Fintech companies secure significant funding rounds to fuel expansion and innovation in various sectors, from securitisation to B2B payments and crypto payments.
Facts
- GenTwo has raised $15 million in a Series A round led by Point72 Ventures, focusing on portfolio diversification and international expansion.
- Momnt, a B2B payment and lending fintech, secured $15 million in investment led by TruStage Ventures to drive transformative changes.
- UAE-based myZoi raised $14 million for affordable remittance services and aligns with UN Sustainable Development Goals.
- Treyd raised $12 million for pay-later solutions in the global supply chain, with a focus on market growth and product enhancement.
- Strise secured €10 million in a Series A funding round for its anti-money laundering intelligence software, targeting European expansion.
- Firstcard, serving college students with banking services, raised $4.7 million to scale its technology infrastructure and offerings.
- Anchor, a Lagos-based Banking-as-a-Service provider, received $2.4 million to enhance compliance and expand into new markets.
- Kotani Pay, a Nairobi-based crypto payments start-up, secured $2 million to expand into neighboring African markets while ensuring regulatory compliance.