Section
The latest Venture & Investment reporting, interviews and analysis from INSIGHTEX.
Follow every new story here in your feed reader.
Vivid has finalized its acquisition of Pile, a prominent Berlin-based fintech specializing in treasury solutions for SMEs. This acquisition marks a strategic move for Vivid to enhance its financial management offerings for small and medium enterprises (SMEs), reinforcing its leadership in this sector. Founded just two years ago by Jessica Holzbach, Pile quickly gained recognition…
London-based fintech Currensea has surpassed its online crowdfunding target within just four hours as the travel debit card company capitalizes on a resurgence in demand for overseas holidays. The firm raised £1.7 million from 760 investors on the Seedrs platform, surpassing its initial goal of £1 million and achieving a company valuation of £28.5 million….
BlackRock Inc. has agreed to acquire Preqin, a leading independent provider of private markets data, for £2.55 billion or approximately $3.2 billion in cash. This acquisition will integrate Preqin’s data and research tools with Aladdin’s workflow capabilities, creating a premier private markets technology and data platform. This strategic move enhances BlackRock’s investment technology and expands…
Nubank announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley that helps banks unlock the potential behind their first-party data. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers. Hyperplane, launched in 2022 and co-founded by…
Creatio, a leader in no-code platform automation for CRM and enterprise workflows, has raised $200 million in a Series A funding round led by Sapphire Ventures, with participation from StepStone Group, Volition Capital, and Horizon Capital. This investment, valuing Creatio at $1.2 billion, underscores the company’s rapid growth and ongoing innovation in AI-powered no-code technology….
Payabli, the payments infrastructure solution for software companies, has closed a $20M Series A. The round was led by QED Investors with participation from existing investors TTV Capital, Fika Ventures and Bling Capital based on the company’s greater than 3X revenue growth. The new round of funding will be used to drive further product innovation,…
As BaaS becomes more widespread, Egyptian fintech Connect Money is capitalizing on this trend to explore new opportunities in African markets. The startup helps trade companies issue white-label debit and credit cards, providing access to various financial services, including payments and credit. Founded early this year, Connect Money is planning to expand within and beyond…
TymeBank, a leading digital bank in South Africa, is raising $150 million in preparation for its initial public offering (IPO). The company is preparing for an IPO, targeting a New York listing by 2028, with a potential secondary listing on the Johannesburg Stock Exchange for South African shareholders. The digital bank plans to complete this…
Zilch, the world’s first ad-subsidised payments network (ASPN), today announces a key £100 million securitised debt financing arranged by Deutsche Bank (DB). The financing will enable Zilch to grow its business and accelerate Zilch’s ability to create and launch new products for a broader base of customers. In just under four years, Zilch has achieved…
Ramify, the innovative wealth management and financial advisory platform, announces a €11 million Series A funding round. The round was led by 13books Capital, with participation from Fidelity International Strategic Ventures and existing investors Newfund, AG2R, Crédit Agricole and business angels. Funding will enable Ramify to accelerate its development and become the go-to investment solution…
Shift4, a leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, a major European supplier of point-of-sale (POS) systems for the restaurant and hospitality sectors. Vectron, based in Germany, operates around 65,000 POS locations across Europe, representing approximately €25 billion in volume potential with minimal current payment monetization….
Interpath Advisory, an independent financial advisory firm, has successfully advised CleverCards, a global digital payments platform headquartered in Ireland, on an €8 million funding round. This significant raise will accelerate CleverCards’ ambitious growth plans. The €8 million capital injection was led by Pluxee (Euronext: PLX), a global leader in employee benefits and engagement, with support…
