Weekly, we cover the latest pivotal moments of the FinTech industry you need to know about deals to acquisitions, which form the global industry landscape. Dive into June 17-23d highlights below.
NORTH AMERICA FINTECH DEALS
Cadana, a US payroll fintech, has raised $7.4m during a recently completed Seed round led by Costanoa Ventures,
Numerated, financial SaaS, has secured an undisclosed investment from the US bank Citi.
LATAM FINTECH DEALS
Clip, a Mexican fintech unicorn, has raised $100m in a financing round from Morgan Stanley Tactical Value.
Ximple, a startup dedicated to closing the financial inclusion gap in Latin America, has secured $2.7m from BoostCapital Partners, Clocktower Technology Ventures, Graph Ventures, 99 Startups and Lotux. VC.
Celcoin, banking-as-a-service, raised $120m in a Series C led by Summit Partners.
Moonflow, a debt collections software, has raised $1.74m from TheVentureCity.
BioCredit receives a $200k investment from Google.
EUROPE
Revolut is aiming to become the most valuable start-up in Europe with a target valuation of $40 billion, according to Financial Times.
CleverCards, a business expense management platform, raised €8m in funding led by Pluxee.
Finbourne, a data management platform for asset managers, raised £55m in Series B funding led by Highland Europe and AVP.
Ramify, a wealthtech, raised €11m in Series A funding led by 13books.
Zilch, BNPL, raised £100m in debt funding from Deutsche Bank.
PQShield, a post-quantum cryptography startup, announced a $37m Series B funding round led by Addition.
Prosper, a wealthtech, has realized its £800k Crowdcube target and is still open for overfunding.
Hawk, an AI-powered fraud prevention and anti-money laundering solution, has announced an undisclosed extension of its Series B funding round.
Zodia Custody, a digital asset custodian, has bagged an undisclosed investment from NAB Ventures.
Ageras, an accounting software fintech, has entered into an exclusive agreement with Societe Generale to acquire Shine, a banking and accounting software provider for SMEs.
Stay tuned!
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