Posts Tagged ‘startup’

Factris Concludes EUR 1.5 Million Funding Round

Factris — a fintech company which offers factoring to small and medium-sized businesses in Europe — announced the successful conclusion of the funding round led by the European venture capital fund Speedinvest Fintech. The initial investment of EUR 1.5 million is for sales, marketing and growing the platform capabilities to support pan European operations. As part […]

Portify raises £1.3M to help gig economy workers improve their financial well-being

Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances and in turn improve financial well-being, has raised £1.3 million in seed investment. The round was led by Kindred Capital and company builder and investor Entrepreneur First, with participation from various unnamed angel […]

London-based fintech startup Sharegain increases total funding amount to €10.5 million and rolls-out first Securities Lending platform

The UK-based fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of $12 million (including $5 million in the latest round) to support the roll-out of its platform to private banks, online brokers and robo-advisers, as well as scaling up its […]

Barclays seeks startups for new fintech accelerator program in Tel Aviv

A three-month startup accelerator program in Tel Aviv run by Barclays Plc and Techstars, a Colorado, US-based firm, has opened registration for its fourth cycle, which will focus on the fields of fintech and information security. Registration for the program will close December 16,  with the program starting in March 2019. For its new program, the accelerator […]

Colombian Digital Lending Fintech Sempli Receives $5.7 Million USD in Funding from BID LAB, Oikocredit

Colombian fintech startup Sempli has raised $5.7 million USD in funding from the Inter-American Development Bank’s BID LAB investment arm and Netherlands-based microfinance investor Oikocredit that it will use to grow its digital platform for small business lending. The capital will serve as key financing for operations and growth as Sempli begins to prepare for […]

Fintech startup AND Global raises US$2.8M to grow in the Philippines, Myanmar

AND Global, a fintech startup founded in Mongolia but incorporated in Singapore, has raised US$2.8 million from Korean investment firm Rhinos Asset Management. This tranche of funding brings the company’s total Pre-Series A investment raised to date to over US$18.8 million. The company has been raising money through equity investment and debt financing. AND Global, which offers […]

Brazilian fintech startup REBEL raises $4 million in Series A funding to invest in its technology platform, product development, and accelerate customer growth

REBEL, a Brazilian fintech startup with a focus on online credit for the middle class, has $4 million a Series A funding round to further invest in its proprietary technology platform and product development, as well as to grow its customer base and loan book. The round was led by XP Asset Management, an affiliate […]

Trendy challenger bank Monzo is Britain’s latest unicorn startup

Banking startup Monzo became the latest UK firm to reach coveted unicorn status after a secured a £85 million funding round, giving it a valuation of £1 billion (or $1.3 billion). In total, the company has raised almost £192 million from a swathe of top-tier investors, including Stripe, Accel Ventures, and General Catalyst. Monzo plans to use […]

Digital Lending Startup NIRA Raises $1 Mn in Seed Funding from Angel in India and UK

Bangalore-based NIRA, a consumer finance fintech venture focused on financial inclusion, has raised $1 million seed funding from angel investors in the UK and India. NIRA provides small credit to consumers with limited access to traditional avenues of finance. NIRA will use the latest funding to accelerate building out the core team and technology to […]

Fintech startup Akulaku secures US$70M Series C funding

Akulaku, fintech startup with business concentrated in Southeast Asia, has raised US$70 million in a Series C funding round led by another fintech company from China, Fanpujinke Group. The fresh fund will be used to explore other financial services and also strengthen Akulaku’s current hold on markets. Akulaku started off in 2016 as a virtual credit card […]