and fintech futureswe know that in this fast-paced industry, it can be easy to miss a funding announcement. If you miss it (ICYMI) A fundraising roundup to get the latest fundraising news.
Real-time cross-border payment fintech in Canada Bucky Raised $14.5 million Series A funding led by Mistral Venture Partners and Uncorrelated Ventures.
New investors Luge Capital and Blue 9 Capital and existing investors Revel Partners also participated in the all-stock funding round.
Founded in 2018, Buckzy enables real-time cross-border payments and Banking-as-a-Service (BaaS) capabilities through its embedded financial platform. Buckzy claims he went live in 2020 and has since added more than 140 customers to its customer roster, including traditional banks, neobanks and fintechs.
Buckzy has funded over 80 countries including UK, India, EU, Philippines, UAE and more. Recently, we also expanded our network in Latin America, covering Argentina, Brazil, Chile, Colombia, Guatemala, Honduras, Mexico and Uruguay.
The fintech firm said it plans to use the new funding to enter new markets and further expand its product offerings.
Buckzy also recently appointed Seema Rai Nair as its new Vice President of Customer Success and Network Expansion. In her new role, Rai Nair will be responsible for growing Buckzy’s global network of partners, including banks and other financial services providers, fintechs, enterprises and e-commerce platforms.
Fintech company based in Cameroon Ejara I put it in my bag $8 million In a Series A funding round led by Anthemis Capital and Dragonfly Capital.
Existing backers Mercy Corps Ventures, Coinshares Ventures and Lateral Capital, along with new investors Circle Ventures, Moonstake, Emurgo, Hashkey Group and BPI France also participated in the round.
Founded in 2020, Ejara offers an investment and savings mobile app that allows users to buy cryptocurrencies, earn interest on savings, and make instant payments through the Lightning Network.
Australian regtech company frankie one secured $15.4 million In a series A+ funding round led by Airtree Ventures and Greycroft (AUD 23 million).
Existing backers Reinventure, Tidal Ventures, Apex Capital Partners, and new investors Binance Labs and Kraken Ventures also participated in the round.
With the new funding, FrankieOne has now raised over $30 million (A$45 million) in total capital, claiming it to be the largest ever raised by a Regtech in Australia.
Founded in 2017 and based in Melbourne, FrankieOne provides compliance, identity verification and fraud detection engines that help banks, fintechs and other businesses onboard and protect their customers. Its capabilities include Know Your Customer (KYC), Biometrics, Identity Verification, Know Your Business (KYB), Anti-Money Laundering (AML), Terrorist Financing, Compliance, Transaction Surveillance, and Fraud Prevention.
With the new funding, FrankieOne plans to expand its presence in Asia Pacific and North America.