Category: Fund Raising
-
Platform For Joint Deals – Bunch Receives €7.3 Million
•
The Berlin-based fintech Bunch (website) closes a funding of €7.3 million led by early-stage investor Cherry Ventures. Finleap creator Ramin Niroumand’s fund, Embedded Capital, has also participated. He had previously invested. Other backers include business angels, Kinnevik shareholder Cristina Stenbek, tech stock expert and podcast host Philipp Klöckner and Moonfare’s…
-
Capchase Fintech Raises $400 Million To Finance Debt To Its customers!
•
U.S.-Spanish fintech Capchase, which is dedicated to financing other SaaS startups in the growth phase and with recurring revenues, has expanded its capacity to provide debt financing to its clients by $400 million (€397 million) after extending its existing partnership with i80 Group and establishing a new partnership with an…
-
Fintech Startup Raises Money With Seed Funding Round
•
Swiss investment app startup Findependent (website) has raised CHF 1.2 million in a seed funding round. According to a LinkedIn posting, the money came from a group of institutional and private investors, with Backbone Ventures acting as the lead investor. Previous investors have followed suit, it added.
-
TX Group Invests In Series A Of Swiss Fintech Company Stableton
•
Stableton Financial AG, the leading European fintech platform for alternative investments, has closed its CHF 15 million Series A financing round. The lead investor in this financing round was TX Ventures, the VC arm of TX Group. The financing round included significant investments from C3 EOS VC Venture Fund and…
-
Real Estate Fintech Lilo Receives Three Million Euros!
•
Proptech startup Lilo (website) has just secured €3 million to launch its mission to become a leading European investment-and-experience platform for partial homeownership. The London-based company is establishing a new asset class, making global real estate shares interactive and collectible. Emily Chan and Christopher Lass founded Lilo in April 2022.…
-
Klarna CEO Sebastian Siemiatkowski Comments The 85 percent Loss In Value!
•
Swedish payment service Klarna also feels declining investor interest in fast-growing and loss-making fintech companies. The company said in Stockholm on Monday it had secured $800 million in new financing, equivalent to a valuation of $6.7 billion. That means the company has lost about 85% of its value in a…
-
London Startup Griffin Raises €15.5 Million From FinTech Celebrities!
•
The London-based banking-as-a-service (BaaS) startup Griffin (website) announced a fresh funding of around €15 million from FinTech bigshots. The startup is currently going through the bank authorization process with the PRA and FCA. Founded in 2017 by Silicon Valley engineers David Jarvis and Allen Rohner, Griffin aims to become the…
-
Indian MarketWolf Secures $10 Million In Series A Round
•
MarketWolf (website), an intraday options trading app, has raised $10 million in a Series A funding round led by Jungle Ventures and Dream Capital. Existing investors and others, including 9Unicorns, iSeed, Crescent, and Riverwalk, participated in the round, which brings the company’s total capital raised since inception to $17.4 million.
-
Indian Fintech Startup CheQ Secures $10M In Seed Round
•
Bengaluru-based fintech startup CheQ Digital announced Wednesday that it had received $10 million in a seed round led by Venture Highway and 3one4 Capital. Multiply Ventures, Marshot Ventures, and Veda VC also participated in the round. Naveen Kukreja, CEO of PaisaBazaar, and Shailaz Nag, CEO and founder of DotPe, are…
-
Amid FinTech Downturn Klarna Seeks Fresh Money At Imploded $6.5 Billion Valuation!
•
The Swedish fintech Klarna was just Europe’s most valuable startup, with a valuation of $46 billion. Now CEO Sebastian Siemiatkowski is hoping for fresh capital for a valuation of just $6.5 billion. Not long ago, the “buy-now-pay-later” pioneer received money at a valuation of $46 billion.