Fintech Startup Funding

Formality Raises €8M to Revolutionize Contract Management with AI

Paris, October 3, 2024 – Paris-based startup Formality has successfully raised €8 million in a funding round to advance its AI-powered contract management platform designed to simplify and streamline contract workflows for businesses. The funding round was co-led by leading venture capital firms Partech and Serena, with an additional €2.4 million investment from BPI France, […]

Investing Payments

Nexi Group Secures €220 Million Financing from European Investment Bank to Boost Digital Payment Innovation

Milan, Italy – Nexi Group, a leading European PayTech company, has successfully secured €220 million in financing from the European Investment Bank (EIB). The funds will be used to drive significant innovation and enhance the infrastructure of digital payments across Europe. This financing will enable Nexi to lead multiple cutting-edge projects aimed at modernising payment […]

Insurtech

Akur8 Secures $120 Million in Series C Funding to Drive Global Growth and Innovation

October 2024 — Akur8, the AI-powered insurance pricing and reserving platform, has successfully closed a $120 million Series C funding round, bringing its total raised capital to $180 million. The round was led by One Peak with participation from Partners Group and Guidewire Software, Inc. This new investment will fuel Akur8’s rapid growth, enabling it […]

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