FinTech Futures Weekly ICYMI Funding Round-Up:
- re
:
- Funding: $14.6 million Series A
- Investors: Entrée Capital, Project A, Felix Capital
- Use of Funds: Expand alternative debt financing, scale SaaS platform re
Institutional, and Cash Insights software
- Fizz:
- Funding: $14.4 million seed round
- Investors: Kleiner Perkins, New Era Ventures, SV Angel, Y-Combinator, angel investors
- Product: Credit-building debit card for students with AI budgeting solution
- Use of Funds: Develop product lines, scale team, invest in marketing and sales
- Torpago:
- Funding: $10 million Series B
- Investors: EJF Ventures, Priority Tech Ventures, BankTech Ventures
- Use of Funds: Enhance implementation and compliance resources, expand product range
- Simplified Financial Solutions Company (SiFi):
- Funding: $10 million seed round
- Investors: Sanabil Investments, RAED Ventures
- Use of Funds: Support growth in Saudi market, expand services using EMI license
- Sibill:
- Funding: €6.2 million investment
- Investors: Founders, Exor NV, Keen Venture Partners
- Use of Funds: Improve services for current and new SME clients in Italy
- International Payment Identity (iPiD):
- Funding: $5.3 million pre-Series A
- Investors: Monk’s Hill Ventures, QED Investors, Quona Capital, others
- Use of Funds: Launch Verification of Payee solutions in Europe, develop anti-fraud products
- WealthOS:
- Funding: £4 million seed round
- Investors: Barclays, Main Set, fintech angels
- Use of Funds: Develop platform, increase distribution, scale organization
- Kaspar&:
- Funding: CHF 2.5 million ($2.8 million) seed round
- Investors: Avaloq, BLKB, institutional investors, angels
- Use of Funds: Integrate app with Avaloq Core platform, expand investment opportunities
- AperiData:
- Funding: £1 million investment
- Investor: PayPoint
- Use of Funds: Expand open banking solutions
- BankTech Ventures:
- Investments: Equabli, Filejet, Monit
- Focus: Solutions for community banks, manage recovery lifecycle, compliance, and digital CFO features for SMBs
