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The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

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Thailand's Ascend Money raises $195M (TWIF 7/6)

Thailand's Ascend Money raises $195M (TWIF 7/6)
On the road to Herat, Afghanistan

Hello Fintech Friends,

Our LatAm team is excited to announce our next Fintech Happy Hour in São Paulo, in collaboration with Ensemblex and our local community members, Adrielle and Julia.

When: Tuesday, July 16 at 6PM

Where: WeWork Paulista 1347

Hosts: TWIF & Ensemblex

TWIF x Ensemblex São Paulo Fintech Happy Hour · Luma
This Week in Fintech is back in São Paulo for a great night of insightful conversations and networking. This time, we’re partnering with the Ensemblex team to…

Our friends at Rutter are also hosting their next Operators Salon in NYC:

NYC Founders & Operators Salon: Building Next-Gen Finance Tech Stack for SMBs · Luma
For too long, SMBs have relied on outdated, manual methods for forecasting, budgeting, expense management, invoicing, taxes and other critical financial…

Please find another week of fintech financing events below. (PS: Have feedback for us? 👍👎 Let us know!)


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💸 Venture Financing
  • Ascend Money, the Thai fintech whose TrueMoney super app offers a suite of financial services, including e-payment, lending, BNPL, investment and insurance, raised $195 million from investors including bank MUFG.
  • Lombard, which lets users earn interest for "restaking" with Bitcoin to other crypto networks, raised $16 million.
  • Bling, a German family-focused finance app, raised a $12 million Series A.
  • TRIVER, a small business working capital provider, raised £2.5 million.
  • Trever, a German operating system for buying and selling digital assets, raised a €2.4 million seed round.
  • Currensea, the British provider of a travel debit card, raised £1.7 million via crowdfunding.
  • Togetherwork, a provider of software and payment solutions to groups and organizations, received a strategic investment from Park Square.

💵 Debt Financing
  • Simply Asset Finance, a startup that provides small business lending, secured a loan facility worth up to $120 million from Bank of America.

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