Infrastructure & Enterprise Software

Mastercard has launched a start path initiative that has been designed for Ukrainian FinTechs and entrepreneurs to enable Ukrainian startups to contribute to the rebuilding of the country’s economy.

Airbank, which stylises itself as the all-in-one finance management platform for business, has received $20m in its Series A round.

Cloverleaf, an automated coaching technology that aims to “bring out the best in workers and teams”, has raised $9 in Series A funding.

India-based HostBooks has closed its Series A funding round on $3m, which was led by payment gateway Razorpay.

Zopa, a UK-based digital bank, is reportedly in talks to raise another $100m before it goes public.

MENA-based banking-as-a-service provider NymCard has closed a fresh funding round on $22.5m to support boost its presence in the region.

Backbase, which created an engagement banking platform, has raised €120m in growth equity funding from Motive Partners.

Middesk, a software company dedicated to automated business verification and underwriting decisions, has raised $57m in Series B funding.

Finch, an employment API developer, has collected $15m in its Series A funding round, which will help it hire more staff.

Codat, an API software developer, has received $100m in its Series C funding round, which was led by JP Morgan Growth Equity Partners.