Investment

Berlin based Fintech Penta raises €7 million Series-A

6 years 2 months ago
Investment, Banking, FinTech StartUps

Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the company's last fundraise just eight months ago. This brings Penta’s total fundraising to €10M. A transparent, community-driven approach and active commitment to world-leading customer service has helped Penta win favour of the German business community since launching back in... more

Aspiring Blockchain bank BABB raises 1.4m to help Unbanked

6 years 3 months ago
Blockchain, Investment, Banking

BABB has successfully completed its equity crowdfunding through Crowdcube, raising more than £1,400,000 from 1,232 investors. The funds will be used to support BABB’s applications for banking licences in the UK and Lithuania. BABB is building a decentralised platform using blockchain and biometrics technology, to provide mobile banking services to empower the global micro economy and tackle one of the world’s biggest challenges: how to... more

iSignthis Completes $10m Institutional Placement

6 years 3 months ago
Investment

iSignthis Ltd (ASX : ISX | DE : TA8) (Company) is pleased to advise that it has today successfully secured a placement of 68,965,517 ordinary shares in the Company to a number of sophisticated and wholesale investors at a price of A$0.145 per share, raising A$10m before costs (“Placement”). The Placement was Jointly led and managed by Merchant Corporate Advisory and Petra Capital. The new shares to be issued under the Placement will rank equally... more

AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand

6 years 3 months ago
Artificial Intelligence, Insurtech, Investment

Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.

Nucleus195 Launches Global Distribution Research Platform

6 years 3 months ago
Investment

Nucleus195 today launched its investment research and management platform, allowing investors to have one centralized location for all their investment research needs.

Multi-Million-Pound Funding Secures Growth For Global Banking Services Firm

6 years 3 months ago
Investment

Surrey-headquartered banking services firm Cennox has obtained a £24m funding package from NatWest and RBS Invoice Finance. The funding supports Cennox’s growth strategy, which has included the completion of a series of significant acquisitions over the last 12 months. These include the acquisitions of the European division of financial security firm, 3SI Security Systems, and Acketts Group, a UK-based ATM installer.

Glasswall Solutions Ltd Closes Strategic Funding Round

6 years 3 months ago
Investment

Glasswall Solutions, a leading file regeneration technology, today announced that it has closed a strategic funding round of £15 million. The funding is led by UK entrepreneur and philanthropist Michael Spencer through IPGL, his personal investment vehicle.

Augmentum Fintech plc Announces £2.5 million Investment in Unmortgage

6 years 4 months ago
Investment

Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £2.5 million in UK-based residential rent-to-own specialist Unmortgage, as part of a £10 million fundraising. Augmentum is participating in this fund raising alongside existing investor Exponential Ventures, and other investors.

Exceedence Attracts Global Investment Through Equity Crowdfunding

6 years 4 months ago
Investment

Exceedence is set to revolutionise the way onshore and offshore wind, wave and wind projects and technologies get planned and financed. Financial modelling for renewable energy projects can be costly and, according to Exceedence CEO Ray Alcorn, no current solution gives all of the key players a proper ‘big picture’ view. That’s why his company has purpose-built software to provide a ‘helicopter view’ for these projects, helping to assess... more

Robo.cash: Women Are Less Likely to Invest but Make Larger Investments

6 years 4 months ago
Investment

According to the recent findings on the investors' profile of the European P2P platform Robo.cash, despite women are less likely to invest and usually tend to consider investing in their 30s or 40s, their average investments are 40% more than men have.

On the dot Secures £8 million Investment

6 years 4 months ago
Investment

On the dot, the machine learning-driven last mile delivery start-up, and part of CitySprint Group, has announced today it has received an additional investment of £8 million from its parent company, which is itself PE-funded.

Solactive wins Most Innovative ETF Index Provider for 2017 Europe at the 14th Annual Global ETF Awards

6 years 5 months ago
Investment

Solactive is excited to announce that it has brought home another award! On the evening of July 19, Solactive was awarded Most Innovative ETF Index Provider for 2017 Europe at the 14th Annual Global ETF Awards for its accomplishment in the European ETF market. The Annual Global ETF Awards, an international event designed to reward companies contributing to the growth of the ETF marketplace, selected winners based on the number of votes cast by... more

Quant Insight completes funding round with key investors

6 years 6 months ago
Investment

Quant Insight, the macro analytics firm that applies innovative quantitative techniques to financial markets, today announced the completion of its latest funding round, which included key investments from Alan Howard (Brevan Howard Asset Management) and Jens-Peter Stein (Stone Milliner Asset Management). Over 80% of capital raised came from Qi’s clients in a successful financing round that exceeded the company’s expectations.

Know Your Customer Receives Enterprise Ireland Investment

6 years 6 months ago
Investment

Smart technology client verification solution provider Know Your Customer (KYC) has received investment of €250,000 from Enterprise Ireland. The investment will be directed towards growth in key Asian markets, particularly mainland China, Hong Kong and Singapore.