Category: Fund Raising
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FinTech StartUp Tymit Raised $26 Million In Series A Funding Rund
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Tymit is a credit company that offers traditional credit cards and a “buy-now-pay-later” service. The UK-based FinTech has now closed a $26 million funding round at the beginning of Q4, after successfully raising $5 million earlier in 2019. The round was led by Frasers Group, which operates U.K. retail brands,…
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Argentine PayTech Company Menta Raises $6 Million To Help B2B Companies Become FinTechs!
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Argentine B2B paytech company Menta has closed a $6 million seed round led by Base10 Partners, with subsequent support from Pear VC, MatterScale Ventures and Gilgamesh Ventures. Menta is a plug-and-play solution that provides financial services to B2B companies.
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Ex-Mobilkom CEO Boris Nemšić Joins FinTech Seasonax!
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Boris Nemšić, former CEO of Austrian telecom operator Mobilkom, joins Seasonax (website) as an investor and strategy advisor. The Viennese fintech delivers daily trading ideas, expert analyses, and trading patterns for various financial instruments such as stocks, currencies, and commodities. The Seasonax platform is used by institutional and private investors…
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Berlin FinTech Mondu Receives A €20 Million Loan!
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The “buy-now-pay-later” provider Mondu receives new capital. The Berlin-based fintech has secured a €20 million loan from Germany’s Vereinigte Volksbank Raiffeisenbank. Mondu plans to use the money to drive international expansion and open an office in the Netherlands.
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GoHenry Raises £50 Million To Accelerate Global Expansion!
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GoHenry, the prepaid debit card and financial education app for kids and teens has raised £50 million in its latest growth capital round. The debit card and app for kids provider doubled revenue to $42 million during COVID and recently acquired European FinTech Pixpay.
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FinTech Railsr Closes A £40 Million Series C For An Embedded Financial Service!
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Embedded finance platform Railsr, formerly known as Railsbank, has closed a £40.4 million Series C round, consisting of £22.8 million in equity and £17.6 million of debt. Nigel Verdon, CEO and co-founder, said, “I’m delighted that less than four months after Railsbank’s transformation into Railsr, we’ve reached another milestone and…
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Satispay Achieves Unicorn Status With €320 Million In Series D!
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Italian paytech company Satispay has received €320 million in a Series D funding round led by Addition, bringing its valuation to over €1 billion. Existing investors Greyhound Capital, Coatue, Lightrock, Block Inc, Tencent and Mediolanum Gestione Fondi SGR also participated in the round.
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Colombian FinTech Startup Finaktiva Raises $25 Million!
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Colombian FinTech company Finaktiva has reportedly raised $25 million in a mix of debt and equity, a LatamList report said. The funding round consisted of $20 million in debt from Bancolombia and other local banks. The $5 million in equity was provided by responsABILITY, a Swiss impact investment fund that…
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Hong Kong-Based PayTech Company KPay Closes $10 Million Funding!
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Hong Kong-based PayTech startup KPay Merchant Service has received $10 million in a funding round. Founded in late 2020, KPay is a one-stop digital payment and business management solutions platform. The company supports small and medium-sized businesses and has signed up over 12,000 local merchants since its inception.
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Indian FinTech SIGNZY Secured A $26 Million Funding!
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The Bengaluru-based digital banking infrastructure company Signzy (website) announced that it had received INR 210 million ($26 million) in its latest round of funding from Gaja Capital and its existing investors Vertex Ventures and Arkam Ventures.