SME financing platform Oxyzo raises $200m Series A, becomes unicorn
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
Gatehouse Bank has appointed Strategy&, PwC’s global strategy consulting business, as its adviser.
Former UK chancellor George Osborne has joined the company’s board.
Atlantic Money claims users can save up to 99% against providers such as PayPal, Wise and Western Union.
Simetrik says the cash will go towards key hires and fueling its global expansion plans.
Our weekly fintech round-up for you to get the latest funding news from around the world.
CoFi and Handle have raised $7 million and $10 million, respectively.
A handy round-up of the recent funding endeavours of UK-based fintechs.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Glia, a New York-based digital customer service specialist, has raised $152m to date.
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
The Series B brings the company’s total amount raised to date to $60 million.
SignalFire founding partner Ilya Kirnos will also join Argyle’s board of directors.
The investment remains subject to Prudential Regulation Authority and Financial Conduct Authority approval.
Global private equity fund Lightrock is investing $18.5 million in the financial inclusion player.
The new capital was provided by JP Morgan and Atalaya Capital Management.
Our pick of the top news stories from the world of finance and tech this week.
The companies have announced the mutual termination of a previously announced acquisition agreement.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Temasek, SoftBank Vision Fund 2 and Microsoft all contributed to the latest funding round.
Money will be used to expand Moove to seven new markets across Asia and MENA over the next six months.
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
The latest investment takes Bazaar’s total capital raised to more than $100 million.
Founded in 2017, Axonius has now raised a total of $395 million to date.
The round was led by the Healthcare of Ontario Pension Plan (HOOPP).
There will be “extensive recruitment” at the company’s new offices in New York and Amsterdam.
The new cash injection takes the company’s valuation up to around £3.5 billion.
The funding comes after the fintech abandoned its planned IPO in January.
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
Lunar CEO says the new funding will enable the firm to continue carrying out its Nordic expansion plan.
New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.
The payments giant has also invested $30 million, alongside other investors, into Zeta.