Several fintech companies have secured investments to fuel their growth and expand their offerings, including Form3 partnering with Visa, Versatile Credit receiving funding from PSG, Fipto raising €15 million, Deduce obtaining $9 million, Immix securing $2.7 million, Emata getting $2.4 million in seed funding, and Layup raising $2.3 million for its sports-themed savings platform.
Facts
- Payments platform Form3 has received an undisclosed investment from Visa as part of a new commercial partnership aimed at reducing fraud and enhancing operational efficiencies in real-time payments.
- Versatile Credit, a US-based platform connecting retailers with lenders, has secured an undisclosed investment from growth equity firm PSG to expand its network of lenders and market share.
- Fipto, a B2B payments and treasury management solution based in Paris, has raised €15 million in seed funding led by Serena and Motier Ventures to accelerate its platform’s growth and leverage blockchain technology.
- New York-based cybersecurity company Deduce has raised $9 million in funding led by Freestyle Capital, with plans to launch its fraud solution targeting financial services, fintech, and e-commerce.
- Immix, a non-custodial ultra-low latency trading system for institutional investors, has secured $2.7 million in seed funding led by MassMutual Ventures, aiming to overcome infrastructure barriers in institutional Web3 trading.
- Ugandan fintech Emata, supporting the agricultural sector in East Africa, has secured $2.4 million in seed funding to digitize lending processes and meet the financing needs of Sub-Saharan Africa’s agricultural markets.
- Challenger banking service provider Layup, known for its sports-themed savings account, has raised $2.3 million in seed funding led by Continental Investment Partners to develop its talent, product capabilities, and marketing agenda.
