Automotive Fintech Start-up Backed by Revo Capital, Autotech Ventures and InMotion Ventures Raises £26 Million in Series A Extension Round
- 2 years 1 week ago
- Fundraising News
Car repairs payment platform www.bumper.co.uk has raised £26.1 million ($30 million) in investment from its Series A extension round, with automotive giants and venture capitals Autotech Ventures, InMotion Ventures (the investment arm of Jaguar Land Rover), ITOCHU and Revo Capital investing in the automotive fintech start-up.
Strategic Risk Associates (SRA) Raises $12M in Series B Funding Led by EJF Capital, JAM FINTOP and FINTOP Capital
- 2 years 1 week ago
- Fundraising News
Strategic Risk Associates (SRA), a leading provider of integrated risk and performance management SaaS technology (WatchtowerTM) for the Financial Services and Insurance Industry, today announced the closing of a $12 Million Series B capital raise.
Kiln Announces €17 Million in Funding to Expand Staking Offering
- 2 years 2 weeks ago
- Fundraising News
Today, Kiln announced the close of a €17 million financing round to expand their market-leading staking infrastructure product range.
Atom Bank Raises £30M to Fuel Lending and Further Growth
- 2 years 2 weeks ago
- Fundraising News
BBVA, Toscafund, and Infinity Investment Partners have agreed to invest £30 million in equity to Atom Bank to power lending and growth. Atom Bank previously raised £75 million in February, making their funding for this year total £105 million.
UK Fintech Atoa Secures $2.2M Pre-seed Round as it Kills Visa and Mastercard Fees for Businesses
- 2 years 2 weeks ago
- Fundraising News
There are more than 4 million small businesses in the UK which have no viable alternative to debit card payments and are reliant on Mastercard or Visa payment rails. Challenging this status quo, UK fintech Atoa Payments is announcing a $2.2M pre-seed funding round to reduce by 70% the payment fees and offer a new approach to making payments.
Novo Announces $35M in Funding
- 2 years 2 weeks ago
- Fundraising News
Novo, the powerfully simple fintech platform for small businesses, announced that GGV Capital has joined the company’s Series B as a strategic investor with an additional $35 million. This brings Novo’s Series B to $125 million, and total equity funding to more than $170 million. Robin Li, Principal, GGV Capital will join the board as an observer.
Eurazeo Signs an Agreement to Invest in Neoxam, a Provider of Front-office, Middle-office and Back-office Software for Financial Institutions
- 2 years 2 weeks ago
- Fundraising News
Eurazeo, via its Small-Mid Buyout team, is today announcing the signature of an agreement with a view to investing in NeoXam, alongside its founder Serge Delpla and its management team led by Florent Fabre. Under the agreement, Eurazeo would invest more than €100 million, thus becoming the group’s majority shareholder. Historical partners (led by Cathay Capital and BPI), shareholders since 2018, would sell their shares on this occasion.
Galgal, the Youth Centric Neobank Startup Raises USD 1 Million to Help Gen Z Squeeze the Most Out of Their Money
- 2 years 2 weeks ago
- Fundraising News
Founded in 2021, by Harsh Chhatrapati and Arun Iyer, Galgal Money is a new-age Mumbai-based Fintech start-up that focuses on bringing efficient banking solutions to the youth, with the purpose to simplify money management and make savings as stress-free as possible.
Cobee Closes €40 Million Series B Round to Bring the Employee Benefits Revolution to New Markets
- 2 years 3 weeks ago
- Fundraising News
Cobee, the Spanish start-up revolutionising benefits management, has closed a new €40 million series B round. This operation has been led by the British investment funds Octopus Ventures and Notion Capital, which both specialise in the technology sector and have an interest in companies such as Currency Cloud, Tradeshift, Unbabel, Yulife, GoCardless and Cazoo.
18/11 – Weekly Investment & Fundraising News
- 2 years 3 weeks ago
- Fundraising News
Agent IQ Expands Executive Team Following $10M Series A Funding
Agent IQ Expands Executive Team Following $10M Series A Funding
- 2 years 3 weeks ago
- Fundraising News
Following its recent announcement of a successful $10 million Series A funding raise, Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced the addition of fintech industry veteran, Michael Lee, as the company’s new chief sales officer, and the promotion of Soren Bested to chief operating officer.
Mercurity Fintech Holding Inc. Announced Closing of $3.15 Million Private Investment in Public Equity (PIPE) Financing
- 2 years 3 weeks ago
- Fundraising News
Mercurity Fintech Holding Inc. (the "Company" or "MFH"), a digital fintech group powered by blockchain technology, today announced that it has closed the Private Investment in Public Equity (“PIPE”) financing pursuant to the Securities Purchase Agreement (the “SPA”) and Warrant (each, a “Warrant” and collectively, the “Warrants”) with certain non-U.S. investors for gross proceeds of $3.15 million (the “Proceeds”).
WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges
- 2 years 3 weeks ago
- Fundraising News
WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe. New investors included Element Ventures, which led the round, along with Clocktower Ventures and Volution Capital. Existing investors including CommerzVentures, AlbionVC and SAP increased their investments.
AGAM Set to Accelerate Lending Revolution for Individuals and Businesses as it Completes Investment Round
- 2 years 3 weeks ago
- Fundraising News
AGAM, the UK-headquartered next-generation fintech, which is revolutionising lending for individuals and businesses, has announced the completion of its latest funding round today.
Banked Secures US$15M Led by Insight Partners, Citi, National Australian Bank Ventures to Expand Global Pay By Bank Network
- 2 years 4 weeks ago
- Fundraising News
Banked Ltd (“Banked”), the London-based fintech company building a next-gen global payment network, today announced that it has raised over $15 million in a Series A extension round, led by global software investor Insight Partners. The investment round was supported by Citi and National Australia Bank Ventures, recognizing Banked’s traction and distinct approach to building a Pay by Bank global network. Newly announced commercial partner and... more
