Funding
French Crypto Security Provider Ledger Bags US$380 Million in Series C Fundraise
Ledger, a French provider of security and infrastructure solutions for cryptocurrencies and blockchain applications, announced that it has raised $380 million during a Series C funding round led by 10T, a mid- to late-stage growth equity fund that invests in private
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SoftBank Leads Swedish BNPL Firm Klarna’s Mega Fundraise of US$639 Million
Swedish Buy Now, Pay Later (BNPL) platform Klarna announced that it has secured US$ 639 million during a new equity funding round, pushing its post-money valuation to US$ 45.6 billion. The round was led by SoftBank’s Vision Fund 21, with
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German Robo Advisor Scalable Capital Raises €150 Million in Fundraise Led by Tencent
Scalable Capital, a German-based neobroker and digital wealth manager, has raised more than US$180 million (€150 million) in a Series E funding round led by China’s technology company Tencent. This purely primary investment round where existing shareholders participated brings the
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Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million
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Fintech DACH Trends: Funding Bounces Back in 2020
Despite an initial fall in transaction value and volume in the first half of 2020, fintech funding in Germany, Austria and Switzerland, or the DACH region, rebounded significantly in the second half of the year with EUR 2.2 billion raised
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Canadian ID Verification Firm Trulioo Raises US$394 Million, Valued at US$1.75 Billion
Trulioo, a Canadian global identity and business verification provider, announced that it has completed a US$394 million Series D round at a US$1.75 billion valuation. The Series D round was led by TCV, a growth equity firm, with participation from
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Capchase Secures $125 Million Funding to Launch Financing for Tech Companies
Capchase, a New York-based a platform for recurring-revenue companies to secure non-dilutive capital, has announced a US$125 million Series A investment, led by QED Investors. Additional investors in the round include early backers Bling Capital, ScifiVC and Caffeinated Capital, along
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Wealthtech Startup Yieldstreet Lands US$100 Million in Series C Fundraise
Yieldstreet, a New York-based digital investing platform, announced that it has raised US$100 million during a Series C funding round. Tarsadia Investments, led the round, joined by Kingfisher Investment, Top Tier Capital Partners and Gaingels. Existing investors, Edison Partners, Soros
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Swiss Neobank Neon Bags CHF 7 Million, Offers Equity Crowdfunding to Customers
The Zurich-based challenger bank neon announced that it has received funding of 7 million CHF from its pre-existing investors. Thsi includes TX Group, BackBone Ventures, QoQa Services SA, the Helvetia Venture Fund, the Schwyzer Kantonalbank’s innovation foundation, as well as
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FQX Secures $4.7 Million Seed Funding to Scale Its Promissory Note Infrastructure
FQX, a Swiss-based fintech focused on electronic negotiable instruments, has secured US$4.7 million in seed funding to scale their eNoteTM infrastructure. Earlybird led the round with participation of SIX Fintech Ventures, the non-strategic corporate venture arm of SIX, and the
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