Orca Fraud Secures $550K to Combat Fraud in Emerging Markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud, has raised a $550,000 pre-seed round. The money raised will be...
Kudos secures $10.2 million in funding to enhance its AI-driven smart wallet offerings
Kudos, based in Los Angeles and known for its AI-enhanced smart wallet service, has raised $10.2 million in a Series A funding round. Silicon Valley Journals reports that the round was...
Saudi Fintech Firm Rasan Targets $224 Million in IPO
Rasan Information Technology Co., a leading fintech company in Saudi Arabia, has announced its intention to raise up to 841 million riyals ($224 million) through an initial public offering (IPO) on...
Harness Secures $150 Million in New Financing
Harness, the Modern Software Delivery Platform® company, today announced $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC). The investment will be...
Fintech Farm raises $32m as it prepares to expand into India
Fintech Farm, a pioneering technology provider for medium-sized banks in emerging markets, has successfully raised $32 million in a Series B funding round. The round included an initial phase led by...
InsurTech CoverTree secures $13 million Series A funding
Cutting-edge insurtech company specializing in manufactured home insurance solutions, CoverTree secures $13 million Series A funding round led by Portage, with participation from investors such as AV8, Distributed Ventures, Detroit Venture Partners, Ludlow...
iwoca Secures £270m From Citi and Barclays
iwoca, one of the leading SME lenders in Europe, announced today a new debt funding package worth £270 million. This investment brings the total funding received by the company since its...
Pleo secures €40M in debt financing from HSBC Innovation Banking
Pleo, the leading European spend management solution, is thrilled to announce the securing of a €40 million debt financing facility from HSBC Innovation Banking UK. This strategic partnership marks a significant...
SumUp has successfully raised €1.5 billion to reinforce its leading position in the market
In a major deal that reaffirms the market’s confidence in global fintech SumUp as a company with solid revenues and foundations, and a bright future, the company raised €1.5 billion from private credit...
Monzo to raise £500m from Hedosophia and other investors
Monzo, a leading British fintech group, is finalizing an expanded fundraising round this weekend, which includes investment from prominent global technology investor Hedosophia, known for its early support of Airbnb and...
