FinTech Mode bags £2m
Mode, a FinTech firm, has completed recent fundraising by way of the issue of convertible loan notes to existing and new investors for proceeds of £1.9m.
Cornerstone VC launches fund to back entrepreneurs in UK from diverse backgrounds
Cornerstone VC, which was born from the black-led angel group Cornerstone Partners, has launched a £20m fund to invest in entrepreneurs in the UK from diverse backgrounds.
Ark Kapital triples valuation with €15m acceleration round
Ark Kapital, a precision finance firm enabling startups to grow faster through non-dilutive loans, has doubled its equity funding to €30m.
International payment transfer firm Higlobe lands $14m
Higlobe, a solution for international payment transfers, has scored $14m in funding to expand its technology and launch into new markets.
Axelor snares €10m in Series A haul
Axelor, a business application suite that provides an alternative to traditional ERP and CRM, has raised €10m in a Series A funding round. Axelor...
Roots Automation lands $10m in a Series A raise
Roots Automation, a creator of advanced, intelligent Digital Coworkers for the insurance industry, has bagged $10m from a Series A raise.
Eoliann lands €1.35m in a funding raise
Eoliann, an Italian benefit corporation that makes climate risks more predictable, has snared €1.35m in a funding round.
Strong investment continues for FinTechs as 2022 winds to a close
This week in FinTech proved to be a strong week for credit and financial technology-focused companies, with 36 investments being recorded.
Centbee bags $1m to support Bitcoin remittances
Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.
Lloyds Bank invests £4m in car management app Caura
Lloyds Banking Group has invested £4m in Caura, a firm that simplifies admin by sending drivers information and reminders to stay compliant.