Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
- 2 months 2 weeks ago
- Fundraising News
Accion today announces the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally. Accion Venture Lab Fund II, LP builds on a decade-long investment strategy focused on delivering social and financial objectives through early-stage venture capital investments.
Spinwheel Secures Strategic Investment From Citi Ventures to Accelerate the Future of the Consumer Credit Ecosystem
- 2 months 3 weeks ago
- Fundraising News
Spinwheel, the agentic AI-powered credit data and payments platform, today announced a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise Spinwheel on product use cases that matter most to the largest financial institutions.
Lead Bank Closes Series B Fundraising Round
- 2 months 3 weeks ago
- Fundraising News
Lead Bank, the industry-leading bank serving the world’s top fintechs and digital asset companies, today announced the close of its $70 million Series B fundraising round. The round included new investors, ICONIQ and Greycroft, as well as existing investors Ribbit Capital, Coatue, Khosla Ventures, Andreesen Horowitz, and Zeev Ventures. Lead’s post-money valuation is now $1.47 billion.
Elysian Raises $6M Seed Round to Redefine Insurance Claims Services With AI-Native Platform
- 2 months 3 weeks ago
- Fundraising News
Elysian, the AI-native third-party administrator (TPA) for commercial insurance, today announced the closing of a $6 million seed round led by Portage, with participation from American Family Ventures and TenOneTen Ventures. The funding will accelerate Elysian’s go-to-market efforts, support customer onboarding, and scale the company’s delivery operations and technology platform.
ModernFi Raises $30 Million Series B Strengthening Its Position as Foundational Infrastructure for the U.S. Banking System
- 2 months 3 weeks ago
- Fundraising News
ModernFi, the leading technology provider for deposit management, today announced a $30 million Series B funding round. Led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and new investor Intercontinental Exchange, Inc. (NYSE: ICE), the round brings ModernFi’s total funding to over $60 million.
MEGA Raises USD 2M Led by Spintop Ventures to Transform Order-to-Cash Management With Compliant AI Voice Agents
- 2 months 3 weeks ago
- Fundraising News
MEGA, the AI voice agent platform purpose-built for order-to-cash (O2C) management, today announced a USD 2m pre-seed funding round led by Spintop Ventures, a Nordic early-stage venture capital firm with 15 years of experience scaling software-based technology companies. The investment will accelerate MEGA’s growth across Europe, expand its engineering and commercial teams, and strengthen its position as the compliance-first standard for AI-... more
Pave Finance, an AI-Powered, Institutional-Grade, Personalized Wealth Management Software Company Raises $14M in an Oversubscribed Seed Financing
- 2 months 3 weeks ago
- Fundraising News
Pave Finance, Inc. (“Pave”), a leading provider of wealth management software enabling investment advisors to customize, personalize and automate portfolio construction and management, today announced it has raised $14 million in an oversubscribed seed financing.
Moxso Raises $5.5M in Funding
- 2 months 3 weeks ago
- Fundraising News
Moxso, the Danish cybersecurity company turning human behavior into real-time risk intelligence, today announced a $5.5M seed funding round to fuel global expansion. The raise follows a breakthrough year where Moxso was selected to Google’s Growth Academy for Cybersecurity, quadrupled headcount, tripled revenue to double-digit millions. The round was led by Seed Capital, with participation from Ugly Duckling Ventures and D2 Fund.
Kite Raises $18M in Series A Funding to Enforce Trust in the Agentic Web
- 2 months 3 weeks ago
- Fundraising News
Kite, a company building the foundational trust infrastructure for the agentic web, today announced that it has raised $18 million in Series A funding, bringing total cumulative funding to $33 million. The round was led by PayPal Ventures and General Catalyst. Other investors in the company include 8VC, Samsung Next, Alumni Ventures, SBI US Gateway Fund, Vertex Ventures, Dispersion Capital, Avalanche Foundation, GSR Markets, LayerZero, Hashed,... more
Obita Secures Over US$10 Million in Angel Round Financing to Accelerate Stablecoin-Powered Cross-Border Payment Infrastructure
- 2 months 3 weeks ago
- Fundraising News
Obita, an enterprise-level cross-border payment and digital financial network, announced the completion of its angel round financing exceeding US$10 million. The round was co-led by Vision Plus Capital and Mirana Ventures, with participation from Legend Capital, HashKey Capital, Web3.com Ventures, and other prominent institutions and individual investors.
Rain Raises $58M Series B Led by Sapphire Ventures to Become the Enterprise Stablecoin Platform of Record
- 3 months 17 hours ago
- Fundraising News
Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a $58 million Series B funding round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest.
Sola Closes $8M Series A to Build the First Vertically Integrated Insurance Company
- 3 months 17 hours ago
- Fundraising News
Sola, a cutting-edge insurtech company redefining property insurance, today announced it has raised $8M in Series A funding, bringing total funding to $11.7M. The round was led by FINTOP Capital and JAM FINTOP, with participation from 10vc and Georgia Tech. Sola is ushering in a new era of affordable and consistent property insurance. Since the company's seed round last year, Sola has grown revenue 7x, launched its flagship wind and hail program... more
Tazapay Lands Strategic Investments from Ripple and Circle, Signaling a New Era for Cross-Border Payments
- 3 months 1 day ago
- Fundraising News
Tazapay, a leading global cross-border payments infrastructure platform, today announced the successful close of its Series B funding round with investment from Peak XV Partners, Ripple (US), Circle Ventures, Norinchukin Capital (Japan), and GMO VenturePartners (Japan). Existing investor Peak XV Partners led the round and 2 other existing investors January Capital and ARC180 joined the round.
Atomic Raises $30 Million to Accelerate Global Expansion of Its Embedded Investing Platform
- 3 months 1 day ago
- Fundraising News
Atomic, the embedded investing platform powering fintechs and financial institutions, today announced an additional $30 million in growth capital. The round was led by Aquiline, and Brewer Lane with participation from Intuit, Nationwide Ventures, Erie Strategic Ventures, Samsung Next, and Appia Ventures, as well as existing backers QED Investors, Anthemis, and Y Combinator. The financing will accelerate Atomic's regulatory expansion and scale... more
Hemi Raises $15 Million to Accelerate Bitcoin Programmability Ahead of Token Launch
- 3 months 2 days ago
- Fundraising News
Hemi, the world’s largest programmability layer on Bitcoin, has closed a $15 million growth round, with participation from YZi Labs (formerly Binance Labs), Republic Digital, HyperChain Capital, Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com, amongst others. With over $1.2 billion in total value locked on the network, the funding will fuel further ecosystem growth on Bitcoin.
