Escrowpay to Raise in Excess of 120 Crores to Fuel its Growth and Expansion Plans
- 1 year 5 months ago
- Fundraising News
Escrowpay, India’s first digital escrow platform, is looking forward to raising additional funding of Rs 120 crore as growth capital. In the year 2022, the company raised 2 rounds of pre- A2 funding. The company has witnessed 8X growth in its transaction processing volume (TPV), with the average size of the transaction of Rs. 750,000, and eyeing to achieve Rs10,000 crore as its TPV target for the financial year 2023.
LI.FI Raises $17.5 Million Series A to Help Traditional Finance Build on DeFi
- 1 year 5 months ago
- Fundraising News
LI.FI, the leading multi-chain liquidity and data gateway, announced today that it has raised more than $17 million in a Series A fundraise co-led by
Finverity Raises $5M Equity Funding as Revenues Grow 15x
- 1 year 5 months ago
- Fundraising News
Finverity, the digital ecosystem for trade and supply chain finance, today announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors.
Paytrix Secures $18.3M Series-A Funding to Realise Vision of Simplifying Global Payments
- 1 year 5 months ago
- Fundraising News
Paytrix, the London-headquartered fintech that simplifies global payments for high-growth businesses, announces that it has raised US$ 18.3 million in Series A funding to drive product development and international expansion.
Patentrenewal.com Reshapes the Intellectual Property Industry - Receives €2M in Funding
- 1 year 5 months ago
- Fundraising News
PatentRenewal.com, a rapidly growing Danish SaaS scale-up raised €2M from Finnish early-stage SaaS Investor Vendep Capital. The company is already one of the market leaders in the Nordics when it comes to renewing patents, and with the help of the investment they aim to continue their journey in expanding in the IP industry. A growing $6B IP renewals market
Barclays-backed Bink Secures Lifeline with £9M Funding Round
- 1 year 5 months ago
- Fundraising News
Bink, a loyalty app backed by Lloyds and Barclays Bank, has secured £9 million in a funding runway that will see it through to Q1 2024. According to Sky News, Loyalty Angels, the holding company that owns Bink, has reportedly secured £7.5 million of funding commitments from its existing investors and will underwrite another £1.5 million of investment.
Raisin Announces €60 Million Funding
- 1 year 5 months ago
- Fundraising News
The Berlin-based Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the company in 2012. Raisin has been profitable for half a year and currently manages a total of €38 billion Assets under Management (AuM) for customers globally. In... more
Cross-border Payments Firm Thunes Raises US$30 Million
- 1 year 5 months ago
- Fundraising News
Thunes, a global cross-border payments firm headquartered in Singapore, has raised US$30 million from London-based hedge fund Marshall Wace, according to VentureCap Insights, which tracks regulatory filings in the city-state. Peter de Caluwe, CEO of Thunes, has confirmed to Tech in Asia that Marshall Wace is the new investor.
Kredivo Holdings, the Leading Southeast Asian Digital Financial Services Platform, Closes ~US$270m Series D Equity Round
- 1 year 5 months ago
- Fundraising News
Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, today announced that it has raised ~US$270 million in equity financing in a significantly oversubscribed round, bringing its Series D fundraise to a successful close. This round was led by Japanese global bank Mizuho Bank, Ltd., a subsidiary of Mizuho Financial Group, Inc.
Rain Instant Pay Closes Historic Funding
- 1 year 5 months ago
- Fundraising News
Rain, a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A with participation from firms including WndrCo, Tribe Capital, and Dreamers VC, which was co-founded by Will Smith. The debt facility was arranged by Sound Point Capital Management, LP.
HeavyFinance Closes 3 Million Euro Seed Funding Round
- 1 year 5 months ago
- Fundraising News
HeavyFinance, a climate tech investment marketplace for the agricultural industry, has successfully raised €3 million during its seed funding round, led by VC firm Practica Capital. HeavyFinance is a European Fintech tackling the climate crisis, providing financing and loan schemes for companies in the sustainable agriculture sphere, with the goal of removing 1 gigaton of CO2 emissions by 2050.
eToro Completed a Funding Round of $250 Million at a Valuation of $3.5 Billion
- 1 year 6 months ago
- Fundraising News
eToro, an Israel-based trading platform, announced on Tuesday it raised $250 million after its plan to go public via SPAC fell through. After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation.
Two Secures €18 Million Series A Funding to Fix B2B Payments
- 1 year 6 months ago
- Fundraising News
Norwegian business-to-business payments firm Two has raised €18 million in a Series A funding round led by Shine Capital and Antler.
emma Raises $6 Million in Seed Funding to Slash Multi-cloud Costs and Complexity
- 1 year 6 months ago
- Fundraising News
emma, the first end-to-end, no-code multi-cloud management application platform, today announces that it has raised $6 million in Seed funding in a round led by RTP Global, with participation from AltaIR Capital and CircleRock Capital.
Monite Doubles Seed Round to $10M to Enable B2B Platforms Add New Revenue Streams During the Venture Slowdown
- 1 year 6 months ago
- Fundraising News
Monite, an API-first embedded finance workflows startup, has secured an aggregate $10M in Seed financing to help platforms working with SMBs capitalize on hassle-free B2B payments automation for their clients.
