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

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...