FinTech news in CrunchBase category
At a time when U.S. venture dollars are slowing down, CIBC Innovation Banking is announcing $1.5 billion in growth capital commitments, dubbed “Unicorn Fuel,” to focus on later-stage companies across software, life sciences, healthcare and clean tech industries.
Financial Services startup Letsbloom raised Series A round of $377M led by Credo Capital Management
2022-05-26
startup platform Bloom has now secured a £300 million / $377 million financing round led by Credo Capital and Fortress Investment Group LLC (NYSE:FIG), making it one of the better-funded revenue-based lending businesses in Europe.
The investors that participated in the round include China-based Chuangshi Capital, Yunshi Equity Investment Management, Trust Capital, Chengyu Capital and private equity fund AfricaInvest.