Fundraising News

International Payments Addressing Platform iPiD Secures $3.3M in Seed Funding

2 years 2 weeks ago
Fundraising News

Fintech start-up iPiD has announced a $3.3M seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri. In addition, the company has announced the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, to the iPiD management team as Chief Commercial Officer.

Oxbury Bank – Britain’s First and Only AgTech Bank – Secures New Funding as it Continues Rapid Lending Growth

2 years 2 weeks ago
Fundraising News

Oxbury Bank – the UK’s first and only AgTech bank – has secured £25m in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank.

Justhome Raises €3.3M to Help More People Become Homeowners

2 years 2 weeks ago
Fundraising News

Justhome, the next-generation home financing startup, has raised €3.3 million in a pre-seed funding round led by Target Global. APX, the Berlin-based early-stage fund backed by Europe’s leading digital publishers Axel Springer and Porsche also participated in the round, alongside a number of industry-leading angel investors.

VRGL Announces $15M Series A Fundraising Round Led by MissionOG and FINTOP Capital

2 years 2 weeks ago
Fundraising News

VRGL, Inc (“VRGL”), a provider of institutional-grade analytics and automated data extraction to the wealth management industry, today announced it has raised $15 million in a Series A round led by MissionOG and FINTOP Capital. Founding investors Sallyport Investments and

Singapore-Headquartered FinTech banco Raises US$6.7 Million in Series A Round

2 years 2 weeks ago
Fundraising News

Singapore-headquartered, Financial Technology (FinTech) company, banco (RABC Group) today announced the successful raise of US$6.7M in Series A funding led by Japan-based leading financial group SBI Group, alongside investors Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others.

Lightnet Raises US$50 Million to Bolster Blockchain-Powered Remittances

2 years 2 weeks ago
Fundraising News

The Lightnet Group ("Lightnet") announced today it has secured a $50 million capital commitment from LDA Capital Ltd ("LDA") to grow its infrastructure, operations, and expand its technological partner's (Velo Labs Technology) blockchain technology. Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years.

Nigeria’s Grey Raises $2M for Cross-border Payments

2 years 2 weeks ago
Fundraising News

The provision of virtual foreign bank accounts has become a common strategy for fintechs to enable Nigerians and Africans to facilitate international transfers. In the latest development, Grey, a fintech in this category that provides virtual international bank accounts to African freelancers and remote workers, is announcing that it has raised $2 million in seed funding.

29/08 – Weekly Investment & Fundraising News

2 years 2 weeks ago
Fundraising News

Capital on Tap Has Secured a £200M Funding Facility

2 years 3 weeks ago
Fundraising News

Capital on Tap has secured a £200m funding facility with JP Morgan and Triple Point to support UK small businesses. The funding will help small businesses access to credit at a time when the UK is anticipating a recession and facing historic inflation rates.

MENA’s First&Only Subscription Management Platform - Raises US$2.4 Million, in Seed Round Led by Global Ventures

2 years 3 weeks ago
Fundraising News

SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region, announces it has successfully closed its seed round at US$2.4 million.

Zywa, Neobank for Gen Z Raises $3M in a Seed Round

2 years 3 weeks ago
Fundraising News

Zywa, a teen-focused FinTech startup aiming to re-imagine banking for Gen Z in the Middle East and North Africa, raised $3m in a seed round. The round included participation from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, and European family offices, as well as strategic angel investors.

Muse Raises $20M in Debt Facility to Support Small Businesses

2 years 3 weeks ago
Fundraising News

Muse Finance - a bespoke finance provider for small, medium and growing businesses - today announces that it has closed a $20 million debt facility to support the growth of small businesses.

Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders

2 years 3 weeks ago
Fundraising News

Highline Technologies, the payments fintech that unlocks payroll-linked lending and bill pay, announced today that it has successfully raised $13 million in Series A funding. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors.

Kasisto Raises Additional $15.5 Million From FIS and Westpac in Oversubscribed Series C Round

2 years 3 weeks ago
Fundraising News

Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, today announced a $15.5 million Series C extension, led in the United States by Fidelity Information Services, LLC (NYSE: FIS) and internationally by Westpac Banking Corporation (OTCMKTS: WEBNF), with participation from BankSouth. This brings the total Series C funding to $31 million.