India’s Electronica Finance Limited lands $48m in Series B round
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
The company plans to use the new cash injection to fuel its US expansion plans.
The Swedish start-up says the financing will “immediately” be made available to fintech lenders through its platform.
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The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
NewRetirement says it will use the funds to scale its enterprise financial planning product.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
DealStreetAsia reports that Ant Group has now invested over $500 million in total in Anext Bank.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
GSS says the new funding coincides with its “transition from the development phase to the operational phase”.
The Cologne-based fintech start-up plans to use the funding to expand into new European markets.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round consists of $50 million in debt financing and $36 million in equity.
The latest funding will help drive the Manchester-based firm’s expansion into the US.
The new capital injection adds to Solaris’ initial €38 million Series F raise announced in 2023.
The round has raised the Nigerian fintech’s valuation to $750 million.
At FinovateEurope, Robin Scher of Lloyds Banking Group discusses the big fintech funding trends in 2024.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
The investment builds on Perfios’ $229 million Series D and reportedly now values the firm at over $1 billion.
PPRO says it will use the funding to “pursue growth in key markets” and expand its payment solutions.
The start-up now plans to expand across Europe with a focus on the EU’s incoming NIS2 directive.
As part of its investment, Estancia Capital Partners will take a minority stake in the company.
The round reportedly values the Bogotá-based fintech start-up at $150 million.
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
NYCB has also made several high-profile appointments to its board of directors.
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Going forward into 2024, Synctera plans to launch its new payment product SyncteraPay.
The round was led by Alphabet’s independent growth fund, CapitalG.
The Community Investment Enterprise Fund aims to support around 800 small businesses in the UK.
Wagely provides businesses with an earned-wage access (EWA) solution for employees.
The fintech intends to leverage the debt financing to extend its lines of credit to the underserved.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The recent round adds to the company’s $12.7 million Series A funding raised in 2022.