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Cordant today emerged from stealth with $8 million in seed funding co-led by Motive Partners and Oak HC/FT. Cordant is a command center for payments companies, fintechs and banks operating across fragmented financial infrastructure. The platform ingests signals from payment rails, bank accounts, ledgers, compliance and risk systems, and normalizes them into a shared event…
BR-DGE, the high-growth payments technology company, has secured a £10m funding round, along with a new growth investor, as it executes its international growth strategy. The company has seen a 15x increase in platform volumes in under two years, with transactions set to exceed 100 million per month by year-end. Having established a leadership position…
Optiak, the modular operating system for enterprise AI, has announced a €4 million (approximately $4.7 million) pre-seed funding round led by Market One Capital, Next Tier Ventures, EA Ventures Plug and Play EMEA Fund and Mission. The round is also backed by investors linked to giants such as SpaceX, Amazon, Stripe, Crowdstrike, or Databricks, making…
AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the close of a $350 million funding round valuing the company at $7.5 billion – nearly double its most recent $4 billion valuation and bringing its total funding to well over $1 billion. This new financing follows AlphaSense’s rapid enterprise adoption and strong…
Primer today announces a $100 million Series C funding round, as it continues to build the AI-enabled operating layer for global payments and finance. The round is led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest. You can’t build intelligent payments…
bunch, the AI-native fund operations platform for private markets, today announced the close of its $35 million Series B. The round was led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, and Fintech Collective and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen…
Santander has agreed to participate in c.£550 million funding rounds for Ebury, its global fintech platform focused on cross-border payments and international trade solutions. The funding rounds are being made by a group comprising Centerbridge Partners alongside reinvesting existing shareholders Santander, Vitruvian Partners and 83North. Santander will invest £50 million and remain Ebury’s majority shareholder…
Allica Bank, the leading digital bank for small and medium businesses (SMBs), has announced a $155m Series D capital raise from Ventura Capital, GLG , Sona AM and existing investors TCV and Blue Owl. The majority of the round consists of common equity, alongside a portion of new additional Tier 1 equity capital. Allica is the…
Airwallex, a leading global financial platform for modern businesses, raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The financing values Airwallex at $8 billion, a ~30% increase since its Series F six months ago. The investment will…
Numeric, the AI accounting automation platform, has raised a $51 million Series B round led by IVP, with participation from Menlo Ventures, Founders Fund, Alkeon, 8VC, Socii Capital, Access Industries, Friends & Family Capital, Long Journey Ventures and Fifth Down, as well as Marc Huffman, Former CEO of BlackLine, and Ron Gill, Former CFO of NetSuite….
Adclear, the AI “FinProm” compliance platform relied on by the UK’s top finance brands, has raised an oversubscribed £2.1m Seed round ($2.75m) led by Outward VC and backed by AFG Partners and Tenity. Angels include Clearscore founder Dan Cobley, MD of Coinbase, Keith Grose, who invested as part of a16z scout fund and angel community Ventures Together. Haatch and Force Over Mass Capital are also backing the round, after investing in the company…
Zilch, the consumer payments platform powering the future of commerce, today announced it has raised over USD $175 million ($176.7m) in debt and equity. Led by KKCG, the round includes participation from BNF Capital, and several other strategic investors. The raise also includes the expansion of its securitization led by Deutsche Bank. The successful raise…
