Hello Fintech Friends,
Calling all our Atlanta and Mexico City fintech enthusiasts - we'll be in Atlanta for the Lend360 conference on October 3rd:
And kicking off FINNOSUMMIT 2023 next week in Mexico City!
It's starting to feel like old times around here, with 24 new fintech fundraises announced this week, two of them for new neobanks, and a big Series A round for our friends at Mesh (formerly Front), where I'm an advisor:
All of our newly-financed fintech friends will be at the Fintech Formal – will you?
Please find another week of fintech financing events below. (PS: Have feedback for us? 👍👎 Let us know!)
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If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us). Are you a fintech angel investor? Come join our syndicate.
📊 Stat of the Week
The number of international students using fintech to send and receive money abroad has surged by 91%, according to Revolut. (Source)
💸 Venture Financing
Curve, a UK over-the-top credit card aggregation app, raised a £58 million Series C extension (bringing its total to £133 million) and forecasted 2024 profitability.
ZayZoon, an expedited payments app for employees, raised a $34.5 million Series B.
Plan A, a European carbon accounting startup, raised a $27 million Series A.
Hyperjar, a UK digital wallet and rewards provider, raised $24 million.
Mesh*, a startup developing a service to help customers transfer and manage digital assets like crypto, raised a $22 million Series A.
Flex, formerly Flexbase, a one-stop-shop financial hub for SMBs, raised $20 million in new equity and $100 million in debt.
Fipto, a French treasury management provider, raised a $16 million seed round.
Fuze, an Emirati startup that enables banks, fintechs or enterprises to offer regulated digital assets products, raised a $14 million seed round.
Flashwire, an online banking platform that gives access to crypto, raised a $10 million Series A.
Allocate, a platform allowing wealth managers to invest in venture funds, raised $10 million.
Vero Technologies, a wholesale financing technology and loan servicing platform, raised an $8.5 million Series A.
Lupiya, a Zambian consumer neobank, raised an $8.25 million Series A.
Mural Health, a clinical trial facilitator and payments platform, raised $8 million in seed funding.
CoinScan, a crypto holding analytics and anti-fraud provider, raised $6.3 million.
HealNow, a pharmacy payment startup, raised a $6 million seed.
Enigio, a trade document digitization provider, raised €3 million from Lloyds Bank.
Truewind, an AI-driven accounting startup for small businesses, raised a $3 million seed round.
Octav, a transaction labeling and tax reconciliation platform for DeFi, raised a $2.65 million seed.
Layup, a challenger bank offering prize-linked savings accounts for sports fans, raised a $2.3 million seed round.
Hadrius, which automates SEC compliance for RIAs and broker-dealers, raised a $2 million seed round.
Helix, which aims to bridge the gap between crypto businesses and lending opportunities in the Southeast Asian region, raised a $2 million pre-seed round.
Swallow, a UK-based financial pricing startup, raised a $1 million pre-seed.
Erguvan, a platform for enabling financial institutions to deal with climate change, raised funding from Emirates NBD.
UpSlide, a French firm that works with financial institutions on brand consistency, raised funding.
💵 Debt Financing
💰 Venture Funds
HSBC announced plans to offer up to $1 billion in funding for climate-focused startups.
