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Hello Fintech Friends,
☀️ We’ll be taking a break next weekend (July 7th, 8th, and 9th) but will be back with more great fintech in your inbox the week following!
💂 If you are based in London, join us and our friends at Alloy for the next London Fintech Happy Hour on Thursday 13th July. Register here.
Please find another week of fintech financing events below. (PS: Have feedback for us? 👍👎 Let us know!)
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.
💸 Venture Financing
Cart.com, a provider of commerce, logistics, and payments solutions for B2B e-comm, raised a $60 million Series C at a $1.2 billion valuation.
Unit21, a fraud detection platform for financial services, raised a $45 million Series C.
One Trading, a cryptocurrency exchange spin-out from BitPanda Pro, raised €30 million.
Utu, the provider of a tax-free shopping card for international travelers, raised a $33 million Series B.
Picket, a provider of residential real estate investing technology, raised a $20 million Series B.
Resistant AI, a Czech platform to fight financial crime with AI, raised an $11 million Series A extension.
Alternativ, a digitally-native RIA provider, raised $10 million.
Neutron, a cross-chain smart contract platform for DeFi, raised $10 million from Binance.
Maza, a banking and financial services provider to immigrants in the US, raised an $8 million seed round.
Embat, a Spanish financial planning and treasury management provider, raised €5 million.
JustPaid, a developer of AI-based financial tools for startups and small- and medium-sized businesses, raised a $3.5 million seed round.
Bankingly, a provider of digital channels for financial institutions in emerging markets, raised a $2.5 million Series A1.
Fennech, a UK fintech that automates businesses’ finance processes, raised a £2m seed round from Lloyds Bank.
Gr4vy, a cloud-native payments infrastructure company, secured a multi-million dollar investment from W23, Woolworths Group’s venture capital arm.
Innoviti, an Indian suite of integrated payments APIs, is lookingto raise $25 million at a $350 million valuation.
💵 Debt Financing
Gulp Data, which helps European startups leverage their data to access credit, secured a $25 million lending facility.
This week for the Fintech Frontlines, we highlight @Marcosf0401, Managing Partner at @FiatVen. Marcos sees fintech as the greatest tool for financial mobility and access. As such, he believes that doing good and performing well aren't mutually exclusive.
Congrats on the… pic.twitter.com/h3RrHONFav— This Week in Fintech (@twifintech) June 30, 2023
This week for the Builders Series, we highlight @awxjack, Co-Founder and CEO @airwallex, a place to superpower your savings through passive investing.
As Co-Founder and CEO of Airwallex, Jack is building global financial infrastructure to empower businesses of all sizes to grow… pic.twitter.com/AKPkKl1jFa— This Week in Fintech (@twifintech) June 28, 2023
