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MYbank showcases digital solutions for SME financing at the Singapore Fintech Festival 2023

AsiaTechDaily

Register At the Singapore Fintech Festival (SFF) on November 16, 2023. The showcased solutions included Tomtit for rural finance, Goose for supply chain finance, and Lark for automated credit line management. Despite their substantial presence, SMEs often face challenges due to limited access to finance.

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Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

In 2023, the industry attracted substantial investments, with strong financial inclusion and blockchain technology gaining acceptance in some countries. This investment came from a consortium of regional investors, including Northstar Group, Alpine Ventures, Patamar Capital, and January Capital.

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BankTech Ventures’ Fintech Investing focuses on Community Banks

American Entrepreneurship

Strategic investment fund BankTech Ventures invests in companies that are developing innovative technologies that enhance the ability of community banks to serve their customers. The Fund just announced their investment commitment of $13.5 million to six fintech companies for the second half of 2023.

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Kin lands $33M in fresh financing from investors

American Entrepreneurship

QED-led extension brings total for Series D round to $142M CHICAGO, IL – September 13, 2023 – Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $33 million Series D extension. Kin is also succeeding in geographies where other legacy insurers are either leaving or stalling growth.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception. So, just how does it work? “The

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Former Gemini CTO launches Fierce, a high-yield finance super app

TechCrunch

Managing your finances can be difficult, especially if you want to try something new like investing or even taking out a mortgage for the first time. It’s developing a finance super app that is bringing together what founder and CEO Robert Cornish calls “the best of fintech for the customer.”

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Arrenda emerges with Adelanta, a financing offering for landlords in Latin America

TechCrunch

million in equity and $25 million in debt financing. Fasanara Capital led the investment and was joined by Kube Ventures, ODX, Toehold Ventures, Wharton Fintech, Lightspeed Venture Partners Scout Fund, PRMM Inmobiliaria and a group of angel investors. million in a pre-seed round of equity and debt. The funding round was a mix of $1.5