Digital Bank Zopa Raises £75 Million to Accelerate its Growth
- 1 year 2 months ago
- Fundraising News
Digital bank Zopa has raised £75 million ($95m) in Tier 2 capital to further accelerate its growth, supporting its vision to become Britain’s best bank. The funding will be used to fuel Zopa’s continuous growth and expansion. It brings the total capital raised by Zopa Bank to £530 million, with £150 million raised in 2023 alone.
Firstcard Announces $4.7 Million in Seed Funding To Build Better Banking for College Students
- 1 year 2 months ago
- Fundraising News
Firstcard, a fintech startup building better banking for college students, today announced that it has raised $4.7 million in Seed funding from VCs and Angels such as AngelList Early Stage Quant Fund. This comes a year after the company’s $3 million Pre-Seed fundraise, bringing the total funding to date to $7.7 million.
UAE-based Fintech MyZoi Raises $14 Million to Bolster Financial Inclusion
- 1 year 2 months ago
- Fundraising News
myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million from SC Ventures and SBI Holdings, as it obtains two regulatory licenses from the Central Bank of the UAE. These achievements mark a significant milestone in myZoi’s mission to enable, digitise and simplify access to essential financial services for over 5 million low-income migrant workers in the United Arab Emirates... more
Momnt Announces New $15 Million Investment, Continues to Drive Fintech Innovation
- 1 year 2 months ago
- Fundraising News
Momnt, a leading financial technology company specializing in real-time lending and payment solutions for businesses, is announcing the closing of its latest capital raise, totaling $15 million. TruStage Ventures led the investment with participation from Saluda Grade Ventures, existing investors, and a new investment from a fund within Rockefeller Asset Management.
Brine Fi Hits $100M Valuation with $16.5M Round as it Launches Top Ranking Decentralised Exchange
- 1 year 2 months ago
- Fundraising News
Centralized Exchanges (CEXs) that trade cryptocurrencies have been under fire ever since the FTX fallout. This led to a surge in interest in Decentralised Exchanges (DEXs) for traders seeking some safeguards for their portfolios. Yet these DEXs remain cumbersome for users to execute trades and manage profitability.
Strise Raises $10.8M to Redefine Anti-Money Laundering Automation
- 1 year 2 months ago
- Fundraising News
Strise, the anti-money laundering (AML) intelligence software company, announced today its $10.8m Series A funding round. Leading VC Atomico led the round with participation from existing investors.
GenTwo Raises Series A led by Point72 Ventures
- 1 year 2 months ago
- Fundraising News
GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced today that it has raised a USD 15 million Series A led by US-based Point72 Ventures. In conjunction with the investment, Pete Casella, Senior Partner and Co-Head of Fintech investments at Point72 Ventures, joins GenTwo’s board of directors.
African Fintech Anchor Raises $2.4M to Expand Product Offerings
- 1 year 2 months ago
- Fundraising News
Anchor, a Nigerian banking-as-a-service (BaaS) provider, has raised $2.4 million in seed investment. Justin Kan’s Goat Capital led the financing round which also welcomed participation from FoundersX, Rebel Fund and some existing investors, including Y Combinator and Byld Ventures.
Akur8 Raises Another $25M and Introduces New Investor FinTLV
- 1 year 2 months ago
- Fundraising News
Akur8, the next-generation insurance pricing solution powered by Transparent AI, has closed a new funding round of $25m, bringing its total funding to $60+m. This latest investment round closed four years after Akur8 first commercialized its platform and introduces a new investor, FinTLV, a global Insurtech and fintech venture capital fund based in Tel Aviv. Besides FinTLV, Guidewire Software, Inc. is also investing in this round, together with... more
Indian FinTech CredRight Raises $9.7M
- 1 year 2 months ago
- Fundraising News
FinTech startup, CredRight, based in Hyderabad, has successfully raised approximately $9.7m, a combination of both equity and debt.
Bank-verified Digital Identity Service OneID Raises £1 Million from ACF Investors
- 1 year 2 months ago
- Fundraising News
OneID, the UK’s only provider of bank-verified digital identification services, has secured £1 million in new funding from ACF Investors. The investment will be used to further develop its product and bolster its mission to make the world a safer place by helping people prove who they are online easily and securely.
MoonPay Launches Early-stage Venture Arm to Fuel Innovation
- 1 year 2 months ago
- Fundraising News
MoonPay – the world’s leading Web3 infrastructure company – today announced the launch of its investment arm, MoonPay Ventures. The new division enables MoonPay to collaborate with and support trailblazing startups to drive industry-wide value and onboard the world to Web3.
Instant Financial Secures Funding to Propel Payday Revolution
- 1 year 2 months ago
- Fundraising News
Instant Financial, a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a leading fintech-focused venture capital firm, and an original investor in Instant.
African Fintech Zanifu Secures New Funding Round
- 1 year 2 months ago
- Fundraising News
Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa.
Dubai-based FinTech MALY Raises $1.6M in Seed Round
- 1 year 2 months ago
- Fundraising News
MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card. The funds were secured from a consortium of renowned GCC-based angel investors, reflecting their belief in the start-up’s vision to reshape financial wellness in the UAE and broaden its reach to other regional markets.
