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HomeBankingICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more

ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more

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  • D2X: Netherlands-based crypto derivatives exchange D2X raises $10 million in Series A funding led by Point72 Ventures. The company aims to increase the adoption of crypto assets among institutions and launch in Q2 this year with its MiFID MTF license.
  • SAPI: UK fintech SAPI closes a £7.5 million equity fundraising round with Passion Capital and angel investors. The embedded finance platform plans to enhance its product offering, onboard new partners, and expand in the European market.
  • DigiMaaya: Egypt-based digital assets exchange and bank DigiMaaya secures $7 million in seed funding from MIRAI Capital Global to launch its financial super-app offering. The start-up aims to create a user-centric, global, regulated, and compliant platform.
  • Reseda Group: US-based Reseda Group invests over $6.2 million in various fintech partners including CU LIFT Fund, Origence, CURevl, Debbie, Members Mobile, Ranqx, Ascent, and Changed. The investments aim to empower credit unions and community banks to better serve consumers.
  • Youverify: Nigeria’s Youverify receives a $2.5 million strategic investment from Elm to scale its AI-driven anti-money laundering solutions globally. The fintech aims to reduce costs, increase operational efficiency, and navigate compliance standards with ease.
  • Trampay: Brazilian gig economy fintech Trampay secures a $250,000 pre-seed investment from Potencia Ventures to invest in technology and launch physical payment cards. The company targets an increase in its user base to 50,000 customers.
  • NatWest and Icon Solutions: British bank NatWest makes a strategic minority investment in Icon Solutions, its payments partner. Icon Solutions operates a low-code payment framework, fundamental to NatWest’s modernization in payments technology.
  • Tuum: Core banking vendor Tuum receives a strategic investment from Citi Ventures to expand its international presence. The investment aims to explore commercialization opportunities and meet key stakeholders within Citigroup.

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