Friday, October 18, 2024
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ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more

ICYMI Funding Round-Up

  1. Lemon.markets:
    • Amount: €12 million seed extension.
    • Lead: CommerzVentures.
    • Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
    • Purpose: Expand Brokerage-as-a-Service platform across Europe by 2025.
  2. Trustap:
    • Amount: $5.5 million Series A.
    • Lead: TX Ventures.
    • Other Investors: Aperture, SeedX, Partners Resolute, ACT VC, Atlantic Bridge, FurthrVC, MiddleGame Ventures.
    • Focus: Global expansion of transaction gateway to prevent scams, enhance market partnerships.
  3. Adfin:
    • Amount: $4.9 million seed funding.
    • Lead: Index Ventures, Visionaries Club.
    • Notable Angels: Co-founders of Mambu, Checkout.com, Pledge, Tiller.
    • Objective: Develop invoice management and payment system to simplify bill payments.
  4. Accend:
    • Amount: $3.2 million.
    • Lead: Adverb Ventures.
    • Support: General Catalyst, Y Combinator, 645 Ventures, business angels from Carta, Brex, Stripe.
    • Purpose: AI-driven risk assessment to streamline customer onboarding for fintechs and FIs.
  5. Care.fi:
    • Amount: $2.6 million.
    • Investors: Trifecta Capital, UC Inclusive Credit.
    • Usage: Expand operations, scale loan book, increase staff for healthcare financing solutions in India.

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