Day: 12 November 2020

FinTech

Monely (t/a Ilumoni) secures £340k Pre-Seed investment led by Move

AI Fintech startup ilumoni raises $450,000 to transform borrowing behaviours, help people repay debts faster and improve financial wellbeing Yorkshire, Thursday 12th November 2020: ilumoni, the fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised $450,000 pre-seed investment backed by Move Ventures (formed by the founders […]Read More

Telcom

Infobip acquires OpenMarket

Infobip to acquire OpenMarket, creating a leading cloud communications player with unparalleled global reach  Accelerates Infobip’s path to more than $1 billion in run rate revenue Combination creates a cloud communications player with unparalleled global reach, enabling more than 14 billion customer interactions every month New Jersey, USA & Vodnjan, Istria, CROATIA – 16 November 2020: Infobip, […]Read More

Original

Clim8 Invest secures £2.4 million Seed Follow On investment via

Clim8 smashes target for latest funding campaign by 600%  Total raised now £4.4 million  Clim8 Invest exceeds funding target to secure a further £2.4m, as focus on climate change increases  Over 10,000 people on the waitlist ahead of public launch of digital investment platform Clim8’s sustainable balanced investment portfolio would have achieved a 16% return […]Read More

RetailTech

Product Guru secures £330k Seed investment led by Scotmid Coop

Cash injection for online platform that simplifies how retailers find challenger FMCG brands Online product discovery platform, Product Guru, has secured funds of £330,000 to disrupt the traditional retail buying process by re-inventing how products end up on shelves. The investment of £230,000 from Scotmid Coop and Techstart VC, with a further £100,000 funding from […]Read More

North East

Paid secures £2.2 million Seed investment led by Crane

Paid Gets £2.2M Seed Funding to Upgrade Enterprise Procurement Process  Procurement costs for enterprises can range between 2-10% of revenue, costing billions each year Paid’s procurement automation platform provides up to 10x time savings for enterprise procurement teams, up to 75% cost reductions, and trims supplier onboarding time from months to minutes  To reach more […]Read More

Greater London

Railsbank Technology secures £28 million Series A Follow On investment

Railsbank raises USD37 million growth funding co-led by MiddleGame Ventures and Ventura Capital Anthos Capital, Global Brains, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr are also participating. The new investment will enable Railsbank to continue to be the global leader in Banking as a Service through the launch of Credit Cards as a […]Read More