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Latest Results from /startups

/startups

XBO exchange platform debuts pre-launch event for early registrants

XBO, the crypto exchange making digital currencies more accessible to everyone, debuts its pre-launch competition, offering investors the opportunity to pre-register and complete the verification process to the platform for a chance to earn special rewards and account privileges.

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Illuminate Financial adds Citi to investor roster

Illuminate Financial, the thesis-driven venture capital investor dedicated to early-stage FinTech and enterprise software companies, today announced a strategic relationship with Citi.

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Decentralised lending platform Morpho raises $18 million

Today, we are thrilled to announce that Morpho has raised $18M from a16z Crypto and Variant, with participation from 80 additional investors, including advisors, founders, builders, and power users.

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Spanish fintech Fuell closes €1.5M investment round

Fuell, the Spanish startup that has developed a corporate card and expenses management SaaS, has closed a €1.5M round led by Y Combinator and Fin Capital.

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Penfold returns to the crowd for new £5 million funding round

Penfold, the digital pensions platform, today announces the launch of its latest crowdfunding round, following significant growth of the business and the launch of its workplace pension platform in late 2021.

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Low code fintech platform Quiltt raises $4 million

Low-code consumer fintech platform Quiltt announced today that it has raised $4M in venture capital to expand access to financial services technology for consumers by dramatically lowering technical barriers for innovators.

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DEUNA raises $37 million to expand e-commerce in LatAm

DEUNA, the commerce operating system that enables a 1-click checkout buying experience and an expanded sales network for e-commerce merchants, today announced it has raised a total of $37M including a $30M Series A round led by Activant Capital with participation from Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures (formerly Softbank Early Stage) as well as founders from Plaid, Kavak, Jeeves, Xepelin, iFood, R2, and others.

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OneID announce ISP certification

OneID® is now a certified Digital Identity Service Provider (ISP) under the UK Digital Identity & Attributes Trust Framework (DIATF) and is the first provider with a 100% digital process to achieve this certification.

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Honye to launch Zoyo-branded trading app

Honye Financial Services Ltd (LSE:HOYE) said it has agreed a deal so that once its reverse takeover of Zoyo Capital is completed, it will launch a Zoyo-branded trading and investment app.

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YAP secures $41 million

YAP, a digital bank in the United Arab Emirates, said on Monday it had raised $41 million in funding and targeted raising another roughly $20 million to finance its expansion plans.

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WiseWorks AI raises $1.2m

WiseWorks AI, the communications intelligence platform, has secured a $1.2m investment to build a one-stop solution for financial institutions to analyse surging virtual communications for compliance and to automate everyday tasks.

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Nstart secures credit institution license

Swedish fintech Nstart has been granted a license to operate as a credit institution by the Swedish Financial Services Authority. The license will allow Nstart to offer both deposits and lending and give more Europeans the opportunity to free themselves from over-indebtedness.