Danish fintech Ageras secures €82m to accelerate growth and M&A activities

Danish fintech Ageras secures €82m to accelerate growth and M&A activities

Ageras Group, a leading Danish fintech company known for its comprehensive accounting software, has successfully closed its sixth and largest funding round, amassing a total of €82 million in a private placement. This investment round was notably oversubscribed, demonstrating strong confidence from both new and existing investors in Ageras’ growth trajectory and strategic vision. Investment […]

Vitesse rakes in $93m in Series C funding to fuel expansion and innovation

Vitesse rakes in $93m in Series C funding to fuel expansion and innovation

Vitesse, a prominent provider of treasury and payment solutions tailored for the insurance sector, has closed a $93 million Series C funding round. This substantial investment was led by the renowned global investment firm KKR, with additional contributions from existing stakeholders such as Hannover Digital Investments. The influx of capital, pending customary regulatory approvals, will […]

Intellect Design Arena reports total revenue of Rs 2,513cr for FY24

Intellect Design Arena reports total revenue of Rs 2,513cr for FY24

Intellect Design Arena Ltd, a leading cloud-native, multi-product FinTech company serving top banking and insurance clients globally, has announced its financial results for the fourth quarter and the entire fiscal year 2024. Despite a challenging market environment, the company has shown commendable financial performance with significant annual growth. Q4 and Annual Revenue Breakdown: – Q4 […]

Altruist rakes in $169m in Series E to elevate position in RIA custodian market

Altruist rakes in $169m in Series E to elevate position in RIA custodian market

Altruist, the innovative custodian service provider for Registered Investment Advisors (RIAs), announced a significant financial milestone with a $169 million Series E funding round. This latest investment was spearheaded by ICONIQ Growth and saw contributions from new participant Granite Capital Management and steadfast supporters Adams Street Partners and Sound Ventures. With this new influx of […]