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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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💰Scalable Capital bags €60 million as Robinhood moves into Europe (TWIF 12/9)

💰Scalable Capital bags €60 million as Robinhood moves into Europe (TWIF 12/9)

Hello Fintech Friends,

A huge, huge thank-you to everyone who made our third Fintech Formal such a success last night!

This amazing fintech community is why we do what we do. A special thank-you to all of our great sponsors:

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It feels like there is probably more to this week's story of OpenView shutting down following two senior partner departures and a new $570 million fundraise... It will be interesting to see what emerges.

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In more upbeat news (!) here are some great resources from around TWIF this week:

Signals: Harnessing fintech for refugee empowerment
For globally displaced populations, financial inclusion intersects with a series of other challenges. What fintechs can do to help.

Please find another week of fintech financing events below. (PS: Have feedback for us? đź‘Ťđź‘Ž Let us know!)


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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.


đź’¸ Venture Financing
  1. Koho, a Canadian neobank, raised an $86 million Series D extension.
  2. Scalable Capital, a European stock trading and wealth management app, raised €60 million at a flat €1.4 billion valuation.
  3. Pontera, a platform to analyze, rebalance and monitor retirement funds and other accounts across financial institutions, raised $60 million.
  4. Center, a software company modernizing expense management, raised a $30 million Series C.
  5. Rich Data Co, an Australian AI decisioning platform for bank business lending, raised a new a $28 million round.
  6. Simply Homes, a housing affordability platform for low-income homebuyers, raised $22 million. (Below)
  7. Banxware, a German embedded lending provider, raised €15 million in its latest equity round.
  8. January, a platform working on more humane debt collection, raised a $12 million Series B.
  9. Spade, a transaction categorization API that is expanding into credit card fraud detection, raised a $10 million Series A.
  10. Machinery Partner, a procurement, financing, and support provider for builders and contractors, raised an $8 million Series A and $3 million in venture debt.
  11. Plum, a UK personal financial management app, raised €10 million in strategic funding from Eurobank, with whom it is partnering to expand into Greece.
  12. Necto, a multi-bank Premium API aggregator to power treasury, finance and payment platforms, raised an $8 million seed round.
  13. Helix by HL, a generative AI assistant for private market investing created in a joint venture between TIFIN and Hamilton Lane, raised $6 million at a post-money valuation of $26 million.
  14. Navadhan, an Indian provider of credit underwriting, servicing, and payments to collections, raised a $5 million pre-Series A.
  15. Brinta, a Uruguayan streamlined tax compliance platform, raised $5 million.
  16. Curvance, a DeFi “everything app” for lending and borrowing, raised a $3.6 million seed round.
  17. Solvento, a financial services provider to Latin American fleet and trucking businesses, raised a $3.5 million seed extension.
  18. Bujeti, African corporate card and spend management platform, raised $2 million in seed funding.
  19. tappi, a Kenyan and Nigerian provider of e-commerce software and payment tools, raised a $1.5 million pre-seed.
  20. FrontEdge, a Nigerian fintech which provides SME exporters and importers with the working capital, raised $10 million in combined equity and debt.
  21. AlphaCore, an alternative investments-focused RIA, raised strategic funding from Constellation Wealth Capital.


đź’µ Debt Financing
  • Cross River Bank extended a $150 million credit facility to Best Egg, provider of a loan offered for consumers and integrates with property management systems to allow landlords to provide renters with a flexible payment solution at the point of payment.
  • Liberis, a company creating embedded business finance solutions, secured $112 million in debt financing.
  • Solvento, a payment and credit infrastructure for Latin America's trucking sector, secured a $50 million debt facility from Lendable.
  • Exectras, a company that negotiates down payments and services costs for SMBs, secured $30 million in debt from Tacora.

đź’° Venture Funds
  • Fintech-focused VC Canapi Ventures raised $750 million for its second set of funds.
  • Pennsylvania-based retail bank Fulton Bank committed up to $10 million in the GO PA Fund, a venture fund launched for Pennsylvania-based technology companies


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