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

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

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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.

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