WealthTech

Mercantile, an industry-specific credit card platform designed to meet the unique needs of small businesses, has launched with $15m in Series A funding.

Stash Financial, a beginner investing app, has reportedly closed a $52.6m debt offering, which came from a dozen of investors.

Uniswap, which has built a decentralised crypto trading protocol, has $165m in its Series B funding round.

Singapore-based Pillow, which allows consumers to invest into cryptocurrencies, has reportedly raised $18m in its Series A funding.Accel, Quona Capital, Elevation Capital and Jump...

Ayoconnect, an Indonesia-based open finance platform, has raised $13m in an extension of its Series B funding round.

The cost-of-living crisis has encouraged more people to engage with their finances. However, it is hard to know what to do when starting out. Kidbrooke has urged wealth managers to use financial simulation to inspire clients.

Egypt-based money management app Telda has reportedly raised $20m for its seed funding round, as it looks to revolutionise finance in MENAP.

Net Purpose has raised £10m for its Series A round, as it continues its mission to make impact investing available to everyone.

GoHenry, a prepaid spending card for children, has scored $55m from a recent financing round to push forward plans for global expansion.

Tink, European open banking platform, has partnered with money saving app Snoop to help UK customers save money on bills.