FinTech news in Insight Partners category

Noble today emerged from stealth and announced the close of a $15 million Series A round led by Insight Partners with participation from Cross River Digital Ventures, Plug & Play Ventures, Y Combinator, Flexport Fund, TLV Partners, Operator Partners, Verissimo Ventures, Interplay Ventures and the George Kaiser Family Foundation.

Two firms stuck out in recent days, including Urban Innovation Fund, which closed with commitments of $100 million for its Fund III and $20 million Opportunity Fund, and VMG Catalyst‘s $400 million Fund II.

According to Mack, Middesk allows service providers to form a picture of their customers and offer products they might need to establish, operate, and maintain their businesses.

Slice, a fintech startup that is bringing credit card features to millions of Indians, has raised $50 million in a new financing round as it looks to scale its recently launched UPI payments product and push to make its core credit business profitable.

In other words, Unit touts that companies using its technology in a variety of industries — such as freelance or creator economy and personal financial management, for example — can build financial products directly into their software.

First, it will help it expand the company expand its geographic footprint: Azimo currently has payment licenses in the U.K., the Netherlands, Canada, Australia and Hong Kong, and it operates a payment network in more than 160 countries, while Papaya Global (not to be confused with the other fintech called Papaya) operated services in 150 countries just prior to this deal, Eynat Guez, Papaya Global CEO and co-founder.

Island, a Dallas-based startup that built a secure browser for the enterprise, has raised $115 million in a Series B round, valuing the company at $1.3 billion just weeks after emerging from stealth with $100 million in initial funding.

Debt marketplace CredAvenue, which helps businesses and enterprises secure debt from lenders, has become the fastest Indian fintech startup to join the unicorn club, it said on Sunday. The startup, which counts Sequoia Capital India, Lightspeed Venture Partners, TVS Capital, Lightrock, Vivriti Capital and Indian fintech CRED among its backers, has raised over $227 million to date.

Last week, the board terminated the position of Madhuri Grover, following which she tweeted damaging information about the startup’s other co-founders and questioned the integrity of Rajnish Kumar, a board member of BharatPe and who previously served as the chairman of the State Bank of India.

To that end, and like the aforementioned spend management companies, Coast has created a commercial charge card designed for the businesses that operate vehicle fleets, such as trucking companies, plumbers, HVAC businesses or last-mile delivery companies.

The Austrian startup — a platform for documentation and communication in construction and real estate projects — is continuing its funding roll with a $70 million fundraising round co-led by Insight Partners and Quadrille Capital. Back in March Vienna-based PlanRadar snapped up a €30 million Series A to digitize construction and real estate projects. The round also drew participation from existing investors, including Headline, Berliner Volksbank Ventures, aws Gründerfonds and Cavalry Ventures, plus new investors Proptech1, Russmedia and GR Capital. To add context to that, this is a significant raise for an Austrian company, and PlanRadar claims it the third-largest Series B in Austrian history to date.

M2P Fintech, a payments infrastructure startup that has established market dominance in India, has raised $56 million in a new financing round, less than three months after closing its previous funding, as it works to deepen its footprints in several international geographies.

Tiger Global, which has made over 50 investments in India this year, is currently conducting due diligence to back an additional nine startups in the country, according to a person familiar with the matter.