ICYMI: Funding Round-Up in the Fintech Sphere – Lemon.markets, Trustap, Adfin, Accend, and Beyond
Lemon.markets Raises €11 Million in Series A Funding
Lemon.markets, an infrastructure provider for embedded finance, has closed a €11 million Series A funding round led by Index Ventures with participation from Creandum and existing investors. The company plans to utilize the funds to expand its team, enhance its product offerings, and accelerate its growth in Europe.
Trustap Raises £5.6 Million in Seed Funding
Trustap, a provider of identity verification and fraud prevention solutions, has secured £5.6 million in seed funding led by Accel with participation from Seedcamp and angels. The company will use the investment to grow its team, develop new products, and expand its operations globally.
Adfin Secures $10 Million in Series A Funding
Adfin, a B2B payment platform, has raised $10 million in Series A funding led by Tiger Global with participation from Greycroft, Index Ventures, and Plug and Play Tech Center. The company intends to use the funds to scale its operations, expand its product offerings, and accelerate its growth in the Asia-Pacific region.
Accend Raises $12 Million in Seed Extension
Accend, a provider of financial infrastructure for startups, has secured $12 million in seed extension funding led by Fin VC with participation from Tribe Capital and existing investors. The company will use the investment to further develop its platform, grow its team, and expand its customer base.
Other Notable Funding Rounds
- FintechOS raises €10 million in Series B funding.
- Finch raises $20 million in Series A funding.
- Synapse raises $40 million in Series C funding.
- Alloy raises $50 million in Series C funding.
These funding rounds highlight the continued investor interest in the fintech sector, as companies seek to leverage technology to innovate and disrupt traditional financial services.
Kind regards N. Bauer.
