Lendable Raises £210 Million at £3.5 Billion Valuation

• 2 years 9 months ago
• Fundraising News

Consumer finance platform Lendable, based in London, has raised £210 million in a funding round led by the Ontario Teachers' Pension Plan Board. Lendable, founded in 2014, connects global institutional investors and borrowers across all major product categories, including loans, credit cards, and auto finance. 

Lloyds Bank invests £5 million in working capital platform Satago

• 2 years 9 months ago
• Fundraising News, Banking

Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.The deal with Satago follows a competitive tender process and a six month trial of the technology. Once deployed it will introduce a new digitised proposition for lending to the bank's SME customers. 

EMGA Advises Annapurna Finance on Their EURO 15M Debt Raise with Funding from OeEB

• 2 years 9 months ago
• Fundraising News

Annapurna Finance raised EURO 15 mn of senior debt from OeEB the Development Bank of Austria, this facility will provide financial assistance to its clients in microfinance space. EMGA advised on the transaction. The EUR 15 million debt facility comes at a time when financial institutions world-wide are exploring new cross-border funding options to further deliver on their objectives.

Atlan Raises $50M Series B led by Salesforce Ventures, Sequoia and Insight to Build a Collaboration Hub for Data Teams

• 2 years 9 months ago
• Fundraising News

After growing 10x in 2021, Atlan plans to leverage this financing to accelerate product development and invest in go-to-market. Atlan announced that it has closed its $50M Series B round led by Insight Partners, Salesforce Ventures, and Sequoia Capital India. Several founders in the data space participated in the round including Fivetran founder Taylor Brown and ThoughtSpot founder Ajeet Singh.

Brazilian Fintech Noh Raises $3m Seed Funding to Kick-start the Digital Age of ‘multi-player Finances’

• 2 years 9 months ago
• Fundraising News

Automatic bill-splitting app wins backing from Kindred Ventures, Twitter co-founder Biz Stone and Monzo founder Tom Blomfield in its first funding round

04/03 – Weekly Investment & Fundraising News

• 2 years 10 months ago
• Fundraising News

Fintech Delio secures $8.3 million growth funding led by Octopus Ventures to connect private markets on a global scale 

Know Your Business Startup Detected Raises £1.5 million

• 2 years 10 months ago
• Fundraising News, IT Innovations

CommerzVentures Closes €300m Third Fund

• 2 years 10 months ago
• Fundraising News

CommerzVentures, the specialist fintech investor, announce their third €300m fund.

nSure.ai’s Real-time Fraud Prevention Intelligence Platform Raises $18M Series A to Revolutionize Business in the Virtual Economy

• 2 years 10 months ago
• Fundraising News, Cryptocurrencies, Fraud Detection

Online retailers of FinTech products, cryptocurrencies, NFTs, games, and others sacrifice 30% of sales due to fraud suspicions. nSure.ai’s real-time fraud protection intelligence reduces decline rates by 90%, using merchant-specific data to approve up to 98% of transactions.

25/02 – Weekly Investment & Fundraising News

• 2 years 10 months ago
• Fundraising News

1. Sweater closes $12 million in new funding to fuel the venture capital revolution 

Cryptocurrency Firm Amber Gets Funding From Singapore’s Temasek at Us$3 Billion Valuation

• 2 years 10 months ago
• Fundraising News

Amber Group’s senior executives have relocated to Singapore from Hong Kong over the past few months, underscoring the city state’s emergence as a hub for the crypto industry Temasek’s funding comes even as Singapore is clamping down on the more speculative aspects of crypto while at the same time encouraging institutional participation

Scalapay Raises $497M in Series B Funding

• 2 years 10 months ago
• Fundraising News, Payments

Scalapay, a Milan, Italy-based payment solution that enables customers to buy now and pay later (BNPL) without interest, raised $497M in Series B funding.

B2B Fintech Unicorn Tipalti Raises $270 Million at a Valuation of $8.3 Billion

• 2 years 10 months ago
• Fundraising News, Payments

Tipalti, the leading global payables solution, today announced it has raised $270 million in series F funding at a valuation of $8.3 billion, bringing total funding raised to date to just over $550 million and placing Tipalti among the most valuable private fintech companies in the world. Tipalti will use the funding to accelerate its product roadmap and customer operations, as well as expand globally to transform global financial operations for... more

Sweater Closes $12 Million In New Funding To Fuel The Venture Capital Revolution

• 2 years 10 months ago
• Fundraising News

Sweater, a fintech company building the first fully-managed venture capital fund that is open to everyday investors, closed a monumental $12 million series seed round of funding. The round was co-led by Motivate VC and Akuna Capital, with participation from Jeffrey Cruttenden (Co-founder of Acorns), Eli Broverman (Co-founder of Betterment), Litquidi

Fintech Nayapay Secures $13m as It Rolls Out Digital Payments Revolution in Pakistan

• 2 years 10 months ago
• Fundraising News, Payments, FinTech StartUps

Investment: NayaPay secures $13m in one of the largest seed rounds in South Asia to spearhead the fintech revolution in Pakistan Action: NayaPay aims to address the needs of underbanked citizens and SMBs, enabling them to create accounts and start transacting within a few minutes Ambition: NayaPay to scale and serve 5m consumers and businesses across Pakistan as it builds its two-sided platform comparable to Square Cash/Square, WeChat Pay,... more