Thursday, November 21, 2024
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ICYMI fintech funding round-up: Safty, Ozone API, WealthKernel and Karty

  • Safty Raises €11.3 Million
    • Danish fintech Safty secures €11.3 million in an investment round led by Upfin.
    • The investment includes participation from experienced finance professionals, including Danske Bank board member Jacob Dahl.
    • Safety utilizes machine learning to aggregate customer data for personalized financial insights.
  • Ozone API Bags £8.5 Million
    • UK-based Ozone API raises £8.5 million in Series A funding led by Gresham House Ventures.
    • Ozone API provides an API platform for financial institutions to implement open banking efficiently.
    • Funds to be used for team expansion and development to support emerging standards in open APIs.
  • WealthKernel Raises £6 Million in Series A Extension
    • WealthKernel, a digital investment solutions provider, secures £6 million in a Series A extension round.
    • Investment led by ETFS Capital and includes participation from XTX Ventures and others.
    • WealthKernel’s investment infrastructure enables quick launch of digital investment services, with recent entry into the US equities market.
  • Qatari Fintech Karty Secures $2 Million
    • Qatari fintech start-up Karty raises $2 million in a seed funding round.
    • Funding involves participation from various local investors.
    • Karty, incubated within the Qatar Fintech Hub, develops an e-wallet offering for managing money and savings with features like comprehensive income control and peer-to-peer transactions.

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