Goldman's One Million Black Women launches a $225 million credit facility (TWIF 3/4)

Goldman's One Million Black Women launches a $225 million credit facility (TWIF 3/4)
Malam Jabba Ski Resort, Pakistan

Hello Fintech Friends,

We're coming to Seattle! We'd love to have you join us for our Seattle Happy Hour hosted by Seattle Bank happening on March 30th from 5-730pm PST. Get your ticket here.

Want to join our next one? Drop a line to organizers Cristina and Tori on our team :)

👍👎 Have feedback for us? Let us know!

Please find another week of fintech financing events below.

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If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us). Are you a fintech angel investor? Come join our syndicate.

💸 Venture Financing
  1. Equisoft, an investment software developer, raised $125 million in new equity.
  2. StudentFinance, a Spanish income share agreement provider for student financing, raised a €39 million Series A.
  3. Sesamm, a French natural language processing app that helps financial firms adhere to ESG standards, raised €35 million.
  4. Pagos, a payment intelligence connector to processors like Stripe, Adyen, and Braintree, raised a $34 million Series A.
  5. Quantifind, an ML financial crime risk management tech provider, raised a $23 million round from backers including Citi.
  6. Archway, a banking platform for regional and community banks, raised a $15 million Series A.
  7. Marco, a trade finance platform for small and medium-sized businesses in Latin America, raised $8.3 million in equity funding and a $200 million credit facility.
  8. Mangrove, an order book for digital asset traders, raised a $7.4 million Series A.
  9. Vouched, an identity verification startup for financial institutions, raised $6.3 million.
  10. Spade, a credit card transaction enrichment and categorization platform, raised a $5 million seed round.
  11. Sora, a credit management and liability optimization as a service startup for financial advisors, raised $3.9 million.
  12. Zipzero, an app that rewards consumers for sharing receipt data, raised £1 million.
  13. Pelt8, a Swiss sustainability reporting startup, raised a ₣0.5 million pre-seed.
  14. SoLo Funds, a community lender to the Black community in the US, added Serena Williams as an investor and passed 1 million users.
  15. Varo Bank is reportedly raising $50 million at a $1.8 billion valuation, a 28% drop from its last valuation.
  16. Pennylane, a French accounting software builder, is reportedly raising around $50 million as well.
💵 Debt Financing
  • Goldman Sachs’ One Million Black Women initiative partnered with Now to launch a $225 million credit facility for small and historically underserved businesses.
💰 Venture Funds
  • Atlanta venture capital firm TTV Capital closed its largest ever fintech fund, at $250 million.
  • Republic canceled its $75 million metaverse fund following the current crypto collapse and revised SEC guidance.

Pssst - if you like early-stage fintech investing, come join our angel syndicate.