Check out the key deals, funding rounds, milestones, and changes in the global fintech landscape, curated by our team.
NORTH AMERICA
Federato, a San Francisco provider of an AI-native underwriting platform for insurance, raised $40M in Series C funding led by StepStone Group, with participation from existing investors, including Emergence Capital, Caffeinated Capital and Pear VC.
OneChronos, an online financial exchange, has raised $32M in a recent funding round from an undisclosed investor.
Osyte, a developer of an AI-powered multi-asset portfolio management technology, raised $4M funding led by Moneta Ventures, and includes participation from fintech investors SixThirty Ventures, Altari Ventures, and Tacoma Venture Fund.
EdfaPay, Saudi Arabia's diversified payment acceptance solution for businesses, has secured a $5M pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment.
StoreCash, a NYC-based provider of a cashback and financial mobile application, raised $3.7M in Seed funding, led by Black Operator Ventures, with participation from returning investor MaC Venture Capital, 43North, Alumni Ventures, Buffalo Angels, and Mucker Capital.
OpenYield, a NYC-based online platform for modern bond exchange, raised an undisclosed amount in new funding led by Canapi Ventures, with participation from Clocktower Ventures, Flow Traders, Fin Capital and TD Bank.
Empyrean Solutions, a cloud-based AML management software for financial institutions, received an undisclosed investment from Hg.
Kintsugi AI, a tax automation platform, has extended its Series A with an additional investment from Airwallex, bringing the total funding to $10M.
ModernFi CUSO, an online deposit marketplace for banks and financial institutions, closed of its latest funding with new investment from credit unions ABNB Federal Credit Union, Ascend, Corporate One, Georgia's Own, ICCU, IH Mississippi Valley, Royal, SAFE, Service, and Suncoast.
EUROPE
CellPoint Digital, a UK-based provider of payment solutions to the airline and travel industries and a global developer of payment orchestration solutions, raised $30M in funding led by Toscafund and Penta Capital.
Qplix, a SaaS-based wealth management software, raised €25M from Partech Partners.
Cardo AI, an Italy-based provider of an asset-based finance and private credit technology platform, raised $15M in Series A funding led by Blackstone Innovations Investments, FINTOP Capital and JAM FINTOP in participations with Andy Horwitz and Kevin MacDonald.
LAKE (LAK3), a platform offering cryptocurrency utility tokens, has secured $12.4M in funding from EMB Venture Capital.
Kodiak Hub, a supplier relationship management (SRM) platform, has secured €6M in series B funding from Oxx.
Calvin Risk, a Swiss AI governance start-up, has received $4M in seed funding from Join Capital, and seed + speed Ventures.
Quantoz, a blockchain-based software tools and applications, raised an undisclosed amount of funding from Tether, alongside Kraken and Fabric Ventures.
LATAM
Addi, the Colombia-based fintech platform for integrated payments, shopping and banking, secured a $100M conventional debt from Victory Park Capital.
Pravaler, an education financing platform, raised $75M in Credit Rights Investment Funds (FIDCs).
minu, a Mexico-based employee wellness platform provider, raised $30M in Series B funding led by Next Billion Capital Partners, Flourish Ventures, Promotora Impact Ventures, Endeavor Catalyst, Clocktower Technologies and Working Capital Fund.
Solvento, an online platform for invoice financing, has raised $12.5M in a Series A funding round led by venture capital firm Cometa.
APAC
UPSIDER, fintech company offering a corporate card solution for businesses, raised $35.6M in Series D funding round and $64.2M in conventional debt led by Tencent, Japan Airlines, SuMi TRUST Innovation Fund, Hokuriku Region Venture Investment Limited Partnership, Global Brain, Mizuho Capital, Mitsubishi UFJ Capital, ANRI, DNX Ventures, SMBC Venture Capital.
bolttech, insurance as a service solution for businesses and individuals, secured a $50M venture debt from HSBC.
VoloFin, a blockchain-based platform for invoice financing, secured $50M in funding from an undisclosed major US bank.
Zopper, an insurtech firm, raises $25M Series D funding led by Elevation Capital, Blume Ventures, and Dharana.
TBC Bank Uzbekistan, an app-based internet-first bank, raised $10.0M of conventional debt from The European Bank for Reconstruction and Development (EBRD).
Mocaverse, a platform offering an NFT collection of beings called Mocas, raised $10M Series A Funding led by Animoca Brands with participation by OKX Ventures, CMCC Global, Hong Shan (formerly Sequoia China).
CredFlow, an Indian account receivable solutions for businesses, has raised $3.7M in a recent pre-series B funding round, led by existing investors Inflexor Ventures.
PeLocal, an automated payment collection solution for businesses, secured $2M funding led by Unicorn India Ventures.
MENA
Amenli, an insurtech broker, has raised $2.3M in a new funding round led by the European Bank for Reconstruction and Development (EBRD) with participation from Y Combinator.