NexBank bags $20m in equity raise
Texas-based commercial banking, mortgage banking and institutional services provider NexBank Capital has scored a $20m common equity raise.
Originate receives funding from Pacfic Growth Investments
Software developer Originate has received an undisclosed investment from Pacific Growth Investors.
Bond Financial closes $10m seed round led by Canaan
Bond Financial Technologies, which is streamlining the integration between brands and banks, has closed a $10m investment.
Receeve said to raise €4m in funding
Digital debt servicing platform Receeve has reportedly collected €4m in a funding round from Mangrove Capital Partners and Speedinvest.
Cutover scores $17m in its Series A round
Cutover, a work orchestration platform to improve operational resilience, has received $17m in its Series A round from Barclays and Index Ventures.
Investment technology developer DriveWealth closes Series C round on $56.7m
Digital trading technology platform DriveWealth has closed its Series C round $56.7m, which will help it to make strategic acquisitions.
Creatio scores $68m in growth funding
Creatio, a low-code software for process management and CRM, has netted $68m in a growth funding round.
API developer Okra closes seed round on $3.5m
Okra, which stylises itself as Africa’s open finance API, has closed its seed round on $3.5m.
Freelancer-focused neobank Lili snares $55m in Series B round
New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?