Funding
AlgoTrader Raises $4.5M in Pre-Series B
The Pre-Series B funding is co-led by Credit Suisse Entrepreneur Capital and C3 EOS VC Fund with participation from East Asian venture capital firms SBI Investment and Fenbushi Capital, as well as other renowned investors including Verve Ventures, Quonota Investments,
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FNZ Raises US$1.4 Billion, Now Valued at US$20 Billion
FNZ, a global wealth management platform, announced that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners. CPP Investments had committed to pouring in a total of US$1.1 billion.
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2021 Was a Record Year for Fintech Funding, Unicorn Minting and M&A Exits
In 2021, fintech companies attracted a new record of US$132 billion, more than double the 2020 figure. The amount represents 21% of all venture funding for 2021, making the sector the undisputed champion, data from CB Insights’ State of Fintech
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Swiss Fintechs Raised US$530M in 2021, More Than Double 2020’s Total
In 2021, Swiss fintech funding activity regained some of its strengthen after underperforming for three years in a row. Data from Dealroom show that Swiss fintech companies raised a total of US$530 million, up 129% from 2020. The surge followed
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Crypto Firm Fireblocks Raises US$550 Million, Now Valued at US$8 Billion
Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, has raised US$550 million in Series E funding, vaulting its valuation to over US$8 billion. The funding round, co-led by D1 Capital Partners and Spark Capital
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Checkout.com Raises US$1 Billion Series D, Now Valued at US$40 Billion
Checkout.com, a London-based payments solutions provider, raised US$1 billion in its Series D funding round at a valuation of US$40 billion. The firm has more than doubled its valuation since its US$450 million Series C a year ago. Primary investors
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SEBA Bank Raises CHF 110 Million in Series C Fundraise
SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it has raised CHF 110 million in a significantly oversubscribed Series C funding round. The round was co-led by Altive, Ordway Selections, and Summer Capital,
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Record-Fundraising in France: €486 Million for SME Banking Startup Qonto in Series D
France SME Banking Startup Qonto announced today it has raised €486 million in Series D funding, bringing Qonto’s valuation to €4.4 billion. This amount is unprecedented in the French tech ecosystem and is one of the largest funding rounds ever
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French Payroll Solution Specialist Payfit Raises €254M
PayFit, payroll and HR management solution for SMEs, announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup. General Atlantic, a leading global growth equity firm, led the
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Mexican Fintech Clara Clinches Unicorn Status With US$70 Million Series B
Mexico City-based end-to-end corporate spend management solution Clara has secured US$70 million in a Series B equity financing round. The round was led by Coatue, and takes Clara’s valuation to US$1 billion. With the Series B, Clara has become the
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