Collective Raises $50M to Become First AI-Powered Finance Platform for Freelancers
- 1 year 4 months ago
- Fundraising News
Collective, the first all-in-one online back-office platform for solopreneurs, announced it has raised $50M from a syndicate of investors including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others.
Solaris Closes €38 Million Funding Round
- 1 year 4 months ago
- Fundraising News
Solaris SE, Europe’s leading embedded finance platform, announced today the EUR 38 million first close of its Series F round, led by existing investors. As previously stated, Solaris will use the funds primarily to strengthen governance and compliance and lay the foundation for the company's next phase of growth.
African Fintech Startup Moove Secures $8M from Absa for Ghana Expansion
- 1 year 4 months ago
- Fundraising News
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured funding of $8m from Absa Corporate and Investment Banking. This move is a stride towards expanding its vehicle fleet in Ghana, according to a report from Tekedia.
Chilean FinTech Shinkansen Secures $3M for Cross-border Expansion
- 1 year 4 months ago
- Fundraising News
Shinkansen, a burgeoning FinTech start-up hailing from Chile, has recently celebrated the successful closure of a seed investment round. The young company is known for its revolutionary approach to speedy financial transactions, reflecting the swift movement of Japan’s Shinkansen train network which inspired its name.
Silvr Signs a New Securitized Facility of up to €200 Million with Citi and Channel
- 1 year 4 months ago
- Fundraising News
Silvr, an innovative neo-lender focused on serving small and medium-sized enterprises (SMEs), has achieved significant strides in the past few years since its inception in 2020.
Clair Raises $175 Million in Funding to Launch First Free, On-demand Pay Solution Powered by Pathward®, N.A., to Help Front-line Workers Get Paid Same Day
- 1 year 4 months ago
- Fundraising News
Clair, a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. The new program provides for a participation amount of up to $150 million, which allows front-line workers to take wage advances from Pathward.
InsurTech Qover Secures $30M in Series C Funding Round
- 1 year 4 months ago
- Fundraising News
In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round. Qover’s mission, to craft a comprehensive safety net that safeguards everyone, globally, underscores its commitment to innovative solutions in the InsurTech space.
Numarics Raises Over €10M to Build the Business OS for SMEs
- 1 year 4 months ago
- Fundraising News
Swiss FinTech startup Numarics, a company building the business OS, has raised a €10.2M seed round for its automated accounting and administration solution tailored to SMEs.
Nigerian FinTech Zuvy Secures $4.5M for SME Liquidity Solutions
- 1 year 4 months ago
- Fundraising News
Zuvy, a dynamic Nigerian invoice financing company, has bagged a substantial $4.5m in a debt and equity funding round. The firm, known for its innovative approach to managing invoice software and providing discounting services, has drawn global investors keen on supporting its mission.
VersiFi Announces Seed Funding And Partnership With Hunting Hill Group
- 1 year 4 months ago
- Fundraising News
VersiFi, a partner-powered prime services platform for digital assets, today announced its partnership with The Hunting Hill Group (“HHG”), a digital-asset-focused investment firm whose founders have extensive experience as participants and advisors in the digital currency alternative fund space. The collaboration will provide VersiFi with invaluable strategic guidance and support, enabling the new firm to effectively leverage its skills and... more
Tandem Bank Secures £20 Million after Successful Capital Raise
- 1 year 4 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 4 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 5 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 5 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 5 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
