LIQUiDITY’s Post

Check out the key deals, funding rounds, milestones, and changes in the global fintech landscape, curated by our team. 𝐊𝐞𝐲 𝐞𝐯𝐞𝐧𝐭𝐬 𝐟𝐨𝐫 July 8-14 NORTH AMERICA Netevia, paytech, has secured up to $120m in debt financing from WhiteHorse Capital Canoe Intelligence,cloud-based alternative investments platform, has secured $36m through a Series C funding round led by Growth Equity at Goldman Sachs Alternatives. Bain Capital and Reverence Capital Partners have agreed to acquire Envestnet, Inc, a provider of wealth management technology and data, for $4.5b. LATAM tapi,  the paytech that is integrating payment experiences through the largest network in Latin America, raises $22m in Series A led by Andreessen Horowitz. EUROPE kompasbank, corporate bank, secures €175m guarantee from the European Investment Fund (EIF) to provide loans with reduced interest rates and longer maturities to SMEs in Denmark. lemon.markets, brokerage-as-a-service platform, has raised €12m in a funding round led by CommerzVentures. Trever, which provides banks and financial institutions with software to trade, manage, transfer and offer digital assets, raised €2.4m in seed funding from TX Ventures and Market One Capital. Bsure, a spend management platform, raised $1m in pre-seed funding from investors including Pirate Entrepreneurship Fund, Gratus Capital and East Carolina Angels.  Switchee, a data platform for social housing providers which is aiming to lower heating bills and prevent mould in houses, raised £5m from AXA and Octopus Ventures.  kolum.earth, a carbon pricing platform, raised €2.1m in pre-seed funding from investors including FoodLabs. REST OF THE WORLD Partior, a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60m in Series B funding led by Peak XV Partners. TBC Bank IR Uzbekistan, mobile bank, has raised $38.2min a fresh funding by TBC Bank Group ($23m), as well as European Bank for Reconstruction and Development and World Bank’s International Financial Corporation ($7.6m each). NALA, African remittance fintech, secured $40m Series A from Amplo and NYCA Partners,  along with additional support from DST Global, HOF Capital and Norrsken22.

I'm excited to announce that Canapi Ventures has led OpenYield's seed round. OpenYield is redefining how bonds are traded and who gets to trade them. Despite being one of the largest global asset classes, fixed income has long lagged behind equities in terms of innovation. Outdated systems, fragmented liquidity, and barriers to access have made bond trading inefficient, opaque, and inaccessible to many, particularly retail investors.   OpenYield is changing that. By delivering an equity-like trading experience for bonds, the platform transforms the fixed income market into a space defined by transparency, efficiency, and access. With real-time pricing, seamless execution, and intuitive workflows, OpenYield is making bond trading easier and more effective for institutional players, market makers, and retail investors alike. This progress wouldn’t be possible without the exceptional leadership of Jonathan Birnbaum and Hilton Lipschitz, whose decades of experience in capital markets and fintech have earned them the right to build a category leader in this market. Also hard to believe that meeting Jonathan over 20 years ago led to this partnership today!   For Canapi’s network of financial institution LPs, OpenYield represents an exciting opportunity to enhance wealth platforms, attract new client assets, and deepen advisor relationships. As the competition for wealth clients intensifies, access to efficient fixed income trading will be a critical differentiator, delivering real value for customers and strengthening client loyalty. Thrilled to be partnering with Ben Savage and Ned Daoro at Clocktower Ventures. Shoutout to Harrison Kioko. More thoughts on our investment thesis here:

Today, Monark Markets announced their $2.2M financing round which we were excited to participate in alongside Rishi Taparia from Garuda and Grit Capital Partners. This raise brings Monark's total funding to $3.6M, with previous investors including James Murphy from Forum Ventures. See the article from Lucinda Shen from Axios: https://lnkd.in/edKX-ksu I believe financial APIs will be responsible for creating a more collaborative and competitive financial ecosystem, driving trillions in transactions across Credit, Investments, Insurance, you name it. Open-banking and its influence has been the driving force behind the advent of financial APIs and with these new services every company (fintech or not) will be able to seamlessly offer financial services without building the infrastructure themselves. In the case of Monark, they are connecting the demand of alternative asset managers whether it's Blackstone or Masterworks to access retail capital efficiently and effectively, while allowing wealth managers, digital or traditional, to offer the entire world of alternatives all through an API. They are the plumbing to help drive the $1T/year in retail capital entering private markets (Bain & Co). Monark’s unique approach involves partnering b2b with incumbent distribution platforms (brokerages & RIAs) to embed an alternative investing experience akin to investing in public markets directly into their native user experience, while standardizing the fragmented and compliance heavy process of offering alts to individual investors. Ben Haber and Paul Davis are young, hungry, smart founders with an incredibly senior team (from Templum, Alto, Prime Trust, Securitize) and heavyweights for advisors like William Capuzzi (CEO of Apex Fintech Solutions, an industry leading custodian). While most NYU grads were graduating, Ben and Paul skipped their walk down the aisle to buy Lex Markets out of bankruptcy (a company which raised $27M+) for $325k to kickstart their internal trading system so they aren’t starting from scratch. We believe customers will demand a digital experience (even from the RIAs, wealth managers etc) which necessitates a model like Monark's to support on the back end. Current incumbents, iCapital or CAIS, or well funded startups like Templum, Opto, or Moonfare are still suffering from the same things: high minimum tickets, liquidity issues, legacy infrastructure and direct to investor distribution. Monark’s approach can solve all of these problems and facilitate the ramp of alternatives amongst retail/mass affluent portfolios. If you are looking to join a rocketship before takeoff or currently work at a brokerage or RIA and want to learn more about integrating with Monark, get in touch!

🔥 9fin, an UK-based data and analytics titan, recently bagged a $50 million Series B funding round led by London-based venture capital firm Highland Europe. Since securing a $23 million Series A+ round in 2022, 9fin has been on an astronomical rise. The result? A staggering 400% surge in group-wide annual recurring revenue (ARR). Growth is an understatement - they've expanded their team to 240 members and have more than double their customer base to nearly 200 of the world's financial market heavyweights. Think leading investment banks, private equity suits, credit fund managers, esteemed law firms - the list goes on. But growth isn't merely about numbers. It's about driving meaningful industry change, innovating on existing structures, and shaping the future of fintech. I’m excitedly looking forward to where their journey leads next. For more about this news ➡️ https://lnkd.in/ey43h3es Stay tuned for more exciting real-time updates, knowledge tips, and career opportunities. Follow us here 👆 #FintechNews #VentureCapital #Finance #DataAnalytics #Innovation.

Global liquidity challenges are pushing startups, GPs, and LPs to innovate with secondary markets, structured solutions, strategic M&As, and tech-driven platforms. We kickoff this week with our research on various strategies. 1. Secondary Markets & Tail-End Portfolio Sales Summary: Secondary markets and tail-end portfolio sales are providing liquidity by allowing LPs and GPs to sell stakes in funds or older assets to other investors. Key Players: Secondary Markets: Firms like Lexington Partners and Coller Capital are active in acquiring stakes in venture funds. Tail-End Sales: Players like HarbourVest Partners and Pantheon are leading in buying tail-end portfolios from GPs. 2. Structured Liquidity Solutions Summary: Structured liquidity solutions such as venture debt, credit lines, revenue-based financing are becoming popular to manage cash flow and extend runway. Key Players: Venture Debt: Providers like InnoVen Capital India and SVB Capital are prominent in offering venture debt in these regions. Revenue-Based Financing: Companies like Capchase and Clearco are key players in providing revenue-based financing. 3. GP-Led Secondary Transactions Summary: GP-led secondary transactions, including continuation funds and single-asset deals, are gaining traction - to provide liquidity to LPs while retaining high-potential assets. Key Players: Continuation Funds: Firms like Blackstone and Ardian are setting up continuation funds. Single-Asset Transactions: StepStone Group and Neuberger Berman are executing single-asset secondaries. 4. Emerging Market Private Equity & Sovereign Wealth Funds Summary: Private equity firms and sovereign wealth funds in the Middle East are playing a crucial role through direct investments and special situation funds. Key Players: Sovereign Wealth Funds: Abu Dhabi Investment Authority (ADIA) and Kuwait Investment Authority are major players. Emerging Market PE: Firms like Actis and The Abraaj Group (now collapsed but historically influential) are/were key players in special situations investing. 5. Technology-Driven Solutions Summary: Blockchain tokenization and AI-driven platforms are emerging as innovative solutions to create liquidity through fractional ownership and efficient capital matching. Key Players: Tokenization: Platforms like Securitize and Polymath are leading in tokenizing assets. AI Investment Platforms: Venture360 and PitchBook are deploying AI to enhance liquidity through better capital matching. 6. Family Office Involvement Summary: Family offices in the GCC and Southeast Asia are increasingly making direct investments and co-investments, offering alternative liquidity options. Key Players: GCC Family Offices: Al-Faisaliah Group (JSC) and Al Habtoor Group are active in direct investments. Co-Investment Vehicles: L Catterton and Fidelity International are leading in creating co-investment opportunities with family offices. #alternatives #venturecapital #startups #familyoffices #secondarymarkets

AI debt market platform 9fin closes $50m round 💰 A startup in London developing AI analytics technology for debt capital markets has closed a $50m (£39.3m) Series B round.  Based in the City, 9fin is looking to expand its debt capital markets analytics platform, having so far reached more than 200 institutional customers with combined assets worth over $17tn.  ➡️ https://lnkd.in/eGkUTPNc 🔗 #uktech #uktechnews #funding #investment #startup #AIdebtmarket #AI #artificialintelligence #AIanalytics Steven Hunter Highland Europe Spark Capital redalpine Seedcamp 500 Startups Ilavska Vuillermoz Capital Fergal Mullen

We are thrilled to announce our latest investment in Noggin HQ, a fintech startup that is reinventing the credit system. 🌟 Founded by Evangeline A. and Laura Mills, Noggin HQ is set to transform how creditworthiness is assessed by integrating alternative data sources. This innovative approach ensures that those often overlooked by traditional credit agencies, typically young people, have fair access to the financial products essential for their future. 🎥 To give you a deeper insight into why we believe so strongly in Noggin’s mission, we’re also sharing an exclusive video interview with co-founder Eva Atkinson. In this candid conversation, Eva discusses the challenges and motivations behind Noggin, and her vision for a fairer credit system. 🔍 Read our press release here: https://lnkd.in/e5DHs7ny 👉 Watch the interview here: https://lnkd.in/eAYYW7aQ Join us in supporting this exciting journey. #Fintech #Investment #Innovation #Credit #FinancialInclusion #OxfordCapital

⚡ Investment Announcement ⚡ London-based 9fin, an AI-powered analytics platform for debt capital markets, raised $50m in Series B funding. Highland Europe led the round and was joined by investors including Spark Capital, redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital. The company has experienced rapid growth since its Series A+ in 2022, reporting a 400% increase in Annual Recurring Revenue (ARR) and significant US expansion. 9fin has also grown to 240 employees and doubled its tech team, in response to its growing product development. More here 👉 https://lnkd.in/eUGXFbUf Huss E. Fergal Mullen Steven Hunter Alain Wildanger Laurent Hengesch Harald Nieder Jack Griffiths Ella Higham Jessica Simpkin Madeline Thomas Brian Dearing Jen Speirs

#NYC-based #investment platform Public, led by #cphftw Jannick Malling, Raises $135M Series D-2 For AI-Driven Investment. By Crunchbase https://lnkd.in/gXr7RYzv #NordicMade #nordicfintech Fintech News Nordics Fintech Mundi

Huge congratulations, Steven Hunter, Huss E., and team 9fin on your Series B! We are delighted to continue supporting the incredible 9fin team, as they build the leading AI-powered analytics platform for debt capital markets.  We first partnered with Steven and Huss in 2017, when we wrote their pre-seed cheque on St Patrick’s Day. We were impressed by the determination of this duo of uni friends who had just quit their jobs in finance to tackle their frustration with the lack of data on debt issuers and loved having them as one of the companies who worked out of our Seedcamp offices. Fast forward to 2024, 9fin secured a $50 million Series B led by Highland Europe, with our participation alongside Spark Capital, Redalpine, 500 Startups, and Ilavska Vuillermoz Capital. Our Partner Sia Houchangnia, highlights: “At Seedcamp, we are so proud to have supported the team from Day One and are thrilled to continue backing them as they seize this opportunity and build the future of debt capital markets technology.” The new funding will accelerate the team expansion into the US and to further enhance the platform’s AI capabilities. 9fin supports 170+ clients, including asset managers with a combined AUM of over $17 trillion, counting all 10 of the top 10 investment banks as its customers. Find out more: https://lnkd.in/derQETe4