Funding Rounds

Nigerian FinTech Traction raises $6m in seed funding amidst expansion plans

Nigerian e-commerce platform Traction has announced that it has raised $6m in a seed investment round, as it looks to accelerate company growth. 
Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum. 

PayTech startup Ivy secures $7.7M in seed funding

Ivy, an instant bank payment startup, has secured $7.7M in a seed investment round that was led by European VC Creandum. 
modest-week-fintech-deals

Modest week for FinTech with almost $530m raised

This week was another modest week for funding in the FinTech sector with $530m raised. With notable performances from InsurTech companies and US-based ventures. 
Toku

Latin American PayTech Toku raises $7m seed funding

Toku, a platform seeking to revolutionise the way firms collect payments in Latin America, has scored $7m in a seed funding round.

News Stories

Sierra Leone's Metro Cable and Velmie team up for Vult: A revolutionary digital wallet

Sierra Leone’s Metro Cable and Velmie team up for Vult: A revolutionary digital wallet

Metro Cable, Sierra Leone's leading provider of high-speed gigabit internet access, and Velmie, a renowned banking technology provider, have teamed up to launch Vult, a modern digital wallet solution.
FE fundinfo acquires Dericon to expand in German wealth management market

FE fundinfo acquires Dericon to expand in German wealth management market

FE fundinfo, a key player in financial data services, has expanded its reach in the European market by acquiring Dericon, a German FinTech firm based in Frankfurt.
USA maintained its position as FinTech's central hub for deals this week, on a solid week for FinTech funding.

USA maintains spot as FinTech’s central hub in this week’s funding rounds

USA maintained its position as FinTech's central hub for deals this week, on a solid week for FinTech funding.
Financial wellness platform WeMoney secures $3m, plans $10m+ fundraise

Financial wellness platform WeMoney secures $3m, plans $10m+ fundraise

Australian financial wellness platform, WeMoney, has successfully completed a $3m fundraising round, further cementing its position as one of the country’s leading Open Banking players, according to FinTech Australia.
UAE's Huspy secures new funding to build SuperApp for real estate

UAE’s Huspy secures new funding to build SuperApp for real estate

Huspy, a property technology company based in the UAE, has announced a new funding round led by Balderton Capital, with additional participation from existing investor Fifth Wall and other investors.

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