BankTech Ventures Commits $13.5 Million in Funding to Emerging Fintech Enterprises
- 1 year 1 month ago
- Fundraising News, Investment
BankTech Ventures, a strategic investment fund focused on enhancing community banks, announced today its continued commitment to community banks’ more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of 2023. BankTech has invested over $40 million in companies that have been specifically selected due to their work with community banks.
Basis Raises $3.6M with an AI Platform for Accounting Firms
- 1 year 1 month ago
- Fundraising News
Basis, an AI platform for accounting firms, has emerged from stealth with a $3.6 million seed round led by Better Tomorrow Ventures with participation from BoxGroup, Avid Ventures, several top accounting firms, and leaders from the accounting and machine learning communities.
Prove Identity Secures $40 Million in Funding Led By Massmutual Ventures and Capital One Ventures
- 1 year 1 month ago
- Fundraising News
Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures.
Globacap Raises $21M Series B to Drive Digitisation of Private Capital Markets
- 1 year 1 month ago
- Fundraising News
Globacap, has today announced the successful completion of a $21m Series B round of funding as the firm ramps up its drive to digitise and automate the world’s private capital markets. Investors include capital markets heavyweights Moore Strategic Ventures, LLC, Cboe Global Markets, Inc., and the Johannesburg Stock Exchange (JSE), as well as GABI Ventures and leading Asia-focused investment firm, QBN Capital.
The Spanish Company Flanks Raises $8M for Open Wealth Platform
- 1 year 1 month ago
- Fundraising News
Open wealth platform Flanks has secured $8 million in a Series A round led by Earlybird Venture Capital, and followed by the existing investors JME Ventures and 4Founders Capital. Raffaele Terrone, co-founder of the Italian FinTech unicorn Scalapay, and Martin Kassing, co-founder and CEO of Upvest, supported the round as angels.
Darwinium Raises $18 Million to Accelerate Global Adoption of its Edge-based Digital Security and Fraud Prevention Platform
- 1 year 1 month ago
- Fundraising News
Darwinium, a next-generation digital security and fraud prevention platform, today announced it has raised $18 million in Series A financing led by U.S. Venture Partners (USVP), with participation from seed investors: Blackbird, Airtree Ventures and Accomplice.
Nova Credit Raises $45M Series C Financing to Scale Cash Flow Underwriting and Verification Solutions Across the Credit Industry
- 1 year 1 month ago
- Fundraising News
Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding.
Insurtech Startup for Commercial Line ‘Alwrite’ Raises Rs 10 Crore in Seed Funding
- 1 year 1 month ago
- Fundraising News
Alwrite, a next-generation tech platform empowering insurance titans and intermediaries has raised Rs 10 crore in its seed funding round from a group of venture capitalist and angel investors. Alwrite is a B2B tech platform that enables insurance companies, brokers, agents, corporate agents and banks to accelerate the quote placement process to provide seamless insuring services and to offer the best insurance options to their corporate clients.
Tap Invest (Formerly Leaf Round) Raises $ 2 Million in Seed Round
- 1 year 1 month ago
- Fundraising News
Fixed Income Investment platform, ‘Tap Invest’ , formerly known as ‘Leaf Round’ today announced the closure of its USD 2 Million in seed funding round.
SME Lender iwoca Raises New £200 Million Funding Line After Reaching £2.5B in Finance Lent
- 1 year 1 month ago
- Fundraising News
iwoca, one of Europe’s largest SME lenders, today announces a new funding line with initial commitments of £200 million from Barclays and Värde Partners.
Stash Financial Raises $40 Million
- 1 year 1 month ago
- Fundraising News
Stash, a fintech app focused on investing, recently secured $40 million through a convertible note, a form of short-term loan that can be converted into equity later. T. Rowe Price, an early and existing supporter of the company, led this funding round. CEO Liza Landsman explained that employing convertible notes allows Stash to extend its path to profitability without needing to establish a valuation, providing adaptability in the current... more
Instant Payment Fintech Lopay Secures £6M in Seed Round
- 1 year 1 month ago
- Fundraising News
FinTech start-up Lopay has secured £6m from a recent funding round as it looks to supercharge the instant payments market. Securing £6m in a keenly contested seed funding round, Lopay garnered investments from notable venture capital entities including BackedVC and Portage, alongside the Venture Collective and an ensemble of angel investors.
Neobank Zolve Secures $100M Debt Facility to Help Immigrants with Their Banking Needs
- 1 year 1 month ago
- Fundraising News
Zolve, an “international neo-banking company”, has reportedly successfully secured a debt facility of up to $100m. The financing came courtesy of Community Investment Management (CIM), according to a report from Business Standard.
Canopy Raises $15.2M to Fuel Growth Plans in 2024
- 1 year 1 month ago
- Fundraising News
Canopy, the trailblazing FinTech loan management platform, has successfully amassed $15.2m in its recent investment round.
Berlin-based TransactionLink Raises €5M Seed Round for KYC/KYB Automation
- 1 year 1 month ago
- Fundraising News
TransactionLink, the drag-and-drop builder saving onboarding teams time and money, has raised a €5m seed round to expand its KYB (know your business) product into new sectors and grow its co-headquarters in Berlin and London.
