FairPlay Raises $10 Million to Help Fintechs and FIs Reduce Bias in Lending
- 2 months 2 weeks ago
- Fundraising News
FairPlay, the world’s first “Fairness-as-a-Service” solution for algorithmic decision-making, today announced that it has raised $10 million in Series A funding. The round was led by Nyca Partners, with participation from Cross River Digital Ventures, Third Prime, Fin Capital, TTV, Nevcaut Ventures, Financial Venture Studio and Jonathan Weiner.
Mahalo Banking Raises $20m
- 2 months 2 weeks ago
- Fundraising News
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, completed a $20 million funding round this month that was led by Ohio-based Superior Credit Union, Ky.-based Park Community Credit Union and Del.-based Dover Federal Credit Union.
X1 Card Raised $25million in a Series B Funding Round
- 2 months 2 weeks ago
- Fundraising News
X1, a credit card for digital natives launched by former Twitter employees, has secured $25 million in Series B funding. X1 Card underwrites consumers based on income rather than credit ratings, allowing it to set credit limits 5x greater than standard card providers. It's appealing to recent college graduates and those with stable incomes but low credit scores.
Apiture Closed a $29m Funding Round Led by Live Oak Bank
- 2 months 2 weeks ago
- Fundraising News
Apiture, a leading provider of digital banking solutions, announced the closing of a $29 million fundraising round led by Live Oak Bank, with participation from other existing investors. The investment brings the total funding raised by Apiture to $69 million since its inception in 2017.
Dufrain Secures Investment from Phoenix Equity Partners
- 2 months 2 weeks ago
- Fundraising News
Dufrain, the market-leading data management services and data analytics consultancy, today announces that it has secured investment from Phoenix Equity Partners (“Phoenix”), a UK growth-focused private equity firm, to fuel the next stage of its growth as part of a management buyout.
18/07 – Weekly Investment & Fundraising News
- 2 months 2 weeks ago
- Fundraising News
5ire Raises USD 100 Million in Series A Funding at Valuation USD 1.5 Billion, Turns Unicorn
5ire Raises USD 100 Million in Series A Funding at Valuation USD 1.5 Billion, Turns Unicorn
- 2 months 2 weeks ago
- Fundraising News
5ire, a fifth-generation level 1 blockchain network and the world’s first and only sustainable blockchain, today announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM.
TurnKey Lender raises $10 million in new funding round with OTB Ventures and appoints former Intel Corporate Vice President Christian Morales as Chairman of the Board
- 2 months 2 weeks ago
- Fundraising News
Today, TurnKey Lender, a global fintech B2B Software-as-a-Service (SaaS) company specialising in AI-powered lending automation solutions, has closed a US$10 million new funding round.
UK Fintech Lightyear Launches in 19 EU Countries and Raises $25M
- 2 months 2 weeks ago
- Fundraising News
Today, the new investment platform Lightyear announces a $25M Series A equity round led by Lightspeed Venture Partners. The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the round alongside a number of new and existing angel investors.
Quartr Extends its Seed Round to $7.1M To Transform Investor Relations for both Investors and Companies
- 2 months 2 weeks ago
- Fundraising News
Quartr, the app that gives anyone, regardless of their investment expertise and network, access to critical company information and earnings calls, has raised a $2.6M extended seed round, taking its total seed round to $7.1M.
Fintech Startup WonderLend Hubs Raises USD 1.6 Million in a Seed Round Led by Inflection Point Ventures
- 2 months 2 weeks ago
- Fundraising News
WonderLend Hubs, a NoCode PaaS solutions provider has raised USD 1.6 million in a Seed Round led by Inflection Point Ventures.
Penfold Announces Launch of Latest Crowdfunding Round
- 2 months 3 weeks ago
- Fundraising News
Penfold, the digital pensions platform, today announces the launch of its latest crowdfunding round, following significant growth of the business and the launch of its workplace pension platform in late 2021.
Motive Partners Raises $2.5 Billion
- 2 months 3 weeks ago
- Fundraising News
Motive Partners ("Motive"), a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2 (the "Fund"), with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles.
wefox Closes $400M Series D Round at $4.5B Post-money Valuation
- 2 months 3 weeks ago
- Fundraising News
wefox, the Berlin-based insurtech, has successfully closed a Series D funding round of $400m (comprising equity and debt) and increased its post-money valuation to US$4.5bn. Mubadala Investment Company led the equity raise with participation from Eurazeo, LGT, Horizons Ventures, OMERS Ventures and Target Global.
Fuell Closes €1.5M Investment Round
- 2 months 3 weeks ago
- Fundraising News
Madrid fintech Fuel reinvents B2B financial services through a corporate credit card that brings together equipment, means of payment and accounting for the first time.
