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Payments</a></div><div class="item"> <a href="/news/fundraising-news/minu-raises-us30-million-series-b">minu Raises US$30 Million in Series B</a></div><div class="item"> <a href="/news/payments/klarna-launch-google-pay">Klarna To Launch On Google Pay </a></div><div class="item"> <a href="/news/fundraising-news/modifi-secures-strategic-investment-smbc-asia-rising-fund">MODIFI Secures Strategic Investment from SMBC Asia Rising Fund</a></div><div class="item"> <a href="/news/fundraising-news/lean-technologies-secures-675m-series-b-funding-led-general-catalyst">Lean Technologies Secures $67.5M in Series B Funding Led by General Catalyst</a></div><div class="item"> <a href="/news/artificial-intelligence/gft-taps-nvidia-ai-enterprise-and-nvidia-omniverse-platforms-deliver-ai">GFT Taps NVIDIA AI Enterprise and NVIDIA Omniverse Platforms to Deliver AI Solutions for Financial Services and Manufacturing</a></div><div class="item"> <a href="/news/fundraising-news/prodigy-finance-secures-additional-310-million-empower-international-masters">Prodigy Finance Secures an Additional $310 Million to Empower International Master’s Students in Pursuit of Global Education</a></div><div class="item"> <a href="/news/trading-systems/ant-international-leverages-ai-streamline-and-secure-cross-border-transactions">Ant International Leverages AI to Streamline and Secure Cross-Border Transactions for SMEs Worldwide</a></div><div class="item"> <a href="/news/islamic-finance/bca-syariah-partners-thought-machine-modernise-islamic-finance-indonesia">BCA Syariah Partners with Thought Machine to Modernise Islamic Finance in Indonesia</a></div></div></div></div></div><div class="home-news"><div class="container"><div class="row row-m"></div><div class="row row-m"><div class="col-sm-8 col-p main-content"><div class="theiaStickySidebar"><div class="post-inner"><div class="post-head"><h2 class="title"><strong>Fundraising News</strong></h2></div><div class="view view-news view-id-news view-display-id-page_2 view-dom-id-08716981e981795d29b78dc78bceef13"><div class="post-body"><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/paymob-extends-series-b-usd-72-million-it-maintains-profitable-growth-its-core" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/paymob_5.png?itok=c7He2OCR" alt="Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth in Its Core Market" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/paymob-extends-series-b-usd-72-million-it-maintains-profitable-growth-its-core" class="title">Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth in Its Core Market</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 2 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round - taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming their endorsement of Paymob’s business model, strategy and leadership in... more</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/finally-raises-200m-series-b-50m-equity-and-150m-credit-facility" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/finally_0.png?itok=bw4bzrMl" alt="finally Raises $200M Series B with $50M Equity and $150M Credit Facility" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/finally-raises-200m-series-b-50m-equity-and-150m-credit-facility" class="title">finally Raises $200M Series B with $50M Equity and $150M Credit Facility</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">The AI-powered, all-in-one finance and HR suite, finally, today announced that it has closed a $50M Series B from PeakSpan Capital and $150M credit facility from Encina. The new capital follows the company’s $95M Series A in 2022 and additional $10M capital injection in February of this year, bringing total funds to date to $305M. Since its Series A, finally has shown annual revenue growth of 300%.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/outward-vc-raises-ps51m-first-close-fund-ii-help-early-stage-founders" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/outward_0.png?itok=DqOEBLpZ" alt="Outward VC Raises £51M in First Close of Fund II to Help Early-Stage Founders Breakthrough" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/outward-vc-raises-ps51m-first-close-fund-ii-help-early-stage-founders" class="title">Outward VC Raises £51M in First Close of Fund II to Help Early-Stage Founders Breakthrough</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">London-based investment firm Outward VC has announced the first closing at £51m of its Fund II. The fund has received a cornerstone investment of £30m from the British Business Bank, which is deploying capital through its Enterprise Capital Funds programme, which has a strong track record in backing emerging, UK-based Venture Capital fund managers. A wide range of private investors are also participating in the fund.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/form3-successfully-completes-60m-series-c-extension-new-investment-british" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/form3_19.png?itok=kgafoY5g" alt="Form3 Successfully Completes $60M Series C Extension, with New Investment from British Patient Capital and Existing Shareholders" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/form3-successfully-completes-60m-series-c-extension-new-investment-british" class="title">Form3 Successfully Completes $60M Series C Extension, with New Investment from British Patient Capital and Existing Shareholders</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Form3, the cloud-native account-to-account platform, today announces a new investor, British Patient Capital. Alongside existing strategic and financial investors including Visa, Form3 has now raised a total of $60m in C-series extension funding to continue its growth journey. This funding will enable Form3 to develop new products and services to help support exponential growth in key markets such as the UK, Europe and the US.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/versana-closes-26-million-barclays-invests-its-centralized-real-time-digital" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/versana.png?itok=fiajObri" alt="Versana Closes $26 Million; Barclays Invests in Its Centralized, Real-Time Digital Data Platform" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/versana-closes-26-million-barclays-invests-its-centralized-real-time-digital" class="title">Versana Closes $26 Million; Barclays Invests in Its Centralized, Real-Time Digital Data Platform</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana's next-... more</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/pastpay-secures-eu12-million-series-largest-b2b-bnpl-cee-accelerate" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/pastpay.png?itok=OaGlBYBR" alt="PastPay Secures €12 Million Series A, the Largest for a B2B BNPL in CEE to Accelerate Transactions Across Europe" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/pastpay-secures-eu12-million-series-largest-b2b-bnpl-cee-accelerate" class="title">PastPay Secures €12 Million Series A, the Largest for a B2B BNPL in CEE to Accelerate Transactions Across Europe</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">PastPay, a provider of B2B payment solutions, has announced a €12 million Series A funding round led by Platina Capital in collaboration with several leading financial institutions and high-profile private investors. PastPay’s mission is to provide innovative B2B payment solutions, enabling flexible payment terms for business transactions.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/yup-nubank-southeast-asia-secured-us30-million-series-b-funding" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/yup.png?itok=QGnjk53E" alt="YUP, the "Nubank" from Southeast Asia, Secured US$30 Million in Series B Funding" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/yup-nubank-southeast-asia-secured-us30-million-series-b-funding" class="title">YUP, the "Nubank" from Southeast Asia, Secured US$30 Million in Series B Funding</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">YUP, the credit payment platform established by Singaporean startup Finture, has successfully raised US$30 million in its Series B funding round. The round was led by Hong Kong-based venture capital firm MindWorks Capital, with participation from XVC, SWC Global, Richen Pioneer, and Antao Capital. The funds will support market expansion in Southeast Asia and preparation for acquiring a banking license in Indonesia. </p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/achieve-closes-2633-million-aaa-rated-personal-loan-securitization" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/achieve_1.png?itok=0i873vWB" alt="Achieve Closes $263.3 Million, AAA-Rated Personal Loan Securitization" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/achieve-closes-2633-million-aaa-rated-personal-loan-securitization" class="title">Achieve Closes $263.3 Million, AAA-Rated Personal Loan Securitization</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/bank-london-raises-gbp-42-million-over-subscribed-funding-round" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/the_bank_of_london_0.png?itok=fvYe_o_Q" alt="The Bank of London Raises GBP 42 Million in Over-Subscribed Funding Round" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/bank-london-raises-gbp-42-million-over-subscribed-funding-round" class="title">The Bank of London Raises GBP 42 Million in Over-Subscribed Funding Round</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">The Bank of London, the UK’s newest clearing bank and one of only six established in the last 250 years, is pleased to announce that it raised £42 million during August in an over-subscribed funding round led by Mangrove Capital Partners. This announcement comes shortly after the appointment of Stephen Bell as Chief Executive Officer, and the increased funding will position the bank for its next phase of growth in its core UK market.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/drip-capital-secures-113m-new-funding-accelerate-growth" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/drip.png?itok=vgW3TiYB" alt="Drip Capital Secures $113M in New Funding to Accelerate Growth" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/drip-capital-secures-113m-new-funding-accelerate-growth" class="title">Drip Capital Secures $113M in New Funding to Accelerate Growth</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC) and $90 million in debt financing led by the International Finance Corporation (IFC) and East West Bank.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/kompasbank-raises-eur-55-million" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/kompasbank_0.png?itok=FlMpGWr7" alt="kompasbank Raises EUR 5.5 Million" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/kompasbank-raises-eur-55-million" class="title">kompasbank Raises EUR 5.5 Million</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Investors continue supporting kompasbank’s growth journey, contributing an additional EUR 5.5 million to the digital business bank. This capital injection aims to accelerate the growth of the Danish bank’s lending portfolio and the expansion of its products and services to become a full-service bank.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/sedric-ai-raises-185-million-series-empower-financial-institutions-ai-based" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/sedric.png?itok=U-bUENHQ" alt="Sedric AI Raises $18.5 Million Series A to Empower Financial Institutions with an AI-Based Compliance Platform" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/sedric-ai-raises-185-million-series-empower-financial-institutions-ai-based" class="title">Sedric AI Raises $18.5 Million Series A to Empower Financial Institutions with an AI-Based Compliance Platform</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Sedric AI, (“Sedric”), the pioneering compliance-dedicated AI platform for financial institutions, today announced it has closed a $18.5 million Series A funding round to further its efforts to transform compliance operations across the industry. The latest funding round, led by Foundation Capital with participation from Amex Ventures and existing investors including StageOne Ventures and The Garage, brings the total amount raised by the... more</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/approveit-receives-1-million-investment-further-its-goal" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/approveit.png?itok=jWuhfdt_" alt="Approveit Receives $1 Million Investment to Further Its Goal" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/approveit-receives-1-million-investment-further-its-goal" class="title">Approveit Receives $1 Million Investment to Further Its Goal</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Approveit, an operations and automation platform for businesses, is thrilled to announce the successful completion of a $1M deal with technology investors, including 10vc, Verras Capital, Telegraph Hills Capital and many others partners and angel investors. The platform seamlessly integrates the company's existing messengers and task managers for transparency and control over finances, auditing, reporting and other business processes, reducing... more</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/paypal-ventures-leads-umes-15-million-series-funding-round" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/ume_0.png?itok=wWhqLjzQ" alt="PayPal Ventures Leads Ume’s $15 Million Series A Funding Round" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/paypal-ventures-leads-umes-15-million-series-funding-round" class="title">PayPal Ventures Leads Ume’s $15 Million Series A Funding Round</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 3 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">Ume, a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, today announced it has raised $ 15 million in Series A equity funding. The round was led by PayPal Ventures, with participation from NFX, Globo Ventures, Clocktower Ventures, Big Bets, FJ Labs, Endeavor and Norte Ventures. Ume has also raised a USD $20 million FIDC debt facility from Verde, Wersten Asset, Itaú, Credit Saison and Milenio.</p></div></div><div class="news-list-item articles-list"><div class="img-wrapper"> <a href="/news/fundraising-news/omnisient-secures-75-million-investment-arise" class="thumb"><img src="/sites/default/files/styles/218x150canv/public/omnisient.png?itok=N3NSbWOJ" alt="Omnisient Secures $7.5 Million Investment from Arise" class="img-responsive"></a></div><div class="post-info-2"><h4><a href="/news/fundraising-news/omnisient-secures-75-million-investment-arise" class="title">Omnisient Secures $7.5 Million Investment from Arise</a></h4><ul class="authar-info"><li><i class="fa fa-clock-o"></i> <span class="date-display-interval"><em class="placeholder">2 months 4 weeks</em> ago</span></li><li> <i class="ti-tag"></i> <a href="/news/1707">Fundraising News</a></li></ul><p class="hidden-sm">South African fintech start-up Omnisient has received a $7.5 million investment from Arise, 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