
Algarve, Portgual
Hello Fintech Friends,

Please find another week of fintech financing events below. (PS: Have feedback for us? 👍👎 Let us know!)
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💸 Venture Financing
Credgenics, an Indian debt collection software, raised $50 million at a $340 million valuation.
Persefoni, a climate accounting platform, raised a $50 million Series C1.
Endowus, a Singaporean wealth management platform, raised a $35 million round.
Moove, an African provider of vehicle financing to shared ride drivers, raised $28 million in new equity at a $550 million valuation and $10 million in venture debt.
Rightfoot, a password-less financial data connectivity startup, raised a $15 million Series A.
Chargeflow, an AI platform for fighting merchant chargeback fraud, raised $14 million across two seed rounds.
Ivix, an artificial intelligence-based platform to detect tax evasion and other financial crimes, raised a $12.5 million Series A.
SphereX, a smart contract security provider, raised an $8.2 million seed.
Treasure Financial, a treasury management technology provider, raised $7.5 million.
Parcha, an AI agent meant to help fintech teams scale, raised $5 million.
Kore, a UK software that enables large financial institutions to fast track regulatory compliance, raised £2.4 million.
Cubo, a LatAm payment services platform for small businesses, raised $750,000 from the InterAmerican Development Bank.
Mnaara, a UK-based Shariah-compliant investment platform, raised a $500,000 pre-seed.
Intanify, a software to help companies identify, categorize and value intangible assets, raised £410,000.
💵 Debt Financing
SumUp, a UK provider of advance payments to merchants, secured a $100 million credit facility for its new cash advance product.
💰 Venture Funds
Fintech venture capital investor Ribbit reportedly raised a tenth fund of $800 million.
Excel is still the default. pic.twitter.com/ByMoiGzHF4— Michael Jenkins (@MJenkins88) August 8, 2023


