Hello Fintech Friends,

The fintech fundraising market is showing signs of life in-spite of the doom-and-gloom of 2023 💪

We’ve had an exciting week at The Fintech Fund, with fund portfolio company Vault announcing its follow-on seed round from our friends at Fin Capital and Gradient, and syndicate portfolio Percent announcing its follow-on Series B from White Star Capital.

We're also excited to partner with Antonella Kamien and the Amazon Web Services team to bring 15 exceptional Israeli and UK fintech founders to New York next week.

Thank you to Andreessen Horowitz, Stripe, Insight Partners, Greylock, Visa, PayPal, Tiger Global Management, QED Investors, Citi, and others for joining us.

And a special thank you to Outpost Ventures, Company Ventures, and Emigrant Bank for hosting us.

👍👎 Have feedback for us? Let us know!

Please find another week of fintech financing events below.

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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.

💸 Venture Financing

1. Zip, the procurement-to-payment platform (not to be confused with the BNPL platform of the same name), raised a $100 million Series C at a $1.5 billion valuation.
2. Smart, a UK employee pension monitoring and management startup, raised a $95 million Series E.
3. M-KOPA, an African asset financing platform, raised $55 million in equity and $200 million of debt capital to lend out.
4. WeFox, a German insuretech, raised a $55 million second close in its Series D at a $4.5 billion valuation from a credit facility of the same amount both from JPMorgan and Barclays.
5. River, a bitcoin financial services provider, raised a $35 million Series B.
6. Percent*, a private credit investing marketplace, raised a $29.7 million Series B.
7. Odsy Foundation, a nonprofit developer of crypto wallet security solutions, raised $7.5 million in seed funding.
8. Jenfi, a growth-capital-as-a-service and revenue-based financing platform in Singapore, raised a $6.6 million pre-Series B.
9. AxisPay, an Egyptian digital payments platform to the North African market, announced its bank license from the Central Bank of Egypt and an $8.25 seed investment.
10. Bloom Finance, a Canadian home equity financing startup, raised a $7 million Series A.
11. Azteco, a provider of vouchers for small amounts of bitcoin for everyday use, raised $6 million in seed funding.
12. Vault*, the only all-in-one online banking platform for Canadian small businesses, raised a $5 million seed round.
13. SaveMoneyCutCarbon, a sustainability-focused money-saving platform, raised £5 million in growth funding.
14. Jia, a blockchain-based lender to small businesses in emerging markets, raised a $4.3 million seed round and a $1 million commitment of on-chain liquidity.
15. PYOR, a Bangalore-based data and insights platform for digital assets, raised $4 million in seed funding.
16. Asymmetry Finance, a staking protocol for digital assets, raised a $3 million seed round.
17. Amlyze, a financial crimefighting app, raised a $1 million pre-seed.
18. Hands-In, a payments startup that lets groups split the bill at online checkouts, raised $550,000
19. HashKey, an Asia-based digital asset financial services group, is looking to raise between $100 and $200 million.

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