HomeAIICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more

ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more

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FinTech Futures Weekly ICYMI Funding Round-Up:

  1. 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

  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. WealthOS:
    • Funding: £4 million seed round
    • Investors: Barclays, Main Set, fintech angels
    • Use of Funds: Develop platform, increase distribution, scale organization
  8. 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
  9. AperiData:
    • Funding: £1 million investment
    • Investor: PayPoint
    • Use of Funds: Expand open banking solutions
  10. BankTech Ventures:
    • Investments: Equabli, Filejet, Monit
    • Focus: Solutions for community banks, manage recovery lifecycle, compliance, and digital CFO features for SMBs
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