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

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

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

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