Friday, October 18, 2024
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ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more

  1. Mimo:
    • Raised £15.5 million led by Northzone.
    • Plans to expand its financial management platform for SMBs.
  2. Pactio:
    • Secured $14 million in Series A funding led by EQT Ventures.
    • Offers digital infrastructure and risk management solutions for the private capital industry.
  3. TransferGo:
    • Raised $10 million from Taiwania Capital to expand operations in Asia-Pacific.
    • Focuses on remittances with low cross-border fees.
  4. Smartpay:
    • Received $7 million in a pre-Series A round led by SMBC Venture Capital.
    • Offers interest-free BNPL solution for financial inclusion.
  5. Adro:
    • Raised $1.5 million in pre-seed funding led by Era.
    • Aims to provide financial services for internationals in the US.
  6. Avenir:
    • Secured $530,000 in pre-seed funding backed by Techstars and SFC Capital.
    • Provides AI-driven personalized investment solutions.
  7. Funding Xchange:
    • Completed Series B round led by Barclays.
    • Offers white-label software solutions for business loans and funding marketplace.
  8. Paytring:
    • Completed pre-seed funding led by Unlimited.
    • Provides no-code payment collection solutions for businesses.
  9. Corlytics:
    • Received significant investment from Verdane through its Edda III Fund.
    • Delivers compliance platform for regulatory alignment.

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