ICYMI fintech funding round-up: KlariVis, Komunal, Maalexi, Cleva & CSI

  • KlariVis (US):
    • KlariVis, a US-based data analytics solutions provider for community banks and credit unions, has raised $11 million in a Series B funding round led by Blueprint Equity.
    • The funds will be used for advancements in engineering, product development, customer success, and sales and marketing.
  • Komunal (Indonesia):
    • Indonesian neobank Komunal has secured $5.5 million in a Series A+ funding round led by Sumitomo Corporation Equity Asia.
    • Komunal, a “neo-rural bank,” plans to expand its product offerings and increase partnerships with rural banks, focusing on those outside Java and Bali.
  • Maalexi (UAE):
    • UAE-based dynamic risk management platform Maalexi has raised $3 million in a pre-Series A funding round led by Global Ventures.
    • The funds will be utilized for tech development and customer acquisition, with a focus on attracting more buyers in the UAE and Saudi Arabia and adding sellers from over 50 origin countries.
  • Cleva (Nigeria):
    • Nigerian fintech start-up Cleva has secured $1.5 million in a pre-seed funding round led by 1984 Ventures, with participation from Y Combinator and others.
    • Cleva aims to create a banking platform allowing African individuals and businesses to receive international payments by opening USD accounts.
  • CSI (US):
    • US-based CSI, a provider of core processing, digital banking, managed cybersecurity, payments processing, and regulatory compliance solutions, received a strategic investment from TA Associates.
    • TA Associates joins existing investors Centerbridge Partners and Bridgeport Partners. The funds will be used to enhance technologies and services for community banks.
Laura M
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

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...