- CBi Group Funding:
- Secured $15 million in Series A funding led by Alpol Capital Family Office.
- Funds to enhance R&D, focusing on AI and new tech for product offerings.
- Founded in 2017, it specializes in international financial services.
- Serves clients in 163 countries, partners with over 120 banks, and has a global clearing network for over 100,000 businesses.
- Swiipr Funding:
- Raised £6 million in Series A funding led by Octopus Ventures, with Solano Partners and TX Ventures.
- World’s first airline-specialized payments platform.
- Provides virtual and physical prepaid compensation cards and a mobile app for the travel sector.
- Funds to develop product and technology strategy, including AI, data analytics, R&D, and international market growth.
- Landytech Funding:
- Secured a $5 million corporate debt facility from CIBC Innovation Banking.
- Funds to support strategic expansion in Europe and enhance its investment management solution, Sesame.
- Raised $20 million to date, including $12 million in Series B funding last year.
- Frich Money Funding:
- Raised $2.8 million in seed funding led by Restive Ventures, with participation from K20, Spartan Innovations, and TruStage.
- Funds used for key hires.
- Financial wellness app launched in 2021, targeting Gen Z users.
- Entered a pilot partnership with Michigan State University Federal Credit Union.
- 10x.team Funding:
- Closed a €1 million seed funding round six months after launch.
- Supported by angel investors, including former executives from Brand New Day, Ohpen, and others.
- AI-driven platform connecting fractional professionals with start-ups.
- Funds to expand team and platform to meet growing demand.
- Marketnode Funding:
- Closed a Series A round led by HSBC, with additional backing from co-founder Temasek.
- Funds to scale platforms and develop a multi-asset ecosystem in Asia-Pacific.
- Collaborated with HSBC since 2020 on digital market infrastructure.
- John O’Neill, HSBC’s global head of digital asset strategy, joins Marketnode’s board of directors.
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
