Funding Rounds

Blossom Social, a Vancouver-based FinTech startup, has successfully secured more than $2.1m CAD in seed funding. The funds were raised to support the expansion of its investing social network into the US.

Climate X, a London-based climate risk analytics provider, has closed a ?6.3m seed funding round as it plans to expand its product suite.

A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity.

Socotra, a core technology developer for insurance firms, has raised $5.5m in its Series A round from 8VC.

Ategrity Specialty Insurance Company, a specialty property & casualty insurance company focused on the excess and surplus (E&S) lines market, has received $75m investment from Zimmer Financial Services.

Social media payment platform PayKey has reportedly picked up $6m for its Series B funding round.

Core banking platform Tuum has scored €15m in a Series A round of funding, with Portage Ventures leading the round.

E-commerce giant MercadoLibre's credit unit Mercado Credito has strengthened its financial muscles thanks to a $125m loan from investment bank Goldman Sachs.

Plenti Group Limited, a FinTech company specialising in providing innovative financing solutions, has announced the launch of its HEUF discounted green loans.

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.