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The Front Page of 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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After CartaX, Nasdaq Private Market raises a B (TWIF 2/10)

After CartaX, Nasdaq Private Market raises a B (TWIF 2/10)
The Fintech Formal

Hello Fintech Friends,

Our friends at Better Tomorrow Ventures are still accepting applications in their fintech accelerator, The Mint!

One of our portofolio co's at The Fintech Fund, Easy Expense, joined the program last year and had great things to say. You can apply below:

the mint
The Mint by BTV: the fintech accelerator minted just for you. Join the most comprehensive and supportive program for fintech founders.

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


📊 Stat of the Week
💸 Venture Financing
  • Nasdaq Private Market, the private company share marketplace created via Nasdaq's acquisition of SecondMarket that spun out in 2021, raised a $62.6 million Series B.
  • Pennylane, a French financial management and accounting platform for startups, raised €40 million at a €1 billion valuation.
  • ProducePay, a capital provider for agricultural producers, raised a $38 million Series D.
  • Oobit, a mobile payments app for crypto-to-fiat purchases, raised a $25 million Series A.
  • Tuum, an Estonian core banking provider, raised a €25 million Series B.
  • Overflow, a startup enabling charitable organizations to accept stock and crypto donations, raised a $20 million in Series B.
  • Traive, a Brazilian AI risk analysis and credit trading platform for agriculture, raised $20 million.
  • Adroit Trading, an execution management system for buy-side desks, raised a $15 million Series A.
  • Closinglock, a confirmed payment provider to prevent fraud in real estate transactions, raised a $12 million Series A and $4 million seed round.
  • Finally, an AI for small business accounting insights (below), raised $10 million
  • Mesh, a B2B identity provider for marketplaces and financial services, raised a $5.7 million seed.
  • OTO, an Indian vehicle finance platform for two-wheelers, raised $10 million.
  • Velar, a perpetual swaps exchange for bitcoin DeFi, raised $3.5 million.
  • Code, a digitally-native self-custodial micropayments platform, raised a $6.5 million seed round.
  • Bankwell, a generative AI tool for small business lending, raised $3.9 million.
  • Cashinvoice, an Indian supply-chain finance platform, raised a $3.4 million Series A.
  • Rize, a Saudi rent-now-pay-later monthly installment provider, raised a $2.9 million seed round.
  • Pluto.markets, a Danish challenger neobroker and investing platform, raised $2.6 million.
  • SUMA Wealth, a provider of financial health and wealth management for 1 million+ young Latinos, raised $2.2 million.
  • Axiology, a decentralized ledger securities trading and settlement infrastructure provider, raised €2 million.
  • docStribute, a distributed ledger technology for financial services client communications, raised £820,000.
  • Teamfront, a business management software and payments solutions, with $2.2 billion in invoicing volume, received a growth investment from private equity firm Mainsail.
finally, expense management

💵 Debt Financing
  • Co-branded credit card provider Imprint raised a new credit facility from Silicon Valley Bank.

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