Catch up on the latest fintech deals and market trends with our team's quick updates. We’ve got the inside scoop on all the innovations and shifts you need to know!
NORTH AMERICA
Savvy Wealth, wealth tech, has secured $15.5 million in a Series A-2 funding round led by Canvas Ventures.
Octane, a New York-headquartered fintech built to help individuals access financing for “major recreational purchases”, has bagged a $50 million Series E funding round, with Valar Ventures leading the funding and Rhode Island-based VC firm Upper90 also contributing.
Layer2 Financial, a Canadian payments infrastructure start-up, has bagged $10.7 million in a Series A funding round.
LATAM
Stori, a Mexican fintech unicorn, has secured a new $212 million investment in a combination of equity and debt financing.
EUROPE
CloudPay, a UK-based global payroll and payment solutions provider, has secured a $120 million funding round led by New York-based asset manager Blue Owl Capital.
Mintos, a Latvian multi-asset investment platform, has concluded a €3.1 million in crowdfunding campaign on Crowdcube.
United Fintech, a London-headquartered global acquisition platform, has received an undisclosed amount of funding from Standard Chartered.
REST OF THE WORLD
Rich Data Co (RDC), an Australian platform enables banks to apply explainable AI, has extended its Series B funding round, securing a $9 million investment from Acorn Capital.
Qardy, an Egyptian fintech start-up, has completed an unspecified “seven-figure” pre-seed investment round backed by Vastly Valuable Ventures and White Field Ventures.
Neo Group, a Mumbai-based wealth and asset management startup, has raised $48 Mn in Series B led by Japanese lender MUFG Bank along with New York-based Euclidean Capital.
Infinyte.Club, a Bengaluru-based wealth tech, has raised $3.6 million in a funding round led by Elevation Capital.
Square Insurance, a Jaipur-based insurance broking startup, has raised $3 million in funding led by early-stage investor BizDateUp.
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