- UnaFinancial, a fintech group, plans to raise up to $15 million for a new finance app in the UAE in 2024.
- The funds will be used for IT development, marketing, and technology partnerships for the app.
- The app aims to serve spending, borrowing, and investing needs, starting with an online investment platform.
- UK-based Multifi secures £10 million in initial funding to offer SMEs access to credit.
- The platform charges a monthly fee of 0.3% and an interest rate of 1.99% per month for up to £200,000.
- Singapore’s Triple-A raises $10 million in a Series A round for global currency payments.
- The company is licensed by various authorities and enables currency exchange without volatility risk.
- US-based Credit Genie gets $10 million in funding for its AI-driven personal finance platform.
- It provides financial alerts, budgeting, credit-building solutions, and credit risk prediction.
- Mexican fintech Finerio Connect raises $6.5 million, shifting to a B2B open banking model.
- The funding will be used to develop its open finance platform and expand into new markets.
- Prism Data, a US-based cashflow underwriting and data analytics platform, raises $5 million in seed funding.
- The funds will help expand the team and enhance the product suite to meet growing demand.
