Archangels Secures £12M Co-investment Agreement with British Business Investments
- 8 months 3 weeks ago
- Fundraising News
Archangels, a leading business angel syndicate investing in early-stage Scottish life sciences and technology companies, is bolstering its funding firepower after securing a £12m co-investment agreement with British Business Investments via its Regional Angels Programme. The deal will provide the Edinburgh-based syndicate with additional capital to fuel the success of Scotland’s next generation of entrepreneurs and innovators.
Mercury Financial Has Closed a $200 Million Debt Facility to Drive Growth of its Credit Card Business for the Middle-Class
- 8 months 3 weeks ago
- Fundraising News
Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman. Mercury will use the funds to expand its credit card business and continue its mission of providing middle-class Americans responsible financial products to improve their lives.
GlossGenius Secures $28M in Series C Funding from L Catterton
- 8 months 3 weeks ago
- Fundraising News
GlossGenius, a platform designed to handle bookings and payments for salons and spas, today announced that it raised $28 million in a Series C funding round led by L Catterton with participation from Bessemer Venture Partners and Imaginary Ventures.
Croissant, a Fintech Platform Launches $24M in to Change the Future of Commerce
- 8 months 3 weeks ago
- Fundraising News
Croissant, a fintech platform with a mission to empower intentional commerce, launched today with $24 million in seed funding from a suite of top investors, including Portage and KKR co-founders George Roberts and Henry Kravis. Initial funding was used to accelerate Croissant’s MVP launch via a best-in-class founding team led by Co-Founder and CEO John Howard (formerly of KKR), Co-Founder and CTO John Klose (Amazon, PayPal), and Head of Product... more
Designed to Battle the Cost Of Living Crisis, Debt Prevention Platform, Superfi, Raises $1M
- 8 months 3 weeks ago
- Fundraising News
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis. The round was led by UK seed fund Ascension and its impact fund, Fair By Design, and includes Force Over Mass, and a number of other prominent investors.
Animoca Brands to Invest US$30 Million in hi, form Strategic Partnership
- 8 months 3 weeks ago
- Fundraising News
hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, subject to agreement of definitive terms, Animoca Brands will invest US$30 million in hi and collaborate on a number of exciting initiatives.
Immediate Closes a $16 Million Round of Growth Funding
- 8 months 3 weeks ago
- Fundraising News
Immediate, an earned wage access company, announced today a $16 million round of funding. These funds, split between growth equity and a working capital facility, will enable Immediate to accelerate its growth trajectory in the workplace financial health sector.
Ennabl Raises $8M In Series A Fundraising Round
- 8 months 3 weeks ago
- Fundraising News
Ennabl, a leading Insurtech data analytics platform, is proud to announce the successful completion of its Series A funding, which has raised $8M. This funding will accelerate the company's growth and expand its market reach.
Settle Secures $145M in Debt Financing
- 8 months 3 weeks ago
- Fundraising News
Leading cash-flow management platform, Settle, has recently secured an impressive $145m credit facility. The hefty investment comes from Silicon Valley Bank, a division of First Citizens Bank, and significantly boosts Settle’s potential to support high-growth e-commerce, consumer brands, and small businesses.
UK's FinTech Space Ranks Second Worldwide Despite a Funding Drop in H1 2023
- 8 months 4 weeks ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - UK Semi-Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the UK FinTech space.
Australian Fintech Lumi Raises $15M
- 8 months 4 weeks ago
- Fundraising News
Lumi, an Australian company specialised in lending to small and medium-sized enterprises (SMEs), has successfully concluded a capital raise of $15m.
GIMO Raises US$17.1 Million To Promote Financial Inclusion In Vietnam
- 8 months 4 weeks ago
- Fundraising News
GIMO - a startup that provides a flexible salary payment solution towards the goal of financial security for low- and medium-income workers in Vietnam, officially completed the Series A funding round, with a total mobilized capital of up to 17.1 million USD.
Crypto Fantasy GameFi, Kandle, Raises $1.7 Million in Seed Funding Led by Saama
- 8 months 4 weeks ago
- Fundraising News
Kandle.xyz, a crypto fantasy GameFi project from Singapore, has announced a USD 1.7 million seed round led by Saama. The funding will be used to develop the platform further and expand its user base, featuring their flagship product ‘Crypto Fantasy Leagues’ - a game that allows players to choose crypto coins as their battle tokens and face off against other players in a battle of the portfolios.
bunq Secures €100M in Growth Capital Despite Market Downturn
- 8 months 4 weeks ago
- Fundraising News
bunq, the second largest neobank in the EU, secures an additional €44.5M in growth capital, bringing the total capital injected into bunq this year to nearly €100M. This fresh capital allows the mobile bank to further accelerate its international expansion and continue its rapid growth. Current investors Ali Niknam, Pollen Street Capital and Raymond Kasiman joined the round and committed to an investment valuation of €1.65 billion, despite this... more
Funding into FinTech Startups in India Plunges 67% in H1 2023
- 8 months 4 weeks ago
- Fundraising News
Tracxn, a leading global SaaS-based market intelligence platform, has released its FinTech - India Semi Annual Funding Report - H1 2023. The report, which is based on Tracxn’s extensive database, provides insights into the Indian FinTech space.
