Find out the latest deals and transactions from fintech! Topics of interest for this week include: real estate technology, mobile money, scaling solutions, cryptocurrency, payment solutions, expense management, accounting, blockchain, credit cards and more! Dive into the investments and discover the most relevant names from the industry. Happy reading!
PropTech FinTech HomeLight Nets 363M USD (€307.2m), Ups Valuation To 1.6B USD (€1.35b)
HomeLight (San-Francisco, CA, US), a real estate technology platform, announced a new $363 million (€307.2m) round of funding. The round includes $100 million (€84.6m) of Series D equity and $263 million (€222.6m) in debt financing, according to the company. Read more.
Sequoia Heritage, Stripe and others invest $200M (€169m) in African fintech Wave at $1.7B (€1.44b) valuation
Offchain Labs Raises $120M (€101.5m) in Funding
Offchain Labs (New York, NYC, US), a provider of scaling solutions for Ethereum, raised $120M (€101.5m) in Series B funding. The company will use the new funding to scale the team, further develop the Arbitrum One ecosystem, build out new scaling solutions in its pipeline and invest in R&D. Read more.
Egyptian Fintech MNT-Halan Attracts Circa US$120 (€101.5m) Million From Global Investors
MNT-Halan (Giza, Egypt), a fintech ecosystem which connects consumers, vendors and micro-enterprises through a digital platform and payment solutions, receives US$120 (€101.5m) Funding . The company aims to drive further innovation in its technology and product development, scale to tens of millions of customers, and expand cross-border. Read more.
Clicklease Raises $63M (€53.3m) in Series A Funding
Clicklease (Salt Lake City, UT, US), a fintech company providing payment solutions in the commercial equipment space, raised $63m (€53.3m) in Series A funding. The company intends to use the funds to accelerate investment in technology, expand the team and improve the products to create the best experience for customers and its equipment selling partners. Read more.
Jeeves Raises $57M (€48.2m) in Series B funding; at $500M (€423m) Valuation
Jeeves (New York, NYC, US), an expense management platform for global startups, raised $57M (€48.2m) in Series B funding at a $500M (€423m) valuation. The company intends to use the funds to accelerate its launch in Colombia, UK, Europe; scale its proprietary infrastructure to cover more currencies; acquire new talent and accelerate the onboarding of new companies to the platform. Read more.
Vic.ai Raises $50M (€42.3m) in Series B Funding
Vic.ai (New York, NY, US), an AI platform for autonomous accounting and financial intelligence, raised $50M (€42.3m) in Series B funding. The company intends to use the funds to expand its enterprise offering and release additional AI capabilities for U.S. and European customers. Read more.
Simba Chain Raises $25M (€21.1m) in Series A Funding
Simba Chain (South Bend, Ind.), a technology company focused on blockchain app development, closed a $25m (€21.1m) Series A funding. The company intends to use the funds to scale sales, marketing, and development, and to dedicate resources to enterprise level opportunities such as non-fungible tokens. Read more.
Jetty raises $23M (€19.4m) to help give renters more payment flexibility
Jetty (New York, NY, US), a fintech company which aims to give renters flexibility when paying rent, has raised $23 million (€19.4m) in a funding round. The financing brings Jetty’s total raised since its 2016 inception to $78 million (€66m). Read more.
Mooncard Raises €20M (€16.9m) in Funding
Mooncard (Paris, France), a provider of smart corporate card and expense report management solutions, raised €20M (€16.9m) in funding. The company intends to use the funds to expand into 5 top European countries within 12 months, to add another 100 new team members by the end of 2022, and to develop new solutions and smart digital features. Read more.
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