Tag: Investment

Key Middle East FinTech investment stats in Q1 2024: • FinTech deal activity in the Middle East reached 24 funding rounds in Q1 2024, a...

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

FinLocker, a prominent developer of financial readiness applications, has recently completed a significant milestone by closing its Series B funding round, securing $17m.

Niro, a Bengaluru-based FinTech startup, has raised $4.3m in a pre-Series B funding round, with contributions from the notable Japanese retailer, the Marui Group, among other existing backers.

Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of USD 75 million (INR 600 crores) in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance.

Plenty, a WealthTech platform designed to facilitate investment and financial planning for couples, has successfully raised $5m in seed funding.

Trading 212 and Paynetics have embarked on a strategic partnership to enhance financial services for users across Europe.

Bleach Cyber, a burgeoning force in the cybersecurity space for startups and small businesses, has successfully closed a $2m pre-seed funding round.

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 

Volta Circuit, a pioneering FinTech company, has successfully secured $4.1m in seed funding.