Openly Raises $75 million Series C
- 2 years 6 months ago
- Fundraising News
Founded in 2017, Openly offers home insurance products in 19 states through a network of over 17,000 independent insurance agents.
Cleo Raises $80m for Money Management Bot at $500m valuation
- 2 years 6 months ago
- Fundraising News
Sky News reports that the British AI-based personal finance chatbot Cleo has been valued at $500 million thanks to a $80 million fundraising round. Sofina, a tech investor, participated in the financing, which occurred around 18 months after a $44 million funding round, according to Sky.
Babel Finance Raises $80 Million in a Series B Funding Round, Valuation Hits $2 Billion
- 2 years 6 months ago
- Fundraising News
Babel Finance, a crypto-financial service provider that provides digital asset loans, recently raised $80 million in a Series B funding round. The investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann, and Dragonfly Capital led the fundraising.
Sales Layer Raises $25m Series B Funding from PeakSpan Capital to Expand B2B PIM Platform Globally
- 2 years 6 months ago
- Fundraising News
Sales Layer, the leading PIM (Product Information Management) SaaS platform provider for B2B, has today announced that it has raised $25m in Series B funding, led by PeakSpan Capital with participation from its Series A investors.
Payments Orchestration Startup Formance Raises $3.1m from Hoxton Ventures, Frst, Y Combinator
- 2 years 6 months ago
- Fundraising News
Formance, a French fintech startup that provides organisations with a "low-code" template for tracking payment flows in real time, has secured $3,1 million from Hoxton Ventures, Frst, Y Combinator, and a number of business angels. Fomance, which was founded in 2021 by Clément Salaün and Anne-Sybille Pradelles, provides pre-built, fully-customizable use-case templates for the tracking of financial flows between pay-ins and payouts.
20/06 – Weekly Investment & Fundraising News
- 2 years 6 months ago
- Fundraising News
Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners
Berlin-based Fintech Upvest Secures $42M in Series B Financing Led by Bessemer Venture Partners
- 2 years 6 months ago
- Fundraising News
Today, Berlin-based infrastructure fintech Upvest announced the closing of a $42 million Series B financing round - one of the largest German fintech funding rounds in 2022. Bessemer Venture Partners is leading the Series B with Earlybird and ABN AMRO Ventures doubling down as previous investors and participating in Notion Capital, Partech, 10x Group, Speedinvest and Maximilian Tayenthal (N26).
Crypto Payments Company TripleA Secures $4M in Funding Led By Razer’s zVenture
- 2 years 6 months ago
- Fundraising News
Today TripleA, a Crypto Payments Company, announced that it secured $4 million in funding led by a leading global lifestyle brand for gamers, Razer’s corporate ventures arm, zVentures. TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS).
Institutional Crypto & Digital Asset Management Platform Rooba Finance Raises $1.3 Million in Seed Round
- 2 years 6 months ago
- Fundraising News
Institutional Crypto & Digital Asset Management Platform Rooba Finance has raised $1.3 Million in a Seed round led by Inflection Point Ventures. It also saw participation from LetsVenture, Endurance Capital, KubeVC and Other prominent angel investors. The funds raised will be utilized towards Platform Development, setting up a licensed platform overseas and enabling a global GTM.
Digital Banking Vendor Narmi Raises $35M
- 2 years 6 months ago
- Fundraising News
Narmi, a leading provider of open digital banking technologies, today announced $35M in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi is one of the fastest-growing companies servicing financial institutions in the United States and plans to leverage the new capital to develop its digital banking solutions more broadly, partner with new financial institutions, and accelerate the digital modernization of... more
Shard Credit Partners Venture Debt Fund
- 2 years 6 months ago
- Fundraising News
Shard Credit Partners Limited announces the successful first close of its inaugural UK technology-focused venture debt fund, with £16.5 million in commitments from the UK and European institutional investors, alongside UK technology industry entrepreneurs. The fund will make investments in senior secured loans with equity warrants to venture capital-backed businesses in the B2B SaaS and Fintech sectors located throughout the UK.
Brazilian Payments Platform Destaxa Raises $3.1 Million Seed Round
- 2 years 6 months ago
- Fundraising News
Destaxa, a payments platform that operates as a two-sided marketplace for payment acquirers and offline merchants in Brazil, announced today it has raised a $3.1 million seed round.
Webio Secures $4M to Scale Conversational AI in the Collections and Payments Industry
- 2 years 6 months ago
- Fundraising News
Irish start-up Webio, a leader in Conversational AI in the credit, collections and payments industry, has today announced a series A funding round led by Finch Capital. Webio is primed to scale-up following the digital shift during the pandemic and the uncertain economic climate to make difficult conversations about payments easy through their Conversation AI.
Viva Capital Funding Completes $18.5 Million Investment Grade Notes Offering
- 2 years 6 months ago
- Fundraising News
Viva Capital Funding, LLC ("Viva"), a leading invoice factoring speciality finance company, announced today the closing of $18.5 million of Senior Secured Notes to a group of institutional investors. The transaction was assigned a BBB rating by a nationally recognized statistical ratings organization.
MFS Africa Announces the Extension of its Series C to US$200 Million
- 2 years 6 months ago
- Fundraising News
MFS Africa, Africa’s largest digital payments network, today announces that it has secured an additional US$100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to US$200 million. New investors, Vitruvian Partners and AXA IM Alts joined the extension, alongside existing investors, AfricInvest FIVE and CommerzVentures, who re-invested in the extension.
