Canada’s Float bags $37m credit facility from Silicon Valley Bank
The Toronto-based fintech says the new facility will be used to expand its Charge Card programme.
The Toronto-based fintech says the new facility will be used to expand its Charge Card programme.
The Amsterdam-based start-up has now raised over €100 million to date.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The new facility consists of a $255 million term loan and a $25 million revolver.
The bank also plans to renovate more than 1,700 existing locations across the US.
ID Finance claims the financing marks its “largest ever financing round” to date.
The vendor plans to further establish its market presence in Germany, Austria and Switzerland.
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A handy round-up of the recent funding endeavours of fintech companies across the globe.
Reevo Money was launched by Amplifi Capital in 2022 and is the firm’s second customer-facing brand.
Kriya aims to use the facility to enhance its offerings for B2B retailers.
The funding will enable Kore.ai to scale its workforce and further develop its product offering.
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The LA-based fintech says it will use the facility to attract and retain more customers.
Sygnum says it will use the capital to expand into new markets and further develop its product suite.
Mondu’s credit facility with VVRB now stands at €50 million following an earlier deal in 2022.
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Our pick of the top fintech news stories this week includes Abrdn, Kashable, Synchrony and more.
Bilt Rewards was previously valued at $1.5 billion following a $150 million funding round back in 2022.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
BillingPlatform previously raised $10 million in a Series B round back in 2019.
The fintech last raised $4.5 million through a seed round in February 2023.
Californian venture capital firms Revolution Ventures and Moneta Ventures led the round.
The Dutch paytech is looking to expand its presence and break into the neighbouring market of Germany.
The $250m expansion builds on an earlier $250m ABS facility secured by the fintech in April 2022.
The Boston-based engagement platform says it is looking to double its staff headcount by the end of the year.
The $75 million equity funding valued the NYC-headquartered fintech at $1.75 billion.
Our pick of the top fintech news stories this week includes Citi, Sainsbury’s Bank and more.
The fintech has now raised $103 million to date, including a $35 million Series A in October 2021.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Panacea says it will use the capital to expand its financial services suite built for US doctors.
The start-up previously secured a £95m debt facility from NatWest and an £8.5m Series A round in February 2023.
The latest round saw participation from both new and existing investors, HashKey says, without divulging names.
The raise marks 10x’s first funding round since its Series C in June 2021, when it bagged $187 million.
The capital injection follows a $104m investment in July and a $56.8m investment in April last year.
The company last raised $24 million during a Series A round in December 2021.
Our pick of the top fintech news stories this week includes Zilo, Ant Group, FirstOntario and more.
Our weekly fintech round-up for you to get the latest funding news from across Europe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The latest funding follows a £10 million investment by Lloyds Banking Group in March 2023.