Investors

NEXT Investors holds $261m final close for sophomore fund

NEXT Investors, the growth investor of Credit Suisse Asset Management, has held the $261m final close of its second fund.
Venn

Venn’s remote work security tech fetches $29m Series A

Venn Software, an innovator in Secure BYO-PC technology, has earned a noteworthy patent and secured $29m in Series A funding.
BNP

BNP Paribas grants inclusive loans to European and Brazilian microfinance

BNP Paribas, a global leader in banking and financial services, has recently taken a significant step in the microfinance sector.

Cybersecurity/Information Security companies completed over half of all RegTech deals in Q1 2020

CyberTech and Information Security companies’ fundraising activity was the main driver behind the strong investment levels recorded in the RegTech industry globally the first quarter of 2020.

Ribbit Capital raises up to $420m for its newest vehicle

California-based Ribbit Capital looks to be continuing its rapid fundraising streak after filing to raise up to $420m for its third fund in three years.

Scale Venture Partners raises $400m to support software companies

Scale Venture Partners has raised $400m to back software companies that are creating the future of work.

Debt management platform Spinwheel hauls in $11m in fresh capital

Student Debt Solutions provider Spinwheel secured $11m in its first round of financing led by QED Investors with the aim to help Americans get out of debt sooner.

Wave closes largest Series A round for an African FinTech at $1.7bn valuation

Independent mobile money provider Wave bagged $200m in a landmark Series A round led by Sequoia Heritage, Founders Fund, Stripe and Ribbit, valuing it at $1.7bn.

Knostic secures $3.3m to enhance GenAI access control frameworks

Knostic, a trailblazer in generative AI (GenAI) security, announced today that it has successfully closed a $3.3m pre-seed funding round.

Valar Ventures moves past halfway mark for latest co-investment fund

US-based venture capital firm Valar Ventures has raised up to $11.6m for its sixth co-investment fund, so far.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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