Global Fintech SumUp Raises €590 Million and Celebrates 10 Years of Supporting Small Merchants
- 2 years 5 months ago
- Fundraising News
SumUp, the financial partner for over 4 million small businesses worldwide, has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds managed by BlackRock, btov Partners, Centerbridge, Crestline, Fin Capital, and Sentinel Dome Partners, among others.
B2B BNPL Startup Playter Raises $55m from Klarna, Sofia and Pipe
- 2 years 5 months ago
- Fundraising News
Playter, a BNPL company based in the United Kingdom, has secured a $55 million loan and equity round led by Klarna, SoFi, and Pipe. Adit Venture Capital and Fasanara Capital led the round, and Fin Capital, Act Venture Capital, and 1818 Ventures also participated. The financing follows $1.7 million in seed funding in March. Playter offers to assist SMBs minimise their burn rate by allowing for the instalment payment of professional services... more
Fintech Infrastructure Firm Prime Trust Raises $107m in a Series B Funding Round
- 2 years 5 months ago
- Fundraising News
Series B funding was raised by Prime Trust, a one-stop shop for API-based financial infrastructure for fintech and digital asset entrepreneurs. The following investors participated in the round: FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, William Blair & Company, Decasonic, University Growth Fund, Gaingels, GateCap Ventures, and Seven Peaks Ventures.
SumUp Raises €590m at €8bn Valuation in a Funding Round Led by Bain Capital Tech Opportunities
- 2 years 5 months ago
- Fundraising News
SumUp, a London-based mPOS provider, has raised €590 million in a capital round that values the company at €8 billion - a decrease from the €20 billion valuation it sought earlier this year. Bain Capital Tech Opportunities led the round, with participation from BlackRock, btov Partners, Centerbridge, Crestline, Fin Capital, and Sentinel Dome Partners funds.
Banyan Secures $8.2M Series A to Drive Investment into Sustainable Infrastructure
- 2 years 5 months ago
- Fundraising News
Banyan, an investment facilitator for sustainable infrastructure headquartered in San Francisco, has confirmed a USD $8.2m Series A round led by VoLo Earth Ventures with several notable venture capital firms joining the round. The sizable funding round, which values the company at USD $47m, will enable Banyan to further scale its go-to-market engine, as well as enhance the support it’s able to offer to exist customers.
Openly Raises $75 million Series C
- 2 years 5 months ago
- Fundraising News
Founded in 2017, Openly offers home insurance products in 19 states through a network of over 17,000 independent insurance agents.
Cleo Raises $80m for Money Management Bot at $500m valuation
- 2 years 5 months ago
- Fundraising News
Sky News reports that the British AI-based personal finance chatbot Cleo has been valued at $500 million thanks to a $80 million fundraising round. Sofina, a tech investor, participated in the financing, which occurred around 18 months after a $44 million funding round, according to Sky.
Babel Finance Raises $80 Million in a Series B Funding Round, Valuation Hits $2 Billion
- 2 years 5 months ago
- Fundraising News
Babel Finance, a crypto-financial service provider that provides digital asset loans, recently raised $80 million in a Series B funding round. The investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann, and Dragonfly Capital led the fundraising.
Sales Layer Raises $25m Series B Funding from PeakSpan Capital to Expand B2B PIM Platform Globally
- 2 years 5 months ago
- Fundraising News
Sales Layer, the leading PIM (Product Information Management) SaaS platform provider for B2B, has today announced that it has raised $25m in Series B funding, led by PeakSpan Capital with participation from its Series A investors.
Payments Orchestration Startup Formance Raises $3.1m from Hoxton Ventures, Frst, Y Combinator
- 2 years 5 months ago
- Fundraising News
Formance, a French fintech startup that provides organisations with a "low-code" template for tracking payment flows in real time, has secured $3,1 million from Hoxton Ventures, Frst, Y Combinator, and a number of business angels. Fomance, which was founded in 2021 by Clément Salaün and Anne-Sybille Pradelles, provides pre-built, fully-customizable use-case templates for the tracking of financial flows between pay-ins and payouts.
20/06 – Weekly Investment & Fundraising News
- 2 years 5 months ago
- Fundraising News
Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners
Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners
- 2 years 5 months ago
- Fundraising News
Today, Berlin-based infrastructure fintech Upvest announced the closing of a $42 million Series B financing round - one of the largest German fintech funding rounds in 2022. Bessemer Venture Partners is leading the Series B with Earlybird and ABN AMRO Ventures doubling down as previous investors and participating in Notion Capital, Partech, 10x Group, Speedinvest and Maximilian Tayenthal (N26).
Crypto Payments Company TripleA Secures $4M in Funding Led By Razer’s zVenture
- 2 years 5 months ago
- Fundraising News
Today TripleA, a Crypto Payments Company, announced that it secured $4 million in funding led by a leading global lifestyle brand for gamers, Razer’s corporate ventures arm, zVentures. TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS).
Institutional Crypto & Digital Asset Management Platform Rooba Finance Raises $1.3 Million in Seed Round
- 2 years 5 months ago
- Fundraising News
Institutional Crypto & Digital Asset Management Platform Rooba Finance has raised $1.3 Million in a Seed round led by Inflection Point Ventures. It also saw participation from LetsVenture, Endurance Capital, KubeVC and Other prominent angel investors. The funds raised will be utilized towards Platform Development, setting up a licensed platform overseas and enabling a global GTM.
Digital Banking Vendor Narmi Raises $35M
- 2 years 5 months ago
- Fundraising News
Narmi, a leading provider of open digital banking technologies, today announced $35M in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi is one of the fastest-growing companies servicing financial institutions in the United States and plans to leverage the new capital to develop its digital banking solutions more broadly, partner with new financial institutions, and accelerate the digital modernization of... more
