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Yapily raises USD51m in Series B funding, Finance & Insurance

Yapily, an open banking infrastructure provider, has held the first closing of its USD51m Series B funding round (second closing subject to regulatory approvals), taking its total investment to date to USD69 million.  The company will use the funding to expand across Europe, extending open banking to cover 95 per

Sun Capital Partners affiliate acquires Environmental Infrastructure Solutions

An affiliate of Sun Capital Partners (Sun Capital) has completed the acquisition of Environmental Infrastructure Solutions (EIS), a provider of mission-critical environmental and infrastructure services, including abatement, decontamination and remediation, from O2 Investment Partners. Terms of the private transaction have not been disclosed. Founded in 2018 via the combination of

Spendesk raises EUR100m Series C round

Spendesk, an all-in-one spend management platform for finance teams, has raised EUR100 million in Series C funding led by global growth equity firm General Atlantic.  All previous investors, including Index Ventures and Eight Roads Ventures, also participated in this round, bringing Spendesk’s total funding to EUR160 million. With the additional

FTX Trading Ltd closes USD900m Series B round

FTX Trading (FTX.COM), the owner and operator of the FTX.COM cryptocurrency exchange, has closed a USD900 million Series B fundraise, valuing the Company at USD18 billion.  This new financing round will expand FTX’s global presence, accelerate the Company’s growth, and represents one of the largest raises for a crypto company.

Vestwell raises USD70m in Series C funding

Vestwell, a specialist in workplace savings and investing programmes, has raised USD70 million in a Series C financing round led by Wells Fargo Strategic Capital and Fin Venture Capital. A host of other financial services and fintech leaders also participated, including Goldman Sachs, Morgan Stanley, Manulife, Point72, Nationwide Ventures, Allianz

Hazeltree and Lionpoint partner

Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, has formed a strategic alliance with Lionpoint Group, a global consulting firm for digital transformation in the alternative investments industry. Working with Hazeltree, Lionpoint officially launched its Treasury Management practice, focusing on private capital markets, including

Demand Science acquires Airborne App

Demand Science, a global revenue intelligence platform that drives growth for hundreds of the world’s largest software, technology, and B2B services companies, has acquired Airborne App.  Founded by Lee Gladish and Michael Morckos, Airborne is a Toronto-based sales engagement and enablement software platform. The acquisition is Demand Science’s sixth since

Align Capital Partners sells Alliance Technical Group

Align Capital Partners (ACP) has sold its environmental testing and compliance platform Alliance Technical Group (Alliance) to Morgan Stanley Capital Partners (MSCP).  Alliance is a leading provider of source testing, emissions monitoring and analytical services to customers throughout the United States.  Since ACP’s initial 2016 investment, the Company has achieved

LeapFrog leads USD75m investment round in Indian digital health platform HealthifyMe

LeapFrog Investments, a Profit with Purpose investment firm, has invested USD30 million in India’s leading health and wellness app, HealthifyMe. As the lead investor in a USD75 million Series C round, which includes Khosla Ventures and several existing investors, LeapFrog has acquired a significant minority stake in the healthtech company.

Worldr raises USD3m in seed funding

Worldr, the developer of a communications and messaging platform built around privacy, security and data protection in team communication without compromising usability, has secured USD3 million in seed investment from some of the biggest names in deep tech, defence and finance as it heads into public launch later this year.

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