18/11 – Weekly Investment & Fundraising News
- 2 years 1 week ago
- Fundraising News
Agent IQ Expands Executive Team Following $10M Series A Funding
Agent IQ Expands Executive Team Following $10M Series A Funding
- 2 years 1 week ago
- Fundraising News
Following its recent announcement of a successful $10 million Series A funding raise, Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced the addition of fintech industry veteran, Michael Lee, as the company’s new chief sales officer, and the promotion of Soren Bested to chief operating officer.
Mercurity Fintech Holding Inc. Announced Closing of $3.15 Million Private Investment in Public Equity (PIPE) Financing
- 2 years 2 weeks ago
- Fundraising News
Mercurity Fintech Holding Inc. (the "Company" or "MFH"), a digital fintech group powered by blockchain technology, today announced that it has closed the Private Investment in Public Equity (“PIPE”) financing pursuant to the Securities Purchase Agreement (the “SPA”) and Warrant (each, a “Warrant” and collectively, the “Warrants”) with certain non-U.S. investors for gross proceeds of $3.15 million (the “Proceeds”).
WeGift Closes £26 Million Series B Funding as Demand for the Digital Payouts Platform Surges
- 2 years 2 weeks ago
- Fundraising News
WeGift, the industry leader in digital payouts, today announced the closing of a £26 million Series B, furthering its mission to allow anyone to transfer any digital currency more freely across the globe. New investors included Element Ventures, which led the round, along with Clocktower Ventures and Volution Capital. Existing investors including CommerzVentures, AlbionVC and SAP increased their investments.
AGAM Set to Accelerate Lending Revolution for Individuals and Businesses as it Completes Investment Round
- 2 years 2 weeks ago
- Fundraising News
AGAM, the UK-headquartered next-generation fintech, which is revolutionising lending for individuals and businesses, has announced the completion of its latest funding round today.
Banked Secures US$15M Led by Insight Partners, Citi, National Australian Bank Ventures to Expand Global Pay By Bank Network
- 2 years 2 weeks ago
- Fundraising News
Banked Ltd (“Banked”), the London-based fintech company building a next-gen global payment network, today announced that it has raised over $15 million in a Series A extension round, led by global software investor Insight Partners. The investment round was supported by Citi and National Australia Bank Ventures, recognizing Banked’s traction and distinct approach to building a Pay by Bank global network. Newly announced commercial partner and... more
The Trading Pit, an Award-Winning Proprietary Trading Firm, Secures €10 Million in Growth Funding
- 2 years 2 weeks ago
- Fundraising News
The Trading Pit (TTP) is proud to announce that it has secured €10 million in its latest round of growth funding. The high-growth prop trading fintech has secured capital to accelerate its growth initiatives with a mission to become the global leader in online prop trading.
KB Securities, Subsidiary of Korea’s Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B Round
- 2 years 2 weeks ago
- Fundraising News
Global private market exchange ADDX has raised approximately US$20 million in fresh capital from new and existing shareholders. KB Securities, a subsidiary of Korea’s largest banking group KB Financial Group (KBFG), led this latest investment, which was part of an upsized Pre-Series B round. The round kicked off in May 2022, when ADDX announced a US$58 million fundraising involving new shareholders Stock Exchange of Thailand (SET), Hamilton Lane... more
Lab 1, a New Supply Chain Cyber Intelligence Platform, Raises £1M from MMC Ventures, SyndicateRoom and Leading Angels
- 2 years 2 weeks ago
- Fundraising News
Cyber intelligence platform Lab 1 today announced a £1m funding round supported by MMC Ventures Co-Founder & Chairman and investor Alan Morgan, alongside MMC Ventures, prominent investor Cris Conde and SyndicateRoom's Access EIS Fund.
BeZero Carbon Raises $50 Million to Accelerate the Net Zero Transition Through Carbon Ratings
- 2 years 2 weeks ago
- Fundraising News
Carbon rating agency BeZero Carbon has today announced a $50 million Series B funding round. The funds will be used to drive innovation in environmental markets through the development of ratings, risk and analytics tools.
Lentra Closes Series-B Led by Bessemer Venture Partners, SIG and Citi Ventures, Transaction of $ 60M
- 2 years 2 weeks ago
- Fundraising News
Lentra, the class-leading Cloud lending platform, has closed its Series B funding round with a transaction value of USD 60 mn, led by existing investors Bessemer Venture Partners and SIG Venture Capital with participation from Citi Ventures. Masterkey Capital were the Investment Bankers. The funding will be used for products+platform strengthening and also for International expansion, including the USA.
11/11 – Weekly Investment & Fundraising News
- 2 years 2 weeks ago
- Fundraising News
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
Brightside Accelerates Plans to Help Employers Provide Financial Care to Employees with $33M in Series B Funding
- 2 years 2 weeks ago
- Fundraising News
Brightside, the leading financial care platform for employers, today announced it has raised $33 million in Series B funding.
Egyptian Fintech Blnk Raises $32 Million
- 2 years 3 weeks ago
- Fundraising News
Blnk, a fintech startup that enables instant consumer credit in Egypt, raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. The funds will support the further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.
TRM Labs Raises $70 Million in Series B
- 2 years 3 weeks ago
- Fundraising News
Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs. The latest investment, an extension to the company's $60 million Series B round in December, was led by Thoma Bravo, with participation from first-time investor Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures.
