ICYMI fintech funding round-up: Embat, Slice, NayaOne, MoneyHash and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The latest fintech news, resources and expert analysis in Israel by the leading intelligence provider for the worldwide fintech community.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Ziv has previously been CEO at Kissterra, Earnix and Pontis in recent years.
The bank is to instate Pagaya’s AI tech within its Simple Loan function.
The new facility consists of a $255 million term loan and a $25 million revolver.
Kriya aims to use the facility to enhance its offerings for B2B retailers.
This latest investment brings Pontera’s total funding to date to $160 million.
Jifiti says it can now provide clients with a broader range of payment products and pan-European solutions.
The start-up plans to use some of the funding to fuel its expansion across Europe.
Mart initially joined the fintech in August 2020, just before it landed its unicorn status.
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
Barak has 22 years of experience in cloud infrastructure, big data and AI.
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
Payoneer says the start-up’s tech will help it to “better understand and serve customers”.
The launch comes just days after the company secured $17 million in a Series A funding round.
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
40Seas offers financing for SMEs involved in global commerce.
Amex plans to “integrate Nipendo’s team, technology and capabilities” to boost its B2B payments offerings.
Shield plans to boost its growth in existing markets and expand into new ones, including the US.
ThetaRay says its Sonar solution helps to “effectively identify truly suspicious cases”.
Viola had previously invested £75 million in the company to support its entry into the business loans segment.
Noble plans on using the new funding to hire new team members and aid product development.
The firm will leverage Salt Edge’s Account Information API and data enrichment solutions.
The transaction is expected to close in H2 2022 subject to regulatory approvals.
The fresh capital takes the company’s total funding to $87 million.
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
The company intends to use the capital to “make it even easier for companies to launch and succeed”.
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
The investment will be used to bring insurance products to Rewire’s 600,000 users.
Personetics’ technology analyses real-time financial data at customer touchpoints, learning their financial behaviours.
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
Company aims to increase blockchain bandwidth to scale technology for mass use.
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
SoFi plans to extend its credit lending services to a broader audience.