Wednesday, July 6, 2022

Scalapay raises $210m from Tiger Global to expand its BNPL business

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Scalapay, a payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest raised $210m in equity funding in a Series A investment round.

Maple Bear Global Schools offers investment in bilingual childcare centres and schools in Australia

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Starting with childcare centres (with primary and secondary schools to open at a later date) investors and business owners can capitalise on the $2bn Australian pre-school industry, our large population of immigrants and the growing education sector.

Deeper Network is the first blockchain project to access Helium’s Network

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Deeper Network (DPR), a leading Blockchain developer, has become the first blockchain to obtain the correct qualifications from Helium to access its network. By manufacturing Deeper Network HNT Miners, Deeper Network enables the first dual-crypto miner globally.

HEX raises $1.25m, partners with City of Melbourne to accelerate growth

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Multi-award-winning education technology (edtech) company HEX (startwithhex.com) has completed a seed funding raise of $1.25 million as it continues to build out its new digital ‘innovation gap year’ program, HEX Ed, created in partnership with Atlassian and affiliated with more than 36 Australian and international universities.

in3 secures $11.1m Series A from Finch Capital; partners with Worldline

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 in3, a leading Dutch Buy-Now-Pay-Later (BNPL) fintech business, has announced a $11.1 million Series A funding round from Finch Capital as growth soars. In addition to this, in3 are today launching free BNPL services for consumers, starting in the Netherlands, through an innovative partnership with global digital payments leader Worldline. 

Planet Protector Packaging raises $1.25m in its crowdfunding campaign

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Planet Protector Packaging announced that it raised $1.25m from its crowdfunding campaign.

Upflowy raises $4m to optimize web experiences to turn visitors into clients

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Upflowy, a drag and drop tool to build and optimize personalized web experiences, announced it raised $4M USD in funding, bringing its total funding amount to over $5M. San Francisco VC fund Counterpart Ventures led the round, the first deal that the 2018 founded VC fund has made in Australia. The fund will help Upflowy continue its rapid growth by expanding into the US.

First Nations Business Growth Program set to back businesses

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American Express, in partnership with Rare Birds have announced the inaugural First Nations Business Growth Program, supporting Aboriginal and Torres Strait Islander business leaders.

Tradeplus24 launches into UK with close of £30m debt facility from PFG

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Global SME lending fintech Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global credit fund, Partners for Growth (PFG), with advice offered by debt advisory, Neu Capital. The funds will be used to rapidly scale Tradeplus24’s highly competitive revolving lines of credit for SMEs across the UK, after already experiencing great success with SMEs across Switzerland, The Netherlands, and Australia.

Leo Capital attracts global investors for India targeting a $125 million fund

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Leo Capital to launch a new fund following India's receipt of a record $35b in venture funding from global investors. Over the past 3 years, Leo Capital has raised $106m for two funds from investors around the world seeking technology-centric opportunities in India and Southeast Asia.