Hubpay, the Cross-Border Wallet in MENAP, Becomes First Fintech to Hold EMI License in UAE and Pakistan, as It Raises $20 Million Series A, Led by Signal Peak Ventures
- 2 years 9 months ago
- Fundraising News
MENAP-focused fintech Hubpay raises $20 million in Series A round.
Tonik Raises US$131M Series B Led by Mizuho Bank
- 2 years 9 months ago
- Fundraising News, Banking
Other investors include Prosus Ventures as well as prior investors Insignia, Sequoia India, Point72 Ventures, and iGlobe
Alchemy Secures $200M at $10.2B Valuation
- 2 years 9 months ago
- Fundraising News
After a funding round spearheaded by Lightspeed and Silver Lake, Web3 developer platform Alchemy announced its valuation has nearly tripled to $10.2 billion. The $200 million round included Andreessen Horowitz, Coatue Management, Pantera Capital, and Draper Fisher Jurvetson.
Investing App Infina Closes Us$6 Million in Seed Funding From Sequoia India’s Surge, Y Combinator, Saison Capital and More
- 2 years 9 months ago
- Fundraising News
The funding round included Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, App Works, alongside investors who have invested in Robinhood, Coinbase, and similar models in other markets Infina, dubbed the ‘Robinhood of Vietnam’ aims to democratise investing in Vietnam, making it easy for anyone to start investing from just USD$22 with minimal risk
Meet Midas, Turkey’s First Retail Investing Startup, Which Has Raised $11m Spark Capital, Earlybird Digital East and Nigel Morris
- 2 years 9 months ago
- Fundraising News, FinTech StartUps
Midas, a retail investing startup that gives access to US and Turkish equities in Turkey, announced today that it has raised $11 million in equity funding. The fundraise comes just 8 months after their inception, and is led by Spark Capital and Earlybird Digital East Fund, with Nigel Morris, and Revo Capital also participating. This is one of the largest fintech seed investments to date in Turkey.
4/02 – Weekly Investment & Fundraising News
- 2 years 9 months ago
- Fundraising News
1. NBK Capital Partners Mezzanine Fund provides $10 million financing to Moove, an African Mobility Fintech
B2B Payments Platform Billhop Raises €10.5 Million Led by EQT Ventures to Help Businesses Optimise Working Capital and Gain Process Efficiencies
- 2 years 9 months ago
- Fundraising News, Payments
Billhop enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack – tapping into $120 trillion B2B payments market, which lacks low-friction options compared to B2C Creates opportunities for increased capital efficiencies, creating win-wins for all buyers, sellers, and their payment providers New funding will be used for hiring, customer acquisition, and geographical expansion
CoinTracker Raises $100M to Make Cryptocurrency Portfolio Tracking and Tax Compliance Seamless for Millions of Users Globally
- 2 years 9 months ago
- Fundraising News, Cryptocurrencies
Back in 2017, we started tinkering with cryptocurrency. We set up accounts on several exchanges and began using a bunch of wallets. While exchanges and wallets have made it reasonably easy to buy, hold, and transact with crypto securely, it was difficult to understand what our portfolios looked like, and nearly impossible to comply with tax rules. We attempted to use spreadsheets and tried all the software out there; but to our frustration, they... more
Wrk Making Waves in Automation Space With $55M Funding Announcement
- 2 years 9 months ago
- Fundraising News
Montreal-based automation start-up has raised over CAD$55M in total funding after closing its Series A New direct investment from OMERS Ventures and White Star Capital—combined with debt financing from Silicon Valley Bank (SVB) and previously raised seed funding from Desjardins Capital and Real Ventures—will see Wrk expand its team and accelerate the development of its platform
Crunchr Raises Funding to Revolutionise People Analytics for Enterprise HR Teams
- 2 years 9 months ago
- Fundraising News, SaaS
● Crunchr is a leading people analytics platform that helps companies understand what’s happening within their workforce and organization, and to get actionable insights to improve workforce productivity and employee engagement. ● Crunchr will use the new funding to invest in product development and international expansion, and plans to treble the team within 18 months.
Descartes Underwriting Raises $120 Million to Become a Category Leader in Corporate Insurance Worldwide February 1, 2022
- 2 years 9 months ago
- Fundraising News
Descartes Underwriting, the InsurTech company specializing in next-generation corporate insurance solutions to address climate and emerging risks, announces a $120 million Series B funding round.
Fintech Startup Bizi Raises $7.5 Million Seed Funding to Offer SMBs Credit Lines
- 2 years 9 months ago
- Fundraising News, FinTech StartUps
The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi. Fintech company Bizi, which provides small and medium-sized businesses in Israel with credit lines, has raised $7.5 million in Seed funding. The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi, as well as Israeli insurance company Phoenix and Orshay, a company which provides non-banking credit.
Ayoconnect Raises $15m Series B to Scale Indonesia’s Largest Open Finance Api Platform
- 2 years 10 months ago
- Fundraising News, Open Banking, Payments
Tiger Global led the heavily oversubscribed round, joined by PayU and Alto Partners Ayoconnect is Indonesia’s leading open finance platform with more than 4,000 embedded finance products and 500 million annual API hits More than 200 customers use Ayoconnect’s APIs, serving some of the largest financial institutions, tech unicorns, and traditional companies as well new and up-and-coming startups
28/01 – Weekly Fintech Investment & Fundraising Recap
- 2 years 10 months ago
- Fundraising News
1. Eleven Ventures raises €60 million fund
Moglix Raises $250 Million at $2.6Billion valuation, Delivers 80x Return To Seed Investors
- 2 years 10 months ago
- E-Commerce, Fundraising News, Investment
Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor. In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage... more
