Category: Fund Raising
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J.P. Morgan Invests In Swiss WealthTech Companies!
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J.P. Morgan’s private bank is investing in two Swiss fintech companies. The goal is to personalize investment advice for private clients further. The private bank of the central US bank J.P. Morgan is investing in two Swiss fintech companies. The investment will be made through an affiliate of J.P. Morgan…
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Argentine PayTech Startup Pomelo Extends Series A!
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Argentine PayTech startup Pomelo (website) has extended its Series A funding round by $15 million, increasing its valuation by 50% over the past nine months. The investment capital was provided by existing Pomelo backers Monashees, Index, Insight, Alter Global, Box Group, Clocktower, Latitud, SciFi, and Zinal. The funds will help…
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Berlin-Based AI FinTech Taktile Picks Up 20 Million!
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An accolade for the software startup Taktile (website) The top VCs Index and Tiger Global participate in Series A. The revenue growth has convinced the investors. In its second round of funding, Berlin-based fintech Taktile secures the equivalent of around 20 million euros ($20 million). The startup has developed software…
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Prediction Capital Launches With €30 Million As An Early-Stage FinTech Funder!
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Prediction Capital wants to invest 30 million euros in fintech startups. They focus on ESG criteria but do not see themselves as an impact fund. The market environment is challenging; less capital flows into startups, and startups are declining. Nevertheless, co-founder Kilian Graulich is confident: now is the time to…
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PayTech Platform Ping Receives $15 Million!
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Ping, a global payment platform for freelancers and contractors, has received $15 million in a seed funding round. Investors participated in the round, including Y-Combinator, Race Capital, Signum Capital, Goat Capital, Danhua Capital, and BlockTower. The company claims it is now THE global solution for remote workers, contractors, and freelancers.
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French PayTech Startup Fintecture Receives €26 Million Series A Funding!
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Paris-based B2B payments platform Fintecture has received €26 million in a Series A funding round. New investors Eurazeo, RTP Global, HEC Ventures, and Allianz Trade participated in the funding round, as well as existing investors Target Global, Samaipata, and Societe Generale, and angel investors also participated.
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Former Tink Employees Launched FinTech Atlar And Raised Five Million Euros!
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The new fintech startup Atlar, founded by three former Tink employees, Joel Nordström, Joel Wägmark and Johannes Elgh, is launching. Atlar allows businesses to communicate directly with banks via a novel layer to seamlessly and automatically initiate and reconcile payments.
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CarDekho Is Investing $100 Million In Its FinTech Subsidiary Rupyy!
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CarDekho Group, interested in an initial public offering, said it would invest $100 million in its fintech subsidiary Rupyy, in a mix of debt and equity. Rupyy crossed a monthly auto loan disbursement volume of Rs 500 crore in September. The brand plans to reach an annual disbursement volume of…
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Fintech Startup Neon Raises 11 Million Francs!
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Swiss neobank Neon has raised 11 million Swiss francs in a financing round. The company says a capital increase of 2.5 million Swiss francs by institutional investors had already taken place in September. In addition, another 8.6 million Swiss francs have now been crowdfunded from the user community.
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FinTech Tomorrow Wants Money From The Crowd, Again!
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The green German fintech has been a hit with small investors. But professional investors gave significantly less money this year. In October 2020 and 2021, the Hamburg-based Tomorrow Bank (website) had already raised single-digit million amounts via crowdinvesting. The founders Jakob Berndt, Inas Nureldin, and Michael Schweikart now want to…