Fundraising News

Turaco Secures $10M Series A Round Fundraise

2 years 3 months ago
Fundraising News

Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and existing investor, Novastar Ventures. The round also included participation from Enza Capital, Global Partnerships, Zephyr Acorn, Operator Stack, Asi Ventures Limited, and Push Ventures.

Fintech Startup Power Emerges from Stealth with $16.1M Seed Funding and $300M Credit Facility

2 years 3 months ago
Fundraising News

Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers. The company was founded to build modern financial infrastructure and started by launching a full-stack credit card issuance platform.

Compliance Startup heyData Raises €3.3M seed

2 years 3 months ago
Fundraising News

Berlin-based compliance startup heyData today announced the closing of a €3.3 million seed financing. The round was led by Ten VC, with additional participation from existing investors Patrice Deckert, Stefan Tietze, as well as experienced investors Martin Ostermayer and Dirk Freise and Picea Capital, among others. The fresh capital will be used for product expansion and venturing into new markets. In addition, the team around the founders... more

Kafene raises $18 million

2 years 3 months ago
Fundraising News

Kafene, a cutting-edge digital platform used by merchants at the point-of-sale to help offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements, announced today that it has raised $18 million in a Series B funding round led by Third Prime and existing investors. This round follows a Series A investment of $30 million in 2021 that was co-led by Third Prime and Valar Ventures. Kafene will use the... more

Claimer Has Raised a $4.2M Seed

2 years 3 months ago
Fundraising News

Claimer, a fintech startup making it frictionless for companies to claim financial incentives from the government, is announcing that it has raised a $4.2m seed round today.

Lightning Network Startup Neutronpay Raises $2.25M in Seed Funding to Disrupt Legacy Payment Rails Beginning with Vietnam and South East Asia

2 years 3 months ago
Fundraising News

Neutronpay, a Vancouver, Canada and Ho Chi Minh City, Vietnam-based startup that enables consumers and businesses to send and receive payments on Bitcoin’s Lightning Network raised USD$2.25M in Seed funding on June 1, 2022.

Northzone Raised €1B: Investing from Seed to Growth in Category-defining Entrepreneurs

2 years 3 months ago
Fundraising News

We’re proud to announce our largest fundraise to date: €1bn to invest in the next generation of changemakers. Between the global climate crisis and social, macroeconomic, and political uncertainty, we believe technological innovation will continue to be the silver lining that delivers real societal growth. Now more than ever, we look to entrepreneurs who are building a mindful, innovative future; and founders have proven many times that they... more

Innovative InsurTech Stubben Edge Group Secures a Further £5.6M of Growth Capital Led by Dowgate Capital

2 years 3 months ago
Fundraising News

UK-based InsurTech Stubben Edge Group (the Company) has secured a further £5.6m in investment following an over-subscribed £10 million round in September last year. Cornerstone investors include a number of Lloyd’s Names, Nigel Wray, Dowgate Wealth, family offices, institutional investors and other HNW investors.

12/09 – Weekly Investment & Fundraising News

2 years 3 months ago
Fundraising News, FinTech StartUps

liwwa Raises $18.5 Million Pre-Series B Round

2 years 3 months ago
Fundraising News

Jordan-based Fintech liwwa closed an $18.5 million pre-Series B round of equity and debt. Founded in 2015, liwwa employs technology across its operations to provide tailored financial solutions. It also owns and operates the liwwa Investment Platform, a peer-to-peer platform that enables retail investors to finance liwwa loans and earn returns.

Mesh Payments Raises $60M to Expand Finance Automation Platform

2 years 4 months ago
Fundraising News

Financial management startup Mesh Payments has landed $60 million in new funding, 10 months after its last raise. Founded in Israel and now with headquarters in New York, Mesh Payments is one of a growing group of startups focused on helping companies manage their spending through automation.

RegTech Scale-up SteelEye Raises $21M in Round Led by Ten Coves Capital to Accelerate Growth and Meet Demand for Holistic Compliance Solutions

2 years 4 months ago
Fundraising News

SteelEye, the compliance technology and data analytics firm, has announced the completion of a $21M Series B fundraise to accelerate its global expansion – with an emphasis on North America. The funding round – led by Ten Coves Capital alongside existing investors Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and a large family office – takes SteelEye’s total capital raised to $43M.

MetaWeb Ventures Raises $30 Million For Builder Focused-Blockchain Fund

2 years 4 months ago
Fundraising News

MetaWeb Ventures, a global venture capital firm focused on pre-seed and seed investments in crypto start-ups, announced today the launch of its first fund ("Fund I" or "the Fund"), with total capital commitments of $30 million USD.

21.co Raises $25 Million, Becoming Switzerland’s Largest Crypto Unicorn

2 years 4 months ago
Fundraising News

21.co, the world’s leader in providing access to crypto through simple and easy-to-use products, today announced a $25 million round led by Marshall Wace. This round values the business up to $2 billion, making 21.co Switzerland’s largest crypto unicorn. With this round of financing, 21.co will continue to drive rapid, targeted growth through first-of-their-kind products, key market expansions and strategic talent acquisitions.