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ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more

  • CBi Group Funding:
    • Secured $15 million in Series A funding led by Alpol Capital Family Office.
    • Funds to enhance R&D, focusing on AI and new tech for product offerings.
    • Founded in 2017, it specializes in international financial services.
    • Serves clients in 163 countries, partners with over 120 banks, and has a global clearing network for over 100,000 businesses.
  • Swiipr Funding:
    • Raised £6 million in Series A funding led by Octopus Ventures, with Solano Partners and TX Ventures.
    • World’s first airline-specialized payments platform.
    • Provides virtual and physical prepaid compensation cards and a mobile app for the travel sector.
    • Funds to develop product and technology strategy, including AI, data analytics, R&D, and international market growth.
  • Landytech Funding:
    • Secured a $5 million corporate debt facility from CIBC Innovation Banking.
    • Funds to support strategic expansion in Europe and enhance its investment management solution, Sesame.
    • Raised $20 million to date, including $12 million in Series B funding last year.
  • Frich Money Funding:
    • Raised $2.8 million in seed funding led by Restive Ventures, with participation from K20, Spartan Innovations, and TruStage.
    • Funds used for key hires.
    • Financial wellness app launched in 2021, targeting Gen Z users.
    • Entered a pilot partnership with Michigan State University Federal Credit Union.
  • Funding:
    • Closed a €1 million seed funding round six months after launch.
    • Supported by angel investors, including former executives from Brand New Day, Ohpen, and others.
    • AI-driven platform connecting fractional professionals with start-ups.
    • Funds to expand team and platform to meet growing demand.
  • Marketnode Funding:
    • Closed a Series A round led by HSBC, with additional backing from co-founder Temasek.
    • Funds to scale platforms and develop a multi-asset ecosystem in Asia-Pacific.
    • Collaborated with HSBC since 2020 on digital market infrastructure.
    • John O’Neill, HSBC’s global head of digital asset strategy, joins Marketnode’s board of directors.

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