Articles with tag: funding

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MX fintech announces USD 300 mln funding round

News | Online & Mobile Banking | 15 Jan 2021

US-based fintech innovator MX has announced a new round of financing to infuse the company with USD 300 million in capital as it reaches a valuation of nearly USD 2 billion.

MX, fintech, startup, investment, funding, banking, personal finance

Grab Financial Group raises USD 300 mln in Series A funding round

News | Online Payments | 15 Jan 2021

Grab Financial Group has announced that it has raised more than USD 300 million in a Series A funding round led by Hanwha Asset Management.

Grab Financial Group, Singapore, Asia, funding round, Series A, investment, Hanwha Asset Management

BukuKas secures USD 10 mln in Series A funding

News | Online & Mobile Banking | 14 Jan 2021

Indonesia-based BukuKas has secured USD 10 million in its Series A funding round to increase user acquisition.

BukuKas, Indonesia, startup, fintech, Sequoia Capital, funding, SMEs, digital banking, mobile banking, e-invoicing

Modern Treasury raises USD 38 mln

News | Payments General | 13 Jan 2021

Modern Treasury, a payment operations software provider, has announced a USD 38 million Series B funding round led by Altimeter Capital, with prior backers Benchmark and Y Combinator participating.

Modern Treasury, payments, funding, banking, API, treasury management

Relay Payments raises USD 43 mln over six-month period

News | Online Payments | 13 Jan 2021

US-based fintech Relay Payments has announced that it has raised USD 43 million in funding over the past six months.

Relay Payments, Addition Capital, Ribbit Capital, Spark Capital, funding round, electronic payments, online payments

Vietnam-based mobile wallet MoMo raises USD 100 mln

News | Mobile Payments | 13 Jan 2021

Vietnam-based e-wallet company MoMo has raised at least USD 100 million from six global investors, including Warburg Pincus, as part of plans to become a super app and go public by 2025.

MoMo, Vietnam, e-wallet, mobile wallet, digital wallet, mobile payments, investment, funding round

Curve raises USD 95 mln in Series C funding round

News | Online Payments | 12 Jan 2021

UK-based fintech Curve has announced that it has raised USD 95 million in a Series C funding round led by IDC Ventures, Fuel Venture Capital, and Vulcan Capital.

Curve, funding round, Series C, debit and credit cards, online payments

Indonesia-based Alami raises USD 20 mln in finding round

News | Payments General | 12 Jan 2021

Indonesia-based fintech Alami Technologies, has announced that it has raised over USD 20 million in equity and debt funding in a round led by AC Ventures and Golden Gate Ventures.

Alami, Indonesia, equity, debt funding, trade finance, MSMEs, sharia finance, fundraise

Checkout.com raises USD 450 mln in Series C funding round

News | Online Payments | 12 Jan 2021

UK-based payments company Checkout.com has announced that it has raised USD 450 million in a Series C investment round led by Tiger Global Management, bringing its valuation to USD 15 billion.

Checkout.com, funding round, Series C, electronic payments, fraud monitoring

Norwegian Block Exchange (NBX) secures private investment from Pareto Securities

News | Cryptocurrencies | 11 Jan 2021

Norwegian Block Exchange has received a 60 million NOK investment that was arranged by Pareto Securities, an investment bank in the Nordics, that acted as the sole manager and book-runner.

NBX, crypto, blockchain, Norway, wealth management, funding, investment, Pareto Securities,

US-based Glia raises USD 78 mln in Series C funding

News | Digital Identity, Security & Online Fraud | 08 Jan 2021

Digital Customer Service provider Glia has raised USD 78 million in Series C funding, bringing Glia's total fundraising to USD 107 million, according to the official press release.

Glia, Series C, investment, funding, digital customer service, Insight Partners, Cooley LLP, digital onboarding

UK-based marketplace OnBuy to expand in more than 140 countries by 2023

News | Ecommerce | 08 Jan 2021

UK-based online marketplace OnBuy has started a global expansion plan, wanting to launch into more than 140 countries by the end of 2023.

OnBuy, UK, marketplace, global expansion, Series A funding, ecommerce

Mambu reveals EUR 110 mln raised in funding round

News | Payments General | 08 Jan 2021

Mambu has announced its latest funding round of EUR 110 million in new capital, led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. 

Mambu, funding, TCV, capital, financing, financial institutions, fintech, banks

Uplift raises USD 68 mln to support growth in anticipation of 2021 travel industry rebound

News | Online Payments | 08 Jan 2021

Uplift, a Buy Now, Pay Later (BNPL) solution for travel brands, has announced they have secured a new USD 68 million credit line from Atalaya Capital Management.

Uplift, travel, pay later, funding

B2B ecommerce platform udaan raises USD 280 mln

News | Ecommerce | 07 Jan 2021

B2B ecommerce platform udaan has raised USD 280 million in additional financing from its existing and new investors.

B2B commerce, udaan, India, ecommerce, marketplace, funding

InvestSuite receives EUR 3 mln in third seed funding round

News | Online & Mobile Banking | 06 Jan 2021

Belgium-based wealthtech firm InvestSuite has finalised its third seed funding worth EUR 3 million from existing investors PMV, AB Accelerator, 365.fintech, and others.

InvestSuite, investment, funding, AI, digital finance, wealth management

Affirm sets IPO price range, aims to raise up to USD 934.8 mln

News | Online Payments | 06 Jan 2021

Affirm has announced a target up to USD 38 per share in IPO, aiming to raise up to USD 934.8 million.

IPO, Affirm, pay later, instalments, funding, online payments

TagPay receives EUR 25 mln investment from Long Arc Capital

News | Online & Mobile Banking | 05 Jan 2021

France-based TagPay, a provider of an open core banking system technology for financial service providers, has announced a EUR 25 million investment by Long Arc Capital.

TagPay, Long Arc Capital, investment, open banking, funding, digital banking, core banking system

Challenger bank Oxygen raises USD 17 mln in Series A funding

News | Online & Mobile Banking | 05 Jan 2021

US-based Oxygen, a challenger bank focussing on freelancers and the gig-economy, has announced raising USD 17 million in Series A round of funding.

Oxygen, US, funding, digital banking, investment, flexible banking, SME

SoftBank files for a USD 525 mln SPAC IPO

News | Payments General | 24 Dec 2020

An affiliate of SoftBank Group and its Vision Fund has filed to raise USD 525 million in a blank-check company offering.

SoftBank, funding, Vision Fund, SPAC, investors, SVF Investment, Nasdaq, stocks