FTV Capital led a growth equity investment into the private markets risk management platform.
"For the past 15 years, our relentless commitment to excellence has been the foundation of our success. We are proud to serve some of the world’s largest private capital managers, while maintaining a culture that never stands still. Innovation drives us—whether through designing customized hedging strategies or developing technology that streamlines operations, mitigates risk, and enhances efficiency for our clients. With the backing of FTV Capital, we are poised to scale faster and deliver even greater value to our growing client base."
The round was co-led by DN Capital and Smartfin with participation from Albaraka Portfolio and Tera Portfolio.
"Banks worldwide face the challenge of replacing outdated legacy systems while competing with agile fintechs. Fimple offers an ideal solution, enabling banks to launch new products and brands quickly and efficiently."
The payments fintech has raised $15m in debt financing from BlackRock to scale its global footprint.
"This investment represents an exciting new chapter for Sokin – one filled with immense opportunities for growth and innovation. By joining forces with the Morgan Stanley Expansion Capital team, we gain access to unparalleled resources and expertise which we believe will enable us to accelerate our growth trajectory and better serve our customers."
Fuel Ventures led the seed round for the London fintech as it exits stealth mode.
"Over the past decade, finance teams have moved away from clunky, outdated software to embrace finance and ERP systems which improved productivity and provided automation opportunities. However, for all the incredible opportunities they offered, they have fallen short as finance professionals still had to manually download CSV files, with significant error and fraud risk, and carry out time-consuming reconciliations."
The pre-seed round was led by Fuel Ventures with backing from NatWest Group and Oxford Seed Fund.
"At NatWest, we’re committed to anticipating and responding to customers’ changing needs. Platforms like Serene demonstrate how AI can enhance customer outcomes effectively and responsibly."
— David Grunwald, Director of Innovation and Partnerships
