Funding
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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Wefox Bags US$650 Million in Series C Fundraise, Secures Valuation of US$3 Billion
wefox, a Berlin-based digital insurance company, has raised US$650 million for its Series C funding round led by Target Global, resulting in a post-money valuation of US$3 billion. The firm intends to invest the proceeds in strengthening its presence in
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London Fintech Curve Raises Nearly £10 Million in Largest Ever Equity Raise on Crowdcube
Curve, a London fintech that allows consumers to store their payment cards in a single location, has secured £10 million in an equity raise on Crowdcube from 11,795 investors. This is reportedly the largest ever equity raise on Crowdcube, breaking
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Crypto Firm Circle Raises US$440 Million, Considers US$4 Billion SPAC Deal
Circle, creator of the second largest stablecoin USDC, announced it has raised US$440 million in financing from leading institutional and strategic investors. The financing included investments from leading private equity, institutional and strategic investors, including Fidelity Management and Research Company,
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Dutch Payments Security Firm Fraudio Secures US$3.3 Million in Seed Funding
Fraudio, a Netherlands-based payments fraud prevention startup, announced that it has raised US$3.3 million during a seed funding round. Investors in this round are the founders of FinTech companies Stone and SaltPay, VCs BiG Start Ventures and BYND Venture Capital,
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E-Commerce Fraud Prevention Firm Forter Secures US$300 Million Funding
Forter, a U.S.-based integrated fraud prevention platform for e-commerce, announced that it has raised US$300 million in Series F funding round. The announcement comes six months after the company completed its US$125 million Series E round, almost tripling the valuation
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Payments Firm Paysend Secures US$125 Million in Series B Fundraise
Paysend, a London-based payments platform, announced that it has closed a Series B funding round of US$125 million. The fundraise was led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including
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German Neobroker Trade Republic Announces US$900 Million Fundraise
German neobroker Trade Republic announced that it has raised US$900 million in a Series C funding round which pushed its valuation to over US$5 billion at present. The fundraise was led by Sequoia with participation from new investors TCV and
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Yova schliesst Finanzierungsrunde über 11 Millionen Franken ab
Die 2017 in Zürich gegründete Impact Investing Plattform Yova setzt ihren Wachstumskurs fort. In einer kürzlich abgeschlossenen Finanzierungsrunde erlöste das Unternehmen 11 Millionen Franken. Yova wird von namhaften Investoren finanziert, darunter Carole Ackermann (CEO bei Diamondscull; VR bei BKW, BVZ,
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