The largest this week:
🇬🇧 Revenue-based financing provider Bloom has raised a £300m Series A led by Credo Capital and Fortress Investment Group. It is now one of the most funded companies in the space, looking to challenge Wayflyer, Capchase and Clearco. An overview of 40+ revenue-based financing startups.
🇺🇸 Blockchain scaling company StarkWare Industries $100M at a valuation of $8B. The new capital came just six months after the unicorn closed a $50M Series C, quadrupling its valuation from $2B to $8B. The round was led by Greenoaks Capital and Coatue. Tiger Global participated, as did other new and existing investors that were not disclosed. Discover more on blockchain scaling solutions.
🇲🇽 Nowports, an automated digital freight forwarder in Latin America, has raised a $150M Series C at a $1.1B valuation. Nowports has in time expanded its financial offerings and now also automates insurance policies for, and provides inventory financing, to its clients. Discover more on the rise of Embedded Finance.
🦄 Babel Finance, the world's leading wholesale crypto financial services provider, has raised an $80M Series B at a valuation of $2B. Babel Finance is one of the largest service providers to institutions in the crypto financial markets. The company limits its business to BTC, ETH and stablecoins, and serves a select clientele of about 500 customers.
Other notable fintech deals from around the globe:
🇬🇧 Tred, a UK startup building a carbon tracking debit card and app, has reached its initial £600k crowdfunding target within 10 minutes of going live on Crowdcube.
An overview of 300+ finance for good startups.
🇩🇪 B2B buy now, pay later (BNPL) company Mondu has raised a $43M Series A led by US-based VC Valar Ventures and will use the funding to expand into more European countries later this year. Mondu’s BNPL for B2B solutions for merchants and marketplaces offers the main payment B2B payment options and flexible payment terms. Discover 190+ BNPL startups.
🇺🇸 Untapped Global raises $10.3M pre-seed round to build the most transparent investment platform for the world's fastest-growing markets. Untapped Global has financed assets for over 6,000 entrepreneurs across a dozen countries in Africa and Latin America, who work across sectors such as clean water, solar, e-mobility, and inclusive fintech.
Read up on all the latest fintech deals in Dealroom.co
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