Smaller deals dominate in this week’s funding rounds


This week saw a total of 24 deals closed, raising $700m collectively. The majority of fundraises were modest in size.

Of the top ten deals, Advance Intelligence Group, a Singapore-based AI-driven technology company stole the show with a $400m raise. This comprised the majority of the $650m raised by all of the top ten deals combined.

The runner up, InsurTech company Novidea, closed a $50m Series C raise, followed by Standard Chartered with a $36m funding round.

The top ten deals this week comprised a more diverse range of countries than usual. Where we have often seen the US dominate, especially at the top end of the deals, we instead saw Singapore, Israel, South Korea, the UAE, Nigeria and Portugal feature.

FinTech Global research recently reported that FinTech deal activity and investment in April both dropped from the level’s recorded over the same month last year. In April 2023, there were 475 FinTech deals globally, indicating a 12% decline from the number of deals recorded in April 2022.

Global FinTech investment in April amounted to $406m, indicating a YoY decrease of 47%. Average deal size dropped from $2.1m in April 2022 to $0.85m in April 2023.

DMI Finance, a digital lending provider, was the largest FinTech deal in April 2023, raising $400m in their latest private equity funding round, led by MUFG Bank.

The US still dominated FinTech deal activity in April 2023 with 235 deals announced, a 49.4% share of total deals. The UK was the second most active FinTech country with 35 deals, a 7.3% share of deals. India was the third most active FinTech country in April 2023 with 18 deals, a 3.7% share of total transactions.

Looking forward in 2023, trending sectors such as Blockchain & Crypto will likely see a drop in deal activity. Blockchain & Crypto was the most active FinTech sector in April 2022 and 2022 as a whole but has fallen to the third most active in April 2023 with 70 deals, a 14.7% share of total deals.

RegTech is the only FinTech sector which has grown from 2022 with 91 deals in April 2023, a 66% increase YoY. This can be attributed to the continued disruptiveness of the CyberTech subsector. RegTech deal size has still dropped overall by 51% in April 2023 YoY.

Here are the 24 deals.

AI-driven tech company Advance Intelligence Group secures $400m

Advance Intelligence Group, a Singapore-based AI-driven technology company, has successfully raised over $400m in its Series D round of financing.

The funding round was led by SoftBank Vision Fund 2 and Warburg Pincus, with participation from key investors such as Northstar, Vision Plus Capital, Gaorong Capital, and Singapore-based global investor EDBI. The company has now reached a valuation of over $2bn, making it one of the largest independent technology startups in Singapore.

Established in 2016, Advance Intelligence Group has developed an ecosystem of AI-powered, credit-enabled products and services. This includes Asia’s leading BNPL platform Atome, SaaS big data analytics and enterprise solutions provider ADVANCE.AI, Indonesia’s top digital lending platform Kredit Pintar, and omnichannel ecommerce merchant services platform Ginee.

The company employs 1,500 staff and operates in 12 markets across South and Southeast Asia, Greater China, and Latin America. Its enterprise and consumer business currently serves over 800 enterprise clients, 100,000 merchants, and 20 million consumers.

Advance Intelligence Group plans to use the new capital to expand its BNPL and digital lending presence across Asia, deepen its AI and big data analytics capabilities, grow its enterprise client coverage, and bolster its global talent pool. Additionally, the company aims to leverage its investors’ deep network, experience, and expertise to maximise partnership and commercial opportunities.

Cloud-native insurance platform Novidea bags $50m Series C

Cloud-native insurance platform Novidea has raised $50m in a Series C funding round led by Battery Ventures.

Novidea’s insurance management platform offers a data-driven, cloud-based solution that is built on Salesforce, which standardises and automates processes to improve efficiency and deliver an enhanced user experience.

The company’s platform aims to optimise the entire insurance policy and distribution lifecycle for brokers, MGA’s and US Agencies.

The round also saw participation from Cross Creek, both new investors, and the company’s existing investors, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, Novidea has raised $90m.

Novidea said it will use the capital to support its ambition of becoming an industry leader and to increase international market share.

Specifically, funds will go to the further development of its cloud-based, data-driven insurance platform, fortification of its customer success infrastructure, and expansion of teams and offices across all target markets in the US, UK, EMEA, and APAC.

According to Novidea, its insurance platform enables insurance agents, brokers, and MGAs to automate repetitive processes, drive operational efficiencies, and increase business resilience to stay competitive and provide a better customer experience.

Standard Chartered’s crypto subsidiary Zodia Custody bags $36m

Zodia Custody, a crypto-focused subsidiary of global bank Standard Chartered, has scored $36m in a recent funding round.

According to CoinJournal, the funds will be used to move forward on international expansion.

Heading the round was SC Ventures, the venture arm of Standard Chartered, as well as SBI Holdings. There was also some unnamed investors and Zodia did not disclose its valuation following the raise.

Zodia said that the funds would be used to boost geographic expansion and increase the company’s coverage. The firm will also use the funds to improve its interchange and off-exchange settlement services as it seeks to protect client assets that are traded on crypto exchanges.

Zodia Custody was originally launched by Standard Chartered and Northern Trust, the asset servicing firm, in 2021. The firm announced a joint venture with Japanese-based SBI Digital Asset Holdings earlier this year to launch a custody business in Japan.

Duetti raises $32m for music catalog sales & management

Duetti, a music financing startup, aims to revolutionize the music catalog sales, management, and marketing industry. The company was founded by Lior Tibon, former COO of TIDAL, and Christopher Nolte, former Business Development executive at Apple Music.

The startup has recently raised $32m in funding, with investors including Viola Ventures, Viola Credit, Roc Nation, Untitled, and Presight Capital. The unique business model offered by Duetti is set to open new investment opportunities for an untapped asset class.

Duetti’s data-centered approach focuses on generating exceptional long-term financial returns for both the company and its partner artists. They achieve this by deploying innovative management and optimization tactics. The platform allows a wide range of artists to sell master catalogs, individual tracks, or even parts thereof, a privilege that was previously limited to a select group of A-list artists.

With this new funding, Duetti plans to scale its business to match growing demand. This includes expanding the team, partnering with new artists, and implementing new financial optimization opportunities for acquired tracks and catalogs. So far, Duetti has already partnered with over 60 independent artists and facilitated music rights acquisitions worth up to $400,000 per deal.

MENA open banking platform Tarabut Gateway lands $32m

Tarabut Gateway, an open banking platform in the MENA region, has raised $32m in Series A funding.

The round was led by Pinnacle Capital, an alternative investment firm that focuses on KSA investments to provide unique alternative investment opportunities.

The raise also saw participation from Aljazira Capital, Visa, Tiger Global, and other leading existing investors.

Tarabut Gateway is building an open banking infrastructure across Saudi Arabia, the UAE, and Bahrain, with plans for further MENA expansion.

The company said the capital raised bolsters its footprint in the Saudi market, with a focus on attracting top talent and fostering strategic partnerships within the Kingdom. Tarabut Gateway has also assembled an expert team of senior hires to build on the region’s recent Open Banking developments.

PayTech aimed at African businesses Nomba scores $30m

Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.

The investment was led by San Francisco-based Base10 Partners, with commitments also coming from Helios Digital Ventures, Shopify, Partech and Khosla Ventures.

Nomba is on a mission to create a bespoke payment solution for African businesses. It stated that despite growth in digital payments across Africa, most companies only have access to generic point-of-sale machines for transactions. These machines operate in isolation from the rest of the business operations.

This pre-Series B capital will enable Nomba to build payment solutions that are aimed at specific services that companies provide. It claims this will allow them to plug gaps in their payment processes, operate more efficiently and improve customer experiences.

As an example, restaurants could access menus, manage inventory, receive payments and conduct other business functions through the hardware. Elsewhere, transport and logistics companies could use the solution to directly connect their transactions to payments, creating a more seamless experience that increases sales and profitability.

Nomba is starting in Nigeria and will offer a variety of business tools. These include invoicing and order management solutions to improve efficiency and reduce cost of operations for businesses across the continent.

Funds from the pre-Series B round will also help Nomba expand across Africa and other markets.

Next-gen payment platform Liquido enters Latin America, raises $26m

Liquido, the next generation payments company for Latin America, has emerged from stealth mode, aiming to modernize and democratize digital payments access for the region’s businesses.

The company has raised $26m in funding, with investors including Index Ventures, Base Partners, Restive Ventures, Mantis VC, and UpHonest Capital, all of whom are recognized for supporting innovative FinTechs globally.

Liquido offers a comprehensive and flexible payments infrastructure, serving a wide range of needs and customer preferences through one unified and integrated API. The company has already processed over $300m in payments during its closed beta phase with several top consumer brands.

The new funding will be used to accelerate deployment and development of additional capabilities. Liquido has debuted its Payment Plus Platform (PPP), which runs on top of its core payment services, extending capabilities in innovative ways. Initial solutions include the first-of-its-kind WhatsApp Liquido Store and Payment Success Booster.

Patient billing communications platform Inbox Health bags $22.5m

Inbox Health, a patient billing communications platform, has raised $22.5m in Series B funding, bringing its total raised to more than $43m since inception.

The Series B was led by Ten Coves Capital with participation from existing investors including Commerce Ventures, CT Innovations, Vertical Venture Partners, Healthy Ventures, and Fairview Capital.

Inbox Health’s data-driven platform aims to make it easy to automate and personalise patient billing communications, modernising long-standing industry norms of 30/60/90 paper statement billing statements.

Through the platform, patients receive easy-to-understand medical bills via their preferred communication channel with convenient payment and support options like text, email, and live chat.

According to Inbox Health, this patient-first billing experience removes ambiguity around an often-complex component of the healthcare system and provides an efficient way for medical practices to manage patient collections.

The Series B announcement follows news that Inbox Health’s billing technology was awarded a patent by the US Patent and Trademark Office in April 2023.

Inbox Health said the new capital will further accelerate its strategic growth as it continues to improve and modernise the billing, support, and payment experience for even more patients and healthcare organisations.

OpenEnvoy raises $15m 

Silicon Valley AI company OpenEnvoy, which has developed an industry-leading solution for accounts payable (AP) automation, has announced raising $15m in a Series A funding round.

The investment was led by RRE Ventures and featured participation from Coelius Capital, Hack VC, Riot Ventures, and Uncorrelated Ventures.

OpenEnvoy aims to prevent billions of dollars in overpayments by automating costly finance processes. The company’s advanced AI platform quickly digitizes invoices and achieves 99% accurate reconciliation, eliminating billing errors and time-consuming interdepartmental approval processes. While OpenEnvoy can process all types of invoices, it is particularly adept at handling high-volume, variable-cost invoices for complex accounts payables.

With the new funding, OpenEnvoy plans to extend its industry leadership and fuel growth by automating AP and other financial processes. This will empower finance teams to focus on more strategic activities, leading to significant hard dollar returns through improved cash flow and operational efficiencies.

Accounting automation developer Gappify scores $10m

Next-generation accounting automation developer Gappify has secured $10m in its Series B funding round. The investment brings Gappify’s total funding to $22m.

FINTOP Capital, a venture capital firm aimed at the FinTech sector, served as the lead investor. Other commitments came from Rally Ventures, Stage 2 Capital, SaaS Ventures and Pasudeco & Co.

Gappify is a cloud-based platform that helps automate mission-critical accounting and financial reporting activities. Its flagship solution Accrual Cloud enables midmarket and enterprise accounting teams to orchestrate, execute and analyse month-end accrual processes.

As part of the funding round, FINTOP general partner Jared Winegrad will join Gappify’s board of directors.

Accounting automation startup HubSync closes Series A

HubSync, a SaaS software company for tax and accounting automation, has closed its Series A funding round to help it bolster its product development efforts.

The size of the investment was not revealed, but the round was led by Nashville Capital Network, a US-based investment firm aimed at the healthcare and technology sectors. Additionally support came from highly-strategic industry veterans, HubSync said.

With the capital, HubSync plans to bolster its growth and accelerate its product development.

HubSync offers an all-in-one client platform to automate tax returns and other key processes.

One of the boons of the platform is that it keeps everything in one place. The platform provides a single gateway for modern collaboration between industry professionals and their clients, supplying them with all the necessary information and tools directly at their fingertips.

It also boasts seamless integration and institutive user experiences to help companies move away from siloed, single-purpose applications that hinder collaboration.

Kreditz secures €10m investment to expand credit scoring services

Swedish-based credit information startup Kreditz, a Nordic market leader in credit scoring and verification services, has recently raised €10m in its latest funding round.

Key investors in this round include Ingka Investments and Creades, both making minority investments in the startup.

Kreditz, founded in 2018, specialises in helping banks and financial institutions analyse bank transaction data and obtain a comprehensive view of applicant profiles based on Open Banking and PSD2 data. The company uses bank transaction data as a foundation, aiming to promote financial transparency and responsibility globally through automated information retrieval and analysis of loan applicants’ current income and expenses.

The new funding will be used to accelerate Kreditz’s growth and facilitate expansion into new markets.

CultureAI secures £7m seed funding to reduce human security risks

CultureAI, a human risk management platform for security and awareness teams, has raised £7m in seed funding.

It raised the capital from investors including Conviction VC, Passion Capital, and Senovo. Angel investors Paul Forster, founder of Indeed, and Guntram Friede, formerly Head of Marketing EMEA at Mulesoft, also participated in the funding round.

CultureAI’s platform helps organisations measure, reduce, and respond to all cyber risks created by their workforces. It integrates with an organisation’s existing tech stack to surface actionable employee security behaviour insights. The platform has helped manage the security behaviours of more than 250,000 employees across customer organisations such as NatWest, Three, Dojo, Royal Mail Group, and business banking platform Tide.

The investment will be used to improve the platform further, double the size of the company’s team, and focus on research and development and new GTM strategies. CultureAI also plans to expand internationally and has already opened a second UK office in London.

Most corporate cybersecurity breaches are a result of employee security behaviour, such as clicking on phishing emails, using the same passwords across multiple applications, or storing corporate data in unapproved SaaS apps. CultureAI’s data-driven, cloud-based human risk management and automation platform helps organisations measure and reduce these risks by providing visibility of employee security behaviour beyond running phishing simulations.

Kiwi secures $6m pre-seed funding to revolutionise credit card industry

Kiwi, a cutting-edge credit card platform, has successfully raised $6m in pre-seed funding.

The funding round was led by Nexus Venture Partners and Stellaris Venture Partners, and also saw participation from angel investors, according to a report from Startup Story.

The startup has introduced “Credit on UPI” a comprehensive solution that allows users to make payments through credit card or bank account directly from their mobile devices. With this launch, Kiwi aims to create one of the largest direct-to-consumer models in the credit sector.

In terms of what the company does, Kiwi’s app enables users to combine the power of a RuPay credit card with the convenience and simplicity of UPI. Founded in November 2022 by experienced FinTech and banking professionals Siddharth Mehta, Mohit Bedi, and Anup Agrawal, Kiwi has received approval from the RBI to connect RuPay Credit Cards to the Unified Payments Interface (UPI).

The new funding will be used to provide credit access to one million users through UPI within the next 18 months, as stated by Kiwi co-founder Siddharth Mehta. Users can obtain a virtual RuPay credit card through the Kiwi app, which will be connected to UPI, and transact on all merchant QR codes using their credit card. The company plans to partner with major banks to issue these credit cards and also offer additional services such as UPI on Savings and P2P transfers from Savings Accounts.

Aligned bags $5.8m for B2B network

Aligned, a company claiming to pioneer the first B2B buyer-seller networker, has raised $5.8m in seed funding.

The round was led by Hetz Ventures and NFX, with participation from global strategic sales leaders and angel investors.

Founded in 2021 and based in Tel Aviv, Aligned is on a mission to accelerate and streamline B2B buyer-seller collaboration.

Using its shared online workspaces, Aligned is developing a network exclusively for B2B buying and selling to foster a smoother collaboration, facilitate stronger business relationships and ease the deal pipelines process.

Despite the drive towards digitalisation, Aligned said the way buyers and sellers collaborate has remained largely unchanged, still composed of endless email threads, attachments, and links to spreadsheets. This results in a frustrating buying experience with less deals closed.

Aligned aims to “bring order to the chaos” associated with B2B dealmaking with online rooms for sellers and buyers to collaborate on shared resources, coordinate next steps and timeliness, communication with all stakeholders and build and sign proposals.

The company said it will use the fund to scale its team to keep up with demand, embed further innovative deal analytics and AI into its platform and help build out the first professional, global network of B2B sellers and buyers.

CyberTech VyperCore nets £4m in seed raise

VyperCore, a startup that claims it is delivering a new paradigm in data centre compute performance security, has scored £4m in a seed funding raise.

The funding was provided by Octopus Ventures, Foresight WAE Technology, Science Creates Ventures, British Growth Fund and Silicon Roundabout Ventures.

This will be used to open design centres in Cambridge, UK and Bristol, UK, and to develop its first generation of accelerated compute silicon. In addition, the firm said it is also hiring.

VyperCore claims its technology accelerates existing high performance general purpose compute workloads by a factor of up to 10x, without modifying the original code.  It also securely blocks out the highest risk technical cyber-attack vectors at gate-level within the processor.

VyperCore said its memory management technology moves away from the processor’s traditional view of its memory as being a single linear space.  By defining an object-based view of the memory from within the core of the processor, substantial optimisations in execution of existing code can be achieved, while blocking memory-oriented cybersecurity attack vectors such as memory leaks and buffer overflows.

Digital wallet for insurance Marble bags $4.2m

Marble, a digital wallet and loyalty platform for insurance, has raised $4.2m in funding and launched new features.

According to a report from Insurance Innovation Reporter, the round was led by Distributed Ventures(Chicago/New York), with participation from new investors Blue Collective, Goodwater Capital, and CE Innovation Capital; existing investors IA Capital Group, MS&AD Ventures, Reciprocal Ventures; and veteran angel investors from across the finance and insurance industry.

Founded in 2020, Marble is a one-hub, digital wallet that allows members to shop, compare, explore, pay, and earn rewards on their insurance premium payments.

There is no cost to join. Marble members are insured by the nation’s largest insurance agencies and can link their healthcare, automotive, home, renters, pet, or any other type of personal insurance.

In February 2021, Marble closed its seed round on $2.5m.

Marble said it will use this latest capital to continue to invest in new ways for its members to “protect whatever, and whoever, they love.”

Specifically, Marble says it intends to expand its engineering and marketing teams, invest in deeper user research practices, and leverage that expanded team and those new insights to double-down on developing more features that are unique to the space.

Alongside the funding round, Marble also launched new features including its Rate Watch, Automated Shopping, and an Apple Wallet Integration. The Rate Watch program automatically alerts users about any rate changes filed by major insurance companies that might impact their insurance rates.

AI-driven fraud detection startup Moonsense bags $4.2m seed funding

Fraud prevention innovator, Moonsense, recently announced that they have raised $4.2m in seed funding to support the general availability of their user behavioral and network intelligence solution.

The platform aims to help organizations future-proof their fraud detection and prevention efforts.

The funding round was co-led by XYZ Ventures and Race Capital, with participation from TheGP, Foothill Ventures, and individual investors including Sekhar Sarukkai, John Lilly, and Josh Wills. Moonsense’s innovative solution is being actively used across several security and risk-sensitive industries, such as financial services, FinTech, online merchants, and online gambling, among others.

Moonsense offers a next-level data management and AI/ML solution for personalized fraud detection. By harnessing digital body language and source data, Moonsense enables businesses to better customize fraud management based on their unique needs. This approach allows companies to identify and combat advanced fraud schemes like account opening fraud using synthetic IDs and account takeover attacks (ATO).

With the new funding, Moonsense aims to revolutionize the fraud prevention industry by eliminating the dependence on costly professional services. Their product offering empowers businesses to develop tailored risk scoring models, giving them the flexibility and control to customize their fraud management strategies. This cost-effective approach allows organizations to adapt swiftly to emerging threats and protect their customers and bottom line without breaking the bank.

InvestorHub raises $4m to revolutionize market communication

Australian startup Fresh Equities has announced a successful $4m funding round, which will be used to help public companies communicate more effectively with their investors.

The company has rebranded itself as InvestorHub, according to a report from Finextra. and aims to use data-driven insights to help listed companies communicate with their shareholders and potential investors.

The funding round was led by EVP, and closed in just two months, despite difficult market conditions for tech companies. InvestorHub has grown at an impressive compound monthly growth rate of 31.7% since it launched as Fresh Amplify in July 2022, and already works with 40 companies ranging in market cap from $2m to $6bn.

InvestorHub’s software allows companies to gain a deeper understanding of their shareholder base, and to communicate with them more effectively. The platform has helped its clients, which represent over $7.5bn in market cap, reach and engage more than 45,000 investors per month, and raise over $77m.

Web3 accounting and bookkeeping firm Entendre lands $4m

Entendre, a firm that has launched the first fully automated accounting and bookkeeping solution for Web3 companies, has bagged $4m in seed funding.

The round was led by Basis Set and with participation from Valhalla, Caffeinated, Moonpay, Alumni, MDig and Alpine.

The company has built a platform that modern finance teams can use to put blockchain financial operations on autopilot.

Entendre’s mission is to accelerate Web3 by automating on-chain financial operations and reducing operational costs so businesses can focus on innovation. The platform is ready for scale, easy to use, and customizable for any business looking to introduce blockchain transactions into their ecosystem.

The firm provides an automated double-entry accounting solution powered by AI that can record entries for any blockchain transaction. The platform supports multiple blockchains, integrates with leading accounting platforms and different Web3 applications. The customer base includes industry disruptors like Hedgey, Lava, Anima, and more.

Indian edu-FinTech firm EduFund bags $3.5m led by MassMutual Ventures

EduFund, an India-based education-focused FinTech firm, has reportedly completed a $3.5m pre-series A funding round.

The company, started in 2020 by founders Eela Dubey and Arindam Sengupta, aims to help Indian parents plan, save, and invest for their children’s future education.

The investment was led by global venture capital firm MassMutual Ventures (MMV). The round also included participation from other prominent investors such as DSP Investment Managers, Anchorage Capital Partners, and Kunal Shah. EduFund has successfully engaged over 70,000 parents on its platform since its inception.

EduFund offers a full stack solution dedicated to assisting parents with planning, saving, and investing across different asset classes to meet the rising costs of education over time. The app-based platform also provides education loans and scholarships, bridging the financing needs of parents. EduFund has partnered with leading asset management companies and lenders to offer investment products and education loans.

Certif-ID raises €1.6m for digitizing global skilled professional recruitment

Certif-ID International GmbH, a blockchain-based platform for international skilled professionals, has successfully raised €1.6 million in a seed funding round.

The funding was led by NRW-Bank.

The company also continues to receive support from TV Rheinland. Certif-ID’s primary focus is on automating and digitising the recruitment process to verify skills and issue visas for international skilled professionals, particularly in healthcare, engineering, and logistics sectors.

Certif-ID plans to use the funds for further expansion into Asia and Europe and to develop its technology platform. The company’s TalentSure product line has over 300,000 registered users from 32 countries and offers 16,000 job opportunities. Utilising blockchain technology, the platform aims to provide transparency and trust for candidates’ application documents.

Berlin-based NetBird raises €1.1m to transform VPNs for businesses

Berlin-based NetBird, an open-source private network platform, has successfully raised €1.1m in a pre-seed funding round.

The company aims to revolutionize virtual private networks (VPNs) for businesses by simplifying IT infrastructure and networks.

The funding round saw participation from Nauta Capital, Antler, Rheingau Founders, Jan Oberhauser, Emma Tracey, and Mario Goetze, according to a report from Just Entrepreneurs.

NetBird’s unique approach combines the best of VPNs with Zero Trust principles and works on various modern cloud-based infrastructures, such as Google, AWS, Azure, on-premises, at home, and in containers.

NetBird intends to use the new funding to accelerate growth, further develop its technology, and expand its offerings to other platforms, including mobile and serverless. The company’s peer-to-peer connectivity model aims to reduce the complexity of IT infrastructure and networks by bypassing traditional gateways found in Zero Trust Network Access (ZTNA) and VPNs.

Osavul raises $1m to tackle information manipulation with AI-based solutions

Osavul, a Ukrainian information security company, announced that it had successfully raised $1m in a funding round led by SMRK, a Ukrainian venture capital fund.

The firm specializes in using AI-based software to safeguard states, businesses, and societies from information threats such as disinformation, information operations, foreign information manipulation, and interference.

In 2023, the emergence of generative AI has made it both more affordable and easier for malicious actors to carry out information operations, amplifying the need for advanced security technologies. Osavul’s AI-driven solutions employ sophisticated algorithms, machine learning techniques, and large language models to help users identify and counteract disinformation campaigns and other forms of malicious activity.

Osavul intends to use the newly-acquired funding to enhance its current technology and expand its international market presence, with the aim of helping democratic societies protect their states, businesses, and people from escalating threats. The company’s technology has already been deployed and successfully utilized by various security institutions in Ukraine to counter Russian disinformation, following the Russian invasion of Ukraine in 2022.

Keep up with all the latest FinTech news here.

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.