Plum Raises £1m from Investors in Only 8 Hours of Crowdfunding
- 2 years 1 month ago
- Fundraising News
Smart money app Plum has secured £1m from investors in the first eight hours of its crowdfund, achieving its initial target. More than 3700 people have invested so far, from nationalities spanning the UK, Greece, Cyprus, France, Bulgaria, Belgium and Spain.
Astra Announced $10M Series A Led by FPV Ventures
- 2 years 1 month ago
- Fundraising News
Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.
Northstar Raises $24.4M to Expand Financial Wellness Benefit Platform
- 2 years 1 month ago
- Fundraising News
Financial wellness benefit platform for employees Northstar has raised $24.4 million in a funding round joined by PayPal Ventures and Thomson Reuters Ventures. GGV Capital led the round, with participation from Canvas Ventures, M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE.
NorthOne Announces $67 Million Series B Round
- 2 years 1 month ago
- Fundraising News
NorthOne today announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community. NorthOne is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A., Member FDIC.
Crypto Investment Platform Pillow Attracts $18M Funding Round to Accelerate Adoption of Crypto Services in Emerging Markets
- 2 years 1 month ago
- Fundraising News
Democratised access to digital assets is key to getting emerging market investors on a level playing field, giving them the opportunity to take control of their finances and battle the dual challenges of inflation and the rising costs of living. Helping them on this journey, crypto investments platform Pillow is creating simple, transparent, accessible products including crypto investing, crypto savings, crypto payments and other financial... more
B2B Payments Mondu Raises €20 Million Debt Financing Round from VVRB
- 2 years 1 month ago
- Fundraising News
B2B payments company Mondu has raised a €20m debt investment round from German bank Vereinigte Volksbank Raiffeisenbank. This is the first loan to Mondu, granted to a Luxembourg-based SPV and collateralized. This SPV-set-up allows Mondu to swiftly scale and diversify its refinancing with external investors - both German and International.
Ayoconnect Increases 2022 Fundraise to $28M with $13M Series B Extension Backed by SIG Venture Capital and PayU
- 2 years 1 month ago
- Fundraising News
Ayoconnect, Southeast Asia's largest open finance platform, has closed a US$13 million B extension financing round led by SIG Venture Capital with participation from CE Innovation Capital and existing investor fintech
GoHenry Group Raises $55M in Growth Capital to Accelerate Global Expansion and Boost Financial Education for Young People
- 2 years 1 month ago
- Fundraising News
GoHenry, the prepaid debit card and financial education app for kids and teens, has raised $55m in its latest growth capital round with investment from existing investors, Edison Partners and Revaia, alongside new capital from leading Italian paytech Nexi.
FlapKap Closes $3.6M Seed Round
- 2 years 1 month ago
- Fundraising News
FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth, today announced the close of its $3.6M seed round.
Payable Raises $6.1M to Modernise Business Payments
- 2 years 1 month ago
- Fundraising News
Payable, a payments operations platform for businesses, has raised $6.1 million in a funding round led by CRV and Earlybird. Founded by Checkout.com vets Daniel Yubi and Razvan Musca, Payable has built a platform that lets firms connect their banks and automate payments from initiation to reconciliation with a single API and dashboard.
Blackbullion Raises £2.5M to Support Student Financial Wellbeing
- 2 years 1 month ago
- Fundraising News
Financial wellbeing platform Blackbullion has today announced a £2.5m investment round to accelerate financial wellbeing for students. The new funding round will scale the platform’s growth, driving Blackbullion’s mission to simplify the complex world of finance for young people, while connecting them with scholarships and additional funds while they study.
Fluro Secures £200M through BNP Paribas Partnership
- 2 years 1 month ago
- Fundraising News
Fluro, the UK consumer lender previously known as Lending Works, today announced a landmark £200 million financing partnership with BNP Paribas.
Airwallex Sustains US$5.5B Valuation with US$100M Series E Extension
- 2 years 1 month ago
- Fundraising News
Airwallex, a leading global fintech platform, today announced that it recently closed its Series E extension (“Series E2”) with the same US$5.5 billion valuation, and secured more funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent. HostPlus, an Australian industry superannuation fund, as well as a leading North American pension fund also... more
07/10 – Weekly Investment & Fundraising News
- 2 years 1 month ago
- Fundraising News
Axyon AI Completes €1.6 Million Fundraising Round Supported by CDP Venture Capital, ING and UniCredit
Axyon AI Completes €1.6 Million Fundraising Round Supported by CDP Venture Capital, ING and UniCredit
- 2 years 1 month ago
- Fundraising News
Axyon AI, a leading AI provider for the asset management industry, has announced the completion of a €1.6 million funding round. The round has been led by the Fondo Rilancio Startup (Relaunch Start-up Fund), managed by CDP Venture Capital SGR, with ING, UniCredit, Geminea and Metes as co-investors.