Investors

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.

Egyptian digital banking startup Telda raised $5m in a pre-seed funding round led by VC giant Sequoia Capital, marking the region's largest pre-seed funding round.

Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.

UK InsurTech Wrisk raised a £4.6m investment round led by QBN Capital and aims to build frictionless, mobile-first insurance experiences.

UK-based FinTech that aims to assist consumers with borrowing ilumoni raised £1.2m in an oversubscribed seed round.

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

India-based FinTech unicorn Pine Labs raised $285m in a new round of funding which valued the firm at $3bn.

US-based ecommerce platform Our Mayberry raised $1.2m through its convertible note seed round offering by reaching its 20% oversubscription limit led by unnamed investment groups from medical services and restaurant industries.

France-based cryptography lifecycle management platform Cryptosense raised $4.8m in funding.

Mexico-based crypto exchange Bitso became the first LatAm unicorn after getting a valuation of $2.2bn on its $250m Series C funding round.