For this week’s transactions and investment deals, we bring you a range of funding rounds from investment, fintech, crypto, blockchain, financial service, payments and risk and compliance software companies.
NightDragon Closes $750M (€632m) Growth Fund as Part of Next-Generation Cybersecurity, Safety, Security and Privacy Platform (Cision PR Newswire)
NightDragon (San Francisco, CA, US) , an investments and advisory services company, today announced the close of NightDragon Growth I, a new $750 million (€632m) venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity, safety, security and privacy industry. The fund will aim to advance the industry and close the gap between offense and defense amidst today’s aggressive threat landscape. Read more.
India’s BharatPe valued at $2.85 billion (€2.4b) in Tiger Global-led $370 million (€312m) funding (Techcrunch)
BharatPe (New Delhi), Indian fintech startup has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as several high-profile global investors double down in the South Asian market. Read more.
Fireblocks goes double Unicorn after mega $310M (€261m) Series D (Geektime)
Fireblocks (New York, NY, US), a crypto Unicorn, Fireblocks, startup ecosystem capital funding party, has secured $310 million (€261m) in Series D funding at a $2.2 billion (€1.85b) valuation. This Israeli startup has raised nearly half of a billion dollars in under a year. Read more.
Rapyd raises USD 300M (€252m) Series E (The Paypers)
Rapyd (London, UK),a global Fintech-as-a-Service company has raised a USD 300 million (€252m) Series E funding round led by Target Global. Rapyd plans to use the funding to make several more strategic acquisitions to both support expansion in key markets and grow payment products and experiences. Read more.
Bank of America, Coinbase Ventures Invested in Paxos’ $300M (€252m) Funding Round (Coindesk)
Paxos (New York, NY, US) , a provider of blockchain infrastructure, had Bank of America, crypto exchange FTX, Founders Fund and Coinbase Ventures among a heavyweight list of investors in its $300 million (€252m) Series D funding round, which was disclosed on Thursday. Read more.
Vietnam fintech VNLife raises US$250m (€210m) from investors including GIC, EDBI (The BusinessTimes)
VNLife Corp, the parent company of fintech firm VNPay (Lang Ha, Hanoi, VN) a financial services company, had raised US$250 million (€210m) in a funding round led by General Atlantic and Dragoneer Investment Group and included SoftBank Vision Fund 1.The Vietnam-based company has now raised its valuation to above US$1 billion (€841.5m), according to a source close to the deal. Read more.
Chilean fintech Xepelin secures $230M (€194m) in debt and equity from Kaszek, high-profile angels (Techcrunch)
Chilean startup Xepelin (Avenida El Bosque, Las Condes), which has created a financial services platform for SMEs in Latin America, has secured $30 (€25m) million in equity and $200 million (€169m) in credit facilities. Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time. Read more.
Figure Technologies closes $200m (€169m) Series D funding round (FintechFutures )
Blockchain technology firm Figure (San Francisco, CA, US) has closed a $200 million (€169m) Series D funding round led by 10T Holdings and Morgan Creek Digital. This investment is going to give this company the resources it needs to further fuel the leveraging blockchain to reinvent the financial services industry. Read more.
Airtel Africa scoops another $200m (€169m) for mobile money business (Finextra)
Airtel Africa‘s (Nairobi, Kenya) mobile money business has received its third big investment of the year, scooping up $200 million (€169m) from an affiliate of Qatar’s sovereign wealth fund.Read more.
LogicGate secures $113m (€95m) in Series C funding round (FintechFutures )
Risk and compliance software provider LogicGate (Chicago, IL, US) has raised $113 million (€95m) in a Series C funding round. The round was led by US growth equity firm PSG with participation from exiting investor Greenspring Associates. It takes the company’s total raised to around $156 million (€131m) since its seed round in 2016. Read more.
South Africa’s Yoco raises $83 million (€79m) to grow SME payments platform (Finextra)
Yoco (Cape Town, Western Cape), South African payments and software platform, has secured $83 million (€79m) in Series C funding amid a surge in demand for digital payments amongst African small businesses. Claimed as the largest single investment raised by a payments company in South Africa. Read more.
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