Stay informed and inspired by the latest developments in the global fintech landscape. Each week, we highlight key deals and funding rounds, so you always have the freshest information at your fingertips. Here are the major updates for the last week:
NORTH AMERICA
Lynx, a provider of fintech solutions in the healthcare industry, raised $27M in an oversubscribed Series A round led by Flare Capital Partners, with participation from McKesson Ventures, .406 Ventures, Frist Cressey Ventures, Obvious Ventures, and corporate investor CVS Health.
Monograph, a budget tracking solutions provider for architecture, landscape, and interior firms, raised $20M in a Series B round led by Base10 Partners.
Jump, a client management and notetaking platform for financial advisors, raised $20M in funding led by Battery Ventures, with participation from Citi Ventures, Sorenson Capital, and Pelion Venture Partners.
Cognida, an AI-powered suite of business intelligence solutions specializing in data analytics, raised $15M in a Series round led by Nexus Venture Partners.
Reservoir, an NFT marketplace engine enabling the next generation of NFT products, raised $14M in funding, led by Archetype, with participation from 1kx, Square Peg Ventures, Union Square Ventures, and corporate investors Variant Fund and Coinbase.
Qount, a provider of project, accounting, and document management software, raised $17M in funding led by Savant Growth, with participation from Kennet Partners.
Model ML, an AI-powered tool for businesses, raised $12M in a Series A round led by LocalGlobe, with participation from Y Combinator.
Trayd, a construction payroll platform offering same day pay and automated payroll services, raised $4.5M in a seed round led by Y Combinator, with participation from Suffolk Technologies and Bloomberg Beta.
ZeroRisk, a platform providing an end-to-end merchant portfolio risk and compliance management system, raised $4M in funding, led by Elkstone.
Scout, an online platform for investing in eco-friendly brands and women-led companies, raised $2.6M in seed funding, led by Andy Katz.
NovaData Solutions, a platform for automated invoice review and processing for property claims, raised $415K in funding, led by unknown investors.
Krista, an AI-based risk management software for enterprises, raised undisclosed funding in a Series A follow-on round led by Savant Growth, with participation from Grotech Ventures, Seyen Capital, and 4S Bay Partners.
EUROPE
Solaris, a provider of an open banking platform with a banking license, raised $145M in a Series D round led by SBI Group, with participation from boerse-stuttgart.com.
Wealthon, a lending firm offering installment loans, bridging loans, and POSCASH to individuals and businesses, raised $121M in funding led by Fortress Investment, with participation in conventional debt.
Taproot Wizards, a platform offering a collection of JPEGs inscribed on the Bitcoin blockchain, raised $30M in a funding round led by Standard Crypto, with participation from Collider and MASTERKEY.
Fimple, a developer of a cloud-based core banking platform, raised $12M in a Series A round led by DN Capital, with participation from SmartFin, APY Ventures, and Tera Portfolio.
Wealthon, a lending firm offering installment loans, bridging loans, and POSCASH to individuals and businesses, raised $7.28M in a Series A round led by 3TS Capital Partners.
Rho, an on-chain cryptocurrency trading platform, raised $4M in funding led by Speedinvest, with participation from Auros and corporate investors CoinFund and Flow Traders.
INXY, a payment acceptance management platform that enables businesses to accept payments, manage multi-currency processing, recurring payments, mass payouts automation, and fund exchange, raised $3M in a finance round led by Flashpoint VC.
Amarillo Technologies, a provider of solutions for insurers, brokers, and MGAs, raised $2.5M for its insurance data management platform, led by Setar Capital.
Receipts, an accounting and receipt management software, raised $1.74M in a funding round led by Antler, with participation from DNB, OBOS, and SpareBank 1.
DriveX, an AI-powered car inspection software, raised $1.24M in a funding round led by carglass.ee.
Zero, an internet-first bank offering retail banking through partnerships and financial products like accounts and debit cards while tackling climate change, raised almost $1.2M, without known investors.
Onlayer, a platform providing solutions for business risk and performance management, raised $1M in a pre-Series A round led by Global Trust Ventures with participation from Sytze Koolen, and Mehmet Ali Tombalak.
Konsolidator, a cloud-based financial consolidation and reporting software for businesses, raised $305K in a private placement, with participation from unknown investors.
LATAM
Neofin, a business-to-business payments platform for accounts receivable and billing, raised $7M in a seed round led by Quona, with participation from Upload, 17Sigma, farout.ventures, 1616 Ventures, BFF, Canaan, corporate investor Norte Ventures, and angel investors Cesar Carvalho and Patrick Sigrist.
Dinie, an online marketplace for business credit lines, raised $1M in funding led by Paytm.
Kanastra, an alternative investment solution provider offering a suite of IT solutions for alternative investment funds, raised an undisclosed amount in funding led by Kinea, with participation from Itau BBA.
APAC
Cashfree Payments, a provider of diversified digital payments management solutions, raised $53М in a Series B round led by Apis Partners and with participation by Krafton.
HAKKI AFRICA, a provider of financial services, raised $12.7М in a Series A round led by Global Brain, with participation from SMBC Venture Capital and Norinchukin Innovation Fund.
Auxilo, a provider of loans for students and educational institutions, raised $5.71M in debt led by Motilal Oswal.
QuickLend, a provider of lending products and solutions for borrowers, raised $775K in a pre-seed round led by Inuka Capital, with participation from Eximius Ventures, Upsparks Capital, and Growx.
TRADOM, an AI-powered exchange rate forecast and risk management system offering hedging guides and foreign exchange management, raised $451K, with participation from unknown investors.
MENA
Khazna, a digital wallet platform for individuals, raised $16M prior to its Series B funding round, led by Khwarizmi Ventures, with participation from Nclude, Quona, Speedinvest, DisrupTech, SANAD, and corporate investors ICU and AlJazira Capital.
The Game, an AI-driven cloud gaming platform for the web3 industry, raised $10M in funding led by Telcoin, with participation from NodeMarket, HyperCycle, corporate investors BullPerks and SingularityDAO, and angel investor Paul Neuner.
Stay tuned and follow us for more updates throughout the year.