Paulson backed the open banking platform in a round that values the company at £47m.
"I’m delighted that Paulson has invested in the Snoop proposition, team and ambition, and that they – like us – view open banking as a major growth opportunity within the financial sector."
The Series B extension combines debt and equity to support nationwide campaigns and expansion into the US market.
"As our customer numbers continue to grow, we’ve taken the decision to raise additional capital to service this phenomenal demand. As Zilch continues to scale at pace, we’re delighted that well-respected institutions such as Goldman Sachs and DMG Ventures share our vision of what credit should be in today’s world and how that can be delivered directly to customers in the most responsible way. By putting our customers first and building direct relationships with each of them, we are doing something no one else in the industry has done before."
The sustainable investing platform raised the capital from over 1,800 retail participants alongside earlier backers.
"Our customers have been asking for an opportunity to become involved in Clim8 not just as users, but also as shareholders. So we launched this campaign to give them a chance to join us as we embark on the next stage of our exciting journey to expand our offering. We’ve been amazed by the level of interest we’ve seen over the past few weeks, and I’m excited to welcome our new investors on board."
Temasek led the oversubscribed Series C round with participation from Sunley House Capital and Citi Ventures.
"We are delighted to welcome Temasek as the lead investor. With a track record of investing in category-leading fintechs, Temasek’s insights will be valuable to us as we scale our platform and offering. Managing business spend is costly and challenging, yet Soldo continues to demonstrate its value and ease to customers of every size and across every industry. It’s clear this category will see exponential growth as more businesses realise the benefits and Soldo is well placed to support them."
The financing was led by Morpheus Ventures with participation from Nationwide Building Society.
"Percent was founded to become the global API-first infrastructure behind all giving. This will be the foundation for a better, fairer future of capitalism in which every financial transaction has social and environmental good built into it. The pandemic has accelerated a shift into the Decade of Purpose, in which people flock to like-minded brands who will help them create a better world. We enable that shift at a fraction of the cost, empowering companies to meet the demands of these new-look consumers. This latest round of investment to expand our work internationally shows that this message is resonating with businesses, their customers and nonprofits all over the world. It’s time to change capitalism for good."