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
OnPay, a provider of payroll, HR, and benefits solutions, secured $63M in Series B funding led by Carrick Capital Partners.
Matic Insurance, a provider of an insurtech platform, raised $30M from Vistara Growth.
ThreatMark, a fraud prevention platform, secured $23M in a funding round led by Octopus Ventures, and Riverside Acceleration Capital.
Fazeshift, an AI agent for accounts receivable, raised $4M in seed funding led by Gradient, with participation from Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and Phoenix Fund.
MilkStraw AI, an optimization platform that uses AI to manage AWS expenses for businesses, raised $600K in a Pre-Seed funding round led by Flat6Labs, with participation from AngelSpark and Beyond Capital.
Lydia AI, a risk management and product development solutions for health insurers, raised an undisclosed amount of investment from Kickstart Ventures.
EUROPE
NomuPay, an international payment receiving and invoicing solutions for businesses, raised a $37M funding round led by Endeit Capital.
nsave, a multi-currency prepaid card payment service for individuals, raised €17.5M in Series A round funding led by TQ Ventures with participation from Sequoia Capital, Y Combinator, and ACE Ventures.
One Stop Business Finance, a lending platform for SMEs, has secured a $12.5M funding from the UK-based Hampshire Trust Bank.
Lava Network, a blockchain infrastructure protocol, completed a $12M fundraising round by iAngles, Animoca Brands, Gate.io Ventures, and CoinGecko Ventures.
Nevermined, a provider of AI payment infrastructure for AI-to-AI transactions, raised over $4M in funding led by Generative Ventures, with participation from Polymorphic Capital, NEAR, Halo Capital, Factor Capital, and Lyrik Ventures.
Minte.ai, an AI-powered company that provides a solution for claims settlement by insurance companies, has obtained $486.2K in financing from a private investor.
APAC
Endowus, a digital wealth advisory platform, closed a $17.5M funding led by Prosus Ventures, UBS, and MUFG.
SoSoValue, an AI-driven cryptocurrency investment research platform, raised $15M Series A led by Mirana, SafePal, HSG, and SmallSpark.
GrayQuest, a payment platform for educational institutions, raised $9.3M in its Series B round, led by IIFL Fintech Fund, and Pravega Ventures.
hBits, a commercial real estate investment platform, raised $4.7M in its Series A funding round from Capricon Realty Private Limited.
RZOLUT, a compliance and risk management platform company, raised a round of $1.3M angel funding led by Green Trunk Ventures.
Stay tuned and follow us for more updates throughout the year.