Tag: Investment & Funding

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Saudi business lending marketplace Lendo gears up for IPO with $28m Series B

Funding Round Success: Lendo, a Saudi-based business lending marketplace, has secured $28 million in a Series B funding round led by Sanabil Investments,...

SumUp bags €285m in latest funding round to fuel expansion plans

SumUp secures €285 million in fresh funding for international growth and expanding payment services for SMEs. Sixth Street Growth leads the funding round,...

Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs

Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...

Elemi Bank applies to FDIC and seeks $25m in capital to launch corporate offering

Elemi Bank, a new US banking challenger, is progressing towards launch with a recent filing with the FDIC. Based in Burbank, California, Elemi...

Germany’s Scalable Capital secures $65m in Series E extension

Scalable Capital raises $65 million in a Series E extension round. Led by Balderton Capital, with participation from HV Capital’s new growth fund...

Canadian fintech Koho bags $63m funding at unchanged valuation

Funding Round: Canadian fintech Koho raises $63 million (CAD 86 million) in fresh funding. Valuation Unchanged: The funding maintains the firm's valuation at $589 million...