara to grow its team and continue developing its Shariah-compliant investment solutions catering to the globally underserved mass-affluent market.

SumUp Secures New US$100 Million Credit Facility from Victory Park Capital to Accelerate its Merchant Cash Advance Product

1 year 3 months ago
Fundraising News

Global fintech company SumUp announced today that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp to provide advance payments to merchants based in the UK in the immediate term and in other European markets in the near future.

Chargeflow Announces Funding from OpenView, Bringing the Total Raised to $14M

1 year 3 months ago
Fundraising News

Chargeflow’s mission has always been to simplify and increase profitability for online merchants, retailers, and companies processing online payments. Our ethos has been that businesses should focus on serving their customers, building better products and providing better experiences. We don’t think preventing fraud, fighting chargebacks and dealing with time-consuming and profit-diminishing regulations should be one of the focus points for... more

Micro Connect Completes US$458M Series C Funding

1 year 3 months ago
Fundraising News

Micro Connect announced it has completed a capital raise of US$458 million in its Series C funding round, with broad-based participation from a diverse group of new and existing investors from Europe, North America, the Middle East, and Greater China, including leading long-only investment managers, private equity and venture funds, university endowments, internet platforms, and consumer retail groups.