Tag: Series B funding

Activity, Investment Banking

US fintech Wahed Invest to receive $50m in Series B funding

June 20, 2022

Via: FinTech Futures

Other investors in the round include footballer Paul Pogba, who has joined Wahed as brand ambassador, and a number of family offices and institutions. The Series B round will support the start-up’s ongoing growth phase, with plans to launch an […]

Activity, Corporate Banking

B2B payments and financing platform Tribal lands $60m Series B to support LatAm expansion

February 7, 2022

Via: FinTech Futures

The round also saw participation from Coinbase Ventures as well as existing investors BECO Capital, QED Investors and Rising Tide. Tribal is a B2B payments and financing platform for emerging markets. It initially launched its beta spend management platform to […]

Activity, Investment Banking

Citi spin-out Proxymity raises $31m in Series B funding round

December 20, 2021

Via: FinTech Futures

Original consortium investors BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, JP Morgan, and State Street all participated in the round. The platform was incubated in Citi and launched in the UK in 2018, following a collaborative pilot partnership with […]

Capital and Risk, Credit

Goldman Sachs leads $45m funding round in auto finance specialist MotoRefi

June 2, 2021

Via: FinTech Futures

MotoRefi works directly with US credit unions and other lending institutions to enable consumers to refinance their auto loans, claiming an average saving for consumers of $100 a month on their car payments. With the new injection of funds, the […]

Activity, Investment Banking

Treasury Prime raises $20m in Series B cash to fuel BaaS expansion

May 18, 2021

Via: FinTech Futures

Deciens Capital and QED Investors co-led the round, which also featured returning backers Susa Venturea and SaaStr Fund. Targeting banks and financial institutions, Treasury Prime offers automation software which aims to streamline back-office workflows. It provides services for payments, automatic […]