- Fundcraft:
- Raised €5 million in Series A funding round.
- Led by Swiss VC Aperture Capital with support from SIX Fintech Ventures and other early backers.
- Plans to utilize the funding for product development and international expansion, targeting markets like Spain and Germany.
- Volta:
- Secured $4.1 million in seed funding.
- Investors include Fika Ventures, Haven Ventures, Dispersion Capital, Uphonest Capital, and Soma Capital.
- Funds to support the launch of Volta Circuit, a smart contract multi-signature wallet solution for the digital asset industry.
- Swypex:
- Raised $4 million in seed funding.
- Led by US venture capital firm Accel, marking its first investment in a MENA-based fintech.
- Offers business banking services to Egyptian companies.
- Intends to use the funding to expand the technical capabilities of its platform.
- United Fintech:
- Received investment from Denmark’s Danske Bank, securing a rotating board seat.
- Adds to previous investments from BNP Paribas and Citi in March.
- Focuses on growing B2B capital market fintech businesses.
- Danske Bank aims to leverage the partnership to support its Forward ’28 growth strategy.
- SAVR:
- Received investment from Incore Invest, the amount undisclosed.
- Plans to accelerate the launch of its new investment platform, featuring mutual funds, equities, and ETFs.
- New equities trading solution to provide stock trading opportunities across 17 markets, with AI-driven tools and low currency conversion fees.
- Originally launched in 2019, SAVR’s open fund platform has surpassed 100,000 users.
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
FinTech
India’s PhonePe Pauses IPO Amid Geopolitical Tensions
PhonePe's IPO delay highlights market uncertainties due to global issues.Highlights: PhonePe has postponed its IPO indefinitely.The decision stems...
FinTech
Ramp Acquires Billhop to Expand into EU and UK Markets
Ramp aims for broader payment solutions and market reach through acquisition.Highlights: Ramp has acquired Billhop, focusing on expanding...
FinTech
Chaseitai Launches AI Agents for Call Center Loan Servicing
New AI technology aims to enhance customer service in fintech.Highlights: Chaseitai introduces AI agents for call center support.New...
FinTech
UK MPs Call for Royal Commission to Strengthen Financial Conduct Regulation
Parliamentarians emphasize the need for improved oversight in the financial sector.Highlights: UK MPs demand a Royal Commission to...