At MD Finance, we know the fintech world never stops evolving and how easily you can miss out on crucial funding updates. That’s why we bring you our weekly funding roundup—a carefully curated summary that gathers all the essential news in one place. Stay informed and ahead of the curve with our comprehensive updates.
NORTH AMERICA
Bilt Rewards, a loyalty fintech, has secured $150m, and elevated its valuation to $3.25bn.
GeoWealth, a wealth management technology for investment advisors and institutional investors, has secured an $18m growth investment led by global asset manager BlackRock.
FranShares, a platform for franchise investing, has landed $4.1m in seed funding led by Chicago Ventures.
LATAM
Aviva, a Mexican "phygital" (physical + digital) financial platform for the underbanked and micro businesses, has raised $5.5m in seed funding from Krealo and others. It’s Mexico's biggest seed stage round of the year. Congrats!
Crediko, a provider of educational loans, recently closed its seed investment round for USD $2.5m, led by Graven Group.
Digitt, a fintech offering credit card debt refinancing for prime borrowers in Mexico, today announced the launch of a $50m credit facility with CoVenture Management, LLC.
EUROPE
Female Invest, an app and community for women to learn about investing and personal finance, raised €10.3m in Series A funding from Educapital and Rubio Impact Ventures.
Epum, a data analytics and research platform for the commercial real estate sector, raised €1.47m in pre-seed funding led by Curiosity VC.
Payt, a SaaS platform that automates the process of businesses getting money from customers who’ve received goods but not paid for them yet, raised $55m in funding from Partech.
Primary Portal, which aggregates and digitises equity capital market processes for banks and asset managers, raised £7.5m in Series A funding led by DB1 Ventures.
Alps Blockchain, a startup that builds and operates mining farms, raised €105m in funding. Azimut Group led the round.
Tset, a carbon accounting software startup, raised €12.7m in Series A funding from investors including Carbon Removal Partners, Brose Ventures and Ingenics.
Obconnect, open banking fintech, has bagged a £10.5m investment from UK paytech PayPoint.
Bourgeois Boheme (BoBo), a fintech targeting high-net-worth individuals with the promise of instant transactions of up to €1m, has closed a €6.5m seed round led by Graphit Lifestyle.
REST OF THE WORLD
Philippines-based fintech Mynt (Globe Fintech Innovations) has seen its valuation rise to $5 billion after securing a $393 million investment from MUFG Bank, and another $393 million investment from Ayala Corporation.
UAE-based fintech Mamo has secured $3.4 million in its latest funding round, bringing the total capital raised by the company to $13 million, in a round was led by Cyfr Capital, 4DX Ventures, and the Dubai Future District Fund.
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