This Week in Fintech (8/20)

This Week in Fintech (8/20)

Hello Fintech Friends,

💼 We could not be more excited to have business identity provider Middesk join us as a Gold Sponsor for the Fintech Formal this year!

📰 Content Announcement: We’re splitting up this newsletter, which comes out on Fridays, Saturdays, and Sundays, into three separate sections:

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Please find another week of fintech financing events below.


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) and see our primer on how we make introductions to friendly VCs and debt providers.

Are you a fintech angel investor? Come join our syndicate.



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If you’re looking to hire from a group of 10,000+ smart, motivated fintech professionals, come pick up a Collective Pass and post a job here.

🚂 UK payments orchestration platform Paytrix is looking for a Back-End Engineer.

If you’re looking for your next adventure at one of the best fintech companies, check out the open roles here and sign up to be matched with Fintech companies here!


💸 Venture Financing
  1. DANA, an Indonesian digital wallet provider, raised $250 million.
  2. AtoB, a trucking and fleet payments provider, raised $75 million in new equity at an $800 million valuation and $80 million in lending capital.
  3. Boulevard, a payments and booking platform for beauty and wellness salons, raised $70 million.
  4. Super, an alternative to card payments for merchants, raised £22.5 million.
  5. Jar, an Indian savings app, raised $22.6 million.
  6. Dezerv, an Indian wealth management startup, raised $21 million.
  7. Pomelo, an overseas payment provider, raised a $20 million seed round and $50 million in lending debt.
  8. Agora, a real estate investing platform, raised a $20 million Series A.
  9. Arc, a neobank for high growth SaaS startup, raised a $20 million Series A.
  10. FOMO Pay, a Singaporean digital banking provider, raised a $13 million Series A.
  11. Unstoppable Finance, which is building a decentralized finance wallet for the EU, raised €12.5 million.
  12. Primitive, a decentralized finance AMM and infrastructure provider, raised a $9 million Series A.
  13. Rocketplace, an asset management platform for crypto, raised a $9 million Seed III round.
  14. Highbeam, a neobank for people building e-commerce brands, raised $7 million in seed funding.
  15. Penfold, a UK digital pension provider, raised a £7 million Series A.
  16. Ansible, a startup building a blockchain-based payments platform, raised $7 million in seed funding.
  17. Pastel, a Nigerian bookkeeping platform for merchants, raised a $5.5 million seed round.
  18. BankiFi, a UK embedded small business banking platform, raised £4 million to expand into the US.
  19. ClaimLogiq, a healthcare payment integrity platform, raised funding as part of a recap.
💵 Debt Financing
💰 Venture Funds
  • Financial Venture Studio closed $40 million for its second fund.
  • Global Alternative Investment Management LLC launched a qualified purchaser fintech fund with $1.9 million raised.

Pssst - if you like early-stage fintech investing, come join our angel syndicate.