08/08 – Weekly Investment & Fundraising News
- 2 years 3 months ago
- Fundraising News
Digital Investment Platform Stackwell Closes $3.5M Round
Digital Investment Platform Stackwell Closes $3.5M Round
- 2 years 4 months ago
- Fundraising News
Stackwell, the digital investment platform created to eliminate the racial wealth gap, announced the successful closing of a $3.5 million seed funding round that will accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support the hiring of key personnel. The funding round was led by Michael Gordon, President of Fenway Sports Group, Jeremy Sclar, CEO and Chairman of... more
Mubadala-backed Tabby Raises $150m in Debt Financing Round
- 2 years 4 months ago
- Fundraising News
Dubai-based buy-now-pay-later Tabby received $150 million in debt financing from two US companies, one of the largest GCC FinTech start-up credit lines. The financing from New York-based Atalaya Capital Management and existing investor Partners for Growth (PFG) “fortifies Tabby's balance sheet and supports its continuous growth in transaction volumes and product expansion,” the business said on Wednesday. Hosam Arab, CEO and co-founder of Tabby:
Compliance.AI Announces New CEO, Asif Alam, as it Secured $6M with Cota Capital and JAM FINTOP
- 2 years 4 months ago
- Fundraising News
US RegTech software firm Compliance.ai has raised $6 million in funding and appointed a new CEO to replace co-founder Kayvan Alikhani. The new funding comes from existing investor Cota Capital and new investment partner Jam Fintop.
Earned Wage Access Provider ZayZoon Raises $25.5M to Bring Financial Flexibility and Empowerment to All Employees as a Standard Benefit
- 2 years 4 months ago
- Fundraising News
ZayZoon, a provider of voluntary benefits that allows employees across the United States to instantly access their earned wages on-demand, is pleased to announce a series of financings that total $25.5 million in aggregate, consisting of $12.5 million in equity and $13 million in a new credit facility with ATB Financial.
Savana Raises $45M in Series A Funding
- 2 years 4 months ago
- Fundraising News
Savana, a financial software player that helps banks and fintechs go digital, has raised $45 million in a Series A funding round led by growth-stage investor Georgian. Fintech giant Fiserv, which has a reseller agreement with Savana, joined the round.
Growth Intelligence Secures £1.5M of Venture Debt Funding from Shard Credit Partners
- 2 years 4 months ago
- Fundraising News
Growth Intelligence has secured £1.5m of funding from Shard Credit Partners through its UK technology-focused venture debt fund. This marks the third investment made by Shard Credit Partners’ new fund and the first since its successful first close which was announced in June 2022.
Digital Bank Grasshopper Raises $30.4M
- 2 years 4 months ago
- Fundraising News
Grasshopper, a US digital bank serving SMEs and entrepreneurs, has raised $30.4 million. Patriot Financial Partners, Endeavour Capital Advisors, FJ Capital Management, Carpenter & Company, and GCP Capital Partners joined the round, which brings Grasshopper's total funding to $160 million.
Blockchain Developer Aptos Labs Raised Millions of Dollars
- 2 years 4 months ago
- Fundraising News
Companies are trying to expand their operations. However, it is impossible to achieve ambitious goals without money. Hopefully, Layer-1 blockchain developer Aptos Labs was able to find investors. It has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups.
01/08 – Weekly Investment & Fundraising News
- 2 years 4 months ago
- Fundraising News
Dbank Raises Largest Seed Round in Pakistan at $17.6M
Dbank Raises Largest Seed Round in Pakistan at $17.6M
- 2 years 4 months ago
- Fundraising News
Dbank, a Pakistani fintech founded by two former Google staffers, has raised $17.6 million in a seed funding round co-led by Sequoia Southeast Asia and Kleiner Perkins. Brazilian digital banking giant Nubank, RTP Global, Rayn and local partner Askari Bank joined the round.
Balance Raises $56M Series B to Bring Global Trade Online With B2B eCommerce Checkout
- 2 years 4 months ago
- Fundraising News
Balance, the leader in B2B marketplace and eCommerce payments, today announced a $56 million Series B fundraise, bringing the company’s total funding to $87M. The round was led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures.
Digital Asset Fintech Atato Closes $6M Series A
- 2 years 4 months ago
- Fundraising News
Atato, a digital asset company, has raised $6m from a Series A funding round headed by AlphaLab Capital and FEBE Ventures. Also taking part in the round were Babel Finance, NFT1, Wing Vasiksiri, January Capital, NGC Metaverse Ventures, Huashan Capital, Tom Trowbridge and SOSV. Angel investors such as Dan Bertoli also took part.
Fintech Revolv3 Secures $4.5M for Recurring Billing Platform
- 2 years 4 months ago
- Fundraising News
Revolv3 announces that Rosecliff Ventures and an angel investor have invested $4.5 Million USD in seed money in the recurring billing solutions company.
Paycheck Advance Startup B9 Raises $2.6M
- 2 years 4 months ago
- Fundraising News
B9 Inc, a fast-growing payroll solution platform, aimed at promoting creditworthiness through employment data and economic behaviour, has announced a $2.6M funding round led by Sky Light Invest with participation from prominent FinTech investors Mbanq and the founders of Wrike, a project management application. Previously, in 2021, B9 raised $5 million in seed capital from angel syndicates and angel investors.
