Recognise Bank Secures £25M Investment to Increase Loan Book and Develop New Products
- 1 year 11 months ago
- Fundraising News
Digital SME lender and savings provider Recognise Bank has conditionally raised a further £25 million in investment from its group's largest shareholder. The fresh investment will be used to support Recognise’s commercial lending and to fund the continued development of new products and technology for SMEs.
LumiShare Secures $3.2M Led by His Highness MBA Al Nahyan from Abu Dhabi Royal Family for its Uncorrelated-asset-backed Crypto Platform
- 1 year 11 months ago
- Fundraising News
LumiShare, a blockchain-based digital asset management ecosystem, previously known as IllumiShare, raises $3.2 million led by His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi royal family in the early stages of its Abu-Dhabi-licensed $SRG token presale. The money raised will be used to buy gold reserves that will be stored in a safe room at a bank in Abu-Dhabi and in full transparency.
QuantCube Technology Raises Series B Funding to Support Growth in Economic Nowcasting, Harnessing AI and Big Data Analytics
- 1 year 11 months ago
- Fundraising News
Real-time economic intelligence provider QuantCube Technology today announced that it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council, together with previous backers Moody’s and Five Capital, and other private investors.
London Fintech Updraft Raises £108M in Debt and Equity to Power 2023 Growth
- 1 year 11 months ago
- Fundraising News
Financial habit-forming platform, Updraft, announces today its latest investment round, raising another £108 million in equity and debt to power its ambitious growth strategy and deliver savings to its fast-growing user base of 300k members. The senior debt funding round of £100 million was led by NatWest, with Hampshire Trust Bank also joining to create a £160m senior debt facility for the business.
OneBanx Successfully Raised £1,250,000 on Crowdcube
- 1 year 11 months ago
- Fundraising News
Shared bank branch operator OneBanx has closed on a £1.27 million raise on Crowdcube.
Fintech Firm MoneyyApp for Solopreneurs Raises Undisclosed Amount from AngelList’s Early-Stage Quant Fund
- 1 year 11 months ago
- Fundraising News
MoneyyApp, a Fintech platform empowering small businesses, digital native solopreneurs and creators in India, has raised an undisclosed amount in pre-seed round from AngelList Early Stage Quant Fund. MoneyApp would use the funds to expand its operations, increase product development and create awareness around the app to get more creators and solopreneurs into its network.
Opensee Raises EUR11 Million in Series A to Democratise Real-Time Data Analytics for Financial Institutions
- 1 year 11 months ago
- Fundraising News
Opensee, the leading platform allowing business users at financial institutions to analyse the most granular data in real-time, has raised 11 million euros in a Series A funding round led by Omnes Capital, with the participation of Laurion Capital and Societe Generale Ventures.
Berlin-based Family Fintech Bling Secures €3.5 Million Seed Financing
- 1 year 11 months ago
- Fundraising News
Bling Europe, a pocket money card and financial education app for children has secured €3.5 million in seed funding just six months after launch. Bling founder Nils Feigenwinter says the firm has issued more than 10,000 Bling cards to children since its launch in the summer. Bling developed the initial product with support from SocGen-owned BaaS player Treezor.
Bondaval, a B2B Insurtech Company, Raises $15 Million Series A
- 1 year 11 months ago
- Fundraising News
Bondaval, a London-based B2B fintech that gives credit teams the certainty that their receivables will be secured, has raised a $15 million Series A Round, led by Talis Capital.
Mobility Fintech Moove Raises $30 Million from Debut Sukuk for UAE Expansion
- 1 year 11 months ago
- Fundraising News
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is raising $30 million from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd. in its mission to build the largest EV ride-hailing fleet in the MENA region.
Setpoint Announces $43 Million Series A Led by Andreessen Horowitz to Deliver Next-Generation Infrastructure for Asset-Backed Lending
- 1 year 11 months ago
- Fundraising News
Setpoint, the company building infrastructure for modern real estate transactions, today announced that it has closed a $43 million Series A led by Andreessen Horowitz with participation from Henry Kravis (KKR), Spencer Rascoff (co-founder Zillow & 75andSunny
Dreamdata Raises a €6M Series A and Launches a B2B Alternative to Google Analytics
- 1 year 11 months ago
- Fundraising News
Dreamdata has successfully secured €6M in a Series A round led by signals Venture Capital with participation from existing investors InReach Ventures, Crowberry Capital, Seedcamp, Futuristic.vc, and Preseed Ventures.
ADDX Fractionalises Venture Debt Fund by Innoven Capital – a Joint Venture Between Temasek Subsidiary Seviora and UOB
- 1 year 11 months ago
- Fundraising News
Global private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, bringing down the minimum subscription size for individual accredited investors to US$20,000, from US$5 million. Innoven is a joint venture between Seviora Holdings – a wholly owned subsidiary of Temasek Holdings – and UOB.
bondIT Receives a Strategic Investment from BNY Mellon to Drive Digitization of Fixed-Income Investing
- 1 year 11 months ago
- Fundraising News
bondIT, a provider of next-generation investment technology, announced today that it has raised $14M in a new investment round led by BNY Mellon, with participation by existing investors. As part of the investment, BNY Mellon will join bondIT’s Board of Directors.
Allica Bank Raises £100M Series C in Funding Round Led by TCV
- 1 year 11 months ago
- Fundraising News
Allica Bank, the leading fintech SME challenger bank, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Management.
