{"id":52906,"date":"2024-07-30T08:25:29","date_gmt":"2024-07-30T08:25:29","guid":{"rendered":"https:\/\/codeandpepper.com\/?p=52906"},"modified":"2024-07-30T08:25:32","modified_gmt":"2024-07-30T08:25:32","slug":"fintech-wire-episode-65-fintech-news","status":"publish","type":"post","link":"https:\/\/codeandpepper.com\/fintech-wire-episode-65-fintech-news\/","title":{"rendered":"FinTech Wire: Episode #65 \u2013 Non-Mainstream FinTech News, July 2024"},"content":{"rendered":"\n

#FintechWire is back with the episode 65. June and July were exciting for the non-mainstream Fintech News from the world, with many new investments and product launches uncovered. See what we’ve prepared. <\/p>\n\n\n\n\n\n\n\n

SumUp raises \u20ac1.5B<\/h2>\n
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In an oversubscribed round led by Goldman Sachs.<\/h3>\n <\/div>\n <\/div>\n
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SumUp<\/b><\/a> has raised \u20ac1.5B in a round led by Goldman Sachs. The UK based FinTech offers a range of financial services such as payment solutions, and card readers. In this round, new investors such as AllianceBernstein, Apollo Global Management, Arini, Deutsche Bank AG join existing investors such as Funds managed by BlackRock & more. Learn more about SumUp in our Fintech Highlight Series!\u00a0<\/a><\/b><\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Quantexa Secures $129 Million Series E Investment<\/h2>\n
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Achieves Unicorn Status with $1.8B Valuation.<\/h3>\n <\/div>\n <\/div>\n
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Quantexa<\/b><\/a>, a London based Decision Intelligence Platform Secures $129 Million Series E Investment Round led by GIC, seeing participation from past and existing investors. At the same moment the DI company achieves Unicorn Status with $1.8 Billion Valuation.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Pliant raises \u20ac18m Series A extension<\/h2>\n
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This brings the round\u2019s total to more than \u20ac50 million.<\/h3>\n <\/div>\n <\/div>\n
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Pliant<\/a>,<\/b> a Berlin, Germany best FinTech providing B2B credit cards has successfuly raised over \u20ac18 million in a Series A extension. This brings the round\u2019s total sum to more than \u20ac50 million. Previously, the company has raised \u20ac28 million via its initial Series A funding round in February 2024.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Swypex launches after $4M Seed Round<\/h2>\n
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Egypt-based FinTech launches its operations on the home market.<\/h3>\n <\/div>\n <\/div>\n
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Swypex<\/a><\/b>,\u00a0an Egypt-based FinTech for all-in-one financial B2B platform announces launch after successfully closing a $4M Seed Round led by Accel VC. Swypex is set to begin operations in the Egyptian market, having obtained a comprehensive license from the CBE, with the goal of eliminating financial inefficiencies.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

London-based fintech Viable raises \u20ac2.8 million <\/h2>\n
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Startup helps brands improve growth, profit and cash flow outcomes.<\/h3>\n <\/div>\n <\/div>\n
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Viable<\/b><\/a>, a FinTech based in London, raised \u20ac2.8M Seed Founding Round. The company is creating specialized financial technology for modern merchants, enhancing financial operations and optimizing working capital with the latest in open banking, payments, and AI.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Spanish FinTech TaxDown raises \u20ac5 million<\/h2>\n
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TaxDown is disrupting the tax sector in Spain and Latin America. <\/h3>\n <\/div>\n <\/div>\n
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TaxDown<\/b><\/a>, a startup transforming the tax sector in Spain and Latin America, has raised \u20ac5 million in a new investment round. Major investors like Base10 and JME Ventures have increased their stakes. Previous backers, including Abac Nest, remain on board.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Brex Launches New Digital Banking* Products for Startups <\/h2>\n
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Brex launched new digital banking products and a number of updates.<\/h3>\n <\/div>\n <\/div>\n
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Brex<\/a><\/b>,\u00a0the leading corporate credit card company, launched new digital banking products and a number of updates to its flagship business account, giving founders access to capital where and when they need it. Brex business accounts now benefit from new advanced security features.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Feather Raises \u20ac6 million<\/h2>\n
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The Start-up aims to expand its Insurtech platform for expats across Europe. <\/h3>\n <\/div>\n <\/div>\n
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Feather<\/a><\/b>, a German insurtech startup, has raised \u20ac6 million to grow its insurance platform tailored for expats in Europe. This funding aims to help Feather serve the over 40 million expats on the continent, addressing a crucial market gap with its unique offerings.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

fiskaly secures a significant investment from Verdane<\/h2>\n
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Austrian FinTech raises undisclosed round from Verdane’s 1.1B fund. <\/h3>\n <\/div>\n <\/div>\n
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fiskaly<\/a><\/b>, a Vienna based FinTech developing state-of-the-art SaaS infrastructure for POS manufacturers and retailers in Europe, raises an undisclosed round from through Verdane’s 1.1 billion Euro “Freya XI” fund, significantly bolstering growth and expansion efforts.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

apoQlar medical closes a \u20ac10 million Series A <\/h2>\n
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Hamburg-based Creators of Holomedicine\u00ae secures Series A funding. <\/h3>\n <\/div>\n <\/div>\n
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apoQlar medical<\/a><\/b>,\u00a0a German HealthTech, creators of Holomedicine\u00ae, close a \u20ac10 million Series A. HoloMedicine\u00ae is a medically certified software platform that leverages the Microsoft HoloLens hardware to transform medical images, clinical workflows, and medical education into an interactive 3D mixed reality environment.<\/p>\n <\/div>\n \n \n<\/svg>\n<\/article>\n\n\n\n

Don’t Miss the Next Update<\/h3>\n\n\n\n

Follow us on LinkedIn<\/strong><\/a>, X<\/strong><\/a>, and Facebook<\/strong><\/a> for fresh perspectives and emerging trends from the FinTech world.<\/p>\n\n\n\n\n\n

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\n Ready to Revolutionize FinTech?<\/h2>\n\n\n
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Don’t miss out on world-class expertise.
Contact us to connect with the top 1.6% of FinTech engineering talents.<\/b><\/p>\n <\/div>\n\n \n

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