Statement:
- Israel-based fintech Statement secures $12 million in seed funding.
- Led by Glilot Capital Partners with participation from Citi, Mensch Capital Partners, Titan Capital, and Operator Partners.
- Offers AI-based data infrastructure for finance and treasury automation.
- Works with “dozens” of companies and easily integrates with ERP and accounting software.
iink:
- US-based fintech iink raises $12 million in a Series A funding round led by Headline.
- Aims for “strategic integrations” with mortgage-servicing banks and insurance carriers.
- Focus on creating a digital and automated workflow for property insurance claims.
Finzly:
- US-based fintech Finzly closes $10 million Series A funding led by TZP Growth Equity.
- Provides a cloud-based API platform simplifying financial institution operations.
- Offers API connection to FedNow, the US Federal Reserve’s instant payments service.
Flanks:
- Spanish fintech Flanks scores $8 million in Series A funding led by Earlybird Venture Capital.
- Offers an API for automated wealth services to banks and asset managers.
- Plans to go international and expand product development.
Basis:
- US-based Basis emerges from stealth with $3.6 million seed round led by Better Tomorrow Ventures.
- Offers AI-assisted solutions for accounting firms, including “Basis Intern” and “Basis Accountant.”
Auquan:
- UK and US-based AI fintech Auquan raises $3.5 million in a seed round led by Neotribe Ventures.
- Launches Auquan Intelligence Engine for extracting intelligence from unstructured data.
- Aims to expand market presence in the US.
Akahu:
- Kiwi fintech Akahu secures $1.4 million in funding from Red Bird Ventures, K1W1, and NZ7 Investments.
- Provides open finance infrastructure for the government, corporate, and fintech companies.
- Aims to create new banking experiences through open banking insights.
