Allica Bank Secures £30M Tier 2 Capital Facility from British Business Investments
- 2 years 6 months ago
- Fundraising News
British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a new £30m Tier 2 capital facility for a challenger bank, Allica Bank. Allica Bank has been lending to smaller businesses since March 2020, committing over £560m in loan offers in 2021 and is set to offer £1 billion to smaller businesses in 2022.
RegTech Clausematch Secures $10.8M Strategic Investment Round Led by Lytical Ventures, Flashpoint and Sony Innovation Fund
- 2 years 6 months ago
- Fundraising News
Clausematch, a global RegTech company automating policy management and compliance for regulated industries, today announced the close of a US$10.8M strategic funding round led by Lytical Ventures and joined by Flashpoint and Sony Innovation Fund. The new financing will be used to increase the company’s commercial activities in the US and invest in its product, technology and data science teams. The new funds bring the total investment to date to... more
Fintech Swoop Lands £5.4 Million Funding for International Expansion
- 2 years 6 months ago
- Fundraising News
Swoop, the one-stop money shop for businesses has raised £5.4m in a Series A funding round to accelerate international expansion and help more companies to access an array of financing options. The funding announcement follows a surge in demand for SME financing, with revenues at Swoop forecasted to increase by 450% this year.
10/06 – Weekly Investment & Fundraising News
- 2 years 6 months ago
- Fundraising News
Engagement Banking Leader Backbase Raises €120M from Motive Partners
Micro MSME Fintech ARTH Raises $2.5 Million
- 2 years 6 months ago
- Fundraising News
ARTH, a micro MSME fintech, has raised $2.5 million in a funding round led by DEG, MIT alumni and US and Canadian angel investors. The fresh fund will be used to expand the suite of financial services being offered to ultimately be a single-point platform for micro MSMEs. It will also be used for strengthening the technical capabilities and building robust risk management systems to meet the scale requirements.
Factris Secures €10M to Finance Invoices for European SMEs
- 2 years 6 months ago
- Fundraising News
Small business working capital startup Factris secured 10 million euros in funding from NN Investment Partners, a Goldman Sachs-owned asset manager.
Keepit Receives $22.5 Million Funding from Silicon Valley Bank
- 2 years 6 months ago
- Fundraising News
Copenhagen-based cloud backup platform Keepit has raised $22.5 million in debt financing from
Fintech Juni Raises $206M in Major Funding Round to Fuel e-commerce Businesses
- 2 years 6 months ago
- Fundraising News
Juni, the financial companion for e-commerce, today announces the close of its $206 million in Series B and venture debt funding within two years of its inception.
Engagement Banking Leader Backbase Raises €120M from Motive Partners
- 2 years 6 months ago
- Fundraising News
Backbase, the creator of the category-leading Engagement Banking Platform, raised €120 million in growth equity funding from Motive Partners. Having grown organically to over €200 million in revenue, Backbase is now partnering with a Fintech specialist private equity firm, to further strengthen its claim in the Engagement Banking category.
Codat Raises $100 Million to Build the Internet for Business Data
- 2 years 7 months ago
- Fundraising News
Today Codat, the universal API for small business data, announced that it has raised $100 million in a Series C investment round led by JP Morgan Growth Equity Partners. Canapi Ventures and Shopify also participated in the round and Plaid has been publicly named as an investor for the first time. Existing investors Index Ventures and PayPal Ventures also participated in the round. As part of the financing, Patrick McGoldrick, Partner at J.P.
Live Oak Ventures Participates in Series B Financing of AgencyKPI
- 2 years 7 months ago
- Fundraising News
Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in AgencyKPI, the developer of the first business intelligence platform designed to address and manage data in the insurance industry.
LiquidX Announces Strategic Investment by Citi
- 2 years 7 months ago
- Fundraising News
LiquidX, the leading global fintech platform for digitization, monetization, and risk mitigation for working capital, trade finance, and insurance assets today announced a strategic investment from Citi, one of the largest trade finance banks in the world. The funding round was led by Broadridge, LiquidX’s largest strategic investor.
Kushki Reaches Unicorn Status with $100M in New Funding to Accelerate its Development of a Modern Payment Infrastructure in Latin America
- 2 years 7 months ago
- Fundraising News
Kushki, the payment technology company that connects LatAm through payments, today announced a $100 million extension of its Series B fundraising at a valuation north of a billion dollars. The latest round includes participation from new and existing investors including Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital among others, and brings the total amount raised in the combined Series B to $186 million.
LoopingOne Secures €800.000 Strategic Investment From Ebury and Forms Partnership Between Companies
- 2 years 7 months ago
- Fundraising News
LoopingOne, the most flexible KYC and Payments platform for Marketplaces and Platforms has closed its first seed round from Ebury, one of the world's largest fintech companies offering financial solutions to simplify international trade.
Cryptio Raises $10 Million for Their Enterprise Crypto Back-Office Platform
- 2 years 7 months ago
- Fundraising News
Cryptio, an enterprise-grade back-office platform, has secured $10 million in a Series A round led by Point Nine, early investors in Chainalysis, Zendesk, and Revolut. Other participants include BlueYard, Alven, Coinshares, Avantgarde Finance, Protocol Labs, and Draper Associates. Senior executives from Twitter, GoCardless, Fireblocks, and Ledger also participated in the round as angel investors.
