Posts Tagged ‘funding’

Unmortgage Aims For Financial Inclusion In Housing Market

London startup Unmortgage has closed a £10 million (just over $13 million USD) seed round as it prepares to launch its “part-own, part-rent” platform next year. Investors in the seed round are FinTech venture capital firms Anthemis Exponential Ventures and Augmentum Fintech, which are betting on Unmortgage’s unique approach to helping first-time buyers secure their first […]

UAE-based FinTech startup Monami Tech just closed a $1 Million Series A Round

Monami Tech, the UAE-based Fintech payments company, has successfully closed seed funding of USD$1 million. This is the first tranche of a total Series A round which is expected to raise over USD$3 million and will close over the next 90 days. The lead investor is PGH Holdings. Monami Tech will be using this cross-border investment […]

Indonesia’s richest family funds local fintech startup

Cermati, an Indonesian fintech firm that helps customers research and sign up for credit cards, insurance, and loans, raised a series B round from Djarum Group, a cigarette manufacturer owned by the Hartono family. The size of the deal wasn’t disclosed. Earlier it was reported that Alibaba was interested in acquiring Cermati, which caused the […]

Frontline Ventures invests in UK fintech start-up Countingup

Dublin venture capital firm Frontline Ventures has taken part in a £2.3m seed round investment in UK fintech Countingup. The round was led by Forward Partners with participation from Frontline Ventures and JamJar Investments. Countingup’s technology lets companies set up a business current account within five minutes as well as do their bookkeeping, view a profit […]

China’s FinUp backs Fintech Startup SlicePay

Bengaluru-based instant credit providing startup SlicePay has raised an undisclosed amount in its ongoing series A round led by Chinese lending company FinUp Finance Technology Group. Other existing investors that participated in the round include Blume Ventures, Das Capital from Japan, Russia’s Simile Venture Partners. While the amount raised in the round remains undisclosed, it […]

Kissht is in funding talks with Eduardo Saverin

Facebook co-founder Eduardo Saverin’s venture capital firm, B Capital Group, is in advanced talks to lead a Series C round of funding in digital lender Kissht. Kissht is a consumer credit startup, which allows consumers to pay for their online orders in monthly instalments, without a credit card. Kissht had raised $10 million in its […]

An Inside Look at a Fintech Venture Builder in Southeast Asia

One of the toughest challenges as a founder is identifying the resources you need for your company. This task includes, of course, hiring and onboarding the right employees, and the like. However, it also extends to selecting the best programs to participate in from the wide variety of incubators, accelerators, and venture-builders already operating in […]

ZestMoney raises $13.4 M in an extended Series A

Fintech startup ZestMoney has raised $13.4 million in an extension of its Series A round of funding led by Xiaomi. Existing investors Omidyar Capital, PayU and Ribbit Capital also participated in the round. ZestMoney will use the funding to strengthen its technology and data science capabilities as well as expand use cases for the core […]

Fintech startup Pagaya raises $14 million in private funds

Pagaya Investments, a U.S.-Israeli financial technology provider that uses machine learning and big data analytics to manage institutional money, raised $14 million in a private funding round. The round was led by venture capital fund Oak HC/FT and Harvey Golub, the former chairman and CEO of American Express, who will join Pagaya’s board. Read more

ZestMoney Receives $13.4 million in Series A2 Funding

ZestMoney, an online transactional credit provider raised $13.4 million in its Series A2 funding. The funding will strengthen its tech & data science capabilities as well as its core ZestMoney Affordability product. The current round brings a total company funding to $22 million with Xiaomi at the forefront. It was PayU who led the company’s […]