In the rapidly changing fintech landscape, three major players are making significant strides with their recent fundraising efforts. iCapital leads in democratizing alternative investments with an undisclosed funding round. Two, an Oslo-based B2B payments platform, secures €13 million to expand its innovative solutions into new markets. Meanwhile, Germany’s re:cap plans to revolutionize tech company financing with a €125 million credit facility, marking its ambitious entry into the UK. These strategic moves highlight the dynamic growth and innovation within the fintech sector as companies enhance their offerings and broaden their reach.
iCapital Raises an undisclosed amount in an undisclosed round
iCapital has raised an undisclosed amount in funding. Read more.
iCapital is a prominent fintech industry player known for its innovative platform that provides access to alternative investments. The company aims to democratize alternative investing by offering services that streamline the process for advisors and investors. iCapital’s platform simplifies the complexities of alternative investments, making it easier for financial advisors to offer these options to clients. With a focus on technology and efficiency, iCapital has positioned itself as a leader in the fintech space. Investors are eager to capitalize on the growing demand for alternative investment solutions.
Bilt Rewards, another key fintech sector player, has developed a unique platform allowing users to earn rewards on rent payments. This innovative approach addresses a significant market gap, as rent is typically one of the largest expenses for individuals, yet it traditionally does not contribute to reward programs. By integrating rewards with rent payments, Bilt Rewards provides a valuable service appealing to both renters and landlords. The company’s ability to transform a routine financial obligation into a rewarding experience has garnered investor attention, highlighting the potential for growth and innovation within the fintech industry.
Two Raises €13 million in strategic funding round
Two, based in Norway, has raised €13 million in a strategic funding round. Key investors include Idékapital, Shine Capital, Investinor, Antler, Sequoia Capital, Alliance Ventures, Arkwright, and Local Globe. Read more.
Two, an Oslo-based B2B payments platform, secured €13 million in a strategic funding round. This investment will enable Two to enhance its B2B payment solutions and expand into the US and select Western European markets. Idékapital and Shine Capital spearheaded the funding round, with contributions from new investor Investinor and existing investors including Antler, Sequoia Capital, Alliance Ventures, Arkwright, and Local Globe. This diverse group of investors underscores confidence in Two’s innovative approach to streamlining B2B transactions.
The fresh capital will be pivotal for Two as it seeks to broaden its market reach and refine its technology to better serve its growing customer base. By focusing on key international markets, Two aims to solidify its position as a leader in the B2B payments sector. The company’s strategic growth plans will enhance its product offerings and improve the overall efficiency of B2B transactions, providing businesses with a seamless and reliable payment solution. This fundraising marks a critical step in Two’s journey towards becoming a global player in the fintech industry.
re:cap Raises €125 million in credit facility
re:cap, based in Germany, has raised €125 million in a credit facility. Key investors include HSBC Innovation Banking and Avellinia Capital. Read more.
re:cap, a German fintech company, has announced its expansion into the UK market with a €125 million credit facility. This facility aims to provide onward lending to tech companies, enhancing its Capital OS platform’s capabilities. HSBC Innovation Banking and Avellinia Capital support the funding, showcasing strong confidence from prominent financial institutions in re:cap’s innovative fintech solutions. The Capital OS platform developed by re:cap has already proven valuable for tech companies in Germany
