The Spanish Company Flanks Raises $8M for Open Wealth Platform
- 1 year 3 months ago
- Fundraising News
Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital. Raffaele Terrone, co-founder of the Italian FinTech unicorn Scalapay, and Martin Kassing, co-founder and CEO of Upvest, supported the round as angels.
Darwinium Raises $18 Million to Accelerate Global Adoption of its Edge-based Digital Security and Fraud Prevention Platform
- 1 year 3 months ago
- Fundraising News
Darwinium, a next-generation digital security and fraud prevention platform, today announced it has raised $18 million in Series A financing led by U.S. Venture Partners (USVP), with participation from seed investors: Blackbird, Airtree Ventures and Accomplice.
Nova Credit Raises $45M Series C Financing to Scale Cash Flow Underwriting and Verification Solutions Across the Credit Industry
- 1 year 3 months ago
- Fundraising News
Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding.
Insurtech Startup for Commercial Line ‘Alwrite’ Raises Rs 10 Crore in Seed Funding
- 1 year 3 months ago
- Fundraising News
Alwrite, a next-generation tech platform empowering insurance titans and intermediaries has raised Rs 10 crore in its seed funding round from a group of venture capitalist and angel investors. Alwrite is a B2B tech platform that enables insurance companies, brokers, agents, corporate agents and banks to accelerate the quote placement process to provide seamless insuring services and to offer the best insurance options to their corporate clients.
Tap Invest (Formerly Leaf Round) Raises $ 2 Million in Seed Round
- 1 year 3 months ago
- Fundraising News
Fixed Income Investment platform, ‘Tap Invest’ , formerly known as ‘Leaf Round’ today announced the closure of its USD 2 Million in seed funding round.
SME Lender iwoca Raises New £200 Million Funding Line After Reaching £2.5B in Finance Lent
- 1 year 3 months ago
- Fundraising News
iwoca, one of Europe’s largest SME lenders, today announces a new funding line with initial commitments of £200 million from Barclays and Värde Partners.
Stash Financial Raises $40 Million
- 1 year 3 months ago
- Fundraising News
Stash, a fintech app focused on investing, recently secured $40 million through a convertible note, a form of short-term loan that can be converted into equity later. T. Rowe Price, an early and existing supporter of the company, led this funding round. CEO Liza Landsman explained that employing convertible notes allows Stash to extend its path to profitability without needing to establish a valuation, providing adaptability in the current... more
Instant Payment Fintech Lopay Secures £6M in Seed Round
- 1 year 3 months ago
- Fundraising News
FinTech start-up Lopay has secured £6m from a recent funding round as it looks to supercharge the instant payments market. Securing £6m in a keenly contested seed funding round, Lopay garnered investments from notable venture capital entities including BackedVC and Portage, alongside the Venture Collective and an ensemble of angel investors.
Neobank Zolve Secures $100M Debt Facility to Help Immigrants with Their Banking Needs
- 1 year 3 months ago
- Fundraising News
Zolve, an “international neo-banking company”, has reportedly successfully secured a debt facility of up to $100m. The financing came courtesy of Community Investment Management (CIM), according to a report from Business Standard.
Canopy Raises $15.2M to Fuel Growth Plans in 2024
- 1 year 3 months ago
- Fundraising News
Canopy, the trailblazing FinTech loan management platform, has successfully amassed $15.2m in its recent investment round.
Berlin-based TransactionLink Raises €5M Seed Round for KYC/KYB Automation
- 1 year 3 months ago
- Fundraising News
TransactionLink, the drag-and-drop builder saving onboarding teams time and money, has raised a €5m seed round to expand its KYB (know your business) product into new sectors and grow its co-headquarters in Berlin and London.
LUNA Raises Funds from TNB Aura and Seedstars to Become Indonesia’s Vertical SaaS platform for Retailers
- 1 year 3 months ago
- Fundraising News
LUNA, an Indonesian embedded fintech and vertical SaaS platform for retailers and MSMEs, today announced the completion of a round of financing led by TNB Aura through its TNBA Scout initiative, with participation from Seedstars as well as existing investors 1982 Ventures, Century Oak Capital, and Prasetia Dwidharma.
Matic Raises $20M Series B Extension Up-Round With New Investors
- 1 year 3 months ago
- Fundraising News
Matic, a leading embedded insurtech platform, announced it raised $20 million as an extension to its Series B. The round includes $17 million in Series B equity co-led by IA Capital Group and Cultivation Capital with participation from existing investors and the majority led by new investors, including Intuit Ventures, TruStage Ventures, and Assurity Ventures. Concurrently, Matic upsized its credit facility by $3 million, bringing new liquidity... more
Upvest Partners with BlackRock to Make Investing More Accessible for Millions of Europeans and Closes a €30M Fundraising Round
- 1 year 3 months ago
- Fundraising News
Upvest, a Berlin-based fintech company providing the trading, settlement and custody infrastructure necessary for digital wealth management in one application programming interface (API), is partnering with BlackRock to make investing more accessible for millions of investors across Europe. Partnership to complement strengths
kennek Raises $12.5M to Revolutionise the Alternative Lending Space
- 1 year 3 months ago
- Fundraising News
kennek, the London-based fintech that offers an operating system for lenders, today announces a $12.5m Seed raise, led by HV Capital and supported by Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures and Syndicate One.