Fundraises

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

Dhërmi, Albania

Hello Fintech Friends,

Coming to Fintech Devcon in Austin? (You should.) We’ll see you there! We are excited to invite you to an exclusive happy hour event, hosted in collaboration with our wonderful partners at Method & Rutter.

Join us for an evening of great conversations and networking with top developers, founders, and investors in the Fintech industry. Escape the Texas heat with refreshing drinks and light bites at Anthem on Rainey St. on Thursday, August 8th from 5:00-7:30pm.

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

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August 7-9, 2024 • Austin, TX • See our full agenda

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FinextraEditorial Team

💸 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