Funding Rounds

Finom, a challenger bank based in Europe and specifically tailored for SMEs and freelancers, has recently announced a substantial boost to its operations with a Series B equity funding round, raising a noteworthy €50m.

Phalanx AI, a pioneering cybersecurity company, has been honoured with the Catalyst Grant from the Arlington Innovation Fund (AIF), a recognition facilitated by Arlington Economic Development (AED).

Mia Share, a FinTech company specialising in streamlining digital payments for trade and technical schools, has raised $6.5m in a seed funding round.

Nucleus Security, a pioneer in the Risk-Based Vulnerability Management sector, has successfully raised $43m in a Series B funding round.

InsurTech startup Buddy has secured a significant boost in funding, raising $7m from 49 investors, to bring its total funding to $8m.

Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.

Cascading AI, a pioneering FinTech startup established by Stanford University and Y Combinator alumni, has proudly announced the closure of its $3.9m pre-seed funding round.

Bugcrowd, a leader in AI-powered crowdsourced security solutions, has recently announced a significant boost to its operations with a $102m strategic growth funding round.

Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.

Nearly $1bn is raised across 20 FinTech funding rounds closed this week, propped up by three sizeable deals.  It proved to be a bigger week...