Numeric Raises $28M to Build the Next-Gen Financial Data Platform
- 1 year 5 months ago
- Fundraising News
Numeric is thrilled to announce that it has successfully raised a $28 million Series A funding round, led by Menlo Ventures, with participation from new investors IVP and Socii Capital, along with continued support from existing investors Founders Fund, 8VC, Long Journey, Friends & Family Capital, and Access Industries.
Acquired.com Fuels Further Growth With Capital Raise and Strategic Leadership Hire
- 1 year 5 months ago
- Fundraising News
Acquired.com, the next generation payments business powering recurring commerce, has today announced the appointment of industry leader Eline Blomme as Chief Strategy and Product Officer. Holding an MBA from Warwick Business School, Blomme brings a wealth of experience from her role as Vice President at TrueLayer, where she was responsible for tailoring their Open Banking products for the eCommerce market. Prior to TrueLayer, Blomme spearheaded... more
Imprint Raises $75 Million Series C
- 1 year 5 months ago
- Fundraising News
Imprint, the leading provider of modern co-branded credit cards, today announced it has raised $75 million in a Series C financing led by Keith Rabois at Khosla Ventures, with participation from existing investors including Thrive Capital, Kleiner Perkins, and Ribbit Capital. This latest financing round elevates Imprint’s valuation to $600 million, reflecting its continued momentum following several recent partnerships with leading brands.
Lendbuzz Completes $262 Million Asset-Backed Securitization
- 1 year 5 months ago
- Fundraising News
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
Farther Secures $72 Million Series C From CapitalG and Viewpoint Ventures to Continue Revolutionizing Wealth Management
- 1 year 5 months ago
- Fundraising News
Farther, the leading technology-centric financial advisory firm, closed a $72 million Series C funding round to expand its advisor network and enhance its wealth management platform. Co-led by CapitalG, the independent growth fund of Alphabet (Google’s parent company), and Viewpoint Ventures, this funding round elevates Farther’s post-money valuation to $542 million.
Surfin Raises US$12.5 Million From Insignia Ventures Partners
- 1 year 5 months ago
- Fundraising News
Surfin, a financial technology platform dedicated to serving the underserved middle class, has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with approximately $2.7 billion in cumulative transactions.
Mercury Secures $100M Credit Warehouse With Natixis
- 1 year 5 months ago
- Fundraising News
Mercury is pleased to announce the successful securing of a $100 million credit warehouse with Natixis Corporate & Investment Banking, a multinational financial institution. This achievement will support the expansion of Mercury’s corporate credit card business, particularly the IO World Elite Mastercard, which is issued by Patriot Bank, N.A., Member FDIC, under a license from Mastercard International.
Brazilian Payments Fintech Barte Secures $8 Million Series A Led by AlleyCorp
- 1 year 5 months ago
- Fundraising News
Sending and accepting payments online in Brazil is still not as efficient as it should be. Barte, a fintech company based in São Paulo, today announced it has raised an $8m Series A to continue scaling its modular payments solutions, after growing more than 70x since their seed round 1.5 years ago.
Salmon Completes a Significantly Oversubscribed $30 Million Series A-2 Financing Round
- 1 year 5 months ago
- Fundraising News
Salmon, a leading provider of financial services and consumer lending products in Southeast Asia, operating a licensed bank in the Philippines, today announces the successful completion of its $30 million Series A-2 equity financing round. The planned round saw strong participation from key institutional investors of the Company, including the International Finance Corporation (IFC) and Lunate of Abu Dhabi, with both committing amounts... more
AMLYZE Raises €2.35M in Seed Funding to Fuel Next Growth Phase
- 1 year 5 months ago
- Fundraising News
AMLYZE, a pioneering RegTech company transforming the anti-financial crime landscape for banks, FinTechs and Virtual Assets Service Providers (VASPs), proudly announces the successful closure of a €2.35 million seed funding round. This significant achievement marks the dawn of an exciting growth phase, setting the stage for AMLYZE to extend its innovative services to larger corporate and institutional clients.
KOHO Secures $190M in and Debt to Fuel Growth and Continue Pursuit of Bank License
- 1 year 5 months ago
- Fundraising News
Today KOHO announced that it has secured $190M in additional capital, $40M of which is equity and $150M in debt. The new capital injection will fund growth, the expansion of KOHO’s lending book and new innovative products, and continued progress towards a Schedule 1 bank license. The round was led by returning investor, PROPELR Growth, joined by new investor Rockefeller Capital and included existing investors Drive Capital, TTV, and BDC. The... more
Plumery Secures $3.3M in Additional Funding to Accelerate Growth and Expansion
- 1 year 5 months ago
- Fundraising News
Plumery, a digital banking experience platform for true customer-centric banking, today announced it has secured $3.3M in additional funding from early-stage investor DN Capital and Fontes managed by leading global VC firm QED Investors. The latest round brings Plumery’s total funding to date to USD 7.8M and is in preparation for a larger Series A round in 2025.
BMLL Secures $21m Strategic Investment to Supercharge Growth
- 1 year 5 months ago
- Fundraising News
BMLL, the leading, independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equity, ETFs and futures markets, today announced that Optiver has joined the board of investors. The latest funding round raised $21m with Optiver as the lead investor and co-participation from existing investors FactSet, Nasdaq Ventures and IQ Capital’s Growth Fund; with additional investment from CTC Venture Capital.
Carmoola Completes £100m Debt Deal with NatWest to Offer Dealership-Beating Rates to Car Buyers
- 1 year 6 months ago
- Fundraising News
Carmoola, the UK-based fintech that is revolutionising car financing, has announced a major new debt deal with NatWest, worth £100 million. This deal will enable Carmoola to broaden and better serve its customer base, offering dealership-beating car finance rates and further enhancing the car buying experience versus traditional dealership financing.
InDebted Secures $60 Million to Continue Transforming Global Debt Collection
- 1 year 6 months ago
- Fundraising News
Australian-founded global fintech, InDebted, today announced the completion of its A$60 million Series C capital raise. The funds raised will be used to expand into new markets, deliver on its M&A strategy, and further develop the company’s products and solutions.
