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fundraising

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Morgan Stanley Leads $31M Investment Into Global Payments Fintech Sokin

Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide significant capital and accelerate its product growth plans and further global expansion. The transaction is constructed to provide investment to the company to…

Venture & Investment · 2024年7月24日 · 阅读约 2 分钟

Dopay Secures $13.5 Million Series A Extension Round

Dopay, the rapidly growing fintech providing a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, announces the closing of a strategic $13.5 million Series A extension round. This funding milestone tops up a previous $18 million Series A funding round and marks a significant step in Dopay’s mission to transform…

Venture & Investment · 2024年7月18日 · 阅读约 3 分钟

Aven Raises $142M Series D Reaching Unicorn Status

Aven, a technology company offering consumer credit cards backed by home equity, announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven was founded in 2019 by Sadi Khan, Collin Wikman, and…

Venture & Investment · 2024年7月18日 · 阅读约 3 分钟

Matera Secures $100 Million Funding From Warburg Pincus

Matera, a leading banking software provider, today announced a $100 million investment from Warburg Pincus, a leading global growth investor. The investment will be used to fund the company’s expansion into the North American market and further expand product development. Founded in Brazil, Matera is a trusted technology provider of core banking, instant payment, and…

Venture & Investment · 2024年7月18日 · 阅读约 3 分钟

Connect Money secures $8M to help non-bank businesses offer embedded finance services

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…

Venture & Investment · 2024年6月25日 · 阅读约 2 分钟

Ramp announces a significant capital infusion in its Series D-2 funding round

Ramp, the company revolutionizing financial management with its ‘better corporate card’, today announced a significant capital infusion in its Series D-2 funding round. Founded just five years ago, Ramp’s steadfast mission has been to empower businesses to spend less and save more, a commitment that remains at the heart of their operations. Ramp has evolved…

Venture & Investment · 2024年4月19日 · 阅读约 2 分钟