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Fizz raises $14.4m to help Gen Z build credit for the future
Fizz, the student debit card that builds credit, has raised a $14.4 million series seed round to provide young generations with an easy-to-use debit card that helps avoid overspending.
Berlin-based climate fintech startup Cloover secures $114m to connect 1 billion people to renewable energy
Cloover, a Berlin-based climate fintech startup, has secured $114 million seed round to fuel the growth of its operating system for the renewable energy industry.
Kenyan government commits to digital transformation of financial services
The stakeholder's meeting was aimed to foster insightful discussions and generate actionable insights to drive sustainable growth and innovation within the industry.
[Free Webinar] E-commerce Evolution: The Future of Finance with Digital Payments in Africa
Join this insightful webinar focused on mastering cross-border payments in Africa's dynamic e-commerce landscape.
UAE fintech startup Ziina picks WE ARE Pi as creative and strategic partner
The strategic collaboration is poised to catalyse Ziina's ambitious mission to become a jewel of the UAE, driven by a shared commitment to breakthrough thinking, creativity, and innovation.
Fintech firm Payless Africa launches in Kenya
Payless Africa, the fintech firm building digital financial solutions, has launched in Kenya.
IFC invests $10.5 million in new 4DX Ventures Fund to support tech startups in Africa
IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.
Mobility fintech startup Moove secures $100m Series B funding round to accelerate global growth
Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, announced it has raised $100 million in a Series B funding round, valuing the company at $750 million.
Fintech startup Grupago raises $4.3m seed round to revolutionize SMB credit access in Latin America
Grupago, a fintech startup pioneering digital microcredit for small businesses (SMBs) in Latin America, announced it has secured $4.3 million in seed financing.
Techstars announces its 2024 Equitech Accelerator Class of ten tech startups
Techstars Equitech Accelerator, a Techstars portfolio company, has announced its third class of tech-enabled, early-stage companies for a thirteen-week program that provides access to financial, human, and intellectual capital while immersing each founder in training, mentorship and the Baltimore ecosystem.
Reseda Group invests $6.2m in fintech startups to elevate innovative technology in the financial services industry
Reseda Group, a wholly owned credit union service organization (CUSO) of MSU Federal Credit Union (MSUFCU), has invested in and welcomed new fintechs to its partnership ecosystem: CU LIFT Fund, CURevl, Debbie, Origence, Members Mobile, and Ranqx.
Mudrex launches Saber.Money to offer onramp and offramp services in India
Mudrex, a crypto investment platform headquartered in Bengaluru and San Francisco, backed by Y-Combinator, announced the launch of Saber.Money, to offer onramp and offramp services to B2B clients in India.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58 million to provide small and medium firms (SMEs) and other companies with better access to funding.
Kenyan fintech startup Lipa Later closes Sh500 million privately placed debt issuance for expansion
According to the company, the journey to empower Kenyan consumers with convenient and accessible financing options has been met with enthusiasm from customers and the private capital markets.
Plug and Play, Visa launch Inclusive Fintech Accelerator to advance diverse founders in fintech
Plug and Play, the world's largest global innovation platform, has announced its partnership with Visa, a global leader in digital payments, to launch an Inclusive Fintech Accelerator.
Inside the mind of an expert: Fintech AI predictions for 2023, Plug and Play
Artificial Intelligence (AI), has revolutionized financial technology (fintech), by enabling innovative solutions that transform financial management.
Swedish fintech Klarna records growth in key European markets
Klarna, the Swedish AI-powered global payments network and shopping assistant, announced strong growth across Europe.
Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Mendoza Ventures, a female and Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has launched a new non-profit, Mendoza Impact, to help fund and build the next generation of diverse founders, funders, and VC/PE fund employees.
Fintech firm LemFi raises $33m to transform financial services for immigrants everywhere
LemFi (formerly Lemonade Finance), a fintech platform transforming financial services for immigrants, has raised $33 million Series A round led by Left Lane Capital.
Fintech startup Paysend launches advertising campaign in the US
The comprehensive campaign will target the 60m Hispanic community living in the United States who regularly send money to family across Latin America, representing the largest money transfer corridor in the world.
[eMarketer] Continued decline in fintech funding signals harsher climate for startups
Record-high inflation, the war in Ukraine, and fears of a looming recession are all slowing deal activity. Technology firms have been hit particularly hard after attaining record levels in 2021.
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