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Apps Banking Charity FinTech Mobile Payments North America

Spiral Raises $14M in Funding

– Spiral is a NYC-based banking solution for the charitable sector.
– The company raised $14m in funding.
– The round was led by Team8 with participation from Communitas Capital, Phoenix, Nidoco AB, MTVO, as well as financial executives.
– The new investment will be used to launch its app.

Source
Charity Europe Internet SaaS Software

Enthuse Raises £3.5M in Series A Funding

– Enthuse, a UK-based donations, fundraising and events platform, secured £3.5m in Series A funding.
– The round was led by Praetura Ventures.
Praetura Ventures’ investment manager Sim Singh-Landa will join the Enthuse board as a non-executive director and David Foreman, managing director of Praetura Ventures, will join as an observer.
– The company intends to use the funds to develop and extend its product offering, as well as expand its offering into new international markets, and double the size of its team from 50 to 100 strong employees.

Source
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