OppZo Inc., which calls itself a “mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses,” announced Thursday (June 30) that it had raised $260 million in debt and equity financing. The equity portion totals $5 million and...
Alternative revenue-based funding platform GetAdvantage raised $36 million in equity and debt led by DMI Sparkle Fund and Varanium Nexgen Fintech Fund, with Varanium’s partner Aparajit Bhandarkar joining the GetAdvantage board, according to multiple reports on Thursday (June 30). Returning investors Chiratae Ventures and Dream...
B2B consumer electronics company Arzooo has raised $70 million to scale its business in a $65 billion market, The Economic Times reported Wednesday (June 29). The all-equity round saw participation from Japan’s SBI Holdings, Trifecta Leaders Funds, Celestia Capital, 3 Lines VC and Doordash Founder...
London-based money management solution Cleo has raised 76 million euros ($79 million) in a Series C funding round led by Belgium-based investment company Sofina. Existing investors EQT Ventures, Balderton Capital and others also participated. Founded in 2016, the U.K. startup has developed an AI-powered financial...
Multi-vendor marketplace platform Nautical Commerce announced Wednesday (June 29) that it has raised $30 million in a Series A round led by Drive Capital. The round also saw participation from returning investors Accomplice Ventures and Golden Ventures, according to a company press release. Nautical Commerce...
4Trans, a Czech FinTech specializing in financial productions for supply chain and transportation companies, has raised 18 million euros ($18.8 million) in new funding. As Tech Funding News reported Wednesday (June 29), the funding came from investors that included Atmos, Tera Ventures and Lighthouse, along...
Sharebrite, a food benefits platform, announced Tuesday (June 28) that it has closed a Series B round for $39 million, which it intends to use to add more products to “serve the evolving needs” of modern workplaces. The press release noted that tighter labor force...
Conversion Capital, a New York City-based early-stage venture capital firm, announced Tuesday (June 28) that it has completed raising capital for Fund III, a $122 million fund that will invest in the FinTech sector. The fund’s FinTech investments will focus on companies developing software, cloud...
Online car shopping platform Canada Drives has raised $40 million Canadian dollars (about $31 million) in equity funding from non-prime consumer lender goeasy, according to a Monday (June 27) press release. As part of the funding deal, Canada Drives and goeasy will partner to offer...
