Fundraising News

05/12 – Weekly Investment & Fundraising News

1 year 11 months ago
Fundraising News

Teampay Raises USD47M in Series B Funding

1 year 12 months ago
Fundraising News

Teampay, a New York-based provider of a purchasing platform, raised $47M in Series B funding. The round, which brought total funding to $65M, was led by Fin Venture Capital, with participation from Mastercard, Proof Ventures, Trestle, and Espresso Capital.

KreditBee Raises $80 Million in Series D

1 year 12 months ago
Fundraising News

KreditBee, one of India’s leading fintech platforms, has secured USD 80 Million as a part of its ongoing Series-D investment round. The current investment saw active participation from existing investors Azim Premji’s Premji Invest, Motilal Oswal Alternates, TPG-backed NewQuest Capital Partners, and Mirae Asset Ventures. The round also saw participation from MUFG Bank, one of the largest financial institutions in the world.

CyVers Raises $8M Led by Elron Ventures to Bring Proactive Security to Web3 Economy, Clearing Way for Mass Adoption

1 year 12 months ago
Fundraising News

CyVers is a leading provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains. The company has announced $8 million in funding led by Elron Ventures. This funding is joined by Crescendo Venture Partners, Differential Ventures, HDI, Cyber Club London, and Cyber Future.

Buckzy Raises USD$14.5 Million in Series A Financing

1 year 12 months ago
Fundraising News

Buckzy Payments, Inc., a leading real-time cross-border payments company, today announced it has secured USD$14.5 million in Series A financing. Buckzy will use the funds to enter new geographies and support the expansion of its product offerings.

Automotive Fintech Start-up Backed by Revo Capital, Autotech Ventures and InMotion Ventures Raises £26 Million in Series A Extension Round

1 year 12 months ago
Fundraising News

Car repairs payment platform www.bumper.co.uk has raised £26.1 million ($30 million) in investment from its Series A extension round, with automotive giants and venture capitals Autotech Ventures, InMotion Ventures (the investment arm of Jaguar Land Rover), ITOCHU and Revo Capital investing in the automotive fintech start-up.

Strategic Risk Associates (SRA) Raises $12M in Series B Funding Led by EJF Capital, JAM FINTOP and FINTOP Capital

1 year 12 months ago
Fundraising News

Strategic Risk Associates (SRA), a leading provider of integrated risk and performance management SaaS technology (WatchtowerTM) for the Financial Services and Insurance Industry, today announced the closing of a $12 Million Series B capital raise.

Kiln Announces €17 Million in Funding to Expand Staking Offering

2 years 5 hours ago
Fundraising News

Today, Kiln announced the close of a €17 million financing round to expand their market-leading staking infrastructure product range.

Atom Bank Raises £30M to Fuel Lending and Further Growth

2 years 3 days ago
Fundraising News

BBVA, Toscafund, and Infinity Investment Partners have agreed to invest £30 million in equity to Atom Bank to power lending and growth. Atom Bank previously raised £75 million in February, making their funding for this year total £105 million.

UK Fintech Atoa Secures $2.2M Pre-seed Round as it Kills Visa and Mastercard Fees for Businesses

2 years 4 days ago
Fundraising News

There are more than 4 million small businesses in the UK which have no viable alternative to debit card payments and are reliant on Mastercard or Visa payment rails. Challenging this status quo, UK fintech Atoa Payments is announcing a $2.2M pre-seed funding round to reduce by 70% the payment fees and offer a new approach to making payments.

Novo Announces $35M in Funding

2 years 5 days ago
Fundraising News

Novo, the powerfully simple fintech platform for small businesses, announced that GGV Capital has joined the company’s Series B as a strategic investor with an additional $35 million. This brings Novo’s Series B to $125 million, and total equity funding to more than $170 million. Robin Li, Principal, GGV Capital will join the board as an observer.

Eurazeo Signs an Agreement to Invest in Neoxam, a Provider of Front-office, Middle-office and Back-office Software for Financial Institutions

2 years 5 days ago
Fundraising News

Eurazeo, via its Small-Mid Buyout team, is today announcing the signature of an agreement with a view to investing in NeoXam, alongside its founder Serge Delpla and its management team led by Florent Fabre. Under the agreement, Eurazeo would invest more than €100 million, thus becoming the group’s majority shareholder. Historical partners (led by Cathay Capital and BPI), shareholders since 2018, would sell their shares on this occasion.

Galgal, the Youth Centric Neobank Startup Raises USD 1 Million to Help Gen Z Squeeze the Most Out of Their Money

2 years 5 days ago
Fundraising News

Founded in 2021, by Harsh Chhatrapati and Arun Iyer, Galgal Money is a new-age Mumbai-based Fintech start-up that focuses on bringing efficient banking solutions to the youth, with the purpose to simplify money management and make savings as stress-free as possible.

Cobee Closes €40 Million Series B Round to Bring the Employee Benefits Revolution to New Markets

2 years 6 days ago
Fundraising News

Cobee, the Spanish start-up revolutionising benefits management, has closed a new €40 million series B round. This operation has been led by the British investment funds Octopus Ventures and Notion Capital, which both specialise in the technology sector and have an interest in companies such as Currency Cloud, Tradeshift, Unbabel, Yulife, GoCardless and Cazoo.