Animoca Brands to Invest US$30 Million in hi, form Strategic Partnership
- 1 year 10 months ago
- Fundraising News
hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, subject to agreement of definitive terms, Animoca Brands will invest US$30 million in hi and collaborate on a number of exciting initiatives.
Immediate Closes a $16 Million Round of Growth Funding
- 1 year 10 months ago
- Fundraising News
Immediate, an earned wage access company, announced today a $16 million round of funding. These funds, split between growth equity and a working capital facility, will enable Immediate to accelerate its growth trajectory in the workplace financial health sector.
Ennabl Raises $8M In Series A Fundraising Round
- 1 year 10 months ago
- Fundraising News
Ennabl, a leading Insurtech data analytics platform, is proud to announce the successful completion of its Series A funding, which has raised $8M. This funding will accelerate the company's growth and expand its market reach.
Settle Secures $145M in Debt Financing
- 1 year 10 months ago
- Fundraising News
Leading cash-flow management platform, Settle, has recently secured an impressive $145m credit facility. The hefty investment comes from Silicon Valley Bank, a division of First Citizens Bank, and significantly boosts Settle’s potential to support high-growth e-commerce, consumer brands, and small businesses.
UK's FinTech Space Ranks Second Worldwide Despite a Funding Drop in H1 2023
- 1 year 10 months ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - UK Semi-Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the UK FinTech space.
Australian Fintech Lumi Raises $15M
- 1 year 10 months ago
- Fundraising News
Lumi, an Australian company specialised in lending to small and medium-sized enterprises (SMEs), has successfully concluded a capital raise of $15m.
GIMO Raises US$17.1 Million To Promote Financial Inclusion In Vietnam
- 1 year 10 months ago
- Fundraising News
GIMO - a startup that provides a flexible salary payment solution towards the goal of financial security for low- and medium-income workers in Vietnam, officially completed the Series A funding round, with a total mobilized capital of up to 17.1 million USD.
Crypto Fantasy GameFi, Kandle, Raises $1.7 Million in Seed Funding Led by Saama
- 1 year 10 months ago
- Fundraising News
Kandle.xyz, a crypto fantasy GameFi project from Singapore, has announced a USD 1.7 million seed round led by Saama. The funding will be used to develop the platform further and expand its user base, featuring their flagship product ‘Crypto Fantasy Leagues’ - a game that allows players to choose crypto coins as their battle tokens and face off against other players in a battle of the portfolios.
bunq Secures €100M in Growth Capital Despite Market Downturn
- 1 year 10 months ago
- Fundraising News
bunq, the second largest neobank in the EU, secures an additional €44.5M in growth capital, bringing the total capital injected into bunq this year to nearly €100M. This fresh capital allows the mobile bank to further accelerate its international expansion and continue its rapid growth. Current investors Ali Niknam, Pollen Street Capital and Raymond Kasiman joined the round and committed to an investment valuation of €1.65 billion, despite this... more
Funding into FinTech Startups in India Plunges 67% in H1 2023
- 1 year 10 months ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - India Semi Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the Indian FinTech space.
Funding in FinTech Startups in the US Accounted for 58% of Total Capital Raised Globally
- 1 year 10 months ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - US Semi-Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the US FinTech space.
Salmon Raises $20M of Financing, Setting a Record for Series A Tech Companies in the Philippines
- 1 year 10 months ago
- Fundraising News
Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the... more
Cognaize Raises $18M in Series A to Bolster AI-driven FinTech Solutions
- 1 year 10 months ago
- Fundraising News
New York-based Cognaize, an intelligent document processing (IDP) company harnessing proprietary hybrid intelligence technology, announced the closure of an $18m Series A funding round.
Karat, Credit Cards Startup, Raises $70M
- 1 year 10 months ago
- Fundraising News
Despite earning six-to-seven-figure-a-year incomes, many content creators are denied the capital they need to expand their businesses. The reasons vary, but most are relatively young and have limited business and credit histories, and deal with inconsistent income across platforms.
Kuflink Secures £35 Million Institutional Debt Funding
- 1 year 10 months ago
- Fundraising News
Kuflink Group PLC (and associated entities, collectively “Kuflink”), one of the UK’s most respected bridging & development non-bank lenders, and European Risk Capital LLP (“ERC”) jointly announced today that Kuflink has entered into a £35 million institutional debt facility placed by European Risk Capital with Paragon Bank PLC.
