- Prometeo’s $13M Series A Funding:
- Uruguay-based start-up Prometeo secures $13 million in a Series A funding round led by Antler Elevate.
- New investors include PayPal Ventures and Samsung Next, with participation from existing backers Cometa and Magma Partners.
- Prometeo offers embedded banking software for global businesses to connect with Latin American financial institutions.
- Plans to use funds to expand multi-banking data and payments offerings in the region.
- Zeal’s $4M Funding Round:
- Egyptian fintech start-up Zeal raises $4 million in a funding round led by Raed Ventures and Cur8 Capital.
- Provides point-of-sale solutions to boost customer engagement and loyalty for payment acquirers and merchants.
- SmartPOS Plugin identifies, segments, and retargets in-store customers, expanding across the EMEA region.
- Detected Secures Additional $2.5M:
- UK and US-based Detected, offering onboarding technology for payment companies, raises $2.5 million.
- Funding includes support from Thomson Reuters Ventures and Love Ventures, bringing total seed funding to over $10 million.
- Funds to be used for product development and the launch of new features, emphasizing progress and growth.
- Finbridge Global’s £500,000 Investment:
- UK-based Finbridge Global secures £500,000 investment from Industrial Thought, comprising cash and strategic support.
- The platform helps financial institutions search for and compare potential fintech partners based on specific requirements.
- Funding to cement positioning, build strategic partnerships, and encourage adoption in the UK, with plans for global expansion in 2024.
ICYMI fintech funding round-up: Prometeo, Zeal, Detected and Finbridge Global
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