Fintech funding

PhotonPay is a Hong Kong-based fintech company that has raised $40 million in Series C funding. The round was led by Blockchain Capital. The company operates in the fintech sector.

FinMaq is a Colombian fintech company that provides machinery and equipment financing to small businesses and independent workers. They offer loans, leasing, and aftersales services through a digital platform that uses credit assessment models for customers with limited credit history. This Series A funding will be used to expand into new business segments and increase loan disbursements.

Archa is a fintech company that provides businesses with corporate cards and expense management software. They offer configurable spending limits, automated receipt capture, and accounting reconciliation. This funding round combines equity and debt to expand their working capital offerings to Australian businesses, differentiating themselves by providing credit without personal guarantees.

Wealthsimple is a Canadian financial services company that offers investment management, savings, and spending products. It aims to simplify financial management for Canadians by providing a user-friendly platform that caters to both individual and business needs.

Bluevine is a fintech company that provides digital banking, payments, lending, and financial management solutions specifically for small businesses. Founded in 2013, it has approximately 175,000 active small-business customers and is set to bring $2.1 billion in deposits to Valley National Bancorp through its acquisition.

Former executives from Revolut have raised $70 million to create a technology platform aimed at addressing the shortage of financial advisors. The platform seeks to enhance advisor reach while maintaining human oversight, targeting a market facing a significant gap due to retiring advisors.

Tradl is an AI-powered trading platform that aims to provide retail traders with institutional-level trading tools. Founded by IIT Guwahati graduates, it combines AI with quantitative analysis to help users screen stocks, analyze markets, and test strategies.

Revolut is a financial technology company that offers a range of banking services including currency exchange, debit cards, and cryptocurrency trading. The company is addressing a looming shortage of financial advisors by raising funds to enhance its advisory services.

Marrow connects AI assistants to insurers' pricing and underwriting systems, providing middleware for insurance sales. The company aims to streamline the integration of AI distribution channels while ensuring compliance and data protection.

Klump was a Nigerian startup offering Buy Now Pay Later (BNPL) services, allowing consumers to make purchases and pay for them over time. Despite raising $1.2 million in funding, the company has shut down after five years of operation.

Scalable Capital is a German digital investment platform and bank based in Munich. It offers services including online brokerage, digital wealth management, and banking services, targeting clients in Germany and several other European countries. The company has rapidly grown its client base and assets under management since its founding in 2014.

Eduvanz is a fintech platform that provides education loans to students in India. The company aims to make higher education accessible by offering flexible financing options. This funding round will help Eduvanz expand its reach and enhance its product offerings.

Cognitive Credit is an AI and data platform focused on credit markets. The company has raised €35.73 million to scale its operations. This funding will likely be used to enhance its AI capabilities and expand its data offerings for financial institutions.

PNB Housing Finance Limited is a registered housing finance company that offers home loans, loans against property, and construction finance products across India. It operates under the regulatory oversight of the National Housing Bank and is promoted by Punjab National Bank.

Slingshot Insurance is an AI-native embedded insurance startup focused on offering small insurance policies that consumers can purchase during other transactions, like booking a flight. The company's software connects businesses with insurers, using AI to streamline data processing and reduce administrative costs for inexpensive policies. They are raising $27 million in seed funding to build out their platform and aim to become a carrier themselves.

Happy Pay is a South African buy now, pay later platform that has launched Happy Ads, an AI-powered performance media platform. It connects merchants with high-intent shoppers, allowing consumers to split purchases into interest-free installments while helping retailers grow through performance-based customer acquisition.

Flutterwave is a payment technology company that provides a platform for businesses to make and accept payments across Africa. It aims to simplify the payment process for merchants and consumers, making it easier to transact online.

Delegance Brokerage is an insurtech startup that has raised $3.1 million in pre-seed funding. The company operates in the insurance brokerage sector, aiming to streamline processes and offer innovative solutions within the industry.

MNT-Halan is a fintech company that provides financial services to consumers and small businesses in Egypt. It focuses on microfinance, consumer lending, and digital payments, catering to those who often struggle to access traditional banking services.

Salmon Group is a tech-driven banking platform focused on expanding financial access across the country. The company aims to accelerate its nationwide growth through innovative financial solutions. This recent funding will support its mission to enhance banking services for consumers.

CapQuest provides software solutions for startups to manage ownership records and employee equity plans. The company serves clients across 11 countries, helping them streamline fundraising transactions and equity management processes.

Prism Data is an AI-powered platform that provides cash flow underwriting for businesses. The company aims to scale its operations with the new funding, likely focusing on expanding its technology and market reach within the financial services sector.

Mogul is a fintech platform founded in 2022 that allows individuals to invest in fractional stakes of single-family residential properties for as little as $250. The company aims to break down financial barriers to real estate investing, mirroring the stock market's fractional share model. This recent funding will be used to expand their property portfolio, scale their team, and further develop their software infrastructure.

Zilch is a British payments unicorn that offers a buy-now-pay-later service. The company is investing in a larger London headquarters to accommodate its continued growth. This expansion signifies a strong trajectory for the fintech firm.

Capri Global Capital is raising capital through a bond issuance. The company is involved in financial services.

Salmon is a fintech company focused on providing motorcycle and MSME loans. This financing round aims to expand their lending operations nationwide.

Meow is a US-based financial technology company that provides a banking platform for startups. The platform supports billions of dollars in assets and payment volume, and aims to help traditional banks compete with fintech companies by offering them access to tested technology. This Series B funding will help scale their platform and establish a strategic partnership with Stifel.

RocketPay is a digital collections startup that has raised Rs 10 crore. The funding will be used to expand into financed device recovery, a niche within the fintech sector focused on recovering assets for lenders.

Fission has closed a $10 million Series A funding round led by Pantera Capital. The company focuses on providing liquidity for tokenized funds. This funding will likely be used to further develop their platform and expand their services in the growing digital asset space.

Validi is a Norwegian startup focused on open finance and financial data services. They aim to scale their operations with the recent funding round. The company operates in the fintech sector, providing solutions related to financial data.

Salary Hero is a financial health platform. The company has secured $7.6M in Series A funding to scale its operations across Malaysia. This funding will support the expansion of its financial wellness services.

Neonomics is a Norwegian open banking provider that facilitates secure access to financial data for third-party providers. The company aims to simplify payment initiation and account information services. This funding round follows significant cost-cutting measures.

Matters is a Stockholm-based startup building an AI-powered consumer bank. They plan to offer everyday banking for a flat monthly fee, with an AI advisor to help users manage their money better. The company has raised $5 million in pre-seed funding to secure licenses, expand across the EU, and grow its team.

Zomint is a wealth management startup offering services to working professionals and families. Investors can start with a monthly SIP of Rs 25,000 or a lump sum investment of Rs 5 lakh. The company assigns each family a personal wealth expert supported by investment research and AI tools. Zomint has raised Rs 36 crore ($3.75 million) in a seed round from Lightspeed and Prime Venture Partners to expand its teams, technology, and investor education.

Cloud9 is a Kenyan neobank enabling cross-border payments and borderless banking for African consumers and businesses. It targets Kenyan entrepreneurs importing goods, addressing slow and expensive traditional banking methods by offering a single mobile account built on stablecoin rails for holding, sending, and receiving money across currencies and borders. The new funding will expand payment corridors, improve the product, launch cards, and grow its user base.

finmid is a Berlin-headquartered embedded lending firm that powers financing for platforms like Wolt and Delivery Hero. They have secured €17m in a Series A extension to grow their asset-finance offering, infrastructure for multiple funding sources, and underwriting capabilities, while expanding into new platform types like mobility and e-commerce.

IMMIX is a London-based AI-native trading firm building FX infrastructure for stablecoin payments beyond the US dollar. They aim to reduce the cost and complexity of stablecoin FX for payment companies by collapsing multiple FX legs into single, directly priced transactions. This funding will help them expand their infrastructure to facilitate instant, frictionless, and scalable global money movement.

Vest Labs is a New York-based prop trading firm that offers a perpetual futures platform for equities, crypto, commodities, and FX. The company is developing its own mobile app and expanding its team to enhance its 24/7 multi-asset support. This pre-seed round aims to fuel this growth and technological development.

Vest is a crypto prop trading startup that has raised $13 million in seed funding. The company operates in the cryptocurrency trading space, providing services for proprietary trading firms. This funding round was led by Portal Ventures.

Zarea has raised $7.22 million in Sukuk financing, indicating a growing trend of Pakistani startups utilizing Islamic finance instruments. This funding round highlights the increasing accessibility of Sharia-compliant financial products for businesses in the region.

Noah is a stablecoin payments startup that has raised a $16 million seed extension. The company focuses on facilitating payments using stablecoins.

Mynt Inc., the parent company of the Philippines' dominant e-wallet GCash, is opening its initial public offering (IPO). Filipinos with a verified GCash account can participate in the IPO.

Capitolis is a fintech company that develops technology for banks and financial institutions to optimize their use of financial resources and improve market efficiency. They have raised $220 million in new financing, including a $120 million Series E equity round, valuing the company at $1.9 billion. The funds will support their recent acquisition of eSecLending and expand their securities lending services.

Figure is a fintech company developing AI-powered lending products. The company aims to simplify and automate the lending process. This funding round will support their ongoing development and expansion efforts.

Asaas is a Brazilian fintech company providing payment, financial management, and credit tools for SMBs. They raised $55.6M through a new FIDC to finance SMB receivables, allowing merchants early access to revenue from installment sales. The company plans to diversify funding sources after receiving a financial institution license.

Nettle is a company aiming to improve the commercial insurance industry by addressing a significant backlog in inspections. This funding round will likely support their efforts to streamline and accelerate these critical processes, potentially reducing delays and improving efficiency for insurers and policyholders.

GCash is a leading mobile wallet and financial services platform in the Philippines. It offers a wide range of services including payments, remittances, and investments. The company is preparing for an Initial Public Offering (IPO).

Umia is a company focused on simplifying the process of launching crypto tokens. They have raised $6.1 million to further develop their platform and services in the cryptocurrency space.