XFOLIO, a French and Lebanese-based FinTech company redefining institutional wealth management, has successfully closed a $2m seed funding round. The investment was fully provided by Middle East Venture Partners (MEVP), and will enable XFOLIO to accelerate its product development, expand into new markets across MENA and Europe, and form strategic partnerships. Founded in 2024 by
Kiwi, a FinTech company focused on building AI-driven credit and financial tools for underbanked Latino communities in the US, has closed a $7.8m Series A funding round. The round was co-led by LIP Ventures and Advent-Morro Equity Partners, with further backing from Morro Ventures, Independent Capital, Neer Venture Partners, Invariantes Fund, and others. This latest
Nomupay has secured $40m in funding alongside entering a strategic partnership with Japan-based SB Payment Service Corp (SBPS). According to Tech EU, the latest funding round, which values Nomupay at $290m, includes an investment from SBPS. The capital injection marks a milestone in the company’s efforts to accelerate cross-border payment capabilities between Asia and the rest
Stitch, a Saudi Arabia-based FinTech company, has raised $10m in seed funding to support its mission of transforming how financial and non-financial institutions build banking and payment products. The round attracted backing from investors including Arbor Ventures, COTU Ventures, Raed Ventures, and SVC. It also saw participation from family offices and industry veterans such as
Wagestream, a UK-based FinTech firm specialising in financial wellbeing solutions for employees, has secured a £300m debt financing facility from global banking giant Citi. The financing will support the expansion of Wagestream’s Workplace Loans product, which was launched in late 2024 through an early access programme. The product has already been adopted by thousands of
AI-powered cybersecurity company Doppel has raised $35m in a Series B funding round to strengthen its social engineering defence platform for enterprises. The round was led by Bessemer Venture Partners, with participation from 9Yards Capital, Sozo Ventures, and existing investors including a16z, South Park Commons, Strategic Cyber Ventures, Script Capital, and Sabrina Hahn. Doppel’s valuation now stands
Pineapple Financial, a Canadian mortgage technology and brokerage company, has announced the pricing of a $1.5m public offering. The Toronto-based firm provides digital solutions aimed at transforming the mortgage experience for brokers, lenders, and clients. The company’s public offering includes 10 million units, with each unit comprising one common share and one warrant to purchase
LenderLink, a pioneering FinTech based in the Philippines focused on improving credit data infrastructure, has successfully closed its first external funding round. The company secured $1.25m in an oversubscribed pre-seed round, with investments from Kaya Founders, Iterative, Founders Launchpad, and local business angels including Manila Business Angels. LenderLink is developing the first high-tech, real-time credit
Crux, a capital markets technology company focused on clean energy and manufacturing, has raised $50m in a Series B funding round. The investment was led by Lowercarbon Capital, with participation from new investors Liberty Mutual Strategic Ventures, MassMutual Ventures, and OMERS Ventures. The round also saw continued backing from existing investors including Andreessen Horowitz (a16z),
Unique AI, a vertical AI company, announced that it has successfully closed a $30m Series A funding round. Since its inception in 2021, the company has now amassed a total of $53m in investment. The latest funding round was spearheaded by CommerzVentures and DN Capital, with continued backing from early seed investors, including VI Partners
Kani Payments, a FinTech firm specialising in payment reconciliation and reporting, has secured a multi-million-pound Series A investment to enhance its platform and expand globally. The funding round was led by Maven Capital Partners, one of the UK’s leading private equity firms. It also included investment from the Maven VCTs and NPIF II – Maven
SafelyYou has secured $43m in a Series C funding round led by Touring Capital, bringing the firm’s total capital raised to over $100m. With this tranche, SafelyYou plans to expand its technology offerings to address growing challenges in senior care, including increasing resident acuity, staffing shortages, and care accuracy, according to the Coverager. The company
