Venture capital
News
FinTech deals total $602m across 14 rounds in the week
FinTech Global counted $602m raised in 14 deals this week, up slightly from $454.4m across 12 deals the previous week. Three rounds topped $100m: Imprint at $130m, Clara at $105m and Databento at $100m. The US led by deal count with six.
Griffin, a London bank, secures $20 million Series B to push into stablecoin payments
Griffin, a bank based in London, has closed a $20 million Series B led by Octagon Partners. The deal puts its valuation above $100 million. The company plans to use the new capital to move into stablecoin payments.
Clara closes $105m round to expand its AI-driven spend tools in LatAm
Latin American spend management company Clara has secured $105m to scale its AI-powered platform in the region. The source text does not name the backers or explain how the money will be deployed.
Course Corrected closes €80M Fund II for European energy and resource transition startups
Course Corrected has reached the final close of its second fund at €80 million.
Vine Ventures closes $236M Fund III for US and Israeli startups, above its $200M target
Vine Ventures has closed its third fund at $236 million, above the $200 million it set out to raise.
Monzo reportedly in talks to raise up to £500m at about £7bn valuation
UK digital bank Monzo is reportedly negotiating a raise of £300m to £500m at a valuation of around £7bn. The talks come weeks after discussions about a possible takeover apparently fell through.
Redalpine closes $250M Fund VIII, its largest to date
Redalpine has held the final close of Redalpine Capital VIII (RAC VIII) at $250 million.
Europe's fintech Series B and C deal count drops by close to half
Fewer European fintechs are closing Series B and C financings than a year ago, with the count down by nearly 50%. Investors are channelling capital into a small group of leading companies rather than spreading it widely, the report says.
Abu Dhabi payments firm enza lands US$6.75M in first outside funding
enza, headquartered in Abu Dhabi, brought in US$6.75 million in seed funding, with Algebra Ventures and Quona Capital leading together. It marks the company's debut external raise. enza provides banks and fintechs across Africa with payment products adapted to each market, such as cards, wallets and instant payments.
Monzo is reported to be exploring a venture round at about £7.5B
The Financial Times reported on Thursday that Monzo is considering a funding round that would value the UK digital bank at about £7.5 billion, or roughly $10.1…
Podcasts
Doing VC in Italy with Lucrezia Lucotti (Episode 39)
In this episode, I sit down with Lucrezia Lucotti, partner at 360 Capital.
Episode 35 - Nik Talreja
In this episode, I sit down with Nik Talreja, CEO and founder at Sydecar.
Episode 33 - Ashish Aggarwal
In this episode, I sit down with Ashish Aggarwal, partner at PayPal Ventures.
Episode 30 - Nikolay Seleznev
In this episode, I sit down with Nikolay Seleznev, Co-Founder of Uzum.
Episode 29 - Victor Orlovski
In this episode, I sit down with Victor Orlovski, Managing Partner at R136 Ventures.
Episode 27 - Mark Beeston and Alexander Ross
In this episode, I sit down with Mark Beeston and Alexander Ross, founder and general partner at Illuminate financial.
Episode 26 - Benjamin Deplus
In this episode, I sit down with Benjamin Deplus, Partner at BREEGA.
Episode 20 - Kostantin Stiskin
In this episode, I sit down with Kostantin Stiskin, CEO and founder of Finom.
Episode 16 - Anne-Sybill Pradelles from Formance
In this episode, I sit down with Anne-Sybill Predelles, co-founder of Formance.
Episode 15 - Miguel Armaza
In this episode, I sit down with Miguel Armaza, founder at Gilgamesh Ventures.
Companies
4 licensed companies linked to this topic
Products
- Clara · Clara · Provided by the company
Corporate credit cards and spend management for companies in Latin America
- Databento · Databento · Provided by the company
Real-time and historical market data APIs with one integration
- Griffin · Griffin · Provided by the company
UK bank offering banking-as-a-service via API
- Helicap · Helicap · Provided by the company
Private credit investment platform for Asia
- Imprint · Imprint · Provided by the company
Co-branded credit cards and financial products for brands
- Pliant · Pliant · Provided by the company
Business credit cards, payment apps and card-issuing APIs
Funding rounds
$65M
CitiusLead, DEGLead, KaszekLead, Acrew Capital, Citi Ventures, CMT Digital, Coatue, Commerce Ventures, DST Global Partners, Gaingels, General Catalyst, Mana Ventures, Michael Gilroy, Monashees, Nascent VC, Notable Capital
$6.8M