Thursday, December 12, 2024

ICYMI fintech funding round-up: UnaFinancial, Multifi, Triple-A and more

  • UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024.
  • The funds will be used for IT development, marketing, and technology partnerships for the app.
  • The app aims to serve spending, borrowing, and investing needs, starting with an online investment platform.
  • UK-based Multifi secures £10 million in initial funding to offer SMEs access to credit.
  • The platform charges a monthly fee of 0.3% and an interest rate of 1.99% per month for up to £200,000.
  • Singapore’s Triple-A raises $10 million in a Series A round for global currency payments.
  • The company is licensed by various authorities and enables currency exchange without volatility risk.
  • US-based Credit Genie gets $10 million in funding for its AI-driven personal finance platform.
  • It provides financial alerts, budgeting, credit-building solutions, and credit risk prediction.
  • Mexican fintech Finerio Connect raises $6.5 million, shifting to a B2B open banking model.
  • The funding will be used to develop its open finance platform and expand into new markets.
  • Prism Data, a US-based cashflow underwriting and data analytics platform, raises $5 million in seed funding.
  • The funds will help expand the team and enhance the product suite to meet growing demand.

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