#DoneDeal FinTech Weekly Newsletter powered by Marcel van Oost
Connecting the dots in FinTech...
Connecting the dots in FinTech...
The Financial Revolutionist (The FR), a leading destination for fintech insights, analysis, and data, has entered into a strategic partnership with Marcel van Oost — a prominent fintech social media commentator, investor, and entrepreneur — and his popular “Connecting the dots in FinTech ” newsletters.
The FR and Van Oost’s “Connecting the dots in FinTech” newsletters will share select coverage across audiences — offering a wider range of news to more than 130,000 combined global subscribers spanning the globe as well as and nearly 150,000 social media followers.
REPORT
?? NEWS HIGHLIGHT
This strategic move leverages FinZi's infrastructure and market presence to expand Girasol's services in the region. FinZi, known for its digital wallet catering to over 250,000 users, primarily targets the youth segment and offers a variety of financial products.
The acquisition aligns with Girasol's vision to become a leading digital payment provider in the Caribbean and Latin America. FinZi will continue focusing on its digital wallet services, while Girasol plans to implement its technological solutions and expand into the B2B segment.
?? ARTICLE
?? M&As
Crédit Agricole acquires minority stake in Worldline. Crédit Agricole says the transaction demonstrates its intention to support Worldline’s development and implementation of its strategy as a key European payment services provider.
Allianz Direct set to buy Accel-backed Luko for €5m. The deal still needs to be green-lighted by the French commercial court in charge of the case .
IeDigital acquires AI fintech software house Abaka. ABAKA’s full stack modular platform also enables financial services firms to provide contextualized engagement and personalised product offers while streamlining operations and processes.
NOW, ON TO THE SUMMARY OF LAST WEEK'S?NEWS
领英推荐
?? NOTABLE FUNDING ROUNDS
?? Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale.
?? Fintech heavyweight Kaspi.kz valued at $17.5 bln in tepid Nasdaq debut.
?? 11:FS to launch fintech VC fund led by Fronted founder Jamie Campbell
?? Klarna CEO Siemiatkowski says the company is likely to IPO very soon .
UK ????
Vertice gains $25 million in Series B. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.
Digital Onboarding raises $58m. The firm says it helps clients engage with customers via targeted , journey-based communication and action-oriented microsites to drive account primacy.
Ozone API raises ￡8.5m to go global. The company plans to use the investment to build its team as it works to support all emerging standards and provide the tools for banks to monetise open APIs.
Bilt Nabs $3.1 Billion Valuation , Ken Chenault Joins as Chairman. The transaction more than doubles the startup’s valuation to $3.1 billion as consumers continue to flock to its loyalty program.
EUROPE ????
French digital asset firm Flowdesk raises $50m to secure licenses in Singapore, US. The company said that it will use the fresh funds to expand its over-the-counter (OTC) offering and secure digital asset trading licenses in Singapore and the US.
Danish fintech Safty raises €11.3 million. The data encompasses details such as residence and family status, as well as specific changes in each customer's life or needs.
WealthKernel Secures ￡6 Million in Series A Extension Funding. This year, WealthKernel plans to position itself in the European market to cater to the growing demand for investment infrastructure solutions.
Mondu secures €30m to double down on European expansion. The Berlin-based B2B ‘buy now, pay later’ launched in the UK last March and is available to businesses in Germany.
USA ????
DailyPay closes $75 million equity round. The additional $100 million expansion of the existing credit facility, provided by Citi, brings DailyPay's revolving secured debt facility to $660 million .
Tandem Raises $3.7M in Seed Funding . The company intends to use the funds to expand operations and its business reach, and develop the platform with additional features and build the Android app.
ModernFi Raises $18.7M Series A. ModernFi helps banks thrive in an increasingly competitive banking landscape and attract and retain clients that might otherwise go to.
BillingPlatform Secures $90 Million Growth Equity Investment from FTV Capital. The investment will fuel BillingPlatform's continued expansion in a $10 billion market that is growing more than 10% per year .
LATAM
Colombian fintech Approbe received US$2.3M investment for its online lending platform . This peer-to-peer (P2P) lending platform involves not only individuals, but also corporations or even payment gateways.
ASIA
Goldman Sachs doubles loan facility to Hong Kong fintech start-up FundPark to US$500 million. Goldman recently doubled the asset-backed securitisation facility to up to US$500 million.
FinAGG raises $11m to expand MSME financing in India. The new funding will help expand FinAGG’s reach in the country.
HashKey claims 'unicorn status' after raising US$100 million. HashKey Group, the company behind one of Hong Kong's two cryptocurrency exchanges approved to serve retail investors.
Qatar's Karty raises $2m for digital wallet. The startup has received in-principle approval for development and demo in strategic partnership with local bank Masraf Al