PhonePe Raises Growth Funds at a $12 Billion Valuation, Led by General Atlantic
- 1 year 10 months ago
- Fundraising News
PhonePe, one of India’s largest fintech platforms, today announced it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion. The General Atlantic investment marks the first tranche of an up to $1 billion total fundraise that PhonePe has commenced in January 2023. Another new marque global and Indian investors have already been signed up for the second tranche, which... more
Pilon Raises $5.2 Million in Seed Round
- 1 year 10 months ago
- Fundraising News
Pilon, a Singapore-headquartered FinTech firm that offers a cloud-based Supply Chain Financing system, announced today that it has successfully raised a seed round of USD 5.2 million (both debt and equity). Wavemaker Partners led this round, with participation from Octava Pte Ltd and Polaris Kin Pte Ltd.
Core10 Secures $6.5 Million in Series B Funding Round
- 1 year 10 months ago
- Fundraising News
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services, today announced the close of a $6.5 million Series B funding round to support the expansion of its Accrue platform and banking integration services.
nsKnox Raises $17M for its Bank Account Verification Services
- 1 year 10 months ago
- Fundraising News
nsKnox, which offers bank account verification and B2B payment security, has scored $17m in its latest batch of funding. First-time nsKnox backers Link Ventures and Harel Insurance & Finance took a significant part in the round. Existing nsKnox investors M12, Viola Ventures, and Alon Cohen, nsKnox’s founder and CEO, also joined the round.
Ascendant Announces New Strategic Business Investment from Battery Ventures
- 1 year 10 months ago
- Fundraising News
Ascendant, an international provider of cross-border business payment solutions and a financial technology company, today announced that Battery Ventures, a global, technology-focused investment firm, has agreed to make a significant investment in the company.
Obligate (formerly FQX) Announces Seed Extension Round with Blockchange Ventures, Circle Ventures, SIX Fintech Ventures and Earlybird to Advance Regulated DeFi
- 1 year 10 months ago
- Fundraising News
Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, allowing them to scale their blockchain-based platform for bonds and commercial paper. Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech Ventures – bringing the total seed raise to more than $8.5 million.
Anyfin Raises $30 Million in Series C
- 1 year 10 months ago
- Fundraising News
Anyfin, a Swedish startup that offers to refinance consumer loans and credit card debt using a combination of artificial intelligence and a photo of the current statement and repayment terms, has bagged $30 million in a Series C round led by existing investor Northzone.
Cybersecurity Startup Blackpanda Raises US$15M
- 1 year 10 months ago
- Fundraising News
Singapore-based cybersecurity company Blackpanda has raised $15m for its Series A, which was co-led by Primavera Venture Partners and Gaw Capital Partners. With the capital, Blackpanda plans to expand its technology-enabled cybersecurity services, including digital forensics and incident response. The CyberTech will also continue the development of its AI and machine learning cybersecurity InsurTech platform.
Singapore VC Blockchain Founders Raises $75M for New Fund
- 1 year 11 months ago
- Fundraising News
Blockchain Founders Fund, announced the principal close of BFF II. The $75m fund saw participation from notable investors from across the blockchain and crypto industry as well as many reputable family offices from around the world.
Danish Neobank Raises EUR 12 Million to Expand Business Lending and Platform Development
- 1 year 11 months ago
- Fundraising News
kompasbank, the youngest bank in Denmark, raised EUR 12 million in new funding. The SME focused neobank has now raised more than EUR 40 million in capital since receiving the banking licence from the Danish FSA in March 2021.
Fast-Growth B2B Payments Company Mondu Secures $13m Series A Extension for Continued International Expansion
- 1 year 11 months ago
- Fundraising News
B2B payments company Mondu has today announced a $13m Series A extension round led by Valar Ventures alongside FinTech Collective. The new investment follows an impressive first year for Mondu, where the company scaled fast, expanded into new markets and launched more products that simplify the financial lives of businesses.
InvestSky Raises a Total of $3.4M in Pre-Seed Round
- 1 year 11 months ago
- Fundraising News
InvestSky, a social investing platform for retail investors, has secured $3.4m in its pre-seed funding round, to support its mission of making investing more inclusive. Emkan Capital, an investment firm focused on technology companies, served as the lead investor. Other backers included S3 Ventures, Al-Romaizan Family office, Jahez deputy CEO Mishal Al-Mishari and other angel investors.
actyv.ai® Raises Total $12M as Part of Pre-Series A
- 1 year 11 months ago
- Fundraising News
Singapore-based B2B BNPL and insurance player actyv.ai has collected $12m in its pre-Series A funding round, as it explores global expansion efforts. The investment was backed by 1Digi Ventures, Singapore, which is the family office of Raghunath Subramanian. Subramanian is also the founder and global CEO of actyv.ai.
e.pop Surpasses $2 Million in Funding with Seed Round to Transform Retail
- 1 year 11 months ago
- Fundraising News
The New York City-based fintech start-up has an office in London and a presence in the Middle East, and has developed a two-sided platform connecting consumers and retail merchants via a smart digital receipt. The e.pop ecosystem delivers merchants and partners uniquely granular insights into consumer behaviour as well as new channels by which to engage, advertise and market to existing and new shoppers.
Swiss Fintech Relio Raises €3M
- 1 year 11 months ago
- Fundraising News
Relio, a Swiss SME banking startup founded by Lav Odorovic, the co-founder of German digital bank Penta, has raised €3 million. Relio is launching a digital payment account for business customers founded on a platform built to overcome the regulatory and compliance barriers that hamper similar ventures.
