Jumbo bags $3.5m funding
Jumbo, a provider of a decentralised exchange built on the NEAR Protocol, has picked up $3.5m in funding.
India-based SME lending platform LivFin said to close funding round
LivFin, an online supply chain and invoice finance solution to small and medium sized businesses in India, has reportedly raised INR 32 crore ($4.7m) in its funding round.
Climate-focused InsurTech kWh Analytics raises $20m
kWh Analytics, which supports insurance for the climate, has received $20m in funding to support its expansion efforts.
Octane secures $50m for market expansion and digital enhancements
FinTech Octane Lending has successfully closed its Series E funding round, raising $50m in new equity capital.
ProNavigator capitalises on strong growth to close CAD 5.6m funding round
AI-powered insurance assistant ProNavigator has seen adoption of its technology accelerate during the pandemic, helping it to close a CAD 5.6m ($4.2m) round.
Microsoft to acquire RiskIQ to strengthen its cybersecurity portfolio
Microsoft is acquiring San Francisco-based RiskIQ, a company that specialises in detecting security threats to help its customers address the risks created by remote work.
OppFi closes $50m in corporate credit facility to help consumers easily access credit
Chicago-based FinTech company OppFi received $50m in a corporate credit facility from Atalaya Capital Management.
Pocket money app for kids, Junio, lands $6m
Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.
Spruce raises $15.6m in latest round of venture funding
Title insurance platform Spruce Holdings has raised $15.6m in its latest venture growth round.
Billhop closes €4m Series A to support the next stage of its growth plan
Billhop, which simplifies the payment of invoices and bills, has reportedly netted €4m in its Series A investment.
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