The Front Page of Global Fintech

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.

Image Description

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.

Image Description

24 fintechs raised new rounds this past week (TWIF 9/23)

24 fintechs raised new rounds this past week (TWIF 9/23)
Moonrise Kingdom

Hello Fintech Friends,

Calling all our Atlanta and Mexico City fintech enthusiasts - we'll be in Atlanta for the Lend360 conference on October 3rd:

TWIF Lend360 Happy Hour with Spinwheel & Shearman · Luma
Who: Spinwheel & Shearman What: Lend360 Happy Hour with an open bar & light bites Where: Max Lager’s Wood-Fired Grill & Brewery When: Tuesday, October 3rd at 6:00pm Why: To gather the…

And kicking off FINNOSUMMIT 2023 next week in Mexico City!

This Week in Fintech x BGBG: Fintech Kickoff Mixer in Mexico City 🇲🇽 · Luma
Who: Our Latam Fintech Founders, Operators, & Investors Community What: Fintech Happy Hour for many of us attending FINNOSUMMIT 2023 Where: Ajeno, Av. Álvaro Obregón 126, Roma Nte.,…

It's starting to feel like old times around here, with 24 new fintech fundraises announced this week, two of them for new neobanks, and a big Series A round for our friends at Mesh (formerly Front), where I'm an advisor:

Mesh, which helps people manage their digital assets, raises $22M | TechCrunch
Mesh (formerly Front Finance), a startup developing a service to help customers transfer and manage digital assets like crypto, has raised $22 million in

All of our newly-financed fintech friends will be at the Fintech Formal – will you?

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


📺
Sponsored Content

Seamlessly embed scalable payment, deposit, and lending solutions into your products and platforms with Newline™ by Fifth Third. Newline™ is the modern, embedded payments platform that combines world-class banking, risk management and technology solutions with developer tools and managed services. Learn more at newline53.com.

Want to sponsor a newsletter? See our sponsorship information here.


If you’re an early-stage startup founder raising equity or debt, we may be able to help - come check out our fund, The Fintech Fund (including a link to pitch us). Are you a fintech angel investor? Come join our syndicate.


📊 Stat of the Week

The number of international students using fintech to send and receive money abroad has surged by 91%, according to Revolut. (Source)

💸 Venture Financing
  1. Curve, a UK over-the-top credit card aggregation app, raised a £58 million Series C extension (bringing its total to £133 million) and forecasted 2024 profitability.
  2. ZayZoon, an expedited payments app for employees, raised a $34.5 million Series B.
  3. Plan A, a European carbon accounting startup, raised a $27 million Series A.
  4. Hyperjar, a UK digital wallet and rewards provider, raised $24 million.
  5. Mesh*, a startup developing a service to help customers transfer and manage digital assets like crypto, raised a $22 million Series A.
  6. Flex, formerly Flexbase, a one-stop-shop financial hub for SMBs, raised $20 million in new equity and $100 million in debt.
  7. Fipto, a French treasury management provider, raised a $16 million seed round.
  8. Fuze, an Emirati startup that enables banks, fintechs or enterprises to offer regulated digital assets products, raised a $14 million seed round.
  9. Flashwire, an online banking platform that gives access to crypto, raised a $10 million Series A.
  10. Allocate, a platform allowing wealth managers to invest in venture funds, raised $10 million.
  11. Vero Technologies, a wholesale financing technology and loan servicing platform, raised an $8.5 million Series A.
  12. Lupiya, a Zambian consumer neobank, raised an $8.25 million Series A.
  13. Mural Health, a clinical trial facilitator and payments platform, raised $8 million in seed funding.
  14. CoinScan, a crypto holding analytics and anti-fraud provider, raised $6.3 million.
  15. HealNow, a pharmacy payment startup, raised a $6 million seed.
  16. Enigio, a trade document digitization provider, raised €3 million from Lloyds Bank.
  17. Truewind, an AI-driven accounting startup for small businesses, raised a $3 million seed round.
  18. Octav, a transaction labeling and tax reconciliation platform for DeFi, raised a $2.65 million seed.
  19. Layup, a challenger bank offering prize-linked savings accounts for sports fans, raised a $2.3 million seed round.
  20. Hadrius, which automates SEC compliance for RIAs and broker-dealers, raised a $2 million seed round.
  21. Helix, which aims to bridge the gap between crypto businesses and lending opportunities in the Southeast Asian region, raised a $2 million pre-seed round.
  22. Swallow, a UK-based financial pricing startup, raised a $1 million pre-seed.
  23. Erguvan, a platform for enabling financial institutions to deal with climate change, raised funding from Emirates NBD.
  24. UpSlide, a French firm that works with financial institutions on brand consistency, raised funding.

💵 Debt Financing
  • UK business lender Fleximize raised £136 million in securitised funding from existing investor Goldman Sachs and new lender Citi.
  • Tilta, a German B2B working capital provider, secured a €30 million debt facility.
  • Santander has committed up to €100 million in venture debt for Spanish startups.

💰 Venture Funds
  • HSBC announced plans to offer up to $1 billion in funding for climate-focused startups.

Pssst - if you like early-stage fintech investing, come join our angel syndicate.