Funding Rounds

iMin Technology has secured $5m in Series Pre-A funding round, as the demand for digital commercial devices like point-of-sale terminals, industrial scanners, and self-service kiosks continues to rise globally.

Akur8, a firm specialising in next-generation insurance pricing via Transparent AI, has successfully closed a new funding round to the tune of $25m.

Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.

This week saw another quiet week in FinTech with only 12 funding rounds recorded by FinTech Global and a total funding amount of $107m.

Qashier, a Singapore-based payments system provider, has impressively amassed US$10m in a series A funding round.

FlipGive, a platform that offers cashback rewards and an end-to-end fundraising solution for youth sports teams, has secured CAD$5m. 

FinTech startup, CredRight, based in Hyderabad, has successfully raised approximately $9.7m, a combination of both equity and debt.

Open banking payments start-up Ivy, has managed to secure $20m in its Series A funding round, as it looks to take its expand its banking deals into more geographies.

Instant Financial, a FinTech firm, has celebrated a subsequent investment round, underpinning its stature in the financial world.

Fianu Labs, a company specialising in software governance automation, has announced its emergence from stealth mode.