FinTech Funding News: HUB2, Schuman Financial, Sandbox Wealth, and More Secure Key Investments

  • HUB2 Raises €8 Million: African fintech start-up HUB2 secured €8 million in Series A funding, led by TLcom Capital, to streamline payments for fintechs in Francophone Africa. The company plans to expand its services in more countries across the region.
  • Schuman Financial Bags €7 Million: Swiss fintech Schuman Financial raised €7 million to develop on-chain European financial services. Their stablecoin, EURØP, is set to launch on Ethereum and Polygon, with plans for broader blockchain expansion.
  • Sandbox Wealth Secures $1.25 Million: U.S.-based Sandbox Wealth raised $1.25 million in a pre-seed round to enhance its AI-powered cash management platform. This funding will help accelerate product development and talent acquisition.
  • ThreatFabric Expands with New Investment: Cyber fraud prevention firm ThreatFabric secured an undisclosed investment from Rabo Investments to grow internationally. Their SaaS solution helps banks detect fraud using advanced analytics.
  • Centrapay’s Digital Payments Boost: Centrapay, a New Zealand-based payment tech company, received undisclosed funding from Bank of New Zealand to enhance its digital payment services, including launching a new wallet and POS app set for release in 2025.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...