Tuesday, July 1, 2025
28 C
London
HomeBankingICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...
  • 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.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories