Authologic Raises $8.2 Million in Series A
- Location: Poland
- Funding: $8.2 million Series A
- Led by: OpenOcean, with support from YCombinator, Peak Capital, and SMOK VC
- Founded: 2020
- Services: Digital identity verification, KYC, and AML solutions to reduce document-based verification for global businesses
- Expansion Plans: Will use funds to grow international presence, with offices in Warsaw, San Francisco, and London
2. Klasha Secures Additional $2 Million
- Locations: San Francisco and Lagos
- Funding: $2 million
- Backers: Alumni Ventures, Breega, My Asia VC, Expert Dojo, Practical VC, Resilience17, and Magic Fund
- Founded: 2021
- Services: Cross-border B2B payments between Asia and Africa, payout APIs, virtual multi-currency accounts, and wire services
- Expansion: Plans to enter the Asian market, with a new office in Hangzhou, China
3. CardFlight Receives Minority Investment from WestView Capital Partners
- Location: New York
- Funding: Undisclosed minority investment
- Founded: 2013
- Services: SaaS POS solutions, with SwipeSimple as the flagship product
- Client Base: Supports over 125,000 small businesses across the US
- Goals: To enhance software services, expand payment solutions, and increase US small business and merchant partnerships
4. Salt Launches Second Funding Round
- Location: UK
- Founded: 2021
- Services: Marine financing brokerage, loans from £100,000 with flexible options; planning Boat Financing App offering loans up to £250,000 with 24-hour approval
- Milestones: Received FCA regulatory approval in May and appointed Rob Cottingham as CRO
