and fintech futureswe know that in this fast-paced industry, it can be easy to miss a funding announcement. If you miss it (ICYMI) Funding roundup to get the latest fintech funding news.
checkknow your customer (KYC), know your business (KYB) and data management platform, Funding from SC VenturesStandard Chartered’s innovation, fintech investment, and venture division, as part of its latest funding round.
The multi-million dollar round was led by HSBC, with participation from venture capital firm SOSV.
Alex Manson, Head of SC Ventures, said:
While some companies claim to optimize customer onboarding in banks, nothing compares to checks in delivering digital benefits to multiple stakeholders through real-time data collection. There is none.”
Founded in 2013, Chekk has offices in Hong Kong, Singapore and Paris, and clients in Europe, the Middle East and Asia.
Australia-based paytech hello clever I put it in my bag $4.5 million in fundingIt will consist of a $1.7 million pre-seed and a $2.8 million seed round.
The seed round was led by Vectr Fintech Partners and was led by Ken Cheung (former Asia-Pacific CEO), Ken Cheung (formerly of Asia Pacific), led by CrossFund, Yolo Investments, Magnivia Ventures, Son Tech Ventures, Boson Ventures, and prominent angels such as Anthony Warren and Olivia Warren of Peter Warren Automotive. Founder) participated. Facebook and Instagram, and co-founders of OurSong and John Legend), Daniel Johnson and Bosco Tan of Mercurien Insurance.
We want to introduce a new ecosystem that helps consumers be financially healthy and merchants increase sales and reduce operating costs, says the startup.
That’s why we’re not a single product, but a ‘smart way’ to implement payment strategies to achieve better business outcomes. From Hello Clever as a consumer app, we have evolved to building Hello Clever Business, Hello Clever Business API, and Hello Clever Yield. This is the path to financial investment for Gen Z. “
Hello Clever claims to be “Australia’s first buy-and-earn platform designed with the customer in mind”. It provides real-time cashback to customers through payment APIs. This is an instant payment solution powered by New Payment Platform (NPP), PayTo and PayID.
Principal investor Mark Munoz said, “We’ve never seen a fintech app for young users on the market with such traction and positive customer reviews.”
He predicts that Hello Clever can grow to Southeast Asia through the Philippines, Indonesia and Vietnam. These markets have “large, young, tech-savvy populations.”
Wrinklesis a United Arab Emirates-based fintech for teens and young adults in the Middle East and North Africa (MENA). $3 million seed funding round.
Investors participating in the round include Goodwater Capital (the world’s largest consumer tech VC), Dubai Future District Fund (a venture capital fund of funds in Dubai backed by the Dubai International Financial Center and the Dubai Future Foundation) and Level Fund. , Trampoline Venture Partners. , Zemu VC, some of Europe’s most prominent family offices and strategic angel investors.
Earlier this year, Zywa raised $1 million in pre-seed funding.
Founded in 2021 and backed by Y Combinator, the fintech offers gamified, community-based banking apps and payment cards to 11-25 year olds. It claims to have received over 100,000 signups.
It currently exists in the UAE and Egypt, and is expected to launch in Saudi Arabia in early 2023.