Infrastructure & Enterprise Software

Alternative investment app Koia has raised $1.4m from a pre-seed funding round led by Seedcamp.

Belgian FinTech startup Cake has secured €4.6m in a seed funding rounded led by Truffle Capital.

Cross-border payments firm Thunes has revealed plans to substantially speed-up its expansion in Greater China as it deepens its global operational footprint.

FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.

Twig, which describes itself as a UK circular economy FinTech scaleup, has closed its Series A round on $35m.

India-based neobank Kaleidofin has raked in $10m from a Series B headed by the Michael and Susan Dell Foundation.

In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.

Revolut has launched as a bank in 10 select Western European countries in order to offer customers in these regions deposit protection.

French challenger bank Qonto has landed $552m in Series D funding, propelling it to a $5bn valuation, a report by Finextra has revealed.

Indonesian FinTech platform KoinWorks has raised $108m in Series C funding led by MDI Ventures.