BETA: The Capitalization Report v21.02.01 PE Fintech

TOP KEYWORDS: PPRO Financial, Enfusion, LendingPoint, Hut 8 Mining, Trumid, Voyager Digital, Diginex, Bitfarms, Argo Blockchain

Our goal is to network with family offices, accredited investors, and others that are interested in co-investing with minimum investment of $100,000 USD. We are looking at seeding funds, SPAC, and other special oppertunties through SPVs. Learn more about JD Morris on this website: https://spvfund.com/about-jd-morris/ or contact JD’s admin via LinkedIn via this URL: https://www.linkedin.com/in/admin4jdm/

DATA DUMP (More data avaliable for people that can co-invest)

PPRO FinancialThe company received $180 million of development capital from Sprints Capital, Eurazeo and Wellington Management on January 19, 2021. The transaction values the company at over $1 billion.
EnfusionThe company received $150 million of development capital from ICONIQ Capital on January 11, 2021. The transaction values the company at $1.5 billion.
LendingPointThe company received $125 million of development capital from Warburg Pincus on January 14, 2021. The investment will help the company expand its financing features for e-commerce, point of sale and financial institution partners. The company also plans to make improvements to its data and technology platform.
Hut 8 Mining (TSE: HUT)The company (TSE:HUT) received CAD 77.5 million of development capital from undisclosed investors on January 13, 2021 through a private placement. The net proceeds of the private placement will be used by the Company for working capital and general corporate purposes, including, without limitation, infrastructure expansion, equipment purchases and repayment of debt.
TrumidThe company received $50 million of development capital from Dragoneer Investment Group and DST Global on January 13, 2021. Proceeds will be used to repurchase shares from existing shareholders.
Voyager Digital (CNQ: VYGR)The company (CNQ: VYGR) received $46 million of development capital from undisclosed investors on January 21, 2021 through a private placement. The Company intends to use the net proceeds from the Offering for general corporate purposes.
DiginexThe company (NAS: EQOS) received $38.6 million of development capital from undisclosed investors through a private placement on January 21, 2021. The company intends to use the net proceeds from the offering for working capital and general corporate purposes. Previously, the company acquired 8i Enterprises Acquisition (NASDAQ: JFK) through a reverse merger, resulting in the combined entity listed on the NASDAQ stock exchange under EQOS ticker symbol on October 1, 2020.
Bitfarms (TSX: BITF)The company (TSX:BITF) received CAD 40 million of development capital from undisclosed investors on January 7, 2021 through a private placement. The company received CAD 20 million on January 7, 2021 and CAD 20 million on January 14, 2021. The net proceeds of the private placement will be used by the company principally to acquire additional miners, expand infrastructure, and improve its working capital position.
Argo Blockchain (LON: ARB)The company (LON:ARB) received GBP 22.4 million of development capital from undisclosed investors on January 18, 2021 through a private placement. The proceeds will be used for working capital and general corporate purposes.
Digit InsuranceThe company received INR 1.35 billion of development capital from Faering Capital, TVS Capital and A91 Partners on January 14, 2021. The transaction values the company at INR 135 billion.
FansUnite (CNQ: FANS)The company (CNQ: FANS) received CAD 13.4 million of development capital from undisclosed investors on January 11, 2021 through a private placement. The net proceeds raised under the offering will be used for working capital and general corporate purposes. Previously, the company (CNQ: FANS) received CAD 5.01 million of development capital from undisclosed investors on July 31, 2020, through a private placement.
Cypherpunk Holdings (CNQ: HODL)The company (CNQ:HODL) received CAD 2.98 million of development capital from undisclosed investors on January 15, 2021 through a private placement. The Company intends to use the net proceeds from the Offering to make potential follow-on investments in certain of its current portfolio companies, invest in new private companies in the blockchain and privacy sector, as well as increase its holdings in select cryptocurrencies.
Ease2pay (AMS: EAS2P)The company (AMS: EAS2P) received EUR 1.3 million of development capital from The Internet of Cars, Arkelhave Capital and Cross Options International XI on January 6, 2021 through a private placement. The company intends to use the proceed of the placement to support debt reduction and growth acceleration by expanding the Company’s partner network and market coverage and fund general corporate purposes and working capital need.
Skyledger Tech (CNQ: SKYL)The company (CNQ: SKYL) is in talks to receive CAD 11 million of development capital from undisclosed investors through a private placement as of October 15, 2020. The proceeds from the sale of the Subscription Receipts will be held in escrow pending completion of the transaction. Following the completion of the transaction, the funds are expected to be used for exploration and related expenditures on the Yukon properties to be acquired, and for working capital purposes. Previously, the company (CNQ: SKYL) received CAD 1.63 million of development capital from undisclosed investors through a private placement as of January 20, 2021. The company is being actively tracked by PitchBook.
Blockchain Foundry (CNQ: BCFN)The company (CNQ: BCFN) received $800,000 of development capital from undisclosed investors on January 6, 2021 through a private placement.
Link Global Technologies (CNQ: LNK)The company (CNQ:LNK) received CAD 1.02 million of development capital from undisclosed investors on January 7, 2021 through a private placement. The Company intends to use the proceeds from the Offering for the commissioning of new 10-Megawatt power sites in Alberta, for marketing purposes and for general working capital.
Amino PaymentsThe company was acquired by Integral Ad Science, via its financial sponsor Vista Equity Partners, through an LBO on January 14, 2021 for an undisclosed sum.
AMTdirectThe company was acquired by MRI Software, via its financial sponsors GI Partners, Harvest Partners and TA Associates Management through an LBO on January 27, 2021 for an undisclosed sum.
Arxes-tolinaThe company, a subsidiary of arxes Information Design Berlin, was acquired by Netgo, via its financial sponsor Waterland Private Equity Investments, through an LBO on January 7, 2021 for an undisclosed sum. Previously, the company was acquired by Arxes Information Design Berlin for on January 30, 2013.
CertentThe company was acquired by Insightsoftware, via its financial sponsors Golub Capital BDC, TA Associates Management and Genstar Capital, through an LBO on January 7, 2021 for an undisclosed sum.
EquityNetThe company was acquired by C9 Capital through an LBO on January 13, 2021 for an undisclosed sum.
FreeStarThe company received an undisclosed amount of development capital from ABRY Partners on January 6, 2021.
KindfulThe company was acquired by Bloomerang, via its financial sponsor JMI Equity, through an LBO on January 7, 2021 for an undisclosed sum. Previously, the company raised $3.49 million of Series A venture funding from FINTOP Capital and other investors on October 18, 2016. The funds will be used to invest in its sales and product development teams and in its integrated partner ecosystem and open API.
MoneythorThe company received an undisclosed amount of development capital from Navis Capital Partners on January 18, 2021.
ReadyPriceThe company was acquired by SitusAMC, via its financial sponsors Public Sector Pension Investment Board and Stone Point Capital, through an LBO on January 11, 2021 for an undisclosed sum.
SentaThe company was acquired by IRIS Software Group, via its financial sponsor Intermediate Capital Group, through an LBO on January 14, 2021 for an undisclosed sum.
Simplicity Collection SoftwareThe company, a subsidiary of SeikoSoft, was acquired by Katabat, via its financial sponsors Terminus Capital Partners and Tritium Partners, through an LBO on January 5, 2021 for an undisclosed sum.
Timetrade SilverCloudThe company was acquired by TimeTrade, via its financial sponsor Clearhaven Partners, through an LBO on January 12, 2021 for an undisclosed sum.
KEYWORDS: PPRO Financial, Enfusion, LendingPoint, Hut 8 Mining, Trumid, Voyager Digital, Diginex, Bitfarms, Argo Blockchain