FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

Finite State fetches $30m to secure connected devices in the global supply chain industry

Columbus OH-based connected device security company Finite State raised $30m in Series B funding led by Energize Ventures and with participation from Schneider Electric Ventures and Merlin Ventures.

Cybersecurity startup Nozomi Networks nets $100m in pre-IPO funding to protect critical infrastructure

Nozomi Networks, a San Francisco-based industrial cybersecurity startup, raised $100m in pre-initial public listing (IPO) funding.

Threat detection firm Venari Security pulls in £4.2m Series A

London-based Venari Security has raised £4.2m from a Series A funding round that included a number of high-profile cybersecurity backers.

Ex Virgin Money chief-founded FinTech Snoop hauls in $20m to fuel expansion

UK-based FCA-regulated money management app Snoop raised £15m ($20.87m) in Series A funding round to support global expansion.

Ritmo bags €13.8m seed funding to scale into new markets

Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.

Mexican PayTech Yaydoo to simplify B2B payments after banking $20m in fresh funding

Mexico City-based B2B software and payments company Yaydoo closed a $20.4m in a Series A round co-led by Base10 Partners and monashees.

LatAm’s Xepelin reels in $230m in debt equity from Kaszek and Tiger Global, Clara...

Chilean FinTech that provides an online financial services platform for SMBs Xepelin raised $30m in equity and $200m in credit facilities led by Kaszek Ventures with participation from DST Global.

African neobank Kuda inks $55m at a $500m valuation to take on incumbents

London-based, Nigerian-operating startup Kuda closed a $55m Series B co-led by Valar Ventures and Target Global at a valuation of $500m.

Card issuing platform for developers Lithic valued at $800m with Stripes-led Series C

NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.

News Stories

ComplyAdvantage, McKinsey execs bet on UK-based cybersecurity startup in pre-seed round, a London-based cybersecurity SaaS startup, raised £640,000 in a pre-seed funding round.

Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...

Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

FinTech VC Element snares $130m for B2B fund

UK firm Element Ventures has secured $130m in financial backing for its business-to-business (B2B) FinTech-focused venture capital business.

Advanced Fraud Solutions releases new account validation tool

Deposit fraud detection software developer Advanced Fraud Solutions has released a new account validation tool for financial institutions.

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