Posts Tagged ‘Funding’
LemFi raises $33m in Series A round to expand product offering
The fintech will use the proceeds from Left Lane Capital, and other investors, to serve more immigrant communities in the US, Europe, the Middle East and Asia.
Read MoreCanadian fintechs see dive in investment in H1 2023
KPMG in Canada said that recession fears are behind the decline in investment in Canada’s fintechs to $353.7 million across 57 deals.
Read MoreNigeria’s Moove raises $76m to ‘double down’ on profitable markets
Mubadala and BlackRock have backed the mobility fintech, which provides vehicle financing.
Read MoreFintech Rightfoot secures $15m funding to launch consumer-permissioned data product
Rightfoot’s newly-launched ‘Connect Magic’ product requires only the consent of the customer to securely retrieve up-to-date banking and credit data.
Read MoreCordada turns to Thought Machine’s core banking tech to expand in LatAm
The private debt platform will use Thought Machine’s Vault Core to “empower lenders” to fund LatAm SMEs.
Read MorePlaid, Amex Ventures back US card-on-file management platform Knot
Knot has raised $10 million in a Series A funding round, led by Nava Ventures.
Read MorePetal bags $200m debt facility
The US fintech also agreed a new $20 million loan facility and another $20 million in additional equity funding.
Read MoreHSBC to launch embedded finance-focused business with Tradeshift
The planned business is part of a new joint venture that will see HSBC invest $35 million in business commerce platform Tradeshift.
Read MoreGlobal fintech funding takes hit in H1 2023 amid ‘enormous headwinds’
The Americas was the only region to grow fintech funding in the first six months of 2023, while payments fintechs secured the largest share of funding by subsector.
Read MoreJP Morgan backs Tifin’s new fintech launchpad Tifin.AI
US-based Tifin.AI will develop AI-powered fintechs for the wealth management industry.
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