- Marco’s Series A Funding:
- Raised $12 million in a Series A funding round led by IDC Ventures.
- Other participants include Arcadia Funds, Barn Invest, IDB Lab, Florida Funders, Kayyak Ventures, Neer Ventures, SquareOne Capital, and Miami Angels.
- Marco focuses on providing trade finance solutions for SME exporters in Latin America.
- Aims to address the $350 billion trade financing gap in the region.
- Plans to strengthen ESG efforts in the LatAm region with the new funding.
- Zone’s Seed Funding:
- Secured $8.5 million in a seed funding round led by TLcom Capital and Flourish Ventures.
- African blockchain startup headquartered in Lagos, Nigeria.
- Aims to connect monetary stores of values and enable real-time payments across borders.
- Funding to expand domestic network coverage and conduct a comprehensive pilot program for cross-border capabilities in 2025.
- Copilot’s Series A Funding:
- Raised $6 million in a Series A funding round led by VC Adjacent.
- Offers a personal finance platform focusing on AI-driven analysis of financial activities.
- Positioned to capitalize on the closure of Mint, seeing increased user adoption.
- Aimed at fueling AI and product development ambitions.
- TapFin’s Seed Funding:
- Secured $4 million in a seed round led by Elevar Equity.
- Mumbai-based fintech targeting MSME startups focused on sustainability.
- Funds to enhance data and technological capabilities, drive product development, and support market expansion.
- Aim to facilitate India’s Net Zero ambitions.
- Flowpay’s Seed Funding:
- Raised €2.1 million in a seed funding round.
- Czech embedded software provider.
- Backed by DEPO Ventures, Soulmates Ventures, Techstars, and angel investors.
- Aims to expand outside the Czech Republic, develop technological capabilities, and enhance SME product offerings.
- SmartSearch’s Investment from Triple Private Equity:
- UK-based digital compliance and AML software vendor.
- Secured an undisclosed equity investment from Triple Private Equity.
- Triple Private Equity to hold a majority stake in the company.
- SmartSearch aims to leverage Triple’s expertise in scaling B2B risk and compliance software.
ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more
