- Fimple Funding Round:
- UK and Turkey-based fintech Fimple secured an additional $3.5 million in funding.
- Led by Apy Ventures, with participation from KT Portfolio, Tera Portfolio, and angel investors.
- This follows a $2 million pre-seed funding, bringing total funding to $5.5 million.
- Fimple, founded in 2022, provides cloud-native core banking solutions globally.
- Money Industries Funding:
- Estonia-based Money Industries secured $1.5 million in a funding round led by Caucasas Ventures.
- Founded in September 2023, the Tallinn-based fintech focuses on cross-border money transfer and payment infrastructure solutions.
- Aims to serve markets in Central Asia, Eastern Europe, Turkey, the Middle East, and Africa.
- Koree Pre-Seed Funding:
- Cameroonian fintech Koree raised $200,000 in a pre-seed funding round.
- Investors include Duplo co-founder Tunde Akinnuwa, Cameroon Angels Network, Catalytic Africa, and Digital Africa.
- Koree, founded in 2022, enables users to create digital loyalty cards for cashback rewards and plans to expand its merchant network.
ICYMI fintech funding round-up: Fimple, Money Industries and Koree
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