In Case You Missed It: Fintech Funding Update – Bling, CreditLogic, FreeBnk, and Currensea.
Bling
Bling, a Brazilian fintech that offers financial services to small businesses, has raised US$20 million in a Series A funding round led by QED Investors. Other investors in the round include Kaszek Ventures, Redpoint eventures, and Endeavor Catalyst. The company plans to use the funding to expand its product offerings and grow its team.
CreditLogic
CreditLogic, a US-based fintech that provides credit monitoring and identity theft protection services, has raised US$15 million in a Series A funding round led by Stripes Group. Other investors in the round include Nyca Partners, Firebrand Ventures, and FJ Labs. The company plans to use the funding to expand its product offerings and grow its team.
FreeBnk
FreeBnk, a US-based fintech that offers free banking services to low-income individuals, has raised US$10 million in a seed funding round led by Social Capital. Other investors in the round include Precursor Ventures, Kapor Capital, and Uncommon Capital. The company plans to use the funding to expand its product offerings and grow its team.
Currensea
Currensea, a UK-based fintech that offers a multi-currency debit card and app, has raised US$5 million in a seed funding round led by LocalGlobe. Other investors in the round include Backed VC, Seedcamp, and FJ Labs. The company plans to use the funding to expand its product offerings and grow its team.
These are just a few of the many fintech companies that have raised funding in recent months. The fintech industry is growing rapidly, as more and more people are using digital financial services. These companies are playing a key role in making financial services more accessible and affordable for everyone.
Kind regards N. Bauer
