#DoneDeal FinTech Funding News #43
Weekly Funding news up to Friday, October 28th, 2022

#DoneDeal FinTech Funding News #43

?? NEWS HIGHLIGHT

Bilt Rewards entered unicorn status after securing $150 million in a growth round led by Left Lane Capital.

We previously covered Bilt a year ago when the company raised $60 million in growth funding on a $350 million valuation. This investment raises that to $1.5 billion and gives the company about $213 million in total funding.

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?? Read the full Techcruch article here.?

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?? ARTICLE

Jumio helps businesses stay ahead of fast-evolving threat landscape with dramatically enhanced KYX platform.

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?? Read the full article here.

??INSIGHTS

French FinTech companies raised $65m in Q3 2022 across 22 FinTech deals.?

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?? Read the full FinTech Global article here.

?? ANALYSIS

Latin American companies announced 17 FinTech seed deals in Q3 2022, a 32% decrease from the previous quarter.?

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?? Read the full FinTech Global article here.

?? M&As

Jumio acquires anti-fraud company to improve orchestration platform. Link here.?

Yaydoo announced the acquisition of Oyster Financial, a financial services startup that helps freelancers and SMEs in Mexico. Link here.

Sproutfi (YC S21) announces the acquisition of Passfolio's client portfolio in Brazil. Link here.?

?? PARTNERSHIPS

TalentPlus, Talenthouse's partnered with and Talenthouse will invest up to $7 million in cash and shares in Nerve. Link here.

NOW, ON TO THE SUMMARY OF LAST WEEK'S?NEWS

?? NOTABLE FUNDING ROUNDS

?? Tymit raises £23m from Sports Direct founder Mike Ashley’s Frasers Group. Link here.

?? Sezzle signed a new $100 million credit facility with affiliates of Bastion Management. Link here.

?? ConnexPay secures $110 million growth investment. Link here.

UK ????

Sidekick scoops £3.33 million in pre-seed funding. Link here.

EUROPE ????

Floryn announced that it has raised €65M. Link here.

WeTravel bags €27M to expand its travel-specific fintech suite. Link here.

Arf raised $13m in a seed round. Link here.

USA ????

Landis grabs $40M to turn renters into homeowners. Link here.

Upkeep announces $2M seed funding to accelerate growth and expand to new markets. Link here.

Finexio closes $35 million series B funding round. Link here.

Cathie Wood doubles down on Coinbase via ARK Fintech Innovation ETF. Link here.

Ottr Finance raises $3.1 Million pre-seed funding. Link here.

Collctiv has launched in the USA. Link here.

CANADA

Perch closes $4M Series A to accelerate growth. Link here.

LATAM

REWORTH was selected by Barclays to participate in RISE and increases its seed capital to USD $6.6m. Link here.

Menta raises $6M to help B2B companies become fintechs. Link here.

Covalto announces the closing of two credit lines for $200M. Link here.

Nelo scores $100M to fuel its ambitious growth plans. Link here.

ASIA

Investmint raises $2 million in seed funding. Link here.

REAP raises US$ 40 million investment in their Series A funding. Link here.

NextPay helps medical professionals collect payments and manage finances. Link here.

MIDDLE EAST

Vesttoo raises $80 million at $1 billion valuation. Link here.

Ruba raised funding in a pre-seed financing round. Link here.

Lune, secures USD850k pre-seed funding to accelerate expansion in MENA. Link here.?

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