Findex

4073 articles tagged with this keyword

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Santander leads EUR35 million Series B in debt marketplace CrossLend

Santander InnoVentures is leading a €35 million funding round in pan-European digital debt marketplace CrossLend.

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BBVA invests in Spanish startup PrivacyCloud

BBVA led the first funding round of PrivacyCloud, a Spanish startup developing a series of tools to allow users control how their data are used by businesses to create commercial or marketing offers.

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Ripple leads investment round in Mexican cryptocurrency exchange Bitso

In 2018, remittance flows into Latin America and the Caribbean increased by almost 10%, with Mexico receiving the largest amount of these payments in the region with over $35.7B transacted every year.

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Revolut in bid for $1.5 billion debt and equity round

Revolut has hired JPMorgan to oversee a $500 million equity raise and $1 billion convertible loan, in a move that would bring the total funding raised by the loss-making firm to almost $2 billion.

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Intesa SanPaolo buys stake in mobile cash startup MatiPay

Intesa Sanapolo has invested EUR7 million in MatiPay, which has developed a mobile payment system for purchasing services and products online with cash, using the physical network of vending machine banknote readers and coin acceptors.

/payments

Finnish fintech firm Enterpay raises funding and expands internationally

Finnish Enterpay’s automated invoicing payment solution solves an essential issue in today’s growing B2B e-commerce space, which has generated great international interest.

/regulation

SmartSearch receives growth equity investment from Marlin Equity Partners

Award-winning company SmartSearch Ltd, one of the UK’s leading providers of RegTech software focused on Anti-Money Laundering (“AML”) solutions, today announced that it has received a growth equity investment from Marlin Equity Partners (“Marlin”).

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Payday loan alternative Savvy secures £20 million funding facility

Stockport and Wilmslow based fintech company Savvy.co.uk is to create 25 jobs after securing a £20 million investment.

/startups

Augmentum invests EUR6 million in German tech rental firm Grover

Augmentum Fintech plc (LSE: AUGM) (the “Company” or “Augmentum”), the UK’s only publicly listed investment company focusing on the fintech sector, announces that the Company has made its first investment in Germany with a €6 million investment in Grover, the German technology rentals platform.

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Spain's Bnext to launch in Latin America with $25 million Series A

Spain's first alternative banking app Bnext has scooped the largest Series A financing round in the Spanish fintech sector to date, banking $25 million as part of a strategy to launch its services in Latin America.

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India's Khatabook raises $25 million

Khatabook, a mobile application that enables SMEs to record & track business transactions, has raised USD $25 Mn Series A round from GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others.

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NAB and Westpac invest in open banking startup Basiq

Australian open banking platform Basiq has closed a Series A funding round joined by NAB Ventures, Salesforce Ventures and Westpac’s Reinventure. The size of the round was not disclosed.

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ANZ leads A$2.3 million round in DiviPay

Australian expense management startup DiviPay has raised $2.3 million in a funding round led by ANZ.

/payments

Spend management startup Teampay raises $12 million

Teampay, the leading provider of distributed spend management software, has closed a $12 million Series A financing led by Tribe Capital with participation from existing investors Crosscut, Silicon Valley Bank, and Precursor Ventures, bringing the total funds raised to $16M.

/payments

Tipalti raises $76 million

Tipalti, the leading global payables automation solution, today announced it successfully raised an additional $76 million.

/startups

Fintech Sempli secures 8mn USD in series A raise

Sempli, the leading online lending platform for small businesses in Colombia, has secured a USD 8 million Series A round led by Oikocredit and Incofin CVSO.

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Securitize secures big bank backing in $14 million funding round

Santander InnoVentures, MUFG and Nomura have joined in a $14 million funding round for token issuance technology provider Securitize.

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B2B network Fundbox raises $176 million

B2B payments and credit network Fundbox has raised $176 million in growth equity funding for its Series C round.

/startups

BBVA and Anthemis partnership makes first investment in Cledara

Cledara Limited (“Cledara”), a groundbreaking purchase and analytics platform for the subscription economy, announces that it has closed its pre-seed round led by Anthemis and joined by 2018 UKBAA Angel Investor of the Year Chris Adelsbach. The round takes the total raised by the company to $930,000.

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Kabbage founders raise $11 million for gig economy startup Drum

Drum launched today with nearly $11 million in seed funding, unveiling the first instantly available, massively scalable and completely flexible sales force platform.