Funding Platforms

Snap! Mobile, a leading fundraising platform for schools and organizations, has secured a $23m growth investment from Runway Growth Capital.

Lendo, a Saudi Arabia-based FinTech company specialising in Shariah-compliant debt crowdfunding, has successfully secured a substantial Series B funding of SAR 105m ($28 million).

The Qatar Central Bank has issued instructions for the Loan-Based Crowdfunding Regulation, underscoring its commitment to regulating and advancing the financial sector within the country.

Shift4, a frontrunner in integrated payments and commerce technology, and Give Lively, a pioneering fundraising platform dedicated to offering cost-free services to nonprofits, have announced a strategic partnership.

London-based FinTech firm, FundMyPitch (FMP), a prominent platform that forges connections between investors and investment-ready businesses in need of capital for venture initiation, has made remarkable strides in its maiden trading year by raising close to £6m for entrepreneurs on its platform.

Specialist asset manager Anthemis’ Female Innovators Lab (FIL) has received additional investments from institutions including Visa and BMO, which sees the fund become the largest early-stage FinTech fund dedicated to companies founded by women.

Aviva has committed a further £150m to its corporate venture capital fund, Aviva Ventures, which will focus on investing in early-stage businesses in emerging technology and customer trends.

J.P. Morgan Growth Equity Partners (GEP) has closed its inaugural Growth Equity Fund, with over $1bn in aggregate capital commitments to invest in growth stage companies across software, FinTech, real estate and consumer technology.

TTV Capital, an early-stage FinTech venture capital firm, has closed its sixth fund at $250m to invest in early-stage FinTech companies.

A recent study by expense management solution TripActions has found SMEs could be losing up to ?25m in extra revenue due to a lack of technology.