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Should FinTech companies worry about the current market?
The financial market is going through a rough patch. The rising cost of living, soaring inflation rates, war in Ukraine and the post-pandemic environment is having a major impact on businesses and individuals. Companies are starting to feel the pinch and the FinTech sector is among them. However, how bad is it for FinTechs?
All-in-one finance management platform AirBank receives Series A funding
Airbank, which stylises itself as the all-in-one finance management platform for business, has received $20m in its Series A round.
Family-focused investing app Nosso raises $2.8m
Nosso, which is helping parents invest and plan for their children’s financial futures, has bagged $2.8m in capital.
Rating agency Credit Kudos collects ?5m in Series A
Credit Kudos, which claims to be a different kind of credit reference agency, has reportedly secured ?5m in its Series A.
Right-Hand pulls in $1m seed round led by Atlas Ventures
Cybersecurity startup Right-Hand has reportedly raised $1m in its seed funding stage which was led by Atlas Ventures.
Portify said to collect ?1.3m in funding led by Kindred, Entrepreneur...
Personal finance app Portify has reportedly scored ?1.3m in its Seed stage funding round.
InsurTech platform Brolly lands £1m seed investment
InsurTech platform Brolly has pulled in £1m in a seed investment round from Valar Ventures, Pi Labs and Entrepreneur First.
Brolly scores seed funding to smarten up insurance
Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.