Tandem Bank Secures £20 Million after Successful Capital Raise
- 1 year 3 months ago
- Fundraising News
Tandem, the UK’s greener digital bank, has secured £20 million in Tier 2 capital from Quilam Capital – a growth investor with expertise in the speciality finance sector. The investment by Quilam further re-enforces the growth trajectory of Tandem as the business seeks to continue its mission of building the UK's leading purpose-led, profitable digital banking platform.
Personal Finance Fintech Achieve Secures $50M Warehouse Facility from Silicon Valley Bank
- 1 year 3 months ago
- Fundraising News
Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that it has provided a $50 million warehouse facility to Achieve, the le
Unit21, the Risk and Compliance Infrastructure Company Helping Clients Prevent Financial Crime, Announces $45M Series C
- 1 year 3 months ago
- Fundraising News
Unit21, the risk and compliance infrastructure company, is excited to share its $45 million Series C funding led by Tiger Global and South Park Commons in 2022.
Hong Kong's OneDegree Closes $55M Series B Round to Expand Digital Assets Insurance
- 1 year 3 months ago
- Fundraising News
Hong Kong-based OneDegree, a leader in digital asset insurance and generative AI-enabled InsurTech solutions, has successfully garnered a significant amount of funding in their recent investment round.
Nokod Raises $8M Seed Round From Seasoned Cybersecurity Investors to Enhance Low-Code/No-Code App Security
- 1 year 3 months ago
- Fundraising News
Nokod Security, a company developing security for low-code / no-code custom applications and Robotic Process Automation (RPA), announced its $8 million seed round, which will be used to establish a presence in the United States market, as well as to expand the R&D teams and support novel research
DeFi protocol AlloyX Raises $2M Pre-Seed Round, Launches Aggregation Platform for $530M+ RWA Loans On Chain
- 1 year 3 months ago
- Fundraising News
AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round1 led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very early Ventures, Archblock, dao5, and Credix Finance.
gigaroo Raises $2.5M in Pre-Seed Funding to Revolutionize GenZ Financial Stability
- 1 year 3 months ago
- Fundraising News
gigaroo, an innovative startup dedicated to empowering GenZ individuals with financial stability, announced today that it has successfully raised $2.5M in pre-seed funding. Since its app launch in early January, the company has garnered a substantial user base of thousands of GenZ individuals and is working with dozens of service industry customers.
Bitpanda Pro Rebrands to One Trading, Raises $33M Series A
- 1 year 3 months ago
- Fundraising News
Fintech startup Bitpanda is splitting into two companies as Bitpanda Pro — the company’s cryptocurrency exchange — is going to become its own independent company called One Trading. As part of this move, One Trading is also raising $33 million (€30 million) in funding.
AI Insurtech Bdeo Raises Additional €7.5M for International Expansion
- 1 year 3 months ago
- Fundraising News
Bdeo, a fast-growing technology company providing Visual Intelligence for the insurance and fleet industries, has raised an additional €7.5 million to accelerate its international expansion and strengthen its position across Europe and Latin America.
Federato Raises $25M in Series B Funding to Continue Catalyzing Insurance’s “AI Moment”
- 1 year 3 months ago
- Fundraising News
Federato, the insurance industry’s first RiskOps underwriting platform, today announced that it has raised $25M in Series B funding, led by Caffeinated Capital, with participation from Emergence Capital and Pear VC. This round comes less than a year after the company announced its Series A.
UK Fintech Freetrade, the Builder of an App for Consumers’ Life Savings, Raises £1.76M+ via Crowdcube
- 1 year 3 months ago
- Fundraising News
UK-based FinTech firm, Freetrade, which portrays itself as the creator of a life savings app, has successfully surpassed its Crowdcube funding target. The firm has raised an impressive £1.76m, significantly more than the £1m target it initially set, according to a report from Crowdfund Insider.
Upp. Raises $10M in Seed Funding as They Continue to Transform Online Selling for Retailers
- 1 year 3 months ago
- Fundraising News
On our mission to disrupt how retailers market and sell their products online, we are excited to announce that we have raised $10 million in a Seed Funding round led by leading U.S VC Bonfire Ventures.
Versori Secures $3.5 Million Investment to Accelerate Growth for its Data Infrastructure Platform
- 1 year 3 months ago
- Fundraising News
Versori, a leading provider of data infrastructure solutions, announced today that it has raised $3.5 million in a funding round led by Stage 2 Capital, with participation from notable angel investors including Cindy Bi of Capital X and Jamie Su, among others.
Treasury Management Fintech Delega Pockets £250,000 from Jenson Funding Partners
- 1 year 3 months ago
- Fundraising News
Delega, a fintech platform designed to simplify how corporations manage their signatories across multiple bank accounts, has secured £250,000 in a Seed round led by early-stage focused venture capital firm Jenson Funding Partners. The investment will be used to further development of the multi-bank tool via the implementation of new features and integration with value added services such as e-signature.
Neem Enters into a Strategic Investment Partnership with DNI Group to Revolutionise Finance Across Emerging Markets
- 1 year 3 months ago
- Fundraising News
It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group. Neem is renowned for its commitment towards revolutionising financial accessibility and inclusivity across emerging markets, particularly in Pakistan.