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
The Trading Pit, an Award-Winning Proprietary Trading Firm, Secures €10 Million in Growth Funding
- 2 years 4 weeks ago
- Fundraising News
The Trading Pit (TTP) is proud to announce that it has secured €10 million in its latest round of growth funding. The high-growth prop trading fintech has secured capital to accelerate its growth initiatives with a mission to become the global leader in online prop trading.
KB Securities, Subsidiary of Korea’s Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B Round
- 2 years 4 weeks ago
- Fundraising News
Global private market exchange ADDX has raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round. The round kicked off in May 2022, when ADDX announced a US$58 million fundraising involving new shareholders Stock Exchange of Thailand (SET), Hamilton Lane... more
Lab 1, a New Supply Chain Cyber Intelligence Platform, Raises £1M from MMC Ventures, SyndicateRoom and Leading Angels
- 2 years 4 weeks ago
- Fundraising News
Cyber intelligence platform Lab 1 today announced a £1m funding round supported by MMC Ventures Co-Founder & Chairman and investor Alan Morgan, alongside MMC Ventures, prominent investor Cris Conde and SyndicateRoom's Access EIS Fund.
BeZero Carbon Raises $50 Million to Accelerate the Net Zero Transition Through Carbon Ratings
- 2 years 4 weeks ago
- Fundraising News
Carbon rating agency BeZero Carbon has today announced a $50 million Series B funding round. The funds will be used to drive innovation in environmental markets through the development of ratings, risk and analytics tools.
Lentra Closes Series-B Led by Bessemer Venture Partners, SIG and Citi Ventures, Transaction of $ 60M
- 2 years 1 month ago
- Fundraising News
Lentra, the class-leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for International expansion, including the USA.
11/11 – Weekly Investment & Fundraising News
- 2 years 1 month ago
- Fundraising News
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
- 2 years 1 month ago
- Fundraising News
Brightside, the leading financial care platform for employers, today announced it has raised $33 million in Series B funding.
Egyptian Fintech Blnk Raises $32 Million
- 2 years 1 month ago
- Fundraising News
Blnk, a fintech startup that enables instant consumer credit in Egypt, raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. The funds will support the further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.
TRM Labs Raises $70 Million in Series B
- 2 years 1 month ago
- Fundraising News
Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs. The latest investment, an extension to the company's $60 million Series B round in December, was led by Thoma Bravo, with participation from first-time investor Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures.
Former Tink Employees Raise €5M for Payments Startup Atlar
- 2 years 1 month ago
- Fundraising News
A gaggle of former Tink employees has raised €5 million in seed funding for their startup promising to help businesses automate all of their payment activities. Joel Nordström, Joel Wägmark, and Johannes Elgh formed Stockholm-based Atlar earlier this year following open banking outfit Tink's €1.8 billion acquisition by Visa.
Glow Raises $22.5 Million to Optimize Insurance for Small Businesses
- 2 years 1 month ago
- Fundraising News
Glow, the digital insurance agency for small businesses, announced that it has closed a $22.5 million round of series A financing led by Cota Capital. AV8 Ventures, Markd, Startup Venture Capital, Maiden Re, and others also participated in the round. The financing will fund innovation in Glow’s digital insurance platform, which automates the insurance process for small businesses.
Pyypl Accelerates Growth with $20 Million Series B Investment
- 2 years 1 month ago
- Fundraising News
Pyypl – pronounced “People” – the Middle East and Africa (MEA) focused financial services platform and Hub71 company has closed its target Series B raise of $20 million from a diverse group of international investors and ten existing investors. Pyypl is considering opening a second tranche for further investment due to interest from investors.
04/11 – Weekly Investment & Fundraising News
- 2 years 1 month ago
- Fundraising News
Cinchy Announces $14.5 Million Series B Funding Led by Forgepoint
Cinchy Announces $14.5 Million Series B Funding Led by Forgepoint
- 2 years 1 month ago
- Fundraising News
Cinchy, the pioneer of dataware technology and leader of data liberation, today announced a $14.5 million USD Series B financing round led by Forgepoint Capital. Forgepoint Managing Director Leo Casusol will join Cinchy’s Board of Directors, while Reynaldo Kirton comes on board as an advisor.
