South&Southeast Asia Fintechs Have Raised USD 53.3B to Date in Alternative Lending, Digital Banking, Payments & Transfers, and E-wallet
- 1 year 6 months ago
- Fundraising News
Over the entire history, fintechs in alternative lending, digital banking, payments & transfers, e-wallet sectors have raised a grand total of USD 53.3 Bn and earned USD 17.8 Bn. The total rate of return (Total Revenue / Total Funding) is approximately 33.4%, which means that for every dollar attracted, fintechs earn an average of 33.4 cents per year on transactions related to their activities.
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
- 1 year 6 months ago
- Fundraising News
NYMBUS®, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors.
Climate Fintech Pyrpose Secures $1 Million in Angel Round
- 1 year 6 months ago
- Fundraising News
Pyrpose, a breakthrough climate finance platform which connects climate-conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise.
Vernost Group Starts Acquisition of VePay with $5 Million Investment
- 1 year 6 months ago
- Fundraising News
Vernost Group, a leading technology solutions provider, announced the launch of its highly anticipated VePay Payments Acquiring and Orchestration technology today.
FlowX.ai Raises $35M for its AI-based Approach to Application Integration
- 1 year 6 months ago
- Fundraising News
FlowX.AI, the world’s first AI enterprise application modernisation platform for large financial services organizations, today announces that it has raised a $35 million Series A funding round.
Fintech Company Ballerine Announces $5 Million Seed Funding to Deliver Open-Source Risk Decisioning Platform
- 1 year 6 months ago
- Fundraising News
Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8.
OpenFin Secures $35 Million in Series D Investment
- 1 year 6 months ago
- Fundraising News
OpenFin, the operating system (OS) of enterprise productivity, today announced that it has secured $35 million in Series D investment. The latest funding round was led by Bank of America with significant participation from Pivot Investment Partners and ING Ventures. Additional investors in the round include CME Ventures, CTC Venture Capital, SC Ventures and Tribeca Early Stage Partners.
Episode Six Announces a $48 Million Series C Financing
- 1 year 6 months ago
- Fundraising News
Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, today announced a $48 million Series C financing led by Avenir, a growth-stage investment firm focused on category-defining, tech-enabled companies.
Tyme Raises $77.8M to Fuel Global Expansion
- 1 year 6 months ago
- Fundraising News
Tyme, one of the fastest-growing digital banking groups in the world, has successfully raised $77.8m from Norrsken22 and Blue Earth Capital. The two new investors have come on board as part of its pre-Series C capital raise. This comes as the group’s South African flagship, TymeBank, celebrates its 7 million customer milestone this month (12 May 2023).
LatAm Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
- 1 year 6 months ago
- Fundraising News
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, today announced that it has closed a $75 million credit facility and $4.5 million pre-series A funding round. The debt financing was provided by i80 Group an investment firm that specializes in providing credit solutions to growth companies, while Advent-Morro Equity Partners, Altio Capital and Independent Capital led the equity round.
Jotelulu Raises €4M to Help IT Companies Easily Deliver Cloud Services to SMEs
- 1 year 6 months ago
- Fundraising News
Jotelulu, a platform that helps transform IT companies into cloud service providers, announced today it has successfully closed €4 million in a Series A round of investment.
PYOR Raises $4 Million in Seed Funding to Power Institutional-Grade Insights for Global Digital Assets Industry
- 1 year 6 months ago
- Fundraising News
PYOR (Power Your Own Research), a pioneer in enabling high-fidelity data and insights for the global digital assets industry, today announced $4 million USD of funding in its seed round. The funding was led by Castle Island Ventures, with additional investment from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and prominent angel investor Balaji Srinivasan.
International Insurtech bolttech Valued at US$1.6 Billion in Series B Up-round
- 1 year 6 months ago
- Fundraising News
bolttech today announced it raised US$196 million in connection with its Series B with an up-round valuation of US$1.6 billion. The round was led by Tokio Marine – Japan’s first insurance company with a 140-year history. Other key investors include global life insurance giant MetLife through its subsidiary MetLife Next Gen Ventures, Malaysia’s sovereign wealth fund Khazanah Nasional, as well as new and existing shareholders.
GTreasury Secures Investment from Hg to Accelerate Growth as a Global Treasury Management Software Platform
- 1 year 6 months ago
- Fundraising News
GTreasury, a treasury, payments, and risk management software provider, today announces that it has secured a majority investment from Hg, a leading investor in global software and services companies.
Regulatory Scrutiny Threatens FinTech Growth: Ex-regulators Raise $1M to Help Comply
- 1 year 6 months ago
- Fundraising News
AMLYZE, a leading RegTech firm specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, has successfully concluded a $1 million pre-seed investment round.
