FINBOURNE Partners with Kreos Capital, Securing a £30 Million Debt Facility to Fuel Future Growth Plans
- 1 year 7 months ago
- Fundraising News
FINBOURNE Technology today announces its partnership with market-leading debt provider, Kreos Capital, to secure up to a £30 million debt facility. The funding forms an extension to FINBOURNE’s Series A round (April 2021).
Strata Secures $26M Series B Financing
- 1 year 7 months ago
- Fundraising News
“We’re announcing our Series B financing of more than $26M to support Strata Identity’s rapid growth and to keep pace with the rapidly emerging next generation of identity for multi-cloud.” Eric Olden, CEO and Co-Founder at Strata Identity
Hawk AI Accelerates Global Expansion with $17 Million Series B
- 1 year 7 months ago
- Fundraising News
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including DN Capital, Coalition, BlackFin Capital Partners, and Picus Capital.
Invoice Finance Provider Accelerated Payments Hits €1 Billion Funding Milestone
- 1 year 7 months ago
- Fundraising News
Business funding provider Accelerated Payments today announced it has advanced in excess of €1 billion worth of invoice financing on its fifth anniversary. The milestone comes as the fast growing fintech doubles its work force and extends its global reach, with offices in Europe, the UK, Canada and the USA.
Regtech Salv Raises €4M to Fuel the European and UK Expansion of its Real-time Collaborative Crime-fighting Platform
- 1 year 7 months ago
- Fundraising News
Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension led by ffVC, with German G+D Ventures and existing investors also participating. The funds will allow Salv to further develop its modular regtech technology and support geographical expansion to new territories, including Poland. Salv’s collaborative crime-fighting technology
DailyPay Announces $260 Million in New Funding
- 1 year 7 months ago
- Fundraising News
DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.
Dubai-based Startup, Wafeq, Raises $3M
- 1 year 7 months ago
- Fundraising News
In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the introduction of the general levy on consumption across the region. The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for the first time businesses in these territories were required to file VAT returns periodically.
Reimbursement and Spend Management Platform PayEm Secures $220M in Equity and Debt
- 1 year 7 months ago
- Fundraising News
PayEm, which offers spend and procurement management services, has raised $220m in a mix of equity and credit financing. The funds were supplied by Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others. With this fresh equity, PayEm plans to scale its credit cards operation and support larger customers with its payments platform. Funds will also support the continued development of the platform.
B2B Buy Now Pay Later Platform, Tranch, Raises $100 Million Seed Round
- 1 year 7 months ago
- Fundraising News
TRANCH, a buy now pay later (BNPL) platform for SaaS sellers and services providers, has raised $100 million in seed equity and debt funding to bring payment flexibility to a wider pool of B2B customers.
Twinco Capital Raises $12 Million Led by Quona Capital to Expand its Next-gen Supply Chain Finance Platform
- 1 year 7 months ago
- Fundraising News
Twinco Capital, the first global supply chain finance solution that covers the production cycle from purchase order to final invoice payment, announced today it has closed a $12 million equity and debt round.
Sanctions Screening Fintech GSS Raises £37M in First Funding Round as Former Vice Chair of Fed Joins Board
- 1 year 7 months ago
- Fundraising News
RegTech innovator Global Screening Services (GSS) today announced the completion of a successful initial funding round, having raised over $45m / c.£37m from major investors, including AlixPartners, The Cynosure Group, and MUFG. Randal Quarles, chairman and co-founder of The Cynosure Group, and former Vice Chairman of the Federal Reserve System and Chairman of the Financial Stability Board, has joined the GSS board.
PhonePe Raises Growth Funds at a $12 Billion Valuation, Led by General Atlantic
- 1 year 8 months ago
- Fundraising News
PhonePe, one of India’s largest fintech platforms, today announced it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion. The General Atlantic investment marks the first tranche of an up to $1 billion total fundraise that PhonePe has commenced in January 2023. Another new marque global and Indian investors have already been signed up for the second tranche, which... more
Pilon Raises $5.2 Million in Seed Round
- 1 year 8 months ago
- Fundraising News
Pilon, a Singapore-headquartered FinTech firm that offers a cloud-based Supply Chain Financing system, announced today that it has successfully raised a seed round of USD 5.2 million (both debt and equity). Wavemaker Partners led this round, with participation from Octava Pte Ltd and Polaris Kin Pte Ltd.
Core10 Secures $6.5 Million in Series B Funding Round
- 1 year 8 months ago
- Fundraising News
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services, today announced the close of a $6.5 million Series B funding round to support the expansion of its Accrue platform and banking integration services.
nsKnox Raises $17M for its Bank Account Verification Services
- 1 year 8 months ago
- Fundraising News
nsKnox, which offers bank account verification and B2B payment security, has scored $17m in its latest batch of funding. First-time nsKnox backers Link Ventures and Harel Insurance & Finance took a significant part in the round. Existing nsKnox investors M12, Viola Ventures, and Alon Cohen, nsKnox’s founder and CEO, also joined the round.
