The 22 FinTech rounds from the last week you must know about

After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

POS financing solution Divido bags $15m Series A

Divido, a provider of financing at the point of purchase, has raised $15m through its Series A.
Jodo-fintech-funding-seriesA-tuition-fees-bangalore

Tiger Global backs Jodo’s vision for India’s education payments

Jodo, a Bangalore-based FinTech that helps families pay tuition fees, has raised $15m in Series A funding.

Zopa eyes bank launch after closing £60m funding round

International peer-to-peer lender Zopa has raised $60m in its largest funding round to date, as it prepares for the launch of its digital banking platform.

ZestMoney said to raise $15m in Series B

POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.

FundThrough bags $50m investment from private equity firm

FundThrough, which helps small businesses optimise cash flow by leveraging outstanding customer invoices, has bagged a $50m investment from private equity firm Northleaf Capital Partners.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

InsurTech Jerry eyes accelerated app development following $75m Series C

Car insurance shopper Jerry has closed a $75m Series C funding round led by Goodwater Capital at a $450m valuation.

PayBright collects $34m in another financing round

PayBright, a lending and payments provider in Canada, has collected $34m in growth equity financing.

Financial product service for gaming devs Sanlo bags Series A

Sanlo, which provides financial services to gaming and app companies, has collected $10m in its Series A, alongside the launch of a $200m investment fund for game developers.

News Stories

investment

Strong investment continues for FinTechs as 2022 winds to a close

This week in FinTech proved to be a strong week for credit and financial technology-focused companies, with 36 investments being recorded.  
Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
Finclusion-Group-rebrands-to-bolster-financial-inclusion-in-Africa

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.
Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.

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