Indonesian FinTech Startup FLIK Raises $1.1M in Pre-seed
- 1 year 11 months ago
- Fundraising News
FLIK, an Indonesian FinTech platform that offers a unified checkout solution, has reportedly secured $1.1m in its pre-seed funding round. The investment was led by East Ventures, according to a report from East Ventures is a sector-agnostic venture capital firm that has backed over 250 tech companies in Southeast Asia. Other commitments to the round came from Init-6, GMO VenturePartners and Saison Capital.
Fintech Startup, Prograd Raises $2.5M Seed Round to Promote Financial Literacy for Gen-Z
- 1 year 11 months ago
- Fundraising News
Prograd, the fintech startup dedicated to helping young people understand finance, has today announced its $2.5m seed round. The company, founded by two recent university graduates in London, is a platform allowing users to set up financial goals and find personalised paths to either earn, save or borrow their way to their goals - to promote financial literacy for Gen-Zers.
Australian Fintech Grapple Scores $35M Debt Facility
- 1 year 11 months ago
- Fundraising News
Australia-based Grapple, which offers working capital loans to SMEs, has reportedly collected $35m in a warehouse debt facility from Sydney-based financier Global Credit Investments (GCI).
Indian Fintech KreditBee Nears $700 Million Valuation with Additional Funding Round
- 1 year 11 months ago
- Fundraising News
Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market.
Neobanking Platform Jupiter Raises $3M in Debt Financing Round
- 1 year 11 months ago
- Fundraising News
India-based neobanking platform Jupiter has reportedly snared INR 25 crore ($3m) in debt from Alteria Capital.
Fello Raises $4 Million to Bring Gamified Savings for the Indian Zillennials
- 1 year 11 months ago
- Fundraising News
Fello, India’s first gamified savings platform, designed for the Gen-Zs and young millennials of India, has raised $4 million in their latest funding round led by US-based Courtside Ventures, with participation from, Entrepreneur First, Ycombinator, Kube Venture and Upsparks. Angel investors, Kunal Shah, Founder of Cred, Lalit Keshre, Co-founder of Groww, Charlie Songhurst, Dafeng and Alan Rutledge participated in this round.
Investment Firm Manafa Lands $28M Series A
- 1 year 11 months ago
- Fundraising News
Manafa, the leading debt and Investment company, announced the closing of its Series A round of SAR106 million ($28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco.
Indian Fintech Startup Money View Raises $75M in Series E
- 1 year 11 months ago
- Fundraising News
Despite the market downturn, Indian fintech Money View announced on Monday that it has received $75 million in a fresh investment round, its second this year, as it seeks to scale its core credit business and develop additional products for the South Asian market.
Akulaku Announces $200 Million Investment from MUFG
- 1 year 11 months ago
- Fundraising News
Akulaku ("the Company"), a leading banking and digital finance platform in Southeast Asia, today announced a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG). The investment provides additional support for Akulaku's projected growth as it advances towards its mission of providing banking services across Southeast Asia with an emphasis on reaching underserved customers and markets.
Recognise Bank Secures £25M Investment to Increase Loan Book and Develop New Products
- 1 year 11 months ago
- Fundraising News
Digital SME lender and savings provider Recognise Bank has conditionally raised a further £25 million in investment from its group's largest shareholder. The fresh investment will be used to support Recognise’s commercial lending and to fund the continued development of new products and technology for SMEs.
LumiShare Secures $3.2M Led by His Highness MBA Al Nahyan from Abu Dhabi Royal Family for its Uncorrelated-asset-backed Crypto Platform
- 1 year 11 months ago
- Fundraising News
LumiShare, a blockchain-based digital asset management ecosystem, previously known as IllumiShare, raises $3.2 million led by His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi royal family in the early stages of its Abu-Dhabi-licensed $SRG token presale. The money raised will be used to buy gold reserves that will be stored in a safe room at a bank in Abu-Dhabi and in full transparency.
QuantCube Technology Raises Series B Funding to Support Growth in Economic Nowcasting, Harnessing AI and Big Data Analytics
- 1 year 11 months ago
- Fundraising News
Real-time economic intelligence provider QuantCube Technology today announced that it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council, together with previous backers Moody’s and Five Capital, and other private investors.
London Fintech Updraft Raises £108M in Debt and Equity to Power 2023 Growth
- 1 year 11 months ago
- Fundraising News
Financial habit-forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members. The senior debt funding round of £100 million was led by NatWest, with Hampshire Trust Bank also joining to create a £160m senior debt facility for the business.
OneBanx Successfully Raised £1,250,000 on Crowdcube
- 1 year 12 months ago
- Fundraising News
Shared bank branch operator OneBanx has closed on a £1.27 million raise on Crowdcube.
Fintech Firm MoneyyApp for Solopreneurs Raises Undisclosed Amount from AngelList’s Early-Stage Quant Fund
- 1 year 12 months ago
- Fundraising News
MoneyyApp, a Fintech platform empowering small businesses, digital native solopreneurs and creators in India, has raised an undisclosed amount in pre-seed round from AngelList Early Stage Quant Fund. MoneyApp would use the funds to expand its operations, increase product development and create awareness around the app to get more creators and solopreneurs into its network.
