Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
US fintech PayNearMe secures $45m in Series D Funding led by Australia’s Queensland Investment Corporation
PayNearMe, a fast-growing US fintech company, has announced it has closed $45 million in Series D funding led by Queensland Investment Corporation (QIC).
Spiff announces $50m Series C funding round led by Salesforce Ventures
Spiff has closed a $50m Series C fundraise led by Salesforce Ventures with participation from Lightspeed, Norwest, Kickstart Fund, Album and others.
8fig raises $140 million to boost eCommerce businesses
8fig has taken leap forward in their mission to help a growing number of eCommerce businesses achieve sustainable growth despite a turbulent global economy.
InsurTech Capitola secures $15.6m in funding led by Munich Re Ventures along with Lightspeed Venture Partners
Led by Munich Re Ventures, this round will be used to grow Capitola’s platform with an emphasis on its market intelligence capabilities and to accelerate sales in the U.S.
Vestigo Ventures invests in Calculum, first AI-Driven treasury solution to optimize working capital
Calculum is addressing this universal problem with the first artificial intelligence (AI)-driven treasury solution to help companies optimize payment terms.
Sandbox Banking secures $4.3m in Seed Funding to streamline Bank and Credit Union integration
Sandbox Banking completed its strategic investment led by Horizon Ventures, bringing the company’s total financing to $6 million.
doola Raises $8M to Expand Its Fintech Suite and Democratize Access to the US Financial Ecosystem
doola announced today that they have raised $8M in funding to continue helping entrepreneurs around the globe.