Many more deals and transactions from fintech this week! This week’s prominent fundings are shared by multiple sectors, including NFT, trading, fintech, investment, open-banking, savings, mining and more! Enjoy reading!
Fantasy soccer NFT platform Sorare scores $680 million (€579.4m) raise led by SoftBank
Sorare (Paris, France), a soccer-focused NFT trading platform, has announced a $680 million (€579.4m) Series B fundraise led by SoftBank. Sorare lets fans trade non-fungible token (NFT) trading cards of superstar players like Cristiano Ronaldo and Antoine Griezmann, which are underpinned by the Ethereum blockchain. Read more.
Airwallex Raised US$200M (€170.4m) in Series E Funding
Airwallex (San Francisco, CA, US), a fintech platform, raised US$200M (€170.4m) in Series E funding. The company intends to use the funds to accelerate global expansion and the development of new products and services across its five engineering hubs, grow its sales and commercial teams and increase its breadth of offerings for SMEs and larger enterprises operating in the digital economy. Read more.
3TS Capital Partners Holds First Closing of Fund IV
3TS Capital Partners (Vienna, Austria), a European technology-focused growth capital investor, held the first closing of its Fund IV with a target size of €150m. The new investment vehicle will continue 3TS’ mission of backing rapidly growing technology companies, across software, tech-enabled services, and e-commerce sectors, by leading investment rounds of €5-20m. Read more.
TrueLayer nabs $130M (€110.7m) at a $1B+ valuation as open banking rises as a viable option to card networks
TrueLayer (London, UK), which provides technology for developers to enable a range of open-banking-based services has raised $130 million (€110.7m) in a funding round that values the London-based startup at over $1 billion. The vast majority of transactions in the world today are still made using card rails or more antiquated banking infrastructure, but the opportunity with open banking is to build a completely new infrastructure that works more efficiently and might come with less (or no) fees for those using it, with the perennial API promise: all by way of a few lines of code. Read more.
Pacaso Raises $125M (€106.5m) in Series C Funding
Pacaso (San Francisco, CA, US), a real estate platform for people to buy and co-own a second home, raised $125m (€106.5m) in Series C funding. Additionally, Pacaso is announcing that it will commence European expansion in Spain by the end of the year. The company is actively recruiting a dedicated local team to support global efforts, and plans to expand swiftly into other European markets. Read more.
Neo Financial Raises $64M (€54.5m) in Series B Funding
Neo Financial (Calgary, AB and Winnipeg MB), a financial technology company, raised $64m (€54.5m) in Series B funding. The company intends to use the funds to continue to grow its team from both Calgary and Winnipeg, hiring for over 100 roles in software development and engineering, product, design, operations, and more. Read more.
Measurabl Raises $50M (€42.6m) in Series C Funding
Measurabl (San Diego, CA, US), an ESG (environmental, social, governance) technology platform for real estate, closed a $50m (€42.6m) Series C funding round. The company intends to use the funds to accelerate the expansion of its platform and support the launch of new services. Read more.
Self Financial Raises $50M (€42.6m) in Series E Funding
Self Financial (Austin, Texas, US), a fintech company that enables consumers to build credit and savings, raised $50m (€42.6m) in Series E financing. The company intends to use the funds to further scale the business to make building credit accessible for Americans. Read more.
Open Mineral Raises $33M (€28.1m) in Series C Funding
Open Mineral (Zug, Switzerland), a mining technology company, raised $33m (€28.1m) in Series C funding. The company intends to use the funds to continue to accelerate its growth, solidify its physical supply chain merchant activities, and advance its position in digitizing metal raw material trading. Read more.
BOTS raises €13 million funding
BOTS (Haarlem, State, Netherlands), an investment app, closes its Series A round with EUR 13 million funding from Amsterdam-based venture capitalist Airbridge Equity Partners and a group of informal investors. BOTS, which has grown very rapidly since its launch 14 months ago, has raised a total of EUR 25 million from investors since its foundation in 2018. Read more.
Do you have any news to share: please put firstname.lastname@example.org on your press list.
Curious to read and find out more from fintech? Then subscribe & read our full newsletters here: https://hollandfintech.com/featured/newsletters/. In order to see our other weekly highlights, check out the following links: analysis & opinion, research.