funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

Today in Crypto: FTX Raises $400 Million; Meta Joins Crypto Open Patent Alliance; Coinbase Accepts Two Solana Ecosystem Tokens
Today in Crypto: FTX Raises $400 Million; Meta Joins Crypto Open Patent Alliance; Coinbase Accepts...
January 31, 2022  |  Cryptocurrency

Crypto exchange FTX has raised $400 million in a Series C round, giving it a $32 billion value – more than the Nasdaq exchange or...

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Today in FinTech: Rapyd, Neat Combine for X-Border Trade; Ayoconnect Raises $15M
Today in FinTech: Rapyd, Neat Combine for X-Border Trade; Ayoconnect Raises $15M
January 31, 2022  |  Digital Banking

In today’s FinTech news, FinTech-as-a-Service firm Rapyd snaps up cross-border trade enabling platform Neat to deliver expanded digital services to small- to medium-sized businesses (SMBs)....

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Employee Finance App Circula Raises $13.5M for International Expansion
Employee Finance App Circula Raises $13.5M for International Expansion
January 31, 2022  |  Investments

Germany-based Circula, a Software-as-a-Service (SaaS) company, has raised 12 million euros (about $13.5 million) in a Series A funding round, according to a company blog...

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UK Tech IPOs Rake in $8.8B in 2021 to Set New Record
UK Tech IPOs Rake in $8.8B in 2021 to Set New Record
January 31, 2022  |  IPO

U.K.-based tech IPOs raised a record 6.6 billion pounds ($8.8 billion) in 2021 from initial public offerings (IPOs), data from the London Stock Exchange (LSE)...

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Indonesian FinTech Ayoconnect Gets $15M in Series B Funding
Indonesian FinTech Ayoconnect Gets $15M in Series B Funding
January 31, 2022  |  Investments

Open finance platform Ayoconnect has closed a $15 million Series B funding round and plans to use the money to launch new products and increase...

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Egypt’s eCommerce Platform Brimore Nets $25M for Growth
Egypt’s eCommerce Platform Brimore Nets $25M for Growth
January 31, 2022  |  Investments

Brimore, which calls itself Egypt’s largest social commerce platform, has closed a $25 million Series A funding round, the company announced in a Monday (Jan....

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Pennylane Raises $57M Series B to Expand Business Management Tools
Pennylane Raises $57M Series B to Expand Business Management Tools
January 31, 2022  |  Investments

Accounting and business tools software startup Pennylane raised $57 million (50 million euros) in a Series B funding round led by Sequoia Capital, with participation...

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Investors Move From China’s Consumer Market to “Hard Tech”
Investors Move From China’s Consumer Market to “Hard Tech”
January 31, 2022  |  Investments

Start-up companies in China enjoyed record fundraising levels last year. But where did that money go? As The Financial Times reported Monday (Jan. 31), investments...

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Nigerian FinTech Brokerage App Bamboo Notches $15M Series A
Nigerian FinTech Brokerage App Bamboo Notches $15M Series A
January 31, 2022  |  Investments

Brokerage app Bamboo raised $15 million in a Series A funding round that the Nigerian startup will use to escalate its growth while entering new...

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