ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more

ICYMI Funding Round-Up: Latest Fintech Funding News

  1. Dopay
    • Amount Raised: $13.5 million Series A extension.
    • Lead Investor: Argentem Creek Partners.
    • Purpose: Expansion in Egypt, new financial products, and extending platform to other markets.
    • Offering: Digital payroll and payments platform for unbanked/underbanked workers with prepaid Mastercard.
  2. Caliza
    • Amount Raised: $8.5 million.
    • Lead Investor: Initialized Capital.
    • Purpose: Double workforce in Brazil, expand into the Mexican market.
    • Offering: Cross-border settlement solutions using USDC stablecoin.
  3. Haruko
    • Amount Raised: $6 million Series A.
    • Lead Investors: White Star Capital’s Digital Asset Fund, MMC Ventures.
    • Purpose: Expansion into Southeast Asia.
    • Offering: Digital asset investment platform for financial institutions.
  4. Wamo
    • Amount Raised: $5 million bridge to Series A round.
    • Investors: Re-Pie Asset Management, Finberg, Logo Ventures.
    • Purpose: European expansion, EU Electronic Money Institution licence.
    • Offering: Digital business accounts for SMEs.
  5. Mifundo
    • Amount Raised: €2.5 million EIC grant.
    • Purpose: Enhance EU data service coverage, integrate more countries, advance pan-European data model.
    • Offering: AI-driven cross-border finance platform for credit profile transfers.
  6. AFT (Agri and Fintech Technology)
    • Investor: HBL (Habib Bank Limited).
    • Purpose: Scale solutions for financial services in agriculture and SME sectors.
    • Offering: Digitt+ platform for digital payments and financial services for farmers and merchants.
  7. Billfold
    • Amount Raised: Undisclosed seven-figure extension round.
    • Lead Investors: BambuVentures, Inertia Ventures, Fran Tarkenton.
    • Purpose: Grow core business, prepare for Series A.
    • Offering: POS solutions for the entertainment industry.
  8. Papaya
    • Amount Raised: Undisclosed.
    • Lead Investors: BEENEXT, A2D Ventures.
    • Purpose: Upgrade technology, boost marketing, expand into Singapore.
    • Offering: Omni-channel ordering and payments solution for the hospitality sector.
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

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...