- January Technologies (US Fintech):
- Raised $12 million in a Series B fundraise.
- Led by IA Ventures, with participation from existing and new investors.
- Plans to develop new products and expand market presence.
- Spade (US Real-time Merchant Data Provider):
- Raised $10 million in Series A, led by Flourish Ventures.
- Offers real-time merchant data to improve card issuer’s fraud risk models.
- Aims to double headcount and expand internationally with the funds.
- Keyless (UK Fintech):
- Raised an additional $6 million, bringing total funding to $26 million.
- Led by Rialto Ventures, first round as an independent company.
- Focus on meeting increasing demand for its universal biometric profiles in banking and financial services.
- Bujeti (Nigerian Fintech):
- Secured $2 million in seed funding led by Y Combinator.
- Provides a corporate card and spend management platform for African businesses.
- Plans to increase market presence and enhance product development, including credit lines for SMBs.
- TURN Platform (Investment by Industrial Thought):
- Industrial Thought invested £250,000 in TURN (TISA Universal Reporting Network) platform.
- TURN is an industry blockchain solution for fund-related data.
- Aims to increase market compliance, reduce regulatory costs, and enhance services for the financial sector.
- Icon Solutions (Investment by Citi TTS):
- Citi Treasury and Trade Solutions made an undisclosed investment in Icon Solutions.
- Plans to expand use of Icon Payments Framework (IPF) for payments transformation.
- Part of Citi’s multi-year modernization of its payments platforms for flexibility and responsiveness.
- Mintus Global (Investment by Eurobank Asset Management):
- Eurobank Asset Management acquired an undisclosed minority stake in Mintus Global.
- Aims to collaborate further in alternative investment asset categories.
- Mintus provides access to alternative asset classes for various investor categories.
