- EduFi Funding:
- Singapore-based EduFi secures $6.1 million in pre-seed funding.
- Led by Zayn VC, with participation from Palm Drive Capital and others.
- EduFi operates an AI-led platform for student loans, a recently launched app in Pakistan.
- Funding is intended for platform improvements, customer onboarding, market expansion, and new products, including student credit cards.
- Performativ Funding:
- Denmark-based Performativ raises €5.5 million in a seed funding round.
- FinTech Collective leads, with participation from existing investors.
- Performativ’s tech streamlines wealth management processes, aiming for industry transformation.
- Funding to accelerate growth trajectory and broaden the investor base.
- Mogul Seed Funding:
- US-based Mogul completes $3.6 million seed funding round.
- Led by AY Ventures, with participation from Tim Draper & Associates.
- Plans to develop new platform features and expand into new investment product offerings.
- Founded in 2022, headquartered in Washington DC.
- Due Seed Round:
- UK-based Due secures $3.3 million in a seed round led by Semantic and Fabric Ventures.
- Aims to provide borderless multi-currency accounts and international payments.
- Launching in November, focusing on the US, Europe, the UK, and Sub-Saharan Africa.
- Expansion into Latin America and Asia Pacific is scheduled for Q1 2024.
- Primer Investment from Tencent:
- Singapore-based Primer secures an undisclosed investment from Tencent.
- Primer provides a unified infrastructure for global payments and commerce.
- Aims to grow product portfolio, expand market reach, and enhance existing products.
- Founded in 2020, addresses payments industry challenges for merchants.
