MFS Africa’s $100 Million Series C Fund Raising for Massive Expansion Across Africa
- 2 years 6 months ago
- Fundraising News, Investment
MFS Africa, Africa’s largest digital payments network, has raised US$100 million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including the recently announced acquisition of Baxi in Nigeria.
Digital Horizon Launches $200 Million Venture Fund
- 2 years 6 months ago
- Fundraising News
New fund is second from Digital Horizon and builds on successful strategy of first fund, which invested in high-growth businesses including Oxygen and Monday.com, generating overall IRR of 40% for its investors. This second fund will follow the same multistage strategy and will invest in both early and late stage companies. Focus remains on fintech and SaaS products, but with Asian markets targeted as well as Europe and Israel.
Qupital Secures US$150 Million Round to Accelerate Global Expansion and B2B "Buy Now, Pay Later" Product
- 2 years 6 months ago
- E-Commerce, Fundraising News
Asia’s leading e-commerce financing platform launches merchant financing securitization facility with Citi, first deal of its kind in Asia
Female Invest - Europe’s Largest Financial Education Platform for Women Closes Funding Round of 3.3 Million GBP
- 2 years 6 months ago
- Fundraising News, Platform Technology, Investment
Female Invest, is an EdTech platform and community which, through approachable subscription-based e-learning, empowers women by increasing their understanding of personal finance and investing. Female Invest has members across 67 countries (with the UK being the fastest growing market) and an online community of 150,000+ women.
Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round
- 2 years 6 months ago
- Fundraising News
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. The company is now valued at $400 million, according to The Times.
British Fintech Nimbla Attracts £5.1m Investment as Embedded Insurance Takes Off
- 2 years 7 months ago
- Fundraising News, FinTech StartUps, Insurance
Fundraise: Fin VC and Barclays Bank invest £5.1m into fintech insurance startup Nimbla Growth: Nimbla expands to offer a fully flexible model from single invoice to whole book and scales operations to support more businesses while targeting the £2.6tn embedded fintech opportunity Embedded Insurance: Launch of Nimbla API into banks and lenders provides opportunity to offer invoice insurance at the point of issue
Cambridge Epigenetix Raises $88 Million Series D Financing to Advance Best-in-Class DNA Sequencing Technology Platform
- 2 years 7 months ago
- Fundraising News
Technology increases the amount and quality of data that can be efficiently and cost-effectively obtained from a small DNA sample Manufacturing of the first product from a new technology platform is underway with expected commercial availability in early 2022; early access programs with renowned research institutions are ongoing
British Cyber Security Startup Risk Ledger Secures £2.1m Funding as Supply Chains Hit the Headlines
- 2 years 7 months ago
- Fundraising News, Security, Cybersecurity
Investment: £2.1m seed funding round led by Finnish VC Lifeline Ventures Growth: Risk Ledger hits 300% year on year revenue growth as it secures contracts with NHS Test & Trace, wealth managers Quilter and others Opportunity: The global cybersecurity market is forecast to exceed $330 Bn by 2027, and Risk Ledger’s platform provides value for security teams within every B2B company globally.
Moralis Secures $13.4 Million Seed Funding from EQT Ventures to Help Developers Create Scalable Decentralised Apps and Plug the Blockchain Skills Gap
- 2 years 7 months ago
- Blockchain, Fundraising News
2021 has been the year where decentralised applications became mainstream for consumers with digital collectible (NFTs) and decentralised finance (DeFi) 25 million developers globally -- but more blockchain expertise needed New funding will enable Moralis to build the most robust and scalable platform for developers to build Web3 applications for the masses
Staircase AI Raises $4 Million in Seed Round to Create B2B Relationship Intelligence Platform
- 2 years 7 months ago
- Artificial Intelligence, Fundraising News
Staircase Relationship Intelligence (SRI) enables Customer Success teams to generate annual recurring revenue (ARR) and upsell opportunities through proactive relationship monitoring
Admix Raises $25m Series B To Monetize The Metaverse With In-Play
- 2 years 7 months ago
- Fundraising News, Infrastructure
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Autochek Secures $13.1mn Seed Funding to Scale its Technology and Accelerate Expansion
- 2 years 7 months ago
- Fundraising News
TLcom Capital and 4DX Ventures co-lead round of Africa’s leading Autotech company
Ondato Raises €3.6M Seed Extension to Support Rapid Wxpansion of its Compliance-as-a-Service Model
- 2 years 7 months ago
- Fundraising News, Management
The additional funds extend Ondato’s seed round to a total of €5.6M, spurred by 4x growth since January
Gujarat Witnesses 86% Rise in P2P Investments: LenDenClub Data
- 2 years 7 months ago
- Fundraising News, Lending, P2P Lending
Investment in Peer-to-Peer (P2P) Lending has witnessed a rise of 86% in Gujarat as per consumer analysis of LenDenClub, India’s largest P2P lending enterprise as compared with the previous year. LenDenClub analysed its data, drawing insights into the investment patterns and behaviours of investors in the state of Gujarat. The analysis was conducted on its active overall investor base of over 06 lakh for nine months starting from January 2021 to... more
Resistant AI Announces $16.6 Million in Series A Funding from GV and Index Ventures to Protect Financial Automation from Fraud and Financial Crime
- 2 years 7 months ago
- Artificial Intelligence, Fundraising News, Fraud Detection
● Artificial intelligence security company raises Series A funding ● Resistant AI responds to increasing vulnerabilities in financial services caused by widespread automation and algorithm-driven compliance and security ● The founding team’s previous startup, Cognitive Security, formed the basis for Cisco’s widely deployed threat detection platform ● Resistant AI’s product uses machine-learning and sophisticated modelling to reinforce ... more
