Biometric authentication specialist iProov secures $70m investment
iProov has received $70 million growth investment from Sumeru Equity Partners.
iProov has received $70 million growth investment from Sumeru Equity Partners.
Addi CEO Santiago Suarez says: “Business is accelerating a lot faster than expected.”
The investment will also support the platform’s expansion into new market verticals.
Unibo raised €500,000 in a seed round in November last year.
FinTech Futures takes a look back at some of the year’s most eye-catching funding rounds.
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
FinTech Futures takes a look back at some of the year’s top mergers and acquisitions.
Our weekly ‘In Case You Missed It’ funding round-up for you to get the latest funding news.
Acquisition of Blast boosts the number of apps under the Ant Money umbrella.
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
Taptap Send reports more than 8x growth since the onset of the pandemic.
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
Razorpay’s Series F funding round now values the firm at $7.5 billion.
The funding will be used to support national and international expansion.
Proxymity says it has delivered significant growth since launch in April 2020.
New cash injection takes the firm’s total capital raised to date to around $65 million.
Despite belonging to the same universe, the differences between fintechs and banks can at times seem vast.
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The platform says it blocks over 1,000 attacks per day against its customers.
With the fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Ramp will use the cash to drive expansion and further product development.
“BNPL is growing at a breakneck speed in India,” says CEO Nitin Gupta.
The new funds will also be used for further product development and to hire more staff.
The new cash will fund the start-up’s expansion into Brazil.
The Series B funding round was led by Tiger Global.
Tradeshift aims “to connect every company in the world, creating economic opportunity for all”.
Featuring Monzo, Tipalti, Mambu, Tradeshift and Pleo.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
“With this latest investment, we look forward to deepening and expanding our solutions,” CEO says.
Cash will go towards strengthening its Indonesian operations and expanding its workforce.
“The market for simplifying net terms payments and embedding BNPL payment options is exploding”, CEO says.
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
Finder co-founder Fred Schebesta says the company has been “bootstrapped since day one”.
Exciting open vacancies at Starling Bank, Funding Circle and Crowdcube. Apply today!