Latest Findex News: Finextra Research

NAB Ventures joins $12 million round in merchant payments platform DataMesh

Australian merchant payments group DataMesh has secured $12m in a pre-Series A funding round, including new investor NAB Ventures.

30 March 2022

Company update/payments

Spend management platform Yokoy raises $80M in Series B funding from Sequoia Capital

Yokoy Group AG, Europe’s leading all-in-one enterprise spend management platform, has today announced it has raised $80 million in a Series B funding round led by Sequoia Capital with participation from Speedinvest, Visionaries Club and Zinal Growth, existing investors Balderton Capital, Six FinTech Ventures, Left Lane, Swisscom Ventures and well-known business angels.

29 March 2022

Company update/payments

Swedish A2A specialist Zimpler raises new equity funding from Nordstjernan Growth

Zimpler, a leading Swedish fintech within the payments space, has raised new equity funding from Nordstjernan Growth, an arm of an established Swedish investment house focused on long-term quality growth.

29 March 2022

Company update/startups

Income closes €1.3 Million in Seed round of funding at a valuation of €10 million

Today, Income has closed its Series Seed funding round, led by Tolaram Fintech with participation from leading equity crowdfunding platforms Seedrs and Seedblink, with other new and existing early-stage investors.

28 March 2022

Company update/Findex

Douugh secures up to $20m in discretionary equity funding from US investment fund Long State

Douugh Ltd (ASX: DOU) & (OTCQB: DOUUF), the banking ‘super app’ on a mission to help customers manage and grow their money, today announced it has entered into a $20 million equity placement facility agreement with Long State Investments Limited.

28 March 2022

News/markets

Former chancellor Osborne joins $110 million funding round in Capitolis

Capital markets software house Capitolis has raised a $110 million Series D at a $1.6 billion valuation.

24 March 2022

Company update/startups

Smartr365 reaches £50m pre-money valuation in latest funding round led by Legal & General

Smartr365, the UK’s leading end-to-end mortgage platform, has today announced further funding from investors, alongside a pre-money valuation of £50m.

24 March 2022

Company update/regulation

Tintra scoops further $2 million in funding

Tintra has secured a subscription for a further $2 million just days after it announced plans to create the world’s first built for purpose Web 3.0 banking platform.

23 March 2022

News/sustainable

BNP Paribas joins €40 million funding round in climate data outfit Kayrros

BNP Paribas, the French Public Investment Bank Bpifrance and the European Investment Bank have joined a €40 million funding round in climate data and analytics startup Kayrros.

23 March 2022

Company update/payments

Reach secures $30 million investment

Reach, the leading global ecommerce payments enabler, has secured a $30 million investment, as it bids to accelerate its mission of unlocking a global customer base for merchants through a streamlined payments, tax and fraud platform.

22 March 2022

Company update/retail

Glia raises $45 million

Glia, the leading provider of Digital Customer Service (DCS), today announced $45M in Series D funding led by New York based-global venture capital and private equity firm Insight Partners and joined by existing investor Wildcat Capital Management as well as new strategic investors, including RingCentral Ventures.

22 March 2022

Company update/payments

Rupifi secures $8M venture debt in extension of Series-A

Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) and SME-focused Commercial Card products, today announced that it has secured $8M venture debt.

22 March 2022

News/markets

JPMorgan, BNP Paribas invest in Saphyre

JPMorgan, BNP Paribas and HCAP Partners have invested $18.7 million in multi-counterparty data firm Saphyre.

22 March 2022

Company update/wholesale

SME back office automation platform Finally raises $95 million

Finally, the fintech startup whose mission is to help small businesses automate their accounting and finance functions, today announced a $95 million Series A, including both equity and debt.

21 March 2022

Company update/markets

ScribeStar returns to Crowdcube

ScribeStar, the digital platform for capital markets issuance, admission processing and ongoing reporting, has announced the launch of its latest funding round on Crowdcube.

21 March 2022

Company update/payments

Egypt's Lucky raises $25 million to grow rewards app

Lucky, Egypt’s leading app for credit products, offers and cashback rewards, announces its $25 million fund Series A raise.

20 March 2022

Company update/retail

Oakbrook Finance raises £142m from JPMorgan and Atalaya to grow its consumer lending platform

Consumer lending platform provider, Oakbrook Finance, has raised £142m of new capital with global financial services firm J.P. Morgan and alternative investment advisory firm Atalaya Capital Management.

17 March 2022

News/crime

HSBC Ventures joins investment round in Silent Eight

AI-based financial crime compliance outfit Silent Eight has closed a $40m Series B funding round, which welcomed HSBC Ventures, the firm’s latest customer, as an investor.

16 March 2022

Company update/retail

Frictionless checkout firm AiFi raises $65 million

AiFi, the most flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions, today announced a $65 million Series B funding round with participation from ALDI South Group, Żabka Group, REWE, Verizon Ventures, and Qualcomm Ventures LLC, among others.

16 March 2022

Company update/startups

Salary-on-demand startup wagely nets additional $8.3m in pre-series A funding

wagely, Asia's fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh.

16 March 2022