Hello Fintech Friends,

In spite of the swoon in late-stage tech valuations, 32 fintech companies announced fundraises this week - with 10 of them over $100 million.

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Please find another week of fintech financing events below.

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Women-founded startups in Latin America raised $4 billion in 2021.

April fintech funding hit a 12-month low.

💸 Venture Financing

1. Paddle, a billing automation tool for software products, raised $200 million at a $1.4 billion valuation.
2. Habi, which provides financial services and a brokerage to Colombian homebuyers, raised a $200 million Series C at a $1 billion valuation.
3. Neo Financial, a Canadian neobank, raised $185 million at a $1 billion valuation and reached 1 million customers.
4. Chainalysis, a crypto forensics provider, raised $170 million at an $8.6 billion valuation.
5. KuCoin, a southeast Asian crypto exchange, raised a $150 million pre-Series B at a $10 billion valuation.
6. Opn, a Japanese digital payments processor, raised a $120 million Series C+ at a $1 billion valuation.
7. Dock, which is building financial infrastructure in Brazil, raised $110 million at a $1 billion valuation.
8. Interswitch, an African payments provider, raised $110 million at a $1 billion valuation.
9. TIFIN, an investing platform, raised a $109 million Series D at an $842 million valuation.
10. Talos, an institutional digital asset trading platform, raised a $105 million Series B at a $1.25 billion valuation.
11. Mashgin, a touchless self checkout provider, raised a $62.5 million Series B at a $1.5 billion valuation.
12. Paymob, an Egyptian digital merchant payments platform, raised a $50 million Series B.
13. BVNK, a banking services provider for crypto companies, raised a $40 million Series A.
14. Token.io, a European open banking account-to-account payment provider, raised $40 million.
15. Jambo, a Congo-based web3 app providing access to play-to-earn games, raised $30 million.
16. Oasis Pro, a trading system for digital assets, raised a $27 million Series A.
17. Infinicept, an embedded payments provider, raised $23 million.
18. MARA, a pan-African crypto exchange, raised $23 million.
19. Tumelo, a UK shareholder voting app, raised a $19 million Series A.
20. Altro, a platform that lets users build credit by paying their subscriptions, raised an $18 million Series A.
21. Ness, an app to reward users for healthy financial behavior, raised a $15.5 million seed round.
22. Cushion, a bank and credit card fee negotiation provider, raised a $12 million Series A.
23. Crowdz, a blockchain-powered invoice financing marketplace, raised $10 million.
24. Elucidate, a German financial crime risk management platform, raised $8 million.
25. Meld, a full fintech-stack-as-a-service platform, raised an $8 million seed and came out of stealth.
26. Paper, a payments processing platform for onboarding users into NFTS, raised a $7.3 million seed and $2 million angel round.
27. Sudozi, a software to automate finance team workflows and improve spend decisions, raised a $4.3 million seed round.
28. Assetplus, an Indian financial advisor and mutual fund platform, raised a $3.6 million seed round.
29. Identitypass, an African identity verification API for financial products, raised a $2.8 million seed round.
30. Luxus, an investment platform for rare gems, raised a $2.5 million pre-seed.
31. SaaScada, a native core banking platform provider, raised £2.5 million in seed funding.
32. Spades, a UAE-based restaurant bill payment app, raised $2.5 million.

(Source)

💰 Venture Funds

• UK-based Fasanara Capital raised a $350 million fund to invest exclusively into fintech.

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