Thursday, December 12, 2024

ICYMI fintech funding round-up: Untangled Finance, Kennek and more

UK-based Untangled Finance:

  • Raised $13.5 million in multi-year strategic funding from Fasanara Capital.
  • Focuses on tokenizing real-world private credit assets into on-chain structured credit pools.
  • Launching on the Celo blockchain with funding for product development and growth.

UK fintech Kennek:

  • Secured $12.5 million in seed funding led by HV Capital.
  • Offers an operating system for lending through a SaaS platform.
  • Plans to accelerate UK market growth, expand into Europe.

Singapore-based Account Labs:

  • Raised $7.7 million from various investors.
  • Launched UniPass wallet on the Polygon blockchain for Web3 access.
  • Aims to drive mass crypto adoption in the Philippines and beyond.

UK-based instant payment start-up Lopay:

  • Secured £6 million in seed funding from multiple investors.
  • Offers a payment app for small businesses with cost-effective card payment solutions.
  • Plans to launch internationally and develop new cost-saving products.

Dutch fintech Carbon Equity:

  • Raised €6 million in Series A funding led by BlackFin Capital Partners.
  • Provides a climate venture capital and private equity fund investing platform.
  • Aims to expand across Europe and enhance distribution channels with the new capital.

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