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HomeAIICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more

ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more

Date:

  • 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.

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