Knot Closes $10M Series A Led by Nava Ventures
- 1 year 3 months ago
- Fundraising News
Knot, the platform that enables card issuers to automatically switch saved payment methods at the request of their users, announced today a $10 million Series A raise led by Nava Ventures, with participation from Amex Ventures, Plaid, and 20+ world-leading CEOs and founders. The funding will be used to scale Knot’s services and accelerate the expansion of its merchant support.
Pockit Announces New Funding Round
- 1 year 3 months ago
- Fundraising News
Pockit has raised $10 million in a growth round from some new partners, Puma Private Equity, and The North East Development Capital Fund, managed by Maven Capital Partners and supported by the European Regional Development Fund.
Insurtech Startup Functional Finance Raises $8 Million in Seed Round
- 1 year 3 months ago
- Fundraising News
Functional Finance, a software platform that integrates and automates data and reporting functions for insurance companies, announced today that it has secured $8 million in seed capital, plus $2 million in SAFE notes for future equity investments, which will go towards product development and client relationships. The fundraising round was led by venture capital and growth equity firms New Enterprise Associates, Inc.
Orbital Raises £5M to Help Enterprises Realise the Potential of Blockchain Payments
- 1 year 3 months ago
- Fundraising News
Orbital, the London-based traditional finance and crypto solutions platform for global enterprises, has raised £5M ($6.4M) in an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.
Converge Insurance Raises $15 Million in Series A
- 1 year 3 months ago
- Fundraising News
Converge Insurance, pioneers in advanced cyber risk management and underwriting, announced $15 million in Series A funding from Forgepoint Capital. Forgepoint Managing Directors Don Dixon and Andrew McClure have joined the company’s Board of Directors as part of the financing.
HSBC Announces Plans for New Joint Venture with Tradeshift
- 1 year 3 months ago
- Fundraising News
HSBC and B2B fintech Tradeshift have today announced an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions and financial services apps.
FinTech Startup Finda Raises $37M in Series C
- 1 year 4 months ago
- Fundraising News
South Korean FinTech Finda, which operates as a prominent loan comparison platform in the nation, has successfully closed a $37m Series C funding round. Finda has secured $37m in this funding round, with significant investment coming from JB Financial Group and 500 Global, according to a report from FinTech Futures.
Archangels Secures £12M Co-investment Agreement with British Business Investments
- 1 year 4 months ago
- Fundraising News
Archangels, a leading business angel syndicate investing in early-stage Scottish life sciences and technology companies, is bolstering its funding firepower after securing a £12m co-investment agreement with British Business Investments via its Regional Angels Programme. The deal will provide the Edinburgh-based syndicate with additional capital to fuel the success of Scotland’s next generation of entrepreneurs and innovators.
Mercury Financial Has Closed a $200 Million Debt Facility to Drive Growth of its Credit Card Business for the Middle-Class
- 1 year 4 months ago
- Fundraising News
Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman. Mercury will use the funds to expand its credit card business and continue its mission of providing middle-class Americans responsible financial products to improve their lives.
GlossGenius Secures $28M in Series C Funding from L Catterton
- 1 year 4 months ago
- Fundraising News
GlossGenius, a platform designed to handle bookings and payments for salons and spas, today announced that it raised $28 million in a Series C funding round led by L Catterton with participation from Bessemer Venture Partners and Imaginary Ventures.
Croissant, a Fintech Platform Launches $24M in to Change the Future of Commerce
- 1 year 4 months ago
- Fundraising News
Croissant, a fintech platform with a mission to empower intentional commerce, launched today with $24 million in seed funding from a suite of top investors, including Portage and KKR co-founders George Roberts and Henry Kravis. Initial funding was used to accelerate Croissant’s MVP launch via a best-in-class founding team led by Co-Founder and CEO John Howard (formerly of KKR), Co-Founder and CTO John Klose (Amazon, PayPal), and Head of Product... more
Designed to Battle the Cost Of Living Crisis, Debt Prevention Platform, Superfi, Raises $1M
- 1 year 4 months ago
- Fundraising News
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis. The round was led by UK seed fund Ascension and its impact fund, Fair By Design, and includes Force Over Mass, and a number of other prominent investors.
Animoca Brands to Invest US$30 Million in hi, form Strategic Partnership
- 1 year 4 months ago
- Fundraising News
hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, subject to agreement of definitive terms, Animoca Brands will invest US$30 million in hi and collaborate on a number of exciting initiatives.
Immediate Closes a $16 Million Round of Growth Funding
- 1 year 4 months ago
- Fundraising News
Immediate, an earned wage access company, announced today a $16 million round of funding. These funds, split between growth equity and a working capital facility, will enable Immediate to accelerate its growth trajectory in the workplace financial health sector.
Ennabl Raises $8M In Series A Fundraising Round
- 1 year 4 months ago
- Fundraising News
Ennabl, a leading Insurtech data analytics platform, is proud to announce the successful completion of its Series A funding, which has raised $8M. This funding will accelerate the company's growth and expand its market reach.
