Funding

Bank of America Makes Strategic Investment in iCapital to Deepen Partnership

iCapital, a fintech platform for alternative investments and investors, announced that the Bank of America has made a strategic investment in the company. Bank of America invested in iCapital at the same valuation as iCapital’s last funding round in December

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CityFALCON Raises US$2 Million From Holt Xchange, eToro and TBH

CityFALCON, which transforms unstructured financial content into structured data, has closed its equity fundraising campaign on private investment platform Seedrs after having secured £1.65 million (US$2 million). As a part of this fundraise, The Holt Xchange, a global early-stage VC firm

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SumUp Raises 590 Million Euro

SumUp has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds

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Bundesrat trifft Richtungsentscheid für einen Schweizer Innovationsfonds

Der Bundesrat will den Standort Schweiz für Startups weiter stärken. Er hat am 22. Juni 2022 einen Richtungsentscheid zugunsten eines branchenneutralen Schweizer Innovationsfonds getroffen. Dieser soll die Finanzierung von Start-ups insbesondere während der Wachstumsphase und namentlich in den Bereichen Dekarbonisierung

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Amnis Closed Series-A Funding Round of CHF 8.6 Million

AMNIS Treasury Services,  a Zurich-based fintech founded in 2014 with the goal of reshaping international banking for SMEs, announced the closing of a Series-A investment round of CHF 8.6 million. The funding round, led by Lansdowne Partners, will enable further

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Swiss Real Estate Crowdfunding Platform Foxstone Raises CHF 10 Million

The online real estate investment platform Foxstone has completed a CHF 10 million Series A financing round, the company’s largest to date. The participation of almost all the existing shareholders is to be noted, as well as the arrival of

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Fintech and Finance Firms Snap Up Media Companies to Gain Audience

This past year has seen banks, financial services companies and fintech startups snapping up media companies, realizing the merits of owning their audience to gain exposure, sell more products and become more profitable. An extensive research paper by business analytics

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Swiss Fintech Startup Numarics Secures Over CHF 2 Million

Following its successful product launch in September 2021, Swiss fintech startup Numarics has successfully closed a CHF 2.1 million pre-seed financing round led by Wingman Ventures. Numarics combines artificial intelligence with expert knowledge from the fields of fiduciary services, audit

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Polytech Ventures, Fusion Partners Raise CHF 11 Million to Build Next-Gen Swiss Startups

Swiss investment company Polytech Ventures Holding and Fusion Partners, a corporate venturing organisation in French-speaking Switzerland, have raised CHF 11 million to develop its independent Swiss “startups studio” named Webuild Ventures. The entities said in a statement that they aim

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Thought Machine Raises US$160 Million Series D, Now Valued at US$2.7 Billion

Thought Machine, the UK-headquartered core banking technology company, today announced that it has closed its US$160 million series D funding round. The company is now valued at US$2.7 billion which is a 100% increase from its valuation at the close

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