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raised million


Mumbai: Pocketly, the Bengaluru-based fintech lending platform, which is backed by venture capital fund 100X.VC, raised $3 million in debt and equity in its pre-round Series A. Funding was led by Dholakia Ventures, with participation from angel investors – Cred Founder Kunal Shah, Pidilite Director Apurva Parekh, Organic Riot Founder Siddharth Somaiya and Prophetic Ventures …

Bengaluru-based Fintech lending platform Pocketly, a Class 01 100X.VC portfolio, raised $3 million in debt and equity in its pre-Series A round. The round was led by Dholakia Ventures , it also had the participation of notable angels like Kunal Shah, Apurva Parekh (Pidilite), Siddharth Somaiya (Organic Riot) and Aaryaman Vir Shah. Pocketly provides a …

Celsius Network, a cryptocurrency lending company, is part of a recent wave of crypto companies bolstering their legal departments with hires from corporate law firms. Celsius Networks is looking to expand its financial services and has recruited Ron Deutsch as general counsel. Built with a mission to increase access to financial services, the blockchain-based platform …

Bookmark(0) Please login to score No account yet? Register Finance companies known as Modalku in Indonesia, an online lending platform for MSMEs, have raised a total of US$294 million to fuel their expansion plans in Southeast Asia. According to the company, it has raised US$144 million in an oversubscribed Series C+ funding round led by …

The Israeli startup has developed a securities lending-as-a-service (SLaaS) solution, which allows online brokers, private banks, asset managers and custodians to lend their stocks, bonds and ETFs. Meir Orbach 10:3015.02.22 Fintech company Sharegain, which has developed a securities lending platform, announced Tuesday that it has raised $64 million in a Series B funding round led …

JACKSONVILLE, Florida., January 24, 2022 /PRNewswire/ — Ground floor, Wealthtech’s platform that empowers everyone to build wealth through real estate, today announces the launch of a new local lending company focused specifically on Jacksonville. To mark the occasion, Groundfloor is committed $50 million in dedicated funding for from Jacksonville home flippers and independent property developers …

Global digital lending platform The Social Loan Company (TSLC) has announced the appointment of two key hires, aimed at strengthening its global leadership team as it expands into emerging and frontier markets. The company has appointed Ziad Sawalha as Group Chief Technology Officer (CTO) and Shagorika Heryani as Chief Marketing Officer. Both will report to …

In its attempt to bridge the gap between the traditional art market and new digital asset classes, lending start-up NFT Arcade announced on Wednesday it had raised $ 15 million in Series A funding to develop its platform. fungible token financialization, or NFT. Funding came from eight investment firms, including Pantera Capital, Castle Island Ventures …

In its bid to bridge the gap between the traditional art market and new digital asset classes, lending startup NFT Arcade announced on Wednesday that it has raised $15 million in Series A funding for develop its platform in the financialization of high-value assets, non-fungible tokens, or NFTs. Funding came from eight investment firms, including …

The North Carolina-based lending platform Loan won money by himself. According to a recent Securities and Exchange Commission filing, the company raised $ 3 million from a group of five backers. Based in Durham, NC, LoanWell promotes itself as “an end-to-end platform for lenders”, offering receipt, origination, underwriting, closing, maintenance and reporting in one. only …

Global digital asset savings and lending platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first of its kind to hit the market.” The company also raised $ 70 million, bringing its valuation to $ 540 million. Bitcoin-backed mortgage – “The first product of its kind to hit the …

A veteran of the financial services industry, Adam Stettner has started a new loan company, Canna Fund to provide funding to growers, manufacturers, retailers and all participants in the cannabis supply chain. The company said it had raised $ 30 million but could derive even more through its constituents, investors and partners, including a vast …

DALLAS, December 7, 2021 / PRNewswire / – Today, Zirtue, the world’s leading relationship-based lending app with a mission to foster financial inclusion, officially announces the launch of their Alternative payment solution for companies. The solution allows businesses to use Zirtue as a payment option for their customers to pay their invoices directly through the …

LenDenClub aims to grow with a 5-fold increase in disbursements over the next 18 months Investors include Kunal Shah, Alok Bansal and Hardik Pandya As of August 2019, he had raised $ 1.5 million as part of his pre-Series A round Peer-to-peer (P2P) lending startup LenDenClub raised $ 10 million in a Series A round …

DALLAS, December 7, 2021 / PRNewswire / – Today, Zirtue, the world’s first relationship-based lending app with a mission to drive financial inclusion, officially announces the launch of its Alternative payment solution for companies. The solution allows companies to use Zirtue as a payment option for their customers to pay their invoices directly through the …

After much anticipation, we are starting to see real use cases for blockchain as it moves from abstract theoretical concepts to practical applications that have the potential to change the standard order. The promise to decentralize finance by decoupling the transactions and activities of old banks to the public via blockchain is driving innovation towards …

Swedish fintech company Näktergal, which supports financial institutions with cloud platform solutions for digital lending, has raised € 1 million under the leadership of Katalysen & Partners. Other notable investors are Stefan Backlund, former vice president of marketing and communications at Trustly, Jon Wimmercranz, former group marketing director at Bambora as well as fintech veteran …

Supporting financial institutions’ transition from traditional to digital lending solutions, Stockholm-based Näktergal raised € 1 million. Already seeing success in Sweden and Finland, the company aims to use part of the investment to enter the German market in the coming months. Since its launch in 2015, the startup has raised a total of 2 million …

BENGALURU: Peer-to-peer lending platform Finzy raised $ 2 million in a funding round, the company said. Finzy is currently seeking to raise $ 10 million as part of its Series A round. The company has not disclosed the names of the investors. The funds will be used to bolster its technology and improve product offerings …

Sublime, a decentralized lending platform, said it raised $ 2.5 million in a funding round from Electric Capital, Galaxy Digital, FinTech Collective, Collab + Currency, Jill Carlson Gunter and Ryan Selkis. The company will use the funds to develop its platform and launch it in the coming weeks. Sublime users can verify their digital identity …

DeFi loan firm Euler.xyz raised $ 8 million in a Series A funding round, led by venture capital firm Paradigm. The company had already raised $ 800,000 in a fundraiser last December, exchanging the funds for 10% of the company’s equity. Round table lead investor Lemniscap also joined Series A, along with Ethhub co-founder Anthony …

In Episode 29 of the Investing in Impact podcast, we chat with Dan Miller, Founder and CEO of Steward about creating an innovative online lending platform that helps finance the growth of regenerative agriculture for the next generation of people. ‘regenerative farmers. Dan Miller is the Founder and CEO of Steward, a private lender providing …

(Bloomberg) – Blend Labs Inc., a lending platform for financial companies, raised $ 360 million in a first public offering price at the top of a marketed range. San Francisco-based Blend sold 20 million Class A shares on Thursday for $ 18 each, according to a statement. The company had marketed $ 20 million between …

Market news Private school financier raises 205 million shillings for new loans Friday, June 18, 2021 Ed Partners Africa has raised 205 million shillings ($ 1.9 million) to provide credit facilities to affordable and underserved private schools. PHOTO FILE | NMG Nairobi-based private school financier Ed Partners Africa has raised 205 million shillings ($ 1.9 …

The current round is a follow-on investment tranche from the Indian SME after investing INR 28.4 crore in the form of debt in Kredtbee’s parent company. KreditBee plans to use this funding to expand its loan portfolio by introducing financial services such as Buy-Now-Pay-Later and insurance. KreditBee previously raised $ 145 million in its Series …

Credits, the Brazilian lending firm, has raised $ 255 million in new funding as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($ 196.66 million) and the new round values ​​the company at $ 1.75 billion thanks to $ 570 million …

Upstart Holdings, which operates an online consumer lending platform connecting banks and individuals, raised $ 240 million by offering 12 million shares (75% primary) at $ 20, the lower end of the range from $ 20 to $ 22. Existing shareholder Third Point Ventures had indicated 1.2 million shares in the offer. In terms of …

Northern Arc Capital, a non-bank finance company (NBFC) that provides access to debt to underbanked individuals and businesses in India, plans to step up its direct lending business to focus on small business lending (SBL) , consumer loans, microfinance and middle market loans to emerging companies. “In the last six months, we’ve had a large …

Consumer credit firm Harmoney had a lackluster start on the Australian and New Zealand stock exchanges. Harmoney, based in New Zealand and specializing in personal loans, has made the Australian stock exchange its main trading center with the NZX as a secondary market. Photo: RNZ The company’s shares were trading at AU $ 3.26, 7% …

B-North, a UK based company business credit company, now looking for £ 1,750,000 through his crowdfunding campaign on Crowdcube. The company now offers 10.94% of equity at a pre-currency valuation of £ 14,247,942. Founded in 2018, B-North aims to change the face of business credit by aiming to lend up to ten times faster than …

Julo, a peer-to-peer lending platform in Indonesia, said on Wednesday it has increased its $ 5 million Series A raise to $ 15 million as it seeks to expand its business in the key market of South East Asia. The $ 10 million Round A2 round for the Jakarta-based startup was led by Quona Capital, …

Climb Credit is a New York-based student loan company that expands access to quality education by partnering with programs and schools that enhance the earning potential of their graduates and demonstrate a return on investment. This includes schools ranging from computer science, coding, and data science to healthcare, heavy machine operations, and welding. And Climb …

Tima has 23,775 lenders and 2,133,405 borrowers on its platforms. – Photo Tima News from Viet Nam HÀ NỘI – Tima, Việt Nam’s financial center and peer-to-peer (P2P) lending platform, has raised US $ 3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima said on …

Online lending platform Kissht has raised a $ 30 million Series C from an investor group led by Vertex Ventures SE Asia & India and Sistema Asia Fund. Existing investors Fosun RZ Capital, Ventureast and Endiya Partners also participated in the new round. Kissht (which stands for EMI in Hindi) offers small consumer and personal …

Walnut founders Patanjali Somayaji and Amit Bhor will join the management team Approximately 35 Walnut employees will also join Capital Float Capital Float wants to increase its total assets under management to $ 717.4 million within a year Amazon and Sequoia-backed online lending platform India Capital Float has acquired personal finance management start-up Walnut for …

Capital Float, the fintech startup that claims to be India’s largest online lender, today announced it has raised $ 22 million in new funding from Amazon. Late last year, reports surfaced that Amazon was considering an investment in Capital Float as an extension of its $ 45 million Series C, announced last August. The Bangalore-based …

The company plans to use the funding to upgrade its technology platform Bengaluru-based microcredit company SmartCoin Raised $ 2 Million in Pre-Series A Funding Round run by an undisclosed Chinese venture capital fund. Other participants in the cycle include Accion Venture Lab, US-based Unicorn India Ventures, and ISME ACE, a Mumbai-based FinTech accelerator. The company …

BENGALURU: Online lending startup Avail Finance has raised $ 17.2 million (around Rs 112 crore) in a Series A round from investors led by venture capital firm Matrix Partners. Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-Founder Binny Bansal and Mswipe Manish Patel Founder also participated in the round. The …

NEW DELHI: Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $ 6 million from Sequoia India. The lender will use the funds raised to expand operations, invest in technology and acquire talent. The company had raised Series A from Sequoia India at the …

Nashville Built construction loan firm raised $ 21 million from venture capital firms in San Francisco and New York City, marking one of the largest investments in a local business this year. Built, led by CEO Chase Gilbert, was formed in 2014 to streamline the process of financing housing and commercial construction. Index Ventures in …

One of the fastest growing fintechs in China has raised $ 220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, closed a $ 220 million funding round, comprising both strategic debt and equity financing, with support from Alibaba Hong Kong Entrepreneurs Fund, the International Finance Corporation (IFC) and other global banks. This …

Matt Flannery In 2005, American Matt Flannery started Kiva, a non-profit organization that allows people to lend money via the Internet to low-income / underserved entrepreneurs and students around the world. By June 2014, the platform had reached 1.3 million small businesses who received nearly $ 600 million in loans. Last year, Flannery resigned as …

With massive equity and debt financing of $ 275 million, the next-gen loan company Serious now has the firepower and strategic partners to become a more complete financial services company. The lending segment of the financial services industry has been one of the areas that has generated the most interest from venture capitalists with mature …

Small businesses have been called the lifeblood of our economy, and today a financial services startup has secured significant funding to help it run better. Funding Circle, a UK-based peer-to-peer lending platform that allows individuals and institutions to lend money to small businesses, has secured $ 37 million in funding. At the same time, it …