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ICYMI fintech funding round-up: EduFi, Performativ, Due and more

  • EduFi Funding:
    • Singapore-based EduFi secures $6.1 million in pre-seed funding.
    • Led by Zayn VC, with participation from Palm Drive Capital and others.
    • EduFi operates an AI-led platform for student loans, a recently launched app in Pakistan.
    • Funding is intended for platform improvements, customer onboarding, market expansion, and new products, including student credit cards.
  • Performativ Funding:
    • Denmark-based Performativ raises €5.5 million in a seed funding round.
    • FinTech Collective leads, with participation from existing investors.
    • Performativ’s tech streamlines wealth management processes, aiming for industry transformation.
    • Funding to accelerate growth trajectory and broaden the investor base.
  • Mogul Seed Funding:
    • US-based Mogul completes $3.6 million seed funding round.
    • Led by AY Ventures, with participation from Tim Draper & Associates.
    • Plans to develop new platform features and expand into new investment product offerings.
    • Founded in 2022, headquartered in Washington DC.
  • Due Seed Round:
    • UK-based Due secures $3.3 million in a seed round led by Semantic and Fabric Ventures.
    • Aims to provide borderless multi-currency accounts and international payments.
    • Launching in November, focusing on the US, Europe, the UK, and Sub-Saharan Africa.
    • Expansion into Latin America and Asia Pacific is scheduled for Q1 2024.
  • Primer Investment from Tencent:
    • Singapore-based Primer secures an undisclosed investment from Tencent.
    • Primer provides a unified infrastructure for global payments and commerce.
    • Aims to grow product portfolio, expand market reach, and enhance existing products.
    • Founded in 2020, addresses payments industry challenges for merchants.

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