Nala raises $40M Series A to expand into B2B payments (TWIF 7/13)

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💸 Venture Financing

Earned Wealth, a startup that advises doctors on their professional and personal finances, raised $200 million in order to pursue acquisitions.
Nala*, a pan-African remittances platform that is moving from consumer payments into B2B, raised a $40 million Series A.
TBC, an Uzbekistani mobile-first consumer neobank (below), raised $38.2 million.
Canoe Intelligence, a provider of private market data to institutional investors, raised a $36 million Series C led by Goldman Sachs.
Dezerv, an Indian app offering a suite of investment solutions to wealthy consumers, raised $32 million at a $170 million pre-money valuation.
Dash Technology Group, an Australian startup that sells software for financial advisers to digitise their services, raised $22 million.
lemon.markets, which provides digital brokerage and custody infrastructure as a service, raised €12 million.
Scaler, a real estate investment decarbonization platform, raised a $10 million Series A.
Trustap, an Irish payment gateway with an escrow-style payment solution, raised a $5.5 million Series A.
Term Labs, a blockchain auction-based fixed-rate lending platform, raised $5.5 million.
Zeti, a British provider of fintech solutions for clean transport adoption, raised a £5 million Series A.
Adfin, a British invoicing platform for single-owner businesses, raised $4.9 million in seed funding.
Tivita, a Brazilian platform automating payments for healthcare providers, raised $6 million.
Accend, an onboarding and risk assessment startup for B2B fintechs, raised $3.2 million.
Niva, a global business identity platform, raised $3.3 million.
FreeBnk, fintech app offering services for crypto investors, raised $3 million.
HeyMax, a Singaporean payments and loyalty platform, raised a $2.6 million seed round.
Idle, a DAO providing yield automation and hedging tools for the decentralized finance market, raised $2.4 million.

“…a secondary share sale could value Revolut at $40 billion, placing it between NatWest $NWG ($34 billion) and Barclays $BARC ($41 billion) among the UK’s most valuable financial institutions; it already has more customers than either of them, surpassing 40 million compared with… pic.twitter.com/VgHamk6Etq
— Jevgenijs Kazanins (@jevgenijs) July 11, 2024