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Australia and Oceania Finance Financial Services FinTech Payments

Airwallex Raised US$200 Million Series E Funding Round Led by Lone Pine Capital

– Airwallex announced it has raised US$200m in an oversubscribed Series E financing round, increasing the company’s valuation to US$4b.
– This latest investment follows an extended Series D capital raise earlier this year in March, cementing Airwallex’s position as one of the fastest growing unicorns amid an unprecedented business environment affected by COVID.
– The investment will support Airwallex’s global expansion and enable the company to accelerate multiple product development initiatives across its five engineering hubs, grow its sales and commercial teams and increase its breadth of offerings for SMEs and larger enterprises operating in the digital economy.

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Finance FinTech Insurance InsurTech North America Software

Ascend raises $5.5M to provide a BNPL option for commercial insurance

– Ascend, a payments platform for insurance companies, raised $5.5m in seed funding.
– The round was led by First Round Capital and joined by Susa Ventures, FirstMark Capital, Box Group and a group of angel investors.
– The company is live in 20 states.
– It offers point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments.

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Finance Financial Services FinTech North America

Neo Financial announces $64 million Series B raise to accelerate growth

– Neo Financial (Neo), a financial technology company created by two of the co-founders of SkipTheDishes, announced their $64 million Series B fundraising round.
– This brings Neo’s total funding to $114 million CAD, with Valar Ventures leading both Series A and B rounds.
– With this latest capital raise, Neo will continue to grow its team from both Calgary and Winnipeg, and focus on launching new integrated fintech partnerships with retailers – a significant gap that’s underserved by incumbent banks. They will also be going beyond just ‘spending and saving’ to innovate and launch new products and features across the entire journey of Canadians’ financial lives.

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Banking Finance Financial Services FinTech Payments Southeast Asia

Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global

– Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced it has raised $150 million in Series C funding, bumping its valuation to $1 billion.
– The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital.
– This new round brings its total funding so far to $238 million.
– The company was founded in 2015 by chief executive officer Moses Lo and chief operating officer Tessa Wijaya.

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Finance Financial Services Insurance North America

Vouch Raises $90M in Series F Funding

– Vouch is an insurance platform for startups.
– Company raised $90M in Series F funding.
– The round was led by Redpoint Ventures, Silicon Valley Bank Capital, Ribbit Capital, Allegis Group, Sound Ventures, and SiriusPoint.
– The new investment will be used to expand the company’s operations and line of insurance products.

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Finance Financial Services Internet North America

Rocket Dollar Raises $8M in Series A Funding

– Rocket Dollar is a self-directed retirement platform based in Austin, Texas.
– Company raised $8m in Series A funding.
– The round was led by Park West Asset Management with participation from Hyphen Capital, Moneta Venture Capital, Kraken Ventures, and Primetime Partners, and existing investor Sure Ventures.
– The new investment will be used to accelerate product development, enhance customer experience, double down on cybersecurity, and expand investment education and content.

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Finance Financial Services FinTech Insurance InsurTech Western Europe

UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance

– Marshmallow, a U.K.-based car insurance provider, raised $85m in a new round of funding.
– The company is valued at $1.25bn.
– The plan now is to deepen its relationships with customers, in part by providing more engagement to make them better drivers, but also potentially selling more services to them, too.
– The average age of Marshmallow’s customers is 20 to 40.

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Finance Financial Services FinTech Latin America

Addi Raises $140M in Series B Extension Funding

– Addi is a fintech and digital commerce startup based in Bogota, Colombia, and Sao Paulo, Brazil.
– Company raised $75m in extension Series B funding.
– The round was led by Greycroft with participation from new investors GGV Capital, Citius Capital, and Intersection Growth Partners, as well as existing investors Andreessen Horowitz, Citius VC, Endeavor Catalyst, Foundation Capital, Monashees, and Quona Capital. Union Square’s Opportunity Fund also participated in the round.
– The company will use the funds to continue to scale its current operations in Brazil and Colombia, expand into Mexico in early 2022, enhance its BNPL offering while allowing customers and merchants to pay in new ways through its platform and its app, which launches later this month.

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Banking Debit Cards Finance Financial Services North America

Point raises $46.5 million for its premium debit card

– Challenger bank Point raised $46.5m Series B funding.
– The round was led by Valar Ventures and joined by Breyer Capital, YC Continuity and Human Capital.
– The company raised a $10.5m Series A round 18 months ago and a seed round before that, which means that Point has raised $60m in total.

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Banking Debit Cards Finance Financial Services North America

Point Card Raises $46.5M in Series B

– Point Card, a mobile payments app that offers unlimited cash back and personalized offers, has raised $46.5m in Series B funding.
– Existing investor Peter Thiel’s Valar Ventures led the Series B round.
– Other investors include Breyer Capital, YC Continuity and Human Capital.

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Banking Finance Financial Services FinTech North America

Clicklease Raises $63M in Series A Funding

– Clicklease is a Salt Lake City, UT-based fintech company providing payment solutions in the commercial equipment space.
– Company raised $63m in Series A funding.
– The round was led by Sandlot Partners.
– The new investment will be aimed at accelerating investment in technology, expanding the team and improving the products to create the best experience for customers and its equipment selling partners.

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Analytics Data Visualization Eastern Asia Finance Financial Services

Oddup Raises $12.8M in Series C Funding

– Oddup is a Hong Kong-based provider of data-driven insights for the startup and cryptocurrency ecosystems.
– The company closed a $12.8M Series C funding round.
– Backers included new investors IRO Capital, Elliot Capital and Jervois Hillier as well as existing investors Click Ventures, White Capital and The Times Group’s strategic investment arm, Brand Capital.
– The new investment will be used to accelerate the company’s global expansion and product development capabilities, with a particular focus on crypto-assets, digital ledger technologies, blockchain and virtual currencies.

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Apps E-Commerce Finance Financial Services Retail Software Southeast Asia

SoBanHang gets $1.5M to help small Vietnamese stores sell online for the first time

– SoBanHang, a Vietnamese e-commerce enabler, raised $1.5m in seed funding.
– The round was led by FEBE Ventures, Class 5 and Kevin P. Ryan, founder of businesses like Gilt Groupe, Business Insider and MongoDB.
– The company plans to use the funding to expand its team and develop new features.

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Finance Financial Services FinTech North America

Corporate spend management startup Ramp snags $300M

– Ramp announced that it closed a $300m series C funding tranche led by Founders Fund, with participation from Redpoint Ventures, Thrive Capital, D1 Capital Partners, Spark Capital, Coatue Management, Iconiq, Altimeter, Stripe, Lux Capital, A* Partners, and Definition Capital.
– Ramp provides virtual and physical cards that offer 1.5% cashback on purchases. Its management tools allows companies to control spend with multi-level rules, vendor spending limits, merchant blacklists, and approvals, as well as spending insights that combine expense reporting, accounting, and more.

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Finance Financial Services FinTech North America Software

DriveWealth Raises $450M in Series D; Valued At $2.85 Billion

– DriveWealth Holdings, Inc. (NYSE: DRV) is a Chatam, N.J.-based fractional trading and embedded finance company.
– The company raised $450m in Series D funding.
– The round was co-led by Insight Partners and Accel, with participation from Greyhound Capital, Softbank Vision Fund, Point72 Ventures, Fidelity International, Base 10, FTX, and FlightDeck.
– The new investment will be used to continue product and service expansion, talent acquisition, and technology innovation, as well as to launch self-clearing and accelerate execution via strategic acquisitions and partnerships.

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B2B Cloud Data Services Finance North America SaaS Software

Enable Raises $45M in Series B Funding

– Enable, a San Francisco, CA-based cloud-based software solution for B2B rebate management, raised $45m in Series B funding.
– The round was led by Norwest Venture Partners with participation from previous investors Menlo Ventures and Sierra Ventures, along with several angel investors.
– The new investment will be used to continue to expand operations and its business reach.

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Consumer Lending Credit Credit Cards Finance Financial Services FinTech Lending Personal Finance Western Europe

Keebo Raises £5M in Seed Funding

– Keebo is a London, UK-based credit card approved by the FCA which uses open banking data.
– The company raised $5m in seed funding.
– The round was led by Breega and Connect Ventures.
– The new investment will be used to hire new people and continue to develop the platform towards launch.

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Consumer Lending Finance Lending Mobile Apps North America Property Management Real Estate

Reali Raises $250M in Funding

– Reali is a real estate and fintech company based in San Mateo, California.
– The company raised $250m in Series D funding.
– The round was led by Zeev Ventures with participation from Akkadian Ventures, Signia Ventures, and others.
– The new investment will be used to accelerate national expansion and product advancements to its Reali Trade-In and Reali Cash Offer services.

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Clean Energy Energy Finance North America Project Management Solar

Nexamp Secures $680 Million Investment to Advance Its Mission of Making Energy Clean, Simple and Accessible

– Nexamp secured a $240m equity investment led by Generate Capital.
– Nexamp also recently raised $440m in debt financing, bringing its total new funding to $680m.
– The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its position as a leading clean energy solutions provider.

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Finance Financial Services FinTech North America

Reserve Trust Secures $30.5M Series A, Reunites Serial Entrepreneurs to Drive Next Stage of Growth

– Reserve Trust, the first fintech trust company with a Federal Reserve master account, announced a $30.5m Series A investment.
– Led by QED Investors with participation from FinTech Collective and Ardent Venture Partners.
– In conjunction with the fundraise, Reserve Trust also announced that Dave Wright has been named CEO and Dave Cahill has joined the company as Chief Operating Officer.
– This move reunites two tech entrepreneurs that have collectively been involved in founding, building, and scaling multiple startups with four successful exits between them.

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Artificial Intelligence Finance North America

OfColor Announces Investment from PSG

– OfColor, an enterprise SaaS provider focused on the financial health of employees of color, announced a strategic seed investment from funds advised by PSG.
– OfColor is on a mission to help employees of color earn and keep more of their income.
– The Company aims to integrate the best from fintech and behavioral finance into a single platform, leveraging the combination to improve the financial health of minority employees.
– OfColor was founded by CEO Yemi Rose after a nearly two-decade corporate career focused on financial wellness at the intersection of financial services, communications and marketing.
– Rose noted that despite race being a significant predictor of wealth in America, the minority money experience seemed to be an afterthought in the current suite of financial wellness solutions.

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Accounting Artificial Intelligence Finance Financial Services FinTech North America

Zeni Raises $34M in Series B Funding

– Zeni is a Palo Alto, CA-based AI-powered finance concierge startup.
– The company raised $34m in Series B funding.
– The round was led by Elevation Capital with participation from new investors Think Investments and Neeraj Arora and existing investors Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital and Liquid 2 Ventures.
– The company will use the funds to bring its intelligent bookkeeping and accounting platform and services to more customers by investing in its team in the U.S. and India across product, technology, marketing, sales, and finance operations.

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Blockchain Finance Financial Services FinTech North America

Figure Technologies Closes $200M Series D Funding

– Figure Technologies, Inc. is a San Francisco, CA-based provider of blockchain technology powered financial services.
– The company closed a $200m Series D funding at a $3.2b valuation.
– Backers included new investors including entities and funds managed and/or advised by affiliates of Apollo Global Management, Blockchain.com, Rockaway Blockchain, HOF Capital, Endeavour Capital, National Bank Holdings, Goldentree Asset Management and L1 Digital.

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Finance Financial Services FinTech Payments Southeast Asia Transaction Processing

Nium crosses $1B valuation with $200M Riverwood Capital-led round

– B2B payments platform Nium raised $200m in Series D funding.
– The round was led by Riverwood Capital and joined by Temasek, Visa, Vertex Ventures, Atinum Capital, Beacon Venture Capital and Rocket Capital Investment.
– Including the new funding, Nium has raised $300m to date.

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Finance Financial Services FinTech North America Retirement Software

Vestwell Raises $70M in Series C Funding

– Vestwell, a NYC-based API technology platform for workplace savings and investing programs, raised $70m in Series C financing.
– The round was led by Wells Fargo Strategic Capital and Fin Venture Capital co-led by Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary Venture Partners, Teamworthy Ventures, F-Prime Capital, Industry Ventures, and Commerce Ventures.
– The company intends to use the funds to further expand the team, platform functionality, and servicing for its thousands of partners and clients.

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Finance Financial Services FinTech Impact Investing Information Technology North America Software

SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform

– SIMON Markets LLC (“SIMON”), a fintech company transforming the digital wealth management landscape through its leading platform for financial professionals, and which makes risk-managed and alternative investment solutions broadly available, has closed the first leg of a strategic financing round of up to $100 million of growth capital.
– The Series B round is led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, known for investments backing market leading tech-enabled, asset-light companies. Existing investors also are participating in the round.

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Finance Financial Services FinTech Impact Investing Information Technology North America Software

Simon Markets Raises $100M in Series B Funding

– Simon Markets LLC, a NYC-based digital wealth management platform for financial professionals, closed the first leg of a strategic financing round of up to $100m of growth capital.
– Series B round was led by WestCap, with participation from existing investors.
– The company intends to use the funds to further advance its core offering across structured investments and annuities, while driving additional growth initiatives centered on product and geographic expansion.

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Accounting Advice Finance Financial Services Freelance North America

Paro Raises $25M in Series B Funding

– Paro is a Chicago, IL-based startup on-demand financial expertise company.
– The company raised $25m in Series B funding.
– The round was led by Madrona Venture Group, with participation from existing investors Revolution Ventures, Sierra Ventures and KGC Capital.
– The new investment will be used to accelerate the company’s growth domestically and internationally as well as invest in its AI–powered professional services marketplace.

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Finance Financial Services Insurance InsurTech Life Insurance North America

Ethos Raises $100M in Funding

– Ethos, an San Francisco, CA -based life insurtech company, raised an additional $100 in funding.
SoftBank Vision Fund 2 made the investment which brought the valuation of the company to $2.7b and total funds raised to $400m.
– The company intends to use the funds to expand its business reach.

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Commercial Real Estate Finance Financial Services Marketplace North America Real Estate Real Estate Investment

Lev Raises $30M in Series A Funding

– Lev is a NYC-based online commercial real estate financing transaction platform.
– The company raised 30m in Series A funding.
– The round was led by Greenspring, with participation from First American Title and existing investors, including NFX, Canaan Partners, JLL Spark, Animo Ventures and Ludlow Ventures.
– The new investment will be used to expand the team, in their New York City HQ, Miami R&D center and Los Angeles outpost, as well as through remote positions, invest in product development and extend its services.

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Australia and Oceania Employee Benefits Employment Finance Human Resources Management Information Systems SaaS

Employment Hero gets $140M AUD Series E led by Insight Partners, grows valuation to $800M AUD

– Employment Hero, an automated human resources, payroll and benefits platform for SMEs, raised $140m funding.
– The round was led by Insight Partners, the venture capital firm known for its ScaleUp program to help tech companies accelerate their growth.
– The company is now expanding into Southeast Asian and Western European markets.
– It has a valuation of $800m.
– The company is used by 6,000 businesses, with a total of 250,000 employees.

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Finance Financial Services Higher Education North America

MPOWER Financing Raises $100M in Equity Funding

– MPOWER Financing is a Washington, DC-based fintech platform and provider of education loans to high-promise students around the world.
– The company raised an equity investment of $100m.
– Backers included Tilden Park Capital Management, ETS Strategic Capital on behalf of ETS, King Street Capital Management, Drakes Landing Associates, and Pennington Alternative Income Management.
– The new investment will be used to expand its platform and operations.

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Finance Financial Services FinTech North America Wealth Management

M1 Finance Raises $150M in Series E; Valued at $1.45 Billion

– M1 Finance is a finance app, which helps people manage and grow their money with control and automation.
– The company raised $150m in Series E funding round.
SoftBank’s Vision Fund 2 led the round, which valued the company at $1.45 Billion.
– The new investment will be used to expand products and features, platform innovation, enhanced customer service, and hire talent.

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Consumer Credit Finance FinTech North America

Dovly Raises $3M in Bridge Funding

– Dovly from Scottsdale, Arizona provides an automated platform that allows consumers to tracks, manages and fixes their credit scores.
– The company raised $3m in bridge funding.
– The round was led by NFX with participation from Fawkes Global, 1984 Ventures and Croghan Investments.
– The new investment will be used to accelerate growth and marketing efforts and to further develop its product offerings.

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Banking Developer APIs Finance Financial Services FinTech Payments Software Western Europe

Railsbank Raises USD$70M in Funding

– Railsbank, a London, UK-based embedded finance platform provider, raised USD$70m in its latest funding round.
– The round was led by Anthos Capital with participation from Central Capital (VC arm of Indonesia’s largest privately held bank), Cohen and Company (the founder of Bancorp), and Chris Adelsbach’s new fund Outrun Ventures.
– The company will use the funds to further expand its various Embedded Finance products (Banking as a Service, Cards as a Service, and Credit as a Service) across Europe, Asia Pacific and North America.

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Credit Cards Finance FinTech North America

Cardless raises $40M to help more brands launch custom credit cards

– Cardless, a startup that helps brands launch co-branded credit cards, has raised $40m in Series B funding.
– The round was led by Activant Capital and joined by the owners and management of the Phoenix Suns and Boston Celtics, and existing backers such as Accomplice and Pear VC.
– The company is out to modernize the whole concept of co-branded credit card programs.

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Commercial Lending Finance Financial Services FinTech North America Risk Management

Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

– Marco Financial, a trade finance company, raised $7m in seed funding and $75m in a credit facility.
– The round was led by Arcadia Funds and Kayyak Ventures, and backed by Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders, Fox Ventures and Arpegio – Venture Capital.
– The company plans to increase its credit line to $100m.

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Banking Finance Financial Services FinTech Western Europe

Moneyhub Raises $18M in Total Funding

– Moneyhub from Briston UK develops open finance data, intelligence and payments platform.
– Series A $18m funding round led by Sir Peter Wood via a newly formed investment vehicle SPWOne.
– The company intends to use the funds to accelerate the growth of its offerings and the rapid expansion into new markets and wider industry sectors, including wealth, insurance and retail.

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Asset Management Blockchain Cryptocurrency Ethereum Finance FinTech North America

Zerion RAises $8.2M in Series A Funding

– Zerion is a San Francisco CA-based focused developer of an investing interface for decentralized finance (DeFi).
– The company raised $8.2m in Series A funding.
– The round was led by Mosaic Ventures with participation from Placeholder, DCG, Lightspeed, Blockchain.com Ventures, DeFi Alliance Fund, Continue Capital, SevenX Ventures, G1 Ventures, Bitscale Capital, Wintermute, The LAO and a group of angel investors from the crypto community.

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Finance Financial Services FinTech Internet Western Europe

Younited Credit raises $170 million for its data-driven credit offering

– French startup Younited Credit has raised $170m funding.
Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating.
– The company offers several credit products to European consumers.
– It also has a diversified distribution strategy.

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Banking Finance Financial Services FinTech Western Europe

Juni Raises $21.5M in Series A Funding

– Juni is a Gothenburg, Sweden-based financial companion for e-commerce entrepreneurs.
– The company raised $21.5m in Series A funding.
– The round was led by partners of DST Global, Felix Capital, Cherry Ventures and other early investors.
– The new investment will be used to focus on product development and recruiting.

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Asset Management Finance Financial Services Western Europe

StepEx Raises £1.1M in Pre-Seed Funding

– StepEx, a London, UK-based fintech startup that provides affordable student finance based on future earnings rather than debt, raised £1.1m in pre-seed funding.
– The round was led by BBVA Anthemis Venture Partnership, Triple Point Ventures, and angel investors including renowned fintech investor Chris Adelsbach.
– The company intends to use the funds for the further development of its machine learning model and user platform, as well as the expansion of the senior team.

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Cloud Computing Computer Enterprise Software Finance Information Technology Insurance North America Software

EIS Receives More Than $100M Investment from TPG

– EIS, a San Francisco, CA-based core and digital platform provider for insurers, received a growth investment of more than $100m from TPG.
– TPG is investing out of TPG Tech Adjacencies (TTAD), its fund focused on flexible capital solutions for the technology industry.
– The company intends to use the funds to continue to accelerate product development across the spectrum of risk, health, and wealth, and support geographic expansion.

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Credit Finance Financial Services FinTech North America Personal Finance

Kikoff raises $30M for its hybrid consumer-credit and financial-literacy service

– Kikoff, a personal finance platform aimed at helping consumers build credit, announced that it has raised $30m in a Series B round.
– The capital is in addition to the $12.5m the startup raised across previously unannounced seed and Series A rounds, which were both led by Lightspeed Venture Partners.
Portage Ventures led Kikoff’s Series B, which included participation from Lightspeed Venture Partners, GGV, Coatue and Core Innovation Capital. Previous backers of the company include NBA star Steph Curry, Wex CEO Melissa Smith and Teresa Ressel, former CFO of the U.S. Department of the Treasury.

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Finance Financial Services FinTech Information Technology SaaS Software Western Europe

Traydstream Raises $8M in Series A Funding

– Traydstream Limited, a London, UK-based fintech company, raised US$8m as part of a Series A funding round.
– The round was led by institutional and private investors.
– The company intends to use the funds to continue to expand operations and its business reach.

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Cryptocurrency Eastern Asia Finance Financial Services FinTech Information Technology Trading Platform

Amber Group Raises $100M in Series B Funding at $1 Billion Valuation

– Amber Group, a Hong Kong-based crypto trading and technology company, raised $100m in Series B funding at a $1b valuation.
– The round was led by China Renaissance Group, Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, as well as existing investors Pantera Capital, Coinbase Ventures, Blockchain.com, Bit Digital, Digital Finance Group, Fenbushi Capital, Math Wallet, SNZ Capital, Continue Capital, and Mr. Zhao Qingsun.
– The company intends to use the funds to continue to expand global operations and develop market solutions for crypto investors and companies.

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Analytics Finance Financial Services FinTech North America Personal Finance

SmartAsset Raises $110M Series D Round

– SmartAsset, the web’s go-to resource for financial advice connecting consumers with financial advisors, has closed a $110m Series D round.
– The financing round was led by existing investor TTV Capital with participation from Javelin Venture Partners, Contour Venture Partners, Citi Ventures, New York Life Ventures, North Bridge Venture Partners, and CMFG Ventures.
– Reaching more than 100 million people each month through its educational content and personalized calculators and tools, SmartAsset’s mission is to help people make smart financial decisions.

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Finance Financial Services Lending North America

Lower Raises $100M in Series A Funding

– Lower from New Albany, OH provides a home finance platform that allows customers to deposit money and save for a home, get a mortgage to buy a home, refinance an existing mortgage, and obtain insurance to protect their home.
– The company raised $100m in Series A funding.
– The round was led by Accel and the company intends to use the funds to expand its product line and accelerate its growth, hiring new people.

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Blockchain Cryptocurrency Finance Financial Services FinTech Information Technology North America

Securitize Raises $48M in Series B Funding

– Securitize, Inc. from Miami, FL raised $48m in Series B funding.
– The round was co-led by Blockchain Capital and investment funds managed by Morgan Stanley Tactical Value, which were joined by new investors Ava Labs, IDC Ventures, Migration Capital, NTT Data and Sumitomo Mitsui Trust Bank and existing investors Blockchain Ventures, Borderless Capital, Global Brain, Mouro Capital, Ripio, Ripple and SPiCE VC.
– The company will add Pedro Teixeira, Co-Head of Morgan Stanley Tactical Value, to its Board of Directors.

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Banking Finance Financial Services FinTech North America

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

– Unit, a banking as a service startup, raised $51m in Series B funding.
– The round was led by Accel and joined by Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners.
– The company plans to use the funding to expand its team and product offerings.

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Finance FinTech North America Small and Medium Businesses

Guideline Raises $200M in Funding Led by General Atlantic to Fuel Growth of Comprehensive Retirement Plan Solutions

– Guideline, a leading provider of easy, affordable retirement plan solutions for small-and-medium-sized businesses (SMBs), announced it has raised $200M in new funding led by General Atlantic, a leading global growth equity firm.
– Existing investors Generation Investment Management, Greyhound Capital, Felicis Ventures, Propel Ventures and others also participated.
– Guideline plans to use the funds to further scale its offering of full-service 401(k) plans, as well as introduce new retirement plan solution products.
– Founded in 2015 by CEO, Kevin Busque, CPO, Jeremy Caballero, and CTO, Mike Nelson, Guideline’s mission is to help everyone arrive at a safe, secure retirement, whether they are a small business owner, an employee or are self-employed.

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E-Commerce Finance FinTech Payments Western Europe

Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

– European fintech giant Klarna raised $639m funding.
– The round was led by SoftBank’s Vision Fund 2 and joined by existing investors Adit Ventures, Honeycomb Asset Management and WestCap Group.
– The company has a post-money valuation of $45.6 billion.
– It plans to use the new capital to continue to grow in the U.S. and globally.

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