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A total of $710m was raised across the 25 FinTech funding rounds this week, with just two deals accounting to $498m of this.
Despite the FinTech sector hitting a troubling time, a total of $1.7bn was raised by 34 companies this week.
US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.
UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.
Uruguayan payments platform dLocal has secured $150 million from a recent funding round led by investment firm Alkeon Capital.
UK-based challenger bank Starling Bank raised circa $270m in a Series D round led by Fidelity Management & Research taking its valuation to £1.1bn.
London-based cryptocurrency wallet and exchange operator Blockchain.com has raised $120m in new venture capital funding round, taking its total funding amount to $190m since its launch in 2012.
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