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ICYMI fintech funding round-up: Statement, iink, Finzly and more

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.

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