Luma Financial Technologies Announces the Closing of a $63 Million Series C Investment Led by Sixth Street Growth
- 3 months 1 week ago
- Fundraising News
Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, announced today that it has closed a $63 million Series C financing led by Sixth Street Growth, the growth investing business of leading global investment firm Sixth Street. Existing strategic investors including Bank of America, Morgan Stanley, UBS, and TD Bank Group participated in the round.
Ideem Raises $2.4M to Make 2FA Invisible for Users and Payments
- 3 months 2 weeks ago
- Fundraising News
Ideem, a company rethinking how users complete payments online, today announced a $2.4MM Seed funding round, backed by Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, Network KS, and a group of strategic angel investors. The funding will accelerate Ideem's mission to remove the friction, fraud and costs in today's mobile payment flows to deliver fast, secure one-click experiences.
UK Fintech Marshmallow Secures $90 Million In Funding At A Valuation Of $2 Billion
- 3 months 2 weeks ago
- Fundraising News
Leading UK fintech, Marshmallow, today announces that it has raised $90 million worth of funding from Portage, BlackRock and Columbia Lake Partners. The raise comes three years after the business’ Series B, in which time, it has almost doubled its valuation to just over $2 billion.
Stitch Announces $55 Million Series B Funding Round To Bolster End-To-End Enterprise Payments Infrastructure Offering
- 3 months 2 weeks ago
- Fundraising News
South Africa-based payments infrastructure company Stitch has announced a $55 million Series B funding round led by QED Investors, enabling the fast-growing team to deepen and expand its in-person payments offering, move into the acquiring space and further bolster its online payments suite, to better serve enterprise merchants across all payments needs. This round brings its total funding to $107 million in four years.
Plum Secures £15M in Venture Debt from BBVA to Accelerate Growth
- 3 months 2 weeks ago
- Fundraising News
Smart money app Plum has secured £15m in debt financing from global financial group BBVA, following a transformational year of delivery. In the last year, Plum successfully launched key products across Europe, like ETFs in the EU and Cash ISAs in the UK, while accelerating its acquisition and building new AI capabilities to maximise on the potential of the technology for its customers.
BKN301 Closes £18.6 Million Series B Round to Support New Phase of Growth
- 3 months 2 weeks ago
- Fundraising News
BKN301 Group, a global fintech specialising in Banking-as-a-Service (BaaS), has successfully closed a £18.6 million capital increase. This will support BKN301’s international growth through organic development and strategic acquisitions, as well as enhancing the firm’s proprietary BaaS Orchestrator platform.
Rain Raises $75 Million Series B To Expand Earned Wage Access for Millions of American Workers
- 3 months 2 weeks ago
- Fundraising News
Rain, the employer-integrated earned wage access (EWA) and financial wellness app, announced today it has raised $75 million in Series B equity funding. The round was led by Prosus with additional participation from Nextalia Ventures, Spark Growth Ventures, and existing investors including QED, Invus Opportunities, and others.
Qevlar AI Raises $14M To Supercharge Security Operations Centres With Agentic AI
- 3 months 2 weeks ago
- Fundraising News
Qevlar AI, the pioneering force behind a new class of autonomous security operations centres (SOCs), today announces it has secured an additional $10 million in funding, bringing total investor commitments to $14 million.
Tracera Raises $12M Series A To Scale AI-Powered Corporate Sustainability Platform
- 3 months 2 weeks ago
- Fundraising News
Tracera, the AI-powered platform that automates the collection, verification and auditing of sustainability data with finance-grade accuracy and traceability, today announced a $12M Series A round, led by Foundry, with participation from Rho Ignition, Tola Capi
Ryft Secures £7.4 Million in Total Funding to Equip Acquirers & Merchants With Technology to Rival Stripe Connect and Adyen
- 3 months 3 weeks ago
- Fundraising News
Ryft, a PSD2 and FCA-approved decentralised payments innovator, announced today a successful £5.7 million Series A round to fund the development of technology that will empower acquiring banks, like Clearhaus, to compete with Stripe Connect, Adyen, and similar payment providers in the market. The round, which takes total investments in Ryft to £7.4 million, was led by EdenBase, with participation from GPOS Investments, British Business Bank,... more
SandboxAQ Closes Series E Round with Expanded Investor Base
- 3 months 3 weeks ago
- Fundraising News
SandboxAQ, a global leader in enterprise quantitative AI, announced the addition of Ray Dalio, Horizon Kinetics, BNP Paribas, Google, and NVIDIA to its Series E funding round, which raised over $450 million.
Turbine Emerges from Stealth with $121M+ in Growth Funding to Unlock Liquidity for Private Equity and Venture Capital Investors
- 3 months 3 weeks ago
- Fundraising News
Turbine Finance Corp., a liquidity platform driven by data science that provides credit facilities to venture investors, today announced it has raised $13 million in Series A funding co-led by Alpha Edison and TTV Capital and joined by Fin Capital, B Capital, and Sozo Ventures. This investment, in addition to the company’s previously unannounced $8.75M in Seed funding, brings Turbine’s funding raised to $21.75 million.
NatWest Invests in Yonder – Experience-Focused Credit Card Platform
- 3 months 3 weeks ago
- Fundraising News
NatWest has today announced a minority investment in Yonder, a fast-growing credit card platform that provides exceptional customer experiences through lifestyle-led rewards.
Sipay Raises $78 Million Series B Achieving a Valuation in Excess of $875 Million
- 3 months 3 weeks ago
- Fundraising News
Sipay, the leading payment and embedded finance platform for businesses and consumers in Turkey, has announced a $78 million Series B funding round, achieving a valuation in excess of $875 million. The round was led by Elephant VC, with participation from Nik Storonsky’s VC firm QuantumLight.
Juspay Secures $60 Million Investment Round Led by Kedaara Capital
- 3 months 3 weeks ago
- Fundraising News
Juspay, a global leader in payment infrastructure for enterprises and banks, has secured $60 million as part of its Series D funding round in a combination of primary and secondary investments. This investment round was led by Kedaara Capital with participation from existing investors Softbank and Accel.
