Only $7.3 billion was invested globally in the fintech industry in the first three months of this year, according to the most recent State of Venture report from US-based data analytics company CB Insights. This is a new four-year low in the sector's investment.
Fintech is expanding quickly. A US$85 million Series C fundraising round led by EDC Investments has been secured by Brim Financial.
The corporate AI security company TrojAI has announced a major expansion of its activities with a new $5.75 million seed funding round.
The company that created the renowned on-chain Phoenix exchange, Ellipsis Labs, has raised $20 million in Series A funding.
CrashBay, the first online marketplace devoted to revolutionizing the collision repair sector, has effectively concluded a $1.25 million fundraising round.
Leading player in the FinTech infrastructure space, Brim Financial, just closed a $85 million Series C financing round.
Securing €15 million in Series A funding, Formalize, formerly known as Whistleblower Software, has declared a major milestone.
Pioneering in the mortgage technology space, Aidium is pleased to announce that its $19 million Series A fundraising round, led by PeakSpan Capital, has concluded, marking an important milestone.
A Bengaluru-based business called Innoviti Technologies has successfully raised INR 40 crore in a Series E fundraising round.
After completing a Series A fundraising round, California-based NewRetirement, which provides a platform for financial planning and wellbeing, has secured a $20 million investment.
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