- Unbox (Belgium):
- Belgium-based fintech Unbox has secured a €12 million Series A funding round led by HSBC Asset Management.
- Unbox, founded in 2020, is a software company enabling firms to efficiently distribute and track value, cashflows, and funding.
- The funds will be used to expand its software platform, serve target markets better, and provide technology solutions for flagship and industry-led projects. A significant portion of the funding will go towards talent recruitment and team development.
- Rivero (Switzerland):
- Swiss fintech start-up Rivero has raised $7 million in a Series A funding round led by 6 Degrees Capital and Inference Partners.
- Founded in 2019, Rivero aims to simplify payment operations, offering fraud recovery, dispute management, and payment scheme compliance solutions through its SaaS products.
- The funding will be used to accelerate growth in new markets, boost product development, and expand the workforce.
- ProjectPay (UK):
- UK-based ProjectPay, a construction project payment platform, has secured over £700,000 in grants from Innovate UK.
- ProjectPay addresses cashflow shortages in the construction sector, aiming to mitigate payment default risks for small businesses and debt providers.
- Ryft (UK):
- UK-based payments platform Ryft has secured an undisclosed sum as a grant from Innovate UK under the ‘Innovation within Professional and Financial Services’ tender.
- The grant will support Ryft in expanding into new markets and improving existing payment platform offerings. Funds will also be used for team expansion and product development.
